Shoppers at Mall of the Emirates will have 40 more luxury stores to peruse from September 1 when it opens a 10,500 square metre extension. Construction on the new wing, built at a cost of just under Dh500 million (US$136.1m), is complete but the retailers are fitting out the new shops, said Shahram Shamsaee, the senior vice president of retail for the developer Majid Al Futtaim (MAF) Shopping Malls.
The extension is the latest in a wave of new retail space in Dubai after the opening of major shopping centres such as Dubai Mall and Mirdif City Centre in the past two years. The large supply has resulted in a drop in the average cost of renting new shop space in Dubai, analysts say. Still, Mr Shamsaee said Mall of the Emirates continued to see a steady stream of visitors, along with retailers who want to rent space in the mall. "If we could build that extension three times its current size, it would probably have been taken up by retailers within four weeks," he said. "The demand for space in Mall of the Emirates is by far ahead of any centre in MENA."
Customer traffic at Mall of the Emirates is "slightly up" on last year, said Mr Shamsaee. By the end of the year, he expects footfall to be between 3 and 5 per cent ahead of last year's figures, which were on par with that of the retail boom in 2008. "The centre was going through some major construction of the extension, which can sometimes put some customers off," he said. "To have [that] sort of challenging business environment and construction … it's incredible to be able to generate footfall and returns."
The new extension has been designed in the style of the existing mall, Mr Shamsaee said. After the new wing opens, MAF intends to revamp its food and beverage sections in the mall by removing outdated brands and replacing them with new restaurants, he said. Mall of the Emirates has 466 stores across 220,000 sq metres, as well as Ski Dubai, the Middle East's first indoor ski resort and snow park. aligaya@thenational.ae
Fifa Club World Cup quarter-final
Kashima Antlers 3 (Nagaki 49’, Serginho 69’, Abe 84’)
Guadalajara 2 (Zaldivar 03’, Pulido 90')
MATCH INFO
Uefa Nations League
League A, Group 4
Spain v England, 10.45pm (UAE)
BEETLEJUICE BEETLEJUICE
Starring: Winona Ryder, Michael Keaton, Jenny Ortega
Director: Tim Burton
Rating: 3/5
Miguel Cotto world titles:
WBO Light Welterweight champion - 2004-06
WBA Welterweight champion – 2006-08
WBO Welterweight champion – Feb 2009-Nov 2009
WBA Light Middleweight champion – 2010-12
WBC Middleweight champion – 2014-15
WBO Light Middleweight champion – Aug 2017-Dec 2017
The specs
Engine: 6.2-litre V8
Transmission: ten-speed
Power: 420bhp
Torque: 624Nm
Price: Dh325,125
On sale: Now
UAE currency: the story behind the money in your pockets
INFO
What: DP World Tour Championship
When: November 21-24
Where: Jumeirah Golf Estates, Dubai
Tickets: www.ticketmaster.ae.
Confirmed%20bouts%20(more%20to%20be%20added)
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Company Profile
Name: Thndr
Started: 2019
Co-founders: Ahmad Hammouda and Seif Amr
Sector: FinTech
Headquarters: Egypt
UAE base: Hub71, Abu Dhabi
Current number of staff: More than 150
Funds raised: $22 million
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Six tips to secure your smart home
Most smart home devices are controlled via the owner's smartphone. Therefore, if you are using public wi-fi on your phone, always use a VPN (virtual private network) that offers strong security features and anonymises your internet connection.
Keep your smart home devices’ software up-to-date. Device makers often send regular updates - follow them without fail as they could provide protection from a new security risk.
Use two-factor authentication so that in addition to a password, your identity is authenticated by a second sign-in step like a code sent to your mobile number.
Set up a separate guest network for acquaintances and visitors to ensure the privacy of your IoT devices’ network.
Change the default privacy and security settings of your IoT devices to take extra steps to secure yourself and your home.
Always give your router a unique name, replacing the one generated by the manufacturer, to ensure a hacker cannot ascertain its make or model number.
Frida%20
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RESULT
Wolves 1 (Traore 67')
Tottenham 2 (Moura 8', Vertonghen 90 1')
Man of the Match: Adama Traore (Wolves)
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Company%20Profile
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Five expert hiking tips
- Always check the weather forecast before setting off
- Make sure you have plenty of water
- Set off early to avoid sudden weather changes in the afternoon
- Wear appropriate clothing and footwear
- Take your litter home with you