Retail giant Carrefour signs up for Dubailand's Legends Mall
Saudi-based developer Tanmiyat Global has signed an agreement to deliver Dubailand’s first Carrefour store in its Legends Mall, located within the $1.9 billion Living Legends development which was halted for years after the global financial crisis in 2008.
The 300,000 square foot Legends Mall, set for completion by the end of 2016, will feature 158 stores, with Carrefour becoming the first retailer to stake a claim in the multi-million dollar project.
“Carrefour is a highly respected global brand and will play an integral role within to the Living Legends community,” said Mohammed Bin Odah, CEO of Tanmiyat Global.
“We are working to provide the owners and future residents with world-class retailers to create a community lifestyle where everything they need is within walking distance from their apartment or villa.”
He added: “We are in negotiations with more leading retailers and are partnering with Delta International Real Estate to manage the project as we prepare to handover the first 150 villas in Q2 2015.”
Delta International Real Estate is working to bring more brands and services to the mall, a statement said.
“We are proud to partner with Carrefour in an agreement which adds great value to the development,” said Saleh Tabakh, CEO of Delta International Real Estate. “Living Legends is set to become the ‘centre of tomorrow’ and one of the most exciting locations for investors and end users."
Located close to Arabian Ranches, Global Village and Downtown Dubai, the 14,442,030 square foot Living Legends development will also feature a community club house, boutique hotel, schools, clinics, and a nine-hole golf course and academy.
In addition to Legends Mall, Delta International Real Estate is now working to pitch the boutique hotel concept to world leading brands to add more value and increase football to the area.
Phase one of the Living Legends project is more than 92 percent complete, as certified by the Real Estate Regulatory Authority (RERA). The residential and investment project is set to hand over its first 150 villas in the second quarter of 2015.
