Lulu Hypermarket will set up its biggest store at the soon to be launched Capital Mall in Mohamed Bin Zayed City in Abu Dhabi. An agreement to this effect was signed yesterday (Wednesday) by Mohamed M. Al-Qubaisi, chairman of Manazel Real Estate, and Yusuffali M.A., MD of Lulu Hypermarkets Group.
The proposed 220,000 sq. ft hypermarket will have all the modern shopping facilities. Talking to media, Al-Qubaisi said: "We are obviously delighted to have Lulu with us as our anchor tenant and once completed this project will contribute to introducing new life into the area and will revitalize it in accordance with the Abu Dhabi 2030 vision of residential development within the new Capital District. Capital Mall will consist of three stories spanning 60,158 square meters of retail space and house around 278 fashion, electronics, jewelry and service retail stores, in addition to entertainment outlets, which include a diverse selection of restaurants and cafes."
Al Qubaisi said the mall would be an important addition to the area, due to its prime location in the new Capital District. The mall is expected to provide services to residents of Mohamed Bin Zayed City as well as neighboring areas such as Khalifa City A and B, Al Falah, Al Raha Beach, Bani Yas and Al Shawamekh.
Yusuffali said: "This move is part of our plan to be closer to various residential and new developments taking place in Abu Dhabi and nearby suburbs. Capital mall with its unique location advantage and catchment area is the ideal place for opening our biggest yet Lulu Hypermarket in the region."
