Majid Al Futtaim opened a new mall, the My City Centre Al Dhait, in Ras Al Khaimah.
The mall is the company’s first investment in a community and convenience-focused retail and services destination.
The AED68.5mn mall, which has a gross leasable area of 5,494sq m, houses more than 30 regional and international lifestyle brands.
My City Centre Al Dhait is Majid Al Futtaim’s third My City Centre mall in the UAE.
The opening the mall reinforces Majid Al Futtaim’s commitment made in 2016 to increase investments in the UAE by AED30bn by 2026, taking its total investments in the UAE to AED48bn.
According to a press release, the mall follows green building protocol with innovative methods and resource-efficient procedures in place, including collecting condensed water from air-conditioning and ventilations systems to use for irrigation and installing LED lighting and water-saving low-flow fixtures and faucets.
The single-storey, 7,000sq metre property meets LEED Gold criteria and its solar-panelled parking bay shades, which incorporate photovoltaic cells, are expected to deliver energy savings of 7.5 per cent.