Dubai - UAE
Dubai Retail, one of the largest groups of shopping and entertainment destinations in the region and a subsidiary of Dubai Holding Asset Management, announced The Yard, the first integrated shopping and entertainment destination on Palm Jebel Ali. The new destination extends over a rental area of about 70,000 square feet, and includes 26 stores and facilities that include shopping concepts, restaurants, fitness, and daily services. The Yard is expected to serve about 20,000 residents in the surrounding residential communities.
Notable brands
The most prominent brands confirmed in the destination include: Waitrose, American Hospital, Piccoli, Jumeirah International Nursery, Café Bateel, and Friends Avenue. McLaren Construction is the main contractor for the development of the project, and it is scheduled to open in 2027 to constitute a pivotal destination that meets the needs of the future residents of Palm Jebel Ali.
What does the project mean for the Arab investor?
“The Yard” represents an early indicator of the maturity of the commercial infrastructure in Palm Jebel Ali, which enhances the area’s attractiveness for Arab investors looking for real estate in full-service projects. The project is part of the "Dubai Retail" portfolio, which now includes 57 shopping and lifestyle destinations in Dubai, which reflects a strategic expansion in the main growth areas in the emirate.
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