Page 12 - RLIJune2026

DUBAI WILL ADD ANOTHER NEIGHBOURHOOD RETAIL ASSET IN

AUGUST WHEN NAS GARDENS COMMUNITY MALL LAUNCHES

On course to open later this year, early occupiers
include Waitrose supermarket, Kokoro Handroll Bar
and Bake My Day. Coverage on the launch also lists
cafés, restaurants, health and fitness spaces and a nurs
-
ery inside the two-storey scheme.
Nestled just ten minutes from Downtown Dubai
and within easy reach of areas including DIFC, Busi-
ness Bay and Meydan, Nad Al Sheba Gardens is owned
by Shamal and being developed by Meraas.
“Nad Al Sheba Gardens is an extraordinary living
experience, designed as a calm yet vibrant envi -
ronment which allows residents to find a ‘sense of
belonging’. It is a tangible manifestation of the UAE’s
ambition to be the best place to live and a place where
people find their forever home,” said Abdulla Binhab-
toor, CEO at Shamal.

Red Sea Global (RSG), the regenerative tourism
developer, has reached a major milestone as Four
MIDDLE EAST NEWS
Seasons Resort and Residences Red Sea at Shura
Island welcomed guests from 20 May, marking
the first joint venture-developed resort within its
portfolio to enter the market.
Developed in partnership with Kingdom
Holding Company (KHC), the launch represents
a shared milestone for both organisations and
marks a new phase in RSG’s development model,
highlighting the growing role of institutional and
private sector partnerships in scaling Saudi Ara-
bia’s luxury tourism sector.
This new-to-market SAR 2.6bn resort was devel-
oped through a 50-50 joint venture between Red
Sea Global and Kingdom Holding Company, with
SAR 2bn debt financing provided by Riyad Bank.

DUBAI SOUTH TO DEVELOP HUGE HOKA SELECTS PLACE VENDÔME

NEW RESIDENTIAL COMMUNITY FOR FIRST QATAR STORE

-
The project will span 22 million square feet and include residen Place Vendôme has welcomed the opening of the first HOKA
tial, retail and lifestyle offerings designed to serve Dubai South’s store in Qatar, as it brings one of the world’s fastest-growing per
-
growing population and surrounding districts. The development formance footwear and apparel brands to the country’s leading
will be anchored by a large shopping mall, which is expected to retail and leisure destination.
become a major retail, entertainment and lifestyle destination Located at Place Vendôme, the 200,000sq m retail, leisure
for residents and visitors. and entertainment destination, the new 180sq m HOKA store
The agreement was signed at Dubai South headquarters by will showcase the brand’s full line-up of performance footwear,
Nabil Alkindi, Group CEO of Dubai South and Ahmed Galal apparel and accessories, serving runners, fitness enthusiasts, life-
Ismail, CEO of Majid Al Futtaim Holding. The signing took place style consumers and visitors looking for technical products that
in the presence of Khalifa Alzaffin, Executive Chairman of Dubai combine comfort, support and distinctive design.
Aviation City Corporation and Dubai South and Fadel Abdulbaqi The opening marks an important addition to Place Vendôme’s
Al Ali, Chairman of Majid Al Futtaim Holding. international brand mix and reflects the continued growth of
The master development will be located near Al Maktoum Qatar’s lifestyle, sportswear and wellness retail market. It also
International Airport, which is set to become the world’s largest strengthens the destination’s appeal to a broad customer base,
airport upon completion. The project will also have access to from residents and families to tourists and regional visitors.
key highways and major transport corridors and will be close to The Qatar store has been launched by Apparel Group, one of
Dubai’s economic and logistics hubs. the region’s leading retail franchise groups.

12 Retail & Leisure International June 2026