An 80,000sq m area will be developed to create an integrated commercial centre featuring entertainment and healthy lifestyle focused services.
MAIR Group, an investment company focused on grocery retail and commercial real estate in the UAE, will become the official partner of Al Jazira Sports Club in the development of an allocated 80,000sq m of land adjacent to the Mohammed Bin Zayed (MBZ) Stadium, the club’s home venue in Abu Dhabi.
Al Jazira Sports Club, established in 1974 and a three-time champion of the UAE Pro League, is one of the largest and most successful sports clubs in the UAE, the company said in a statement.
According to the MoU, ‘Makani Real Estate’, the real estate arm of MAIR Group, will develop the land over the long term to create an integrated commercial centre featuring entertainment destinations, personal and healthcare services, with a particular focus on promoting a healthy lifestyle.
Jamal Saeed Al Nuaimi, CEO of Al Jazira Club Group, commented: “We always strive to make Al Jazira Club and Mohamed bin Zayed Stadium an attractive entertainment and sports destination for residents and visitors of Abu Dhabi. Collaborating with MAIR Group, a leader in this field, will take us to new heights and enhance the club’s previous successes in positively engaging with the community and serving it effectively. We always welcome joint collaborations with leading local companies and we are very pleased to have MAIR Group join the club’s family of partners. We look forward to a sustainable joint collaboration that will contribute to achieving the ambitious goals of both parties and meet the aspirations and needs of the diverse community in Abu Dhabi.”
