Yas Mall to launch the largest department store in the region this November
A joint venture between Aldar Properties and Chalhoub
One of Abu Dhabi's leading property development, investment and management companies, Aldar, has announced the signing of an agreement with the Chalhoub Group to create the region's largest department store experience, comprised of 200,000 square feet of prime retail space within Yas Mall – and although it joins other malls, this is a first of its kind for the UAE capital and set to open in 2015.
The department store will showcase a portfolio representing the most desirable labels available in the Middle East, from over 200 global brands, with a focus on concession stores covering beauty and cosmetics, fashion, accessories and an extensive children's' selection.
"Our partnership with Chalhoub Group is another important differentiator for Yas Mall, Yas Island and the wider Abu Dhabi retail landscape. We have worked closely with Chalhoub Group to identify and develop the best department store experience for Yas Mall." Said Mohammed Al Mubarak, Aldar's Chief Executive Officer.
Patrick Chalhoub added, "We are delighted to be partnering with Aldar on this new and unique project in Abu Dhabi. We believe that Yas Mall is the perfect place for us to be launching a new and exciting store concept to market and showcase a selection of international design houses. We look forward to revealing more details over the coming months."