Dubai - September 7, 2010 - Customers look at the price of telephones in a display in the electronics department in the Carrefour City Center store in Deira, Dubai, September 7, 2010. (Photo by Jeff Topping/The National)
Dubai - September 7, 2010 - Customers look at the price of telephones in a display in the electronics department in the Carrefour City Center store in Deira, Dubai, September 7, 2010. (Photo by Jeff TShow more

Sharjah just the start for mall venture



The Sharjah Government and Majid Al Futtaim Propertiesplan to build seven "community malls" in the emirate over the next two years in response to rising demand for local retail.

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Three of the malls, which are branded Matajer and are designed to service the local community, are due to open in the first half of next year. A further three or four are in the pipeline, slated for 2013 openings. The joint venture between Sharjah and Majid Al Futtaim (MAF) is considering rolling out the branded community mall concept throughout the rest of the UAE after that.

"At the moment we are not looking outside Sharjah, but once we get the concept completely up and operational, I think … we start looking beyond Sharjah," said Uday Bhasin, the chief financial officer for Sharjah Holding, a strategic partnership between the Government and MAF.

The first Matajer community mall was opened in Al Quoz in Sharjah in October with Carrefour Market as the anchor tenant and outlets such as McDonalds, Caribou Coffee and Planet Pharmacy. "It's exceeded our own expectations," said Mr Bhasin. "We really want Matajer to succeed as a neighbourhood concept."

Three more Matajer malls are set to be open in Al Juraina, Al Mirgab and Al Khan, all with Carrefour as the anchor tenant and each shopping centre is already 80 per cent leased.

"There's been great demand [from retailers] for the first one," said Mr Bhasin. "[The mix of retailers] will be based on demand for retailers in the area."

Throughout the UAE, international brands are expanding small convenience stores and local supermarkets to tap into changing habits of shoppers, who are visiting such stores more frequently and spending less per visit.

Mr Bhasin said both Dubai and Abu Dhabi municipalities had asked Sharjah Holding for details on the Matajer concept and its benefits to local retail.

"We have had approaches from Dubai and Abu Dhabi trying to understand how we have managed to do this and roll these malls out quickly," said Mr Bhasin.

Abu Dhabi is in the process of overhauling its own local retail sector by asking all grocery owners to upgrade stores to international standards by the end of the year or lose their licence.

Hundreds of small independent shopkeepers are expected to cease trading as they struggle to meet the cost of the revamps, which is estimated at up to Dh160,000 (US$43,500) per store.

Khalifa bin Braik, the vice president of Sharjah Holding, said the Matajer malls were encouraging leasing enquiries from local business. Ten per cent of mall space has been reserved for local retail companies.

"What we have done with Al Quoz, if you look at the layout of the mall, it's really community driven so we have been trying to get guys from the community," said Mr Braik. "I do not think we will take out the local community grocer but we will add to the service available."

Each Matajer mall will have about 1,800 square metres to to 7,500 sq metres of leasable retail space. The Al Quoz centre, which has 17 shops over a total leasable area of about 3,000 sq metres, aims to serve 5,000 households in the area.

Sharjah Holding forecasts a rise in retail demand to about 30 per cent above supply by 2013. It also said about 70 per cent of residents preferred malls to single stores.

Specs

Engine: Duel electric motors
Power: 659hp
Torque: 1075Nm
On sale: Available for pre-order now
Price: On request

How to wear a kandura

Dos

  • Wear the right fabric for the right season and occasion 
  • Always ask for the dress code if you don’t know
  • Wear a white kandura, white ghutra / shemagh (headwear) and black shoes for work 
  • Wear 100 per cent cotton under the kandura as most fabrics are polyester

Don’ts 

  • Wear hamdania for work, always wear a ghutra and agal 
  • Buy a kandura only based on how it feels; ask questions about the fabric and understand what you are buying
Banned items
Dubai Police has also issued a list of banned items at the ground on Sunday. These include:
  • Drones
  • Animals
  • Fireworks/ flares
  • Radios or power banks
  • Laser pointers
  • Glass
  • Selfie sticks/ umbrellas
  • Sharp objects
  • Political flags or banners
  • Bikes, skateboards or scooters
The specs
 
Engine: 3.0-litre six-cylinder turbo
Power: 398hp from 5,250rpm
Torque: 580Nm at 1,900-4,800rpm
Transmission: Eight-speed auto
Fuel economy, combined: 6.5L/100km
On sale: December
Price: From Dh330,000 (estimate)
Skewed figures

In the village of Mevagissey in southwest England the housing stock has doubled in the last century while the number of residents is half the historic high. The village's Neighbourhood Development Plan states that 26% of homes are holiday retreats. Prices are high, averaging around £300,000, £50,000 more than the Cornish average of £250,000. The local average wage is £15,458. 

Company profile

Date started: Founded in May 2017 and operational since April 2018

Founders: co-founder and chief executive, Doaa Aref; Dr Rasha Rady, co-founder and chief operating officer.

Based: Cairo, Egypt

Sector: Health-tech

Size: 22 employees

Funding: Seed funding 

Investors: Flat6labs, 500 Falcons, three angel investors

NO OTHER LAND

Director: Basel Adra, Yuval Abraham, Rachel Szor, Hamdan Ballal

Stars: Basel Adra, Yuval Abraham

Rating: 3.5/5

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Dubai works towards better air quality by 2021

Dubai is on a mission to record good air quality for 90 per cent of the year – up from 86 per cent annually today – by 2021.

The municipality plans to have seven mobile air-monitoring stations by 2020 to capture more accurate data in hourly and daily trends of pollution.

These will be on the Palm Jumeirah, Al Qusais, Muhaisnah, Rashidiyah, Al Wasl, Al Quoz and Dubai Investment Park.

“It will allow real-time responding for emergency cases,” said Khaldoon Al Daraji, first environment safety officer at the municipality.

“We’re in a good position except for the cases that are out of our hands, such as sandstorms.

“Sandstorms are our main concern because the UAE is just a receiver.

“The hotspots are Iran, Saudi Arabia and southern Iraq, but we’re working hard with the region to reduce the cycle of sandstorm generation.”

Mr Al Daraji said monitoring as it stood covered 47 per cent of Dubai.

There are 12 fixed stations in the emirate, but Dubai also receives information from monitors belonging to other entities.

“There are 25 stations in total,” Mr Al Daraji said.

“We added new technology and equipment used for the first time for the detection of heavy metals.

“A hundred parameters can be detected but we want to expand it to make sure that the data captured can allow a baseline study in some areas to ensure they are well positioned.”

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5 of the most-popular Airbnb locations in Dubai

Bobby Grudziecki, chief operating officer of Frank Porter, identifies the five most popular areas in Dubai for those looking to make the most out of their properties and the rates owners can secure:

• Dubai Marina

The Marina and Jumeirah Beach Residence are popular locations, says Mr Grudziecki, due to their closeness to the beach, restaurants and hotels.

Frank Porter’s average Airbnb rent:
One bedroom: Dh482 to Dh739 
Two bedroom: Dh627 to Dh960 
Three bedroom: Dh721 to Dh1,104

• Downtown

Within walking distance of the Dubai Mall, Burj Khalifa and the famous fountains, this location combines business and leisure.  “Sure it’s for tourists,” says Mr Grudziecki. “Though Downtown [still caters to business people] because it’s close to Dubai International Financial Centre."

Frank Porter’s average Airbnb rent:
One bedroom: Dh497 to Dh772
Two bedroom: Dh646 to Dh1,003
Three bedroom: Dh743 to Dh1,154

• City Walk

The rising star of the Dubai property market, this area is lined with pristine sidewalks, boutiques and cafes and close to the new entertainment venue Coca Cola Arena.  “Downtown and Marina are pretty much the same prices,” Mr Grudziecki says, “but City Walk is higher.”

Frank Porter’s average Airbnb rent:
One bedroom: Dh524 to Dh809 
Two bedroom: Dh682 to Dh1,052 
Three bedroom: Dh784 to Dh1,210 

• Jumeirah Lake Towers

Dubai Marina’s little brother JLT resides on the other side of Sheikh Zayed road but is still close enough to beachside outlets and attractions. The big selling point for Airbnb renters, however, is that “it’s cheaper than Dubai Marina”, Mr Grudziecki says.

Frank Porter’s average Airbnb rent:
One bedroom: Dh422 to Dh629 
Two bedroom: Dh549 to Dh818 
Three bedroom: Dh631 to Dh941

• Palm Jumeirah

Palm Jumeirah's proximity to luxury resorts is attractive, especially for big families, says Mr Grudziecki, as Airbnb renters can secure competitive rates on one of the world’s most famous tourist destinations.

Frank Porter’s average Airbnb rent:
One bedroom: Dh503 to Dh770 
Two bedroom: Dh654 to Dh1,002 
Three bedroom: Dh752 to Dh1,152 

COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20Revibe%20%0D%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202022%0D%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Hamza%20Iraqui%20and%20Abdessamad%20Ben%20Zakour%20%0D%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20UAE%20%0D%3Cbr%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20Refurbished%20electronics%20%0D%3Cbr%3E%3Cstrong%3EFunds%20raised%20so%20far%3A%3C%2Fstrong%3E%20%2410m%20%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EFlat6Labs%2C%20Resonance%20and%20various%20others%0D%3C%2Fp%3E%0A
The Sand Castle

Director: Matty Brown

Stars: Nadine Labaki, Ziad Bakri, Zain Al Rafeea, Riman Al Rafeea

Rating: 2.5/5

KEY%20DATES%20IN%20AMAZON'S%20HISTORY
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