63,000 Sq. Ft of freehold office spaces, more than 37 open retail spaces
Dubai Investments, the leading diversified Investment company listed on the Dubai Financial Market, announced that the construction of the commercial spaces and the residential buildings within the Al Multaqa Avenue, Mirdif Hills — marked as the upcoming commercial hub in the Mirdif area — is 95% complete and ready for handover in February 2021.
Mirdif Hills, which is developed by Dubai Investments Real Estate, is the first freehold, mixed-use, gated community in Mirdif, spanning 1 million square feet. The Al Multaqa Avenue is among the three avenues within the development.
Designed and conceptualised as the commercial hub within the Mirdif Hills project, the first freehold office spaces, open retail spaces, and the residential buildings within the avenue are progressing steadily, with final touches on the fitouts currently ongoing.
“The focus of the commercial aspects within mixed-used developments has shifted and expanded to include authentic experiences, creating a new way of life. The opening of the Al Multaqa Avenue will facilitate this new experience and enable easy access to the commercial aspects within a widespread, mixed-used community development. Retail is an important aspect within this commercial space, and we will be announcing key tie-ups in due time,” said Obaid Al Salami, General Manager, Dubai Investments Real Estate.
The commercial offerings within Al Multaqa Avenue are designed to offer convenient experiences for residents, shoppers and businesspeople. More than 37 open retail spaces conveniently spread within both residential and commercial properties will launch at the avenue, designed to provide shoppers a one-stop destination for all their needs. The exclusive collection of retail shops combined with fine-dining outlets and cafes, make Al Multaqa a unique destination.
The residential buildings within the Al Multaqa Avenue are designed to accommodate more than 279 residential units in a mix of studio and one-bedroom apartments.
The 63,000 sq.ft of freehold office spaces, marking another first in Mirdif, are located within the Al Multaqa Avenue and are designed to cater to the needs of the business community that are seeking ideal office spaces set within a mixed-used development.