Al Taif Business Centre ready to boost Fujairah’s mixed-use development appeal

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AED 470 million project is 95% complete with the offices and the mall works to be completed in Q1 2021

Dubai: Al Taif Business Centre, the new mixed-use landmark, is currently 95% complete with the final touches on the fit-outs progressing steadily and with the offices and the mall works to be completed in Q1 2021. Al Taif Investment is a joint venture between Dubai Investments and the Fujairah Investment Establishment (FIE). 

The AED 470 million project is located strategically within the town center in the Fujairah City adjacent to the Hamad Bin Abdulla street, granting easy connectivity across the city and the other emirates. The project is also located approximately 5 minutes from the Fujairah International Airport.

“Our foray into Fujairah with our flagship project Al Taif Business Centre was strategically planned to tap into the evolving needs of the emirate. With this project, we are not only boosting and promoting the appeal of Fujairah as a retail and entertainment destination, but also contributing to be part of an ambitious program as outlined by the government of Fujairah, aimed at implementing strong economic and social foundations, revitalizing the emirate”, said Khaled Bin Kalban, Vice Chairman and CEO, Dubai Investments. 

The project, spread across 2 towers of 19 floors each, comprises of the mall and the office tower and the hotel and hotel apartments tower. Al Taif Mall, the G+2 level shopping mall, is spread across both the towers and is equipped with the basement and a retail area comprising of 45 retail outlets including a supermarket in core and shell set-up, food outlets, restaurants with outdoor terrace facility and an addition of 12 stores located in the basement to be used by the retail tenants as a convenient and secured storage area. The mall is also equipped with retail parking spaces designed to accommodate over 670 vehicles. 

The office spaces, located from the 3rd floor onwards upto the 19th are designed to provide spaces in core and shell set-up, providing options for tailor-made offices to suit varied requirements. The tower accommodates a total of 19 office spaces. The works on the hotel and hotel apartment tower is also progressing steadily and will be ready for handover in Q2 2021.

-ENDS-

About Al Taif Investment:

Al Taif Investment is a joint venture between Dubai Investments – the leading diversified investments company listed on the Dubai Financial Market and Fujairah Investment Establishment (FIE), the investment arm of the Fujairah Government. Al Taif Investment is a diversified entity, operating across varied sectors. Al Taif Business Centre is Al Taif Investments flagship project in Fujairah. Al Taif Business Centre project is designed and developed to offer an ideal leisure and business destination in Fujairah and is carefully crafted to meet the evolving needs. Al Taif Business Centre project is counted among the projects that will set a benchmark in the Emirate’s planned urban development and will act as a catalyst, enhancing the emirate’s attractiveness as a fully equipped leisure and business destination. The project encompasses hospitality, residential, retail and office spaces.