Meydan One Mall: Dubai's Biggest Mall to launch in 2020

In the recent past, Dubai has become one of the most popular shopping destinations in the world. Currently, there is a wide variety of shopping complexes with others expected to be completed soon. The Meydan One Mall at Meydan One MBR City Dubai is an upcoming development that is expected to redefine the traditional retail sector.

According to the developer, big-box outlets are closing down due to low business. At the same time, ninety percent of millennial and Generation Z still shop at brick-and-mortar outlets. The Meydan One Mall will provide seamless experiences and personalised services to its revellers and residents. This will change Dubai’s retail and tourism landscape.

One of the most prominent features of the Meydan One Mall is the 1 kilometre ski slope. This will be the longest indoor ski stretch in the world surpassing the 400 metres ski stretch at the Mall of the Emirates. On top of that, sports lovers will also experience other water sporting activities such as water pools, etc.

The developers are aiming at making it a wholesome lifestyle destination instead of just a traditional mall. Also, the developers are regurgitating the same things that keep featuring in malls. For instance, fifteen percent of the mall will be secluded for pure entertainment. It will set a new pace for mix development in Dubai.

Next generation retailing

Since it is already sixty percent complete, the mall is expected to be opened by the end of 2019 or early 2020. Meydan One Mall is a next-generation mix development that is designed to cater for large, medium-sized and small retail outlets. The aim is to cater for a wide range of investors to serve all types of shoppers.

To cushion small and medium-sized retailers from long-term lease agreements, the developer will offer pop-up stores. Instead of starting from scratch, the developer will offer some spaces for leases that can last between three to six months. This will help to take away the burden of the initial capital expenditure.

This concept will particularly help to incubate home-grown brands and offer them a platform to compete in the market. It will also be applied to services and F&B outlets as well.

A different approach to landlord-tenants deals

The Meydan One Mall is one of the prominent off plan projects in Dubai and its management will change the way deals are made in the retail sector. Both the landlord and tenant will agree on the terms of the base rate which will be flexible with the market cycles. This new tenant-landlord relationship is meant to remove ambiguity that only benefits one party.