Business & Finance Club Magazine - Real Estate - Dubai: Residents at Dubai Investments Park (DIP), the largest integrated business and residential community in the Middle East, can now enjoy an exciting one-stop shopping experience closer to home with the opening of a sprawling new hypermarket at the Park.
Spread over 100,000 square feet, the new Ramla Hypermarket - owned and operated by the Abu Dhabi-based Ramla Group - is the largest hypermarket in Dubai Investments Park, and marks yet another step in the DIP management’s ongoing efforts to provide better facilities and an improved quality of life for the Park’s residents.
“The opening of the new hypermarket furthers our efforts to provide wide-ranging facilities that will serve DIP residents’ everyday needs and beyond,” said Omar Al Mesmar, General Manager of Dubai Investments Park.
“DIP is today one of the largest residential communities in Dubai, with a population of approximately 200,000. As demand for housing at DIP continues to climb, there arises a corresponding need to provide the necessary facilities and services that will allow the Park’s burgeoning residential community to lead a comfortable lifestyle,” Al Mesmar added.
Rizab Abdulla, Executive Director of Ramla Group, said, “DIP provides us access to a sizeable pre-existing consumer audience, making it an ideal location for our new hypermarket. There are about 18,000 apartments in DIP to accommodate middle-income families, while the specialized staff zone within the Park accommodates over 150,000 blue-collar workers. Further, high-income families are residing just 3 km from our hypermarket in the Green Community.”
The new hypermarket covers 40,000 square feet of food section and 60,000 square feet of department store, with nearly 50% of the department store area earmarked for garments section.
Dubai Investments Park, a wholly-owned subsidiary of Dubai Investments, is the largest integrated business and residential community in the Middle East. Spread across an area of 24 million square meters, the Park is a self-sustaining city within a city consisting of specially developed industrial, commercial, and residential zones. |