Aldar Properties announces $131m redevelopment of UAE’s Al-Jimi Mall, Al-Hamra Mall  

ABU DHABI: Aldar Properties announced on Tuesday an investment plan worth 500 million dirhams ($131 million) to redevelop two of its key retail portfolio assets in the UAE — Al-Jimi Mall and Al-Hamra Mall.  

It aims to raise the gross leasable area of Al-Jimi Mall by 20 percent to 91,000 sq. meters and to bring new retailers, international brands, and popular food concepts.

The mall will remain open to customers until the redevelopment is completed in 2025.