MAIR Group announced that its commercial real estate arm, Makani Real Estate, will redevelop and expand Mall of Al Ain, marking the Group’s first major investment in the destination since acquiring it in 2024. The redevelopment is scheduled ahead of the mall’s 25th anniversary and is aimed at strengthening its position as one of Al Ain’s leading retail and lifestyle destinations.
The project will introduce major upgrades across the mall’s retail, dining, entertainment and public spaces, alongside the addition of hotel services to enhance the overall visitor experience.
Key highlights:
• Comprehensive redevelopment and expansion of Mall of Al Ain
• First major investment since MAIR acquired the mall in 2024
• Expansion to include new hotel services
• Complete transformation of the mall’s external façade
• Existing ice rink to be relocated and expanded to nearly three times its current size
• Construction scheduled to begin in Q4 2026
• Mall will remain fully operational throughout construction
The redevelopment will also include:
• Enhanced retail offerings
• Expanded food and beverage options
• Larger family entertainment facilities
• Improved accessibility and customer circulation
• Upgraded seating areas and lighting
• Modernised public spaces
According to MAIR Group, the project forms part of its broader strategy to enhance its commercial real estate portfolio, improve customer experience and create long-term value through Makani Real Estate. Upon completion, Mall of Al Ain will offer a more integrated mix of retail, dining, hospitality and entertainment experiences.
Source: MAIR Group
Disclaimer: This post is for informational purposes only and should not be considered investment or financial advice.