The Retail at Marina Gate

The Retail at Marina Gate

Designed to offer a seamless shopping experience across Marina Gate when complete, the project consists of over 135,000 ft² of prime retail space over the ground, mezzanine and first floors.

Intended to capitalise on heavy footfall in the immediate vicinity, Marina Gate is home to Dubai Marina’s most popular convenience retail, service and dining experiences including brands like The Nail Spa, Bristol, Exclusive Links, 5a Sec, The Coffee Club, Bin Sina Pharmacy, Blends, Gifto’s, The Acai Spot, First Person Ladies Salon and King’s College Hospital London Medical Centre as anchor tenants in Marina Gate I. Carrefour has been signed for Marina Gate II.

With ample parking, multiple public transportation options and a carefully assessed tenant mix that includes a minimarket, polyclinic, personal care outlets and a plethora of marina view dining options, Marina Gate is set to become one of the most frequented destinations within Dubai Marina.

The Development

Marking the Northern entrance to the towering Dubai Marina community, The Residences at Marina Gate is a three tower development located on one of the last remaining waterfront plots in Dubai Marina. With a combined GDV of 4 billion dirhams, the development has a total built up area of 3.8 million ft².

Marina Gate I

The first tower in the development `Marina Gate I’ was launched by Select Group in Q1, 2014 and received an overwhelming response from investors. With a built-up area of 1,139,500 ft² and spread over 51 floors, the development features 399 residential units. Construction began the same year and completed in Q1, 2018. Residents have now moved into the apartments.

Marina Gate II

Marina Gate II, the second tower in the development was launched in Q4,2014 and is scheduled for completion in Q2, 2019. Occupying the central location in the development, the tower features 535 residential units and is spread over 64 floors. The building has topped out and cladding works are currently ongoing.

Jumeirah Living Marina Gate

Jumeirah GroupTM will bring its luxury hospitality experience to the third and final tower within the Marina Gate development under its Jumeirah Living brand. The design-led luxurious living destination will include 104 serviced apartments, 389 branded residences and 15 villas. The first phase of Jumeirah Living Marina Gate was launched in Q1, 2017 to an incredible response. Construction progresses on schedule for this development and the next phase is anticipated to be launched by Q4,2018.

LOCATION

Undisputedly one of Dubai’s premier residential & hospitality districts, Dubai Marina comprises 50 million square feet of Gross Floor Area around a central canal that spans 3.5 kilometres and has direct sea access at either end. The combination of yachts, moored in front of world class, luxury high-rise towers and bustling dining, entertainment and leisure venues easily accessible by 7 kilometres of pedestrian walkways, has proven irresistible to residents and tourists alike.

FACILITIES

Designed to allow maximal flexibility for retailers, each unit has access to a grease trap (private or centralised), water, chilled water, electricity and gas provisions with distinct sub-meters.

The minimarket has a designated loading bay, with the other retailers sharing facilities.

Five, 18-person capacity communal lifts and three monumental staircases across the project service the upper levels, ensuring convenient access routes for customers.

Common area services include disabled access, security room and staff facilities. Ample parking with multiple routes of access to retail areas.

DEMOGRAPHIC CHARACTERISTICS

Residents

  • High percentage of expatriate customers
  • Majority between ages of 25 and 44
  • Strong purchasing power
  • Aspirational shoppers

Tourists

  • Significant number of neighbouring hotels drive high tourist footfall
  • High levels of disposable income, geared towards dining concepts
  • Predominantly European / Regional travellers with their families

SUGGESTED MARKET REQUIREMENTS

  • Convenience retail necessitated by high density location and few alternative options.
  • Quick serve restaurants and casual dining concepts to capitalise on the high footfall and marina facing views the location provides.
  • Destination entertainment and lifestyle activities (fitness centre / yoga studio, tour operator / yacht broker, nursery, children’s soft play area) that cater to latent demand from residents and tourists alike.

Floor Plans


Location

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