The Retail At The Hive

The Retail At The Hive

Located at Dubai Studio City, The Hive is a low rise development spread over nine levels comprising two blocks. The development comprises 200 residential units with a shared podium, eight retail shops, a large gym, a communal lounge and a rooftop pool.

The majority of the apartments have been leased by InterContinental Dubai Marina for their executive staff accommodation requirements. The remaining apartments are leased to corporate occupiers.

STUDIO CITY

Studio City is part of Dubai Media City. The community has been designed to cater to the production needs of the region and has plans to build movie studios and sound stage back lots for production. Dubai Studio City will accommodate the growth in the region’s broadcasting sector.

Dubai Studio City is very well located, adjacent to Motor City and opposite the Arabian Ranches, communities that are very well regarded by expatriates and are almost fully occupied.

Located in close proximity to major arterial roads, the site is at a twenty minute drive from Dubai Marina.

Amenities in the immediate vicinity include gyms, restaurants and shopping malls. Planned developments currently under construction, ahead of Expo 2020 will further reinforce the location and community feel.

PRIMARY CATCHMENT AREA

  • 145,000 residential household population by 2020
  • 47,000 households by 2020
  • Arabian Ranches, Motor City, Dubai Sport City, Mudon, Damac Hills,Reem (incl Mira and Mira Oasis), Nshama Town Square, Akoya Oxygen, Serena, The Sustainable City, Al Waha, Layan, Falcon City, The Villa, Villanova, Liwan, Remraam, Al Barari, Living Legends, Majan

DEMOGRAPHIC CHARACTERISTICS

  • Over 200,000 fast growing residents living within 5 to 15 minutes of drive
  • Majority between ages of 25 - 35
  • Aspirational shoppers

SUGGESTED MARKET REQUIREMENTS

  • Convenience retail (minimarket, tailor, dry cleaner, nail spa, salon) necessitated by high density location and few alternatives
  • Quick serve restaurants and casual dining concepts to capitalise on the high footfall the location provides

Floor Plans


Location

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