Al Taif Investment, a joint venture between Dubai Investments and Fujairah Investment Establishment (FIE) has announced new business updates for Al Taif Business Centre, its flagship project in Fujairah. Al Taif Mall is almost 50 percent leased with Al Taif Business Centre getting ready to open its business and leisure facilities by the end of 2022.
The shopping mall, situated between Al Taif Business Centre’s 19-story Hotel & Residential and Office Tower is spread across both the towers and has 45 retail outlets.
Earlier in 2022, Al Taif Investment signed a contract with Hilton to open Double Tree by Hilton in Al Taif Business Centre with 228 guest rooms, a ballroom and a wide selection of restaurants and other amenities. The hotel is also gearing up to open doors by the end of this year, providing residents, visitors and tourists a perfect venue for business and leisure.
The residential apartments within Al Taif Business Centre are also more than 60 percent leased out and residents have already started moving in.
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