A leading Dubai based real estate developer, Fortune Group, announced yesterday that its high-end retail offering - The Corporate Mall, which is planned to be in the world’s tallest commercial tower, Burj Al Alam, Dubai, has drawn an extremely positive investor response from the ultra-luxury segment of the retail sector.

The group has already sold out 75% of the total 313,000 square feet of available retail space. The mall is not only a freehold facility but also has the distinction of being the only mall within Business Bay, a mere two weeks from the launch. The group has also retained some of the retail area for leasing out to anchor tenants.

The Corporate Mall was designed by the world-famous Japanese architects, Nikken and Sekkei. The state-of-the-art enclosure will cater exclusively to discerning corporate clients, featuring nothing but the most expensive ultra-luxury outlets, top-of-the-line regional and international brands including high-end fashion brands, sophisticated dining and entertainment experiences. Not restaurants – experiences, which is a completely different thing and far more sophisticated.  The mall will also house trendy coffee shops, a modern fitness centre and parking space for over 1000 cars.

The Fortune Group has already begun construction on Burj Al Alam and the project is slated for completion by 2011.

Nikken & Sekkei