MAIR Group is set to revamp the area surrounding the Mohammed Bin Zayed (MBZ) Stadium into a vibrant commercial destination, a move that promises to enhance the cultural and economic landscape of Abu Dhabi. This initiative will not only solidify MAIR Group’s presence in the UAE’s grocery retail and commercial real estate sectors but will also provide valuable entertainment and lifestyle options for residents and visitors alike. Through a strategic partnership with Al Jazira Sports Club, MAIR Group aims to develop an expansive 80,000 square meters of land, creating an integrated space that prioritizes community well-being and engagement.
Al Jazira Sports Club, founded in 1974 and a renowned three-time champion of the UAE Pro League, is recognized as one of the largest and most successful sports clubs in the nation. The collaboration with MAIR Group marks a significant milestone in the club’s ongoing mission to expand its impact and reach within the community, as highlighted in a statement from the club.
According to the terms outlined in the Memorandum of Understanding (MoU), ‘Makani Real Estate’, MAIR Group’s real estate division, will orchestrate the long-term transformation of the designated land into a comprehensive commercial center. This center will focus on entertainment, personal and healthcare services, all while promoting a healthy lifestyle to the broader public.
MAIR Group’s Vision for a Commercial Hub
Jamal Saeed Al Nuaimi, CEO of Al Jazira Club Group, expressed enthusiasm about this partnership, stating, “We always strive to make Al Jazira Club and Mohammed Bin Zayed Stadium an attractive entertainment and sports destination for residents and visitors of Abu Dhabi. Collaborating with MAIR Group, a leader in this field, will take us to new heights and enhance the club’s previous successes in positively engaging with the community and serving it effectively.”
Al Nuaimi added, “We always welcome joint collaborations with leading local companies, and we are very pleased to have MAIR Group join the club’s family of partners. We look forward to a sustainable joint collaboration that will contribute to achieving the ambitious goals of both parties and meet the aspirations and needs of the diverse community in Abu Dhabi.”
A Commitment to Community and Sustainability
Nehayan Hamad Alameri, Managing Director and CEO of MAIR Group, shared his insights on this collaborative venture. “We take great pride in our partnership with Al Jazira Club, which marks a milestone in building long-term, fruitful collaboration and advancing shared goals,” he said. “This vision comes to life through the development of a dynamic landmark destination that fosters community engagement and enriches Abu Dhabi’s urban landscape.”
Alameri elaborated that this initiative represents a significant step in Makani Real Estate’s strategic expansion, reinforcing MAIR Group’s diverse portfolio. “The union of our proven expertise in retail and commercial real estate with Al Jazira’s distinguished heritage stands as a clear testament to the strength and lasting value of this partnership,” he concluded.
The transformation of the MBZ Stadium area into a commercial destination by MAIR Group promises to create a thriving ecosystem that not only meets the needs of the community but also supports sustainable economic growth in the region.