Union Coop is looking forward to expand its presence further in the emirate of Dubai with the new project worth AED 40 Million Approx.
Dubai, United Arab Emirates, June 17, 2020:
Union Coop, the largest consumer cooperative in the UAE through its ‘Investment Division’ has revealed that the completion rate of its commercial center project in the Al-Bada'a area has reached about 20%, and the implementation of this project comes from Union Coop’s endeavor to achieve one of its most important strategic goals, which is the strategic expansion and increasing its outreach to serve the members of society and shareholders, and contribute to obtaining a unique shopping experience. Union Coop plans to achieve this objective in general by deploying branches with international level specifications that allow shoppers to enjoy a unique shopping experience while raising the strategic inventory stock of the emirate in particular and the country in general by 7%.
Commenting on the project, H.E. Khalid Humaid Bin Diban Al Falasi, CEO of Union Coop said: “Union Coop is continuing with its plans to support rapid expansion and proliferation, to achieve the highest levels of benefits for the shareholders and provide the best offers for products at competitive prices for the members of the community,” noting that Union Coop plans to expand to other emirates such as Abu Dhabi, Al Ain and the Northern Emirates as well in the coming years.
Al Falasi further added: “While implementing the Al Bada'a project, we focused on applying the cutting-edge construction standards in the sustainability of the international standards,” explaining that the project located in the Al Bada'a area of Dubai, with a direct view of Al Wasl road, is a two-story commercial center with basement, and ground and first floors, cost AED 40 Million and 39 thousand, covering with a buildup area of 105,970 Sq.ft. providing 61 parking spaces in both basement and ground floors. The Union Coop's Supermarket is located in the first floor on an area of 25,484 sq. ft. / 2367 Sq. M. The completion of the project is expected to be in January 2021.