Dubai Properties Group unveils new retail offering

29/09/2011 - Dubai Property News Posted by Neil King
Dubai Properties Group unveils new retail offering

Dubai Properties Group has unveiled its new retail offering at Business Bay, an area it expects to become a hive of shopping and entertainment.In news that could interest Dubai property investors, the two-tier space will have restaurants and shops, as well as sporting facilities.Furthermore, the site is next to the central business district in downtown Dubai and adjacent to The Executive Towers residential block, ameinfo.com reports.Khalid Al Malik, group chief executive officer of Dubai Properties Group, is quoted by the news provider as saying it will cater for all visitors."We are focused on creating communities that provide a high quality environment for our residents and commercial partners," he explained."As Bay Avenue develops, it will become an integral part of the Business Bay community meeting the needs of residents and visitors alike." Meanwhile, the emirate is looking to increase its energy use from renewable sources over the coming years with a new solar power plant.