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Marassi Galleria

Marassi Galleria, strategically set within Marassi Al Bahrain on an area of 230,000 m2, will house some of the world’s top retailers. It is envisioned as a premiere mid-to-high end mall with retail areas extending and merging directly with beachfront recreational activities. The mall is a key anchor within the Marassi Al Bahrain master plan.



DESIGNED TO IMPRESS AND DELIGHT

Marassi Galleria is intended to set a new benchmark in retail experience in Bahrain and the region. It is going to be developed into a unique retail shopping destination in Marassi Al Bahrain, envisioned as a premiere mid-highend ‘lifestyle’ shopping mall with retail areas extending and merging directly with a leisure and recreational activities located on the beach front. The Mall is anticipated to be the centre piece to define the development and act as a key anchor within the Marassi Al Bahrain master plan.

The mall provides the main entertainment destination in the master plan and through a variety of spaces both internal and external it engages with the beach and the adjacent Souk.



CONTACT US

Marassi Al Bahrain Sales Centre,
Diyar Al Muharraq, Manama, Bahrain.
leasing.bahrain@eaglehills.com
Telephone: +973 7 7890 020 (Toll Free: 800 98888)

Marassi Galleria has it all

Marassi Galleria, will host five interconnected lifestyle urban districts, each with a theme tailored to a specific customer: the high-street, the Family Plaza, a Waterfront Dining Promenade, an animated rooftop and The Luxury Courtyard.

  • The High-street will offer a unique retail experience, integrating F&B concepts with street performance and other bespoke activities.
  • The Family Plaza will feature a kid’s park, with play zones for children to safely explore while their parents watch from nearby cafés.
  • A Waterfront Dining Promenade, stretching between The Address Marassi Al Bahrain and the Vida Marassi Al Bahrain hotels will feature destination restaurants and cafés, as well as a picturesque walkway along the sandy beach.
  • Marassi Galleria’s rooftop will host an activation area for outdoor events, where visitors can enjoy a panoramic view of the beach and city nearby.
  • The Luxury Courtyard will provide a high-end shopping and dining experience complete with exclusive facilities such as dedicated valet parking, a drop-off zone, direct access to The Address Marassi Al Bahrain hotel and more.

GDP growth of between 2.1% and 8.3% in the last decade

Bahrain’s retail sector continues to grow both in the destination and community mall segments, with increasingly sophisticated consumers demanding innovation in retail offerings. The country represents a strong investment opportunity both for international retailers looking for new entry points, and existing retailers looking to expand their footprint.

Bahrain’s economy is expected to increase at a strong rate and reach USD 46bn (BHD 17.3bn) by 2019, with this high economic growth meaning that the average Bahraini is reasonably wealthy with per capita income of USD10,542 (BHD 4,000) in 2015. Levels of disposable income remain strong despite the recent decline in oil price, therefore new retail offerings are expected to be well received.

The country’s climate promotes a healthy mall culture, with consumers demanding a variety of shopping, food, entertainment and cultural activities all under one roof; a need which Marassi Galleria will fulfill.

Bahrain’s Retail Market

  • Bahrain’s strategic location and world class regulatory framework makes it the ideal location for conducting business.
  • Saudi Arabia, the Gulf’s largest economy and the world’s largest oil producer, is less than an hour’s drive away via the King Fahad Causeway, while multiple daily flights connect Bahrain to major GCC cities such as Dubai, Abu Dhabi, Riyadh, and Doha.
  • Bahrain, ranked by the World Economic Forum as the world’s number one most favourable tax regime, imposes no corporate income tax, no personal income tax, and no wealth tax on capital gains.
  • 100 percent foreign ownership of businesses is permitted, as is free repatriation of capital.
  • Doing business in Bahrain is cost effective. Rent and utilities cost about 40 percent less than in Doha or Dubai (KPMG), and wages are highly competitive due to lower living costs.
  • Bahrain’s young, bilingual workforce is skilled and educated, with a literacy rate of 94.6 percent.
  • Semi-governmental organisation, Tamkeen supports businesses and human resources development in all sectors, providing salary subsidies and training for local employees.

Bahrain’s Tourism

More than 4 million tourists visit Bahrain each year, mostly from the GCC, but also from outside the region.

One of Bahrain’s star attractions, which draws a stream of loyal supporters, is the Formula One race in April at the Bahrain International Circuit. The annual Spring of Culture festival sees international award-winning artists visit the island and draws crowds of all backgrounds to the beautiful Arad Fort, Bahrain National Theatre and adjacent Bahrain National Museum, both of which are attractions in themselves due to their unique architecture.

Other attractions include diving, indoor skydiving and water sports, cultural sites, and excellent shopping, dining, and nightlife, plus meandering traditional Bahraini houses which have been given UNESCO World Heritage site status. Tourists come to enjoy Bahrain’s sunny weather and relaxed and friendly atmosphere, which is the most liberal in the region.

CONTACT US

Marassi Al Bahrain Sales Centre,
Diyar Al Muharraq, Manama, Bahrain.
Telephone: +973 7 7890 020 (Toll Free: 800 98888)



THE HEART OF THE GULF

A roughly 400-km radius around Bahrain covers three of GCC capitals: Riyadh, Kuwait City, and Doha. The tri-city area of Dammam, al Khobar, and Dhahran is all within an easy commuting distance. The industrial city of Jubail is just over 150 km away while the Eastern Province is within a driving distance.