The Outlet Village will offer retail high-end luxury brands at discounted prices. In addition, Meraas also announced the launch of ‘The Beach’ and ‘Island 2’. The Beach is a retail, food and beverage and entertainment destination that will take shape at the Jumeirah Beach Residence (JBR). ‘The Island 2’ is a mixed-use development designed as a high-end boutique resort featuring low rise apartment buildings and a marina.
Construction of the ‘Outlet Village’ is scheduled to begin in 2013, set to host a total of 160 top-tier outlet stores. Phase-one of the development will feature 100 high-end brands, while Phase-two will consist of 60 additional outlet stores.