DESIGNED FOR THE INDUSTRY

Store units at the Textile Mall are purpose-built for the textile, apparel and wholesale industry. The majority (90%) of single units are 480 sqft, and the remainder range from 357 sqft to 4,272 sqft. All units comprise a sales area and a unique mezzanine level for an office or additional storage. Store units at Textile Mall can be as big as your business needs to be. Individual units can be combined with adjacent units to form larger stores, based on availability.

Units are fully customizable and come in a ‘shell and core’ state:

  • Blockwork walls
  • Concrete floors
  • Electrical connections
  • Fire-fighting system
  • Spiral staircase to the mezzanine floor
  • A/C units (tenants must install their own A/C ducting)
  • 1 parking space per unit

LEASE TERMS

There are two preliminary steps to leasing in Textile Mall: a Reservation Agreement followed by a Prelease/Lease Agreement. Tenants may reserve an unlimited number of units when submitting a Reservation Agreement with a 10% deposit and valid identification.

LEASE AGREEMENT TERMS INCLUDE, BUT ARE NOT LIMITED TO:

  • 35-year fixed-price lease valid under the laws of the Emirate of Dubai and the UAE Federal Government
  • Tenants can benefit from a Free Zone Enterprise (FZE) trade license
  • A set payment schedule of installments
  • Installments are due before the completion of the mall’s construction
  • Financing is available for Textile Mall tenants through our bank partners

SUB-LEASING AND LEASE TRANSFERS

Both sub-leasing and lease transfers are allowed without charges or fees from Textile Mall, subject to approval from Textile Mall management and provided the following conditions and requirements are met:

  • Lease transfers are permitted after the Textile Mall is fully leased
  • If a lease transfer is required by the tenant before construction is complete, all payments except the final handover payment must have been made
  • Tenants must assume all legal commitments in the case of either sub-leasing or lease transfers, including payment of any applicable transfers and registration costs to the relevant authorities

DOCUMENTS REQUIRED TO LEASE

If leasing as a company
(original & 1 copy):

  • Company trade license
  • Company stamp
  • Emirates ID / passport of company signatory
  • Company checkbook

If leasing as an individual
(original & 1 copy):

  • Emirates ID / passport
  • Checkbook

If leasing on behalf of companies or individuals
(original & 1 copy):

  • Power of attorney granting representative the authority to lease on behalf of the company or individual
  • Emirates ID / passport of representative

ENQUIRE TODAY