Ajman’s Mirkaaz Mall: A Game Changer for Northern Emirates
Posted on October 22, 2025 | By the LG Content Team
In a groundbreaking initiative that promises to reshape both the economic and cultural landscape of Ajman, a significant partnership has emerged between key stakeholders in the region. His Highness Sheikh Abdul Aziz Bin Humaid Al Nuaimi, Chairman of the Ajman Land Department and the Ajman Tourism Development Department, alongside LuLu International Holdings Limited and Mulk International, have signed a Memorandum of Understanding (MoU) aimed at developing Mirkaaz Mall, a state-of-the-art retail destination located at the heart of T10 Mirkaaz City.
During a recent session at the Middle East Council of Shopping Centres and Retailers (MECSR) event, this ambitious collaboration was officially established, heralding the creation of a 2.5 million square-foot mixed-use Freezone and Freehold development—the first of its kind in the Northern Emirates. This endeavor signifies a vital step toward transforming Ajman into a vibrant hub for both commerce and community living.
A Landmark Agreement
This partnership includes a pivotal agreement that designates Line Investments & Property LLC—the shopping-mall division of LuLu International Holdings—as the operational overseer of Mirkaaz Mall. This extensive retail space will encompass 400,000 square feet and is engineered not only to meet the shopping needs of residents but also to create an unparalleled entertainment experience. Mirkaaz Mall is poised to redefine the standards of retail excellence in Ajman, ultimately serving as a central component of the broader development plan for T10 Mirkaaz City.
The rebranding of the mall to Mirkaaz Mall by LuLu underscores the commitment of the involved parties to elevate the shopping experience through strategic management. This collaboration lays the groundwork for enhanced operational frameworks that will ensure efficient leasing processes and robust marketing strategies. Key enhancements will include optimizing the tenant mix and innovating customer engagement strategies, all of which are aligned with the high standards established by Line Investments.
“Ajman is stepping into a new era of growth with Mirkaaz Mall and the surrounding mixed-use development,” remarked His Highness Sheikh Abdul Aziz Bin Humaid Al Nuaimi during the MoU signing. “Our partnership with LuLu Group, widely regarded as one of the most respected names in retail, ensures that this project will elevate both community living and retail standards in Ajman.”
Fostering Vibrant Communities
The vision behind Mirkaaz Mall extends beyond commerce to fostering community spirit and engagement. Ananth AV, Chief Operating Officer and Director of LuLu International Holdings, emphasized the mall’s role in creating vibrant community spaces that not only attract regional and global investments but also serve the long-term aspirations of the UAE for sustainable development and inclusive prosperity.
“This project will reflect our commitment to innovation and community, and we look forward to cultivating an environment that meets the needs of Ajman’s diverse population,” AV stated.
Nawab Shaji Ul Mulk, Founder and Chairman of Mulk International, expressed confidence in the partnership’s potential to unlock growth opportunities while reshaping the regional shopping experience. “With their proven expertise in mall management and strategic marketing, we are enthusiastic about the prospects that lie ahead,” he declared.
Economic and Cultural Implications
The introduction of Mirkaaz Mall is poised to yield significant economic benefits for Ajman and the Northern Emirates at large. Retail development of this scale is expected to stimulate job creation, attract foreign and local investment, and enhance the region’s overall economic resilience. Furthermore, by providing residents with a comprehensive shopping and lifestyle destination, the mall will contribute to a rising standard of living, resonating with the aspirations of the UAE’s diversified economy.
Community engagement will also play a key role in the functioning of Mirkaaz Mall. The design and operational strategies will focus on creating inclusive spaces that appeal to a wide demographic, from families to young professionals, thereby enhancing social interaction and community bonding.
As Ajman embarks on this transformative journey with the establishment of the Mirkaaz Mall, it stands as a testament to the potential of collaborative ventures in shaping the future economic landscape of the Emirates. This initiative exemplifies the balance of economic growth and community enrichment that is vital for the region’s sustained development.
Tags: #BusinessNews, #EconomyNews, #RealEstateNews, #UAE, #Ajman