Time Out, the global entertainment, and entertainment company announced today that it has signed a management agreement with Emaar Properties, a subsidiary of Emaar, to open the latest Time Out Market in one of Dubai’s most attractive destinations.
These are the three management agreements signed by the Time Out Market brand as part of its global expansion plans for its new concept of food markets of a distinctive cultural nature.
“Time Out Dubai” will be launched within Souk Al Bahar, a unique Arabian shopping and entertainment destination in the heart of Downtown Dubai, with a vital location next to Burj Lake, near Burj Khalifa and Dubai Mall, One of the finest destinations in the region and attracts millions of visitors each year.
Visitors to Time Out Dubai can explore 16 of the most famous chefs, famous restaurants and three of the city’s finest social galleries and cultural experiences, and the options will be carefully tailored to represent the best of the city. Time Out Dubai is expected to open by the end of 2020, covering an area of 30,000 square feet and a capacity of about 670 seats.
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Expansion Plans
Timeout has been a strong presence in Dubai since its launch in 2001 with ITP Media as one of Time Out’s global franchises.
Julio Bruno, CEO of Time Out Group, said: “We are pleased to have signed our three management agreements with Emaar Properties to open Time Out Dubai, in line with our ambitious expansion and development plans.
Time Out Dubai will be our first destination outside Europe and North America, and we plan to open new destinations in new cities, reflecting the strength of our brand and the interest of major global real estate developers.
“Time Out was launched in Dubai in 2001 and has succeeded in leaving a distinctive footprint and a leading position in Dubai, which is among the most attractive business and tourism centers in the world. The city’s residents and visitors rely on Timeout’s digital and print content to explore what’s new and unique in Dubai.
A unique addition
“The opening of the region’s first Time Out Market destinations within Souk Al Bahar will further enrich the dining options available to residents and visitors of Downtown Dubai,” said Patrick Bosque-Chavan, CEO, Emaar Malls.
This carefully crafted experience marks a new dimension to the city’s sector and is a unique addition to the range of luxury options in the waterfront area adjacent to Dubai Mall and Souq Al Bahar. We are always committed to offering new and innovative entertainment options in collaboration with key international partners such as Time Out.
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An exceptional location
“We are pleased to open Time Out Market in Dubai with Emaar Malls and Souk Al Bahar, which is designed with its aesthetic design and an exceptional location close to the Burj Khalifa and the fountain,” said Didier Souillat, CEO of Time Out Market. Dubai and Dubai Mall, all of which attract millions of visitors each year.
At the same time, Dubai is one of the most important destinations in the world of travel and dining, which is evident in a large number of excellent restaurants and the presence of prominent elite of the world’s top chefs, increasing the interest of people to visit Dubai and explore the wonderful experiences. We look forward to the selection of chefs and cultural talent to enrich the Time Out Market Dubai, which we believe will be a unique addition to the destinations of everyone in this part of the city.
Polarization
The first Time Out Market was opened in Lisbon in 2014 to bring together the best of the city, including the best chefs and cultural experiences, based on editors’ ratings.
The store attracted 3.9 million visitors in 2018, maintaining its position among the most popular destinations in Portugal. The group plans to open 8 new locations, including 5 destinations for Time Out Market, to be opened this year in Miami, New York, Boston, Chicago, and Montreal, then Dubai in 2022, London and Waterloo in 2021 and Prague in 2022. Of the group.
