Al Majid Property Secures Major Lease Agreement with Xavier Business Center for Burj Nahar Mall, Achieving 100% Occupancy
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Al Majid Property, a leading real estate management and development firm, proudly announces the successful lease of the entire M2 floor of Burj Nahar Mall to Xavier Business Center, a renowned business hub operating across multiple locations in the UAE. The floor, spanning 81,000 square feet, has been leased for a period of eight years, marking a significant milestone for both the mall and Al Majid Property.
This lease agreement brings Burj Nahar Mall to full occupancy, cementing its status as a prime destination for businesses in Deira, one of Dubai’s most vibrant commercial areas. With Xavier Business Center as the latest prominent tenant, the mall further enhances its appeal, drawn to its strategic location and modern facilities. This new partnership strengthens Burj Nahar Mall’s position as a premier choice for companies looking to establish or expand their presence in the Deira district.
Mr. Ziyad Shahrouri, Chief Property Officer of Al Majid Property, expressed his excitement about the achievement:
“This long-term lease agreement represents a major step forward for both Burj Nahar Mall and Al Majid Property. Reaching 100% occupancy is a testament to our commitment to delivering high-quality commercial spaces in key locations. We are proud to partner with Xavier Business Center and look forward to supporting their continued success in the heart of Deira.”
Mr. Muhammad Aleem Khan, Founder & Managing Executive Director of Xavier Business Center, shared his thoughts on the new lease agreement:
“We are thrilled to establish Xavier Business Center in Burj Nahar Mall, which offers the ideal location and state-of-the-art facilities for us to provide our fully serviced office spaces and business solutions. This strategic partnership aligns with our vision to foster growth and support businesses of all sizes, from startups to established enterprises, in an accessible and prestigious location within Dubai.”
The conclusion of this significant leasing agreement reinforces Al Majid Property’s standing as a key player in Dubai’s dynamic real estate market. By consistently offering well-maintained, strategically located properties that meet the evolving needs of businesses, the company continues to build on its track record of excellence.
As a proud affiliate of the Juma Al Majid Holding Group, Al Majid Property remains committed to delivering value through strategic property management and innovative leasing solutions. The company’s ability to cultivate lasting partnerships with tenants is central to its mission of fostering long-term growth and sustainability across its portfolio.
