Dubai will now boast of the largest mall on earth to be named as ‘Mall of the World’ that will add further glitz to the already attractive emirate.
Mall of the World, which will be capable of receiving 80 million visitors annually, will present an attractive mix of international and regional brands. One of the biggest attractions at Mall of the World will be a park, expected be 30% bigger than Hyde Park of London.
With an aim to offer top-notch entertainment facilities, Mall of the World will be connected to a family entertainment centre to be developed in collaboration with Universal Studios International. Expected to attract six million visitors annually, the entertainment centre will be the largest in the region. Additionally, the mall will boast of 100 hotel facilities. With tourism in Dubai growing at a rapid pace – 13% annually – and likely to receive 90 million passengers at the Dubai airport within the next six years – the hotel will be equipped to accommodate large number visitors.
Setting new benchmarks in urban development in the region, the recently announced ‘Mohammed Bin Rashid City’ – that will house Mall of the World – by His Highness Sheikh Mohammed Bin Rashid Al Maktoum, vice president and prime minister of the UAE and ruler of Dubai, will offer world-class facilities. This large-scale project will be jointly undertaken by Dubai Holding, a conglomerate owned by the Dubai government, and real estate firm Emaar Properties. The development plans for the new city will be segregated along four lines – family tourism, retail, art galleries and a unique area providing an integrated environment for entrepreneurship and innovation in the region.
Located between Emirates Road, Al Khail Road and Sheikh Zayed Road, the Mohammed Bin Rashid City will be connected to Downtown Dubai and Business Bay through a crossing to be named as the ‘Cultural Crossing’, which will include art galleries, creating the largest area for arts in the region. In keeping with the emirate’s vision towards 2030 and to boost the UAE’s economy, this new city will play a pivotal role in placing Dubai as the capital of entrepreneurship, arts, culture and family tourism.
Watsons to open 20 new stores in the GCC
In 2020, global health & beauty retailer AS Watson Group signed its
April 29, 2024 | By Rupkatha BBeyond Trends: How Women-Led Elif’s UAE is Redefining Luxury Fashion
GMG and Frasers Group Sign 10-Year Retail Partnership to Launch Sports Direct in MENA
/ 
Lulu Retail, the GCC’s retail powerhouse, has reported a transformative FY 2024,
The Ministry of Industry and Advanced Technology (MoIAT) in cooperation with Lulu
What does it take to sustain profitable growth in the post-IPO phase?
Mahalle began its operations in 2022 as an “Authentic Turkish Grocery in
“Retail is a people’s business. When building a retail brand or the
From being one of the first retailers in Dubai to ban single-use
For starters, Rabbit is a growing e-commerce grocery platform in Egypt always
In 2024 grocery retail major Choithrams has achieved several milestones underscoring its
Industry pioneers are embracing a comprehensive strategy that integrates consumer insights, digital
The regional grocery retail market is evolving fast keeping pace with constantly
/ 
The Point represents a strategic partnership between the Red Sea Markets For
Azad Properties, a leading real estate developer in Saudi Arabia, has signed a Memorandum of Understanding (MoU) with the National Housing Company (NHC).
In an era where digital transformation is pivotal, shopping malls are not
This panel discussion at MRF 2024 explored the evolution of retail spaces,
An exclusive piece contributed By Oliver Morgan, Partner, Real Estate Development &
In the bustling retail environments, where shopping malls are not just places
In today’s fast-paced retail environment, shopping malls are continually searching for innovative
Times Square Center, located in the vibrant heart of Dubai, stands as
Emaar Properties has announced a mega expansion of Dubai Mall, which will
Previous Article
