Dubai To Build The World’s Largest Mall, Again

Dubai To Build The World’s Largest Mall, Again
Culture
Like Us On Facebook
Like Us On Facebook

Dubai on Saturday announced a new development to open the world’s biggest mall and a park larger than London’s Hyde Park.

The ruler of the Gulf desert city state, Sheikh Mohammed bin Rashid al-Maktoum, announced the plan for a “new city within Dubai,” according to an official statement, naming it after himself.

No cost was stated for “Mohammed bin Rashid City,” to be carried out by his Dubai Holding and the publicly-listed Emaar Properties, which developed many of Dubai’s prestigious projects, including Burj Khalifa, the world’s tallest tower.

The plan also features new residential areas, although the emirate continues to have a surplus of units built during a five-year bubble which burst in 2009.

The “Mall of the World” will have a capacity of 80 million visitors a year to become the “largest in the world,” while its park will be “30% bigger than Hyde Park of London.”

The mall will be connected to a family entertainment centre to be developed in cooperation with Universal Studios International that will be the largest in the region, aiming to attract six million visitors a year.

The emirate already has countless malls and hotels, including the Dubai Mall, touted as the world’s largest shopping, leisure and entertainment destination, with 62 million visitors this year.

“The current facilities available in Dubai need to be scaled up in line with the future ambitions for the city,” Sheikh Mohammed said in the statement.

Dubai’s tourism is growing by 13% a year with hotel occupancy hitting 82% in 2011 while hotel revenues grew 22 percent last year, exceeding $4.4 billion.

Preston Waters | Elite. 

Share Tweet
React
Like Us On Facebook
Like Us On Facebook

Preston Waters

Preston Waters is a thinker. He's not your traditional philosophical persona, however, as he leaves no topic untouched. Covering all the bases, from business to women, Preston Waters is the ultimate man's man for Gen-Y.

More In Culture

Life Nikki Vargas

11 Life-Saving Travel Hacks For Females Traveling Solo

When I landed in Buenos Aires in August, the reality of being alone in a new country was still dawning on me. There wouldn’t be a welcoming party at the arrivals terminal, there wouldn’t be a companion to watch my bags if I needed to run to the restroom, and there wouldn’t be a gaggle […]

Life Zoe Zorka

7 Reasons Why All 20-Something Guys Need That One Best Girl Friend

The dating world can be just as difficult to navigate for guys as it is for girls. Sometimes, a guy needs a girl to center him, unconditionally love him and prevent him from going home with a toothless, middle-aged dental assistant — all without sleeping with her. Studies have shown that girls are more organized […]

Also On Elite

Dating

Why Fighting With Love Is The Key To Better Understanding Your Partner

A few years back, I encountered a couple that fought almost every week. There was always an issue, a concern or a mistake that brought them to the verge of aggression. Evidently, it was difficult for them to practice patience and yet, despite all of the anger that seemed to rise in a seven-day interval, […]

Women

How Going On 7 Dates In 7 Days Taught Me More About Dating Than Any Magazine

Attending a state school with over 40,000 people has its perks. You’ll always meet new people, go to big parties and have a huge group of friends. The girls are beautiful, and the guys are hot. What more can you ask for? Well, everything that glitters isn’t always gold. Always meeting new people makes people […]

Sports

Nobody Is Surprised Floyd Mayweather Claims The NFL Was Too Hard On Ray Rice

It was only a matter of time before Floyd Mayweather Jr. sounded off on the whole Ray Rice controversy. He’s no stranger to accusations of domestic abuse himself. He went to jail in 2012 for attacking his ex-girlfriend as their children watched. However, as usual, Mayweather chose to open his big mouth and give his […]