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 Jessica Semaan

I Am The Girl Who Married Myself And I Have A Pretty Good Reason Why

“Jessica, you may be addicted to love,” said my therapist on a gloomy San Francisco afternoon, interrupting my sobbing over another heartbreak. “Wait, you mean with that Florence and The Machine song?” I laughed nervously, staring at the knockoff Persian carpet, looking to escape in its dense garden. My therapist gently assured me: You are seeking the […]

Life Ashley Fern

14 Snapchats That Perfectly Describe How Terrible Mondays Are

Mondays are universally the most detested day of the entire week. If you really think about it though, Tuesdays are much, much worse. But it seems Mondays are the days everyone chooses to complain about — and with good reason. The weekend is over and another cycle of office life has begun yet again. You […]

Life Paul Hudson

12 Things A Man Can Do To Help Empower His Career-Oriented Woman

Women are not equals. Or at least, the world doesn’t treat them as such. Setting aside the horrible practices in many countries across the world of suppressing women and forcing them to remain submissive slaves to their male counterparts, things in more “progressive” countries are only incrementally better. Even in a country like the United States, […]

Life Laura Argintar

Your Halloween On Instagram Vs In Real Life: The Difference Is Spooky

Halloween is an extremely fun holiday, but it’s not without room for error. Between smudgy makeup, tricky costumes and haunted houses, the Halloween night we glorify on social media rarely resembles what actually happens on All Hallows’ Eve. Our pictures are usually uploaded in the beginning of the night because what happens later on can’t […]

Life Alex Schnee

5 Reasons Why I’ll Never Live In New York City Again

 There’s something magical about seeing New York City for the first time in your life. Maybe you’re like me and had a childhood dream to someday live there, amongst the lights and the people. But, after running away from my quiet Montana town to New York, I ended up facing a whole new set of […]

Also On Elite

World

University Of Alabama Dorm Put On Lockdown After Threatening Social Media Post

A University of Alabama dorm was put on lockdown for about an hour last night due to a social media post threatening a mass shooting. Police locked down the all-girl Tutwiler dormitory around 11 pm on Sunday and searched the building, but found no weapons or suspicious characters. Residents were not allowed to leave or enter the […]

World

UN Confirms ISIS Killed 5,000 Yazidi Men And Made 7,000 Women Sex Slaves

United Nations researchers have determined that more than 5,000 Iraqi Yazidis were murdered by the Islamic State and thousands of Yazidi women were sold as sex slaves. These murders and detainments took place last August when the militants invaded the minority group’s villages. Thousands retreated to a mountain and were soon airlifted to safety by […]

World

Australian PM Says He Will Perform Violent Football Move On Putin

The Prime Minister of Australia has promised to confront Russian president Vladimir Putin for his role in the tragedy of Malaysia Airlines Flight MH17. According to the Sydney Morning Herald, Prime Minister Tony Abbot told reporters early Monday that, even though Putin did not want to kill 298 innocent people, he needs to allow an […]

Dating

Women Play The Same Game As Men: 7 Signs She’s Just Not That Into You

We are past the days of handing out numbers on napkins and leaving messages on answering machines with hopes of getting a call back. Today, a stranger’s number can be in the palm of your hand in an instance. So what if Mr. Right doesn’t call you back? Instead of watching your friend wait around […]