Mashreq and Al Hilal Bank: one card fits allJuly 29, 2015 3:08
World’s largest mall to get bigger
Overall expansion will bring in other high-end lifestyle and entertainment brands to The Dubai Mall.
June 9, 2013 11:53 by kippreport
In preparation to welcome roughly 100 million annual visitors, The Dubai Mall – currently the world’s largest retail complex – is set to become even bigger.
Having reportedly attracted roughly 65 million visitors in 2012 (more than New York’s annual 52 million), the mall will soon undergo a massive expansion – starting with the first phase of expanding by 1 million square feet.
The fashion portfolio of the mall will be further strengthened, enhancing the city’s high-end retail offerings.
Mohamed Alabbar, chairman of Emaar Properties, the Dubai-based developer behind the expansion, says along with enhancing the city’s focus on offering high-end retail and leisure attractions, the expansion project also complements Dubai’s new Tourism Vision 2020 announced by His Highness Sheikh Mohammed Bin Rashid Al Maktoum, UAE Vice President and Ruler of Dubai.
“Our strategy to create compelling new retail and lifestyle experiences also supports the city’s growth outlook of further strengthening its core economic sectors, including retail, tourism and hospitality. The current expansion will redefine Dubai’s retail sector, cementing its reputation as a global hub for the latest in fashion,” he said.
Having welcomed a record 20 million visitors in the first three months of the year, the highest so far during a three-month period, the expansion of The Dubai Mall will further underline its global standing as the world’s most visited shopping and lifestyle destination.
The expansion will add to the choice of residential, commercial and hospitality components.
Residents and visitors will have direct access to the retail and leisure choices on Mohammed Bin Rashid Boulevard, billed to be one of the world’s most prestigious boulevards offering luxury retail and dining options.