Dubai Mall Announces Major Expansion with AED 1.5 Billion Investment

Dubai Mall is poised for a significant expansion, as Emaar Properties has revealed plans to invest AED 1.5 billion to enhance the mall’s offerings. This development will introduce 240 new luxury retail stores and dining options, reinforcing the mall’s status as a leading global shopping destination.

Dubai Mall Announces Major Expansion with AED 1.5 Billion Investment
Credit: MENAFN

Currently, Dubai Mall spans over 1.2 million square meters and features more than 1 200 retail outlets, including renowned flagship stores like Galeries Lafayette and Bloomingdale’s. The mall also boasts over 200 international dining choices and various entertainment attractions, including the Dubai Aquarium and Underwater Zoo, an Olympic-sized ice rink, a 26-screen cinema, and the Zabeel Sports District. The upcoming expansion aims to build on these existing features by adding new luxury brands and diverse dining experiences for visitors.

Emaar Properties has already begun preparations on-site for the expansion, although they have not provided a specific completion date. This project reflects Dubai’s ambitious vision to maintain its leadership in global innovation and culture, further enhancing the city’s reputation as a prime international destination.

The expansion aligns with broader trends in the United Arab Emirates’ retail sector, which has experienced a 14% increase in retail spending, particularly in fashion, general retail, and leisure and entertainment. This growth underscores the enduring appeal of physical retail experiences in the region, despite global shifts toward online shopping.

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In addition to the Dubai Mall expansion, other significant retail projects are also in progress within the city. For example, Majid Al Futtaim has announced a $1.36 billion investment to expand the Mall of the Emirates, another key shopping hub in Dubai. These initiatives highlight the city’s commitment to improving its retail infrastructure and providing exceptional shopping experiences for both residents and tourists.

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