Design and aspects of the new mall project which will be constructed within Mohammed Bin Rashid City has been disclosed by its owner Dubai Holding.
The Mall of the World is said to feature the world’s humongous indoor funfair and theater area which can compete with the Broadway in New York and West End found in London.
According to the research of an international Property Consultation Company the standard taken by the region’s malls is diverging from simple shopping spaces to recreation hub in their own way manifested in Mall of the Emirate’s Ski Dubai and the Dubai Aquarium at Dubai Mall. This move will be necessary to catch the attention of more tourists under the government’s goal to attracting 20 million by 2020.
Furthermore, the Emirate can anticipate new malls and more than 1 million ft2 of space each to have its presence for the next two years, not to mention the current city-wide mall expansion programs like the new IMPZ mall, The Pointe mall and Nakheel Mall located at Palm Jumeirah. Through the efforts of authorities in meeting the annual visitor target, the current hotel and apartments group is also expected to grow predominantly.
The development of hotel pipeline is not the only thing that is taken into consideration but also the intricate infrastructure of leisure and amusement facilities that are required to be developed to heighten the drive in achieving the vision of Dubai.
This undertaking is Dubai’s response to the Champs Elysee in Paris and London’s Oxford Street, which are both prominent shopping districts. The incorporation of climate control factor will for the first time permit the materialization of Dubai’s response to a high street. All at once, The Mall of the World will be considered a pioneer for the upcoming malls in the next generation.