Thursday, November 21, 2024
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Emaar reveals AED1.5b investment to expand Dubai Mall

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Property developer to introduce 240 new luxury retail and dining options

DUBAI: Emaar Properties has announced an expansion of Dubai Mall, which will include 240 new luxury stores and food and beverage outlets. This project represents an investment of AED 1.5 billion, and the contractor is already mobilising on-site.

“The new Dubai Mall expansion is a great addition to one of the most visited sites in the world. We extend our gratitude to our esteemed guests and loyal customers, as well as our partners, retailers, and government authorities for their unwavering support. This expansion reflects Dubai’s ambitious vision to remain at the forefront of global innovation and culture, further solidifying our city’s position as a top global destination,” Mohamed Alabbar, Emaar founder, said.

In 2023, Dubai Mall became the most visited place on Earth achieving a new attendance record with 105 million visitors, a 19 per cent increase from the previous year, coupled with exceptionally strong sales.

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