Dubai Mall to be size of over fifty football fields
Mall will be part of the Burj Dubai complex that will boast the world’s tallest tower and now the world’s largest shopping mall
Emaar Properties has outlined plans to build a colossal nine million square foot shopping mall. The Dubai Mall project, scheduled for completion in November 2006, will form part of the Burj Dubai complex.
“We are expecting an annual footfall of 35 million visitors in the first full year of business and an annualised growth in mall traffic of about 20 to 30%,” says Ibrahim Al Hashimi, executive director, retail and leasing department, Emaar Properties.
“Tourism is the engine driving Dubai’s growth. We have a huge potential audience. Some 3.2 billion consumers armed with a collective GDP of US $18.3 trillion will be knocking on our door,” he predicts.
Dubai Mall complex will consist of a five million square foot mall, residential and retail amenities. According to Emaar, the mall itself, which will be the equivalent in size of 50 international class soccer pitches, making it the world’s largest shopping mall.
“Daring planning is needed to win the global luxury tourism industry over. The Dubai Mall and Burj Dubai make this possible,” he adds.
The mall will be situated along the waterfront of 4.3 million square foot artificial lake. The design includes an atrium and an aquarium of glass tunnels. Inside the mall there are provisional plans for the world’s largest gold souk and a million square feet of fashion shops.
A residential facility of 2.5 million square feet is also planned while additional retail space will total 1.5 million square feet. For the convenience of shoppers and visitors there will be 160 000 underground parking bays, and additional ground parking by lakeside slots.
Emaar is hoping that Dubai Mall will further accelerate Dubai’s efforts to become one of the shopping capitals of the world. Dubai’s annual Shopping Festival has put the city, with over 40 shopping malls already, on the map. Partly as a result, Dubai welcomed over four million visitors last year.
Approximately 15 million tourists are projected annually by the end of the decade.
“His Highness Sheikh Mohammed bin Rashid Al Maktoum’s Vision 2010 master-plan puts tourism at the centre of Dubai’s growth plan,” comments Al Hashimi. “His recognition that Dubai, despite its two-thirds non-oil GDP, needs an infrastructure overhaul, and has set the tone for what we are trying to achieve,” he adds.