Bigger than Dubai Mall: Emaar and Dubai Holding announce Dh10 billion mega mall

=

Dubai: State-linked developer Emaar Properties and Dubai Holdingwill build a new mall, said to be larger than Dubai Mall, at their flagship project Dubai Creek Harbour.

Dubai Square, as the developer has named the project, will also have around 1,500 hotel rooms and thousands more apartment units.

The project is expected to cost Dh10 billion, according to Mohammad Alabbar, chairman and CEO of Emaar Properties, speaking to members of the press. Half of this will be funded by debt, while the other half will be funded by Emaar capital, he added.

The mall, which will feature streets, plazas, and a glass roof, will give off the impression of an indoor city, according to Alabbar.

With industrial themed sections, traditional Arabic architecture in other parts, and the previously announced Chinese city within the mall, the shopping centre will act as a key feature of the Dubai Creek Harbour development.

=

=