The start date for this project to begin construction is currently unknown. The project has been announced at a time when investor’s appetite for Dubai appears to be returning. It’s been estimated that 50% of the funds will be sourced internally the rest of the funds will be raised from other means including sales of some parts of the project, revenue from leasing and partnerships. That’s a massive 2.5 Billion AED per year for the next 10 years being spent on this development alone. The Mall of the World is to cost 25 billion AED (£4 Billion) and is estimated to take up to 10years to build. Therefore enabling shoppers to casually stroll rather than feeling the need to be constantly in a shop for an air conditioned environment.

This will offer a unique experience for Dubai of feeling like walking down your average high street but also having the comfort of the temperature being controlled. To overcome this the seven-kilometres of streets connecting hotels and shops etc will all be covered by a glass dome which is fully temperature controlled.

Dubai has been known to hit soaring temperatures of more than 40 Degrees, often too hot for visitors to shop in an outdoor environment.

The most distinguishing feature of the Mall of the World will likely be its iconic central Dome. The vision is that families can stay within the Mall of the World and have a spectacular weekend (or longer) without leaving the 48 million sq ft site. Wellness District - 3 million sq ft of healthcare facilities to attract medical tourists 20,000 rooms combined - Made up of over 100 hotels as well as serviced apartments The Mall of the World development is set to include: Instead the development should be viewed as a miniature indoor city with the whole project covered by an iconic dome structure which will be temperature controlled. So it would be unfair to describe this development purely as a shopping centre. Of the 48 million sq feet, it is estimated that only 8 million square feet will be solely dedicated to the Shopping Mall. The plans for the whole Mall of the World development are to be nearly four times the size and will occupy a total area of 48 Million square feet. To give you some idea of size and scale The Dubai Mall is currently regarded as the largest Mall in the World based on overall area and covers 13 Million Square feet. The Mall of the World in Dubai will not be any ordinary shopping mall as I'll detail further into this article. The Emirate further reiterated its ambitions recently when announcing its plans to build the Mall of the World. Dubai: Mall of The World - A New Construction Project Posted by Stuart Hackett on Thursday, July 31, 2014ĭubai is already a haven for shoppers, boasting some of the largest malls in the GCC.

Shopping mall construction cost