World's biggest shopping zone set for Dubai
by Lynne Roberts on Sunday, 06 May 2007
Dubai is to develop the world’s largest shopping area, with over 40 million square feet of gross leasable area, Gulf News reports today.
The retail area, part of the Dubailand hospitality and leisure zone Bawadi, will provide 17 times more retail space than Mall of the Emirates, currently the biggest shopping mall in the city.
Developed by Tatweer, the zone will consist of malls, underground and street shopping areas, and link to Bawadi’s 31 hotels.
The development will support Dubai’s tourism industry, which is expected to play a major role in the diversification and development of the economy, according to a Tatweer statement.
Saeed Al Muntafiq, Executive Chairman of Tatweer, said: 'The biggest shopping area in the world will considerably enhance our offering. It will, undoubtedly, accelerate our drive to develop a world-class hospitality and tourism project in Dubai and the region.'
READERS' COMMENTS
Posted by T Crowe Semler on Saturday 12 May 2007 at 03:40 UAE time
Masha’Allah, this is an amazing project proposal. The scale models, once again, have the futuristic flavor which gives Dubai a one-of-a-kind status.
I hope that the developers will explore expanding the zone beyond retail…creating a “whole community” full of diversity and experiences beyond shopping and habitual consuming.
Please keep in mind the requirements for establishing a sustainable “green community” which offers authenticity. This will insure a creative vital community which calls to the intellectuals, the artists, and all those people of the world with illuminated vision.
Insha’Allah, sustainable, green, high-tech, multi-cultural communities / retail projects will become the standard globally.
I am your brother always, T Crowe O'Rourke Semler
Posted by john rednar, england uk, uk on Monday 7 May 2007 at 13:38 UAE time
Good luck on this huge project as you have ventured on this types of projects in the past. Hence it would be just a formality, no sooner the foundation work begins the sky scraper will appear, belive you me i can visulise the entire sceine from here. again good luck.
Its shame i cant be part of such a project. Where one can be proud to pass on to next generation and say here boys look after this for years to come.
But please keep me update on this lovely project
yous sincerely
John R
Posted by Jun Oyales, Dubai, UAE on Sunday 6 May 2007 at 07:55 UAE time
I hope Dubai mall will reign for its promising record before it will be toppled. Anyway, Congratulations to Dubai's unstoppable world's bests.
Click here to post a comment
MORE FROM ARABIANBUSINESS.COM
TOP IN MIDDLE EAST RETAIL
TOP MIDDLE EAST BUSINESS STORIES
ALSO IN MIDDLE EAST RETAIL
LATEST MIDDLE EAST BUSINESS NEWS
- Banking & Finance: Investors cautious as dividends push ME markets up
- Energy: Abu Dhabi to sign $2bn in onshore oil contracts
- Banking & Finance: Oman's Vision eyes infrastructure growth fund
- Banking & Finance: Rising loan provisions 'natural' - UAE central bank
- Banking & Finance: Bahrain's GFH chair faces $125m property lawsuit
SHARE PRICE CHECK
RELATED STORIES
Dubailand
- Seven-day Arabian Gulf cruise to launch in Jan
17 Dec '09 | News - Dubailand signs deal with top cruise ship operator
4 May '09 | News - Thrill seekers
7 Feb '09 | Interviews
Mall of the Emirates (MoE)
- Shopping malls start free trial of new parking plan
9 Aug '09 | News - MoE shoppers spending 20% less than '08 - CEO
12 Jun '09 | News - Shoppers frustrated by ATM machines
9 Dec '08 | News
Tatweer
- Investors’ red tape worries prolong Dubai property woes
30 Jul '09 | Features - A blessing in disguise
17 Apr '09 | Comment - Universal signs deal to bring Sesame Street to Dubailand
23 Feb '09 | News





