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Mall Of The World, Dubai Design District To Be Showcased At Cityscape

Mall Of The World, Dubai Design District To Be Showcased At Cityscape

Major projects being developed by Dubai Holding and its units, Dubai Properties and Tecom Investment will be displayed during the upcoming property show.

Government-owned investment conglomerate Dubai Holding has confirmed that it will showcase its upcoming mega-development, Mall of The World, at the Cityscape property exhibition in Dubai next week.

The recently unveiled Mall of the World development, spread across 48 million sq. ft., will include the world’s largest shopping mall with an area of 8 million sq. ft. and the world’s largest indoor theme park, which will be covered by a glass dome that will be open during the winter months.

Additional districts within the project include a wellness zone, a cultural district and 20,000 hotel rooms. Located along Sheikh Zayed Road in Dubai, the project, when complete, is projected to welcome around 180 million visitors annually.

Other major projects being developed by Dubai Holding’s subsidiaries, Dubai Properties (DP) and Tecom Investments, will also be on display at Cityscape exhibition, the company said in a statement.

Tecom Investments will reveal the masterplan of the upcoming Dubai Design District (d3), a new free zone that it is developing in the emirate.

Construction on the project’s Dhs4 billion phase one, which comprises 10 buildings, is underway and scheduled for completion in early 2015.

The development aims to become community for local and regional designers and showcase Dubai as an international design, fashion and luxury hub. It will offer residential, commercial, retail and hospitality real estate, distinct public spaces, unique street furniture and shaded walkways. It will also include a creek side promenade with international and boutique hotels, a pop up shop area, amphitheatre and convention centre.

Also on display will one of the major projects being developed by DP, Culture Village, a new mixed-use development on Dubai’s creekside, which will include residential, commercial, retail, entertainment and cultural components.

Ahmad Bin Byat, CEO of Dubai Holding, said: “This is the first time that Dubai Holding has a consolidated presence with its companies at Cityscape Global, demonstrating the scale of projects underway and our contribution to the development of Dubai’s economic diversification strategy.

“Most recently, we announced the launch of Mall of the World, set to become the largest temperature-controlled pedestrian city with mixed-use components in the world. This development, along with other projects announced by Dubai Properties and Tecom Investments aim to meet the aspirations of Dubai Vision 2020 and strengthen the emirate’s positioning as a global hub for investment, tourism and business.”

Cityscape, which runs from September 21-23, is considered a litmus test to judge the state of Dubai’s property market. With many developers preparing to launch new projects and showcase recent projects, the exhibition this year is expected to welcome over 35,000 property investors, developers, investment promotion authorities, architects, designers and other real estate professionals.

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