Dubai’s $272m Mall of the Emirates expansion completes
The UAE-based retail giant Majid Al Futtaim is set to open the mall’s 36,000sqm retail extension on September 28
The UAE’s Majid Al Futtaim has announced the completion of its AED1 billion ($272m) redevelopment of the Mall of the Emirates in Dubai, which is set to open on September 28.
The project, titled Evolution 2015, includes a 36,000sqm retail extension with 40 new shopping, dining and entertainment outlets. The new additions include 20 fashion brands, 12 restaurants, and a revamped 24-screen VOX Cinemas featuring the first IMAX with Laser screen in the Middle East, as well as two children’s cinemas.
Evolution 2015 is a multi-phased project, involving several enhancements and additions. The first phase was completed in 2014 with the unveiling of the AED 100 million ($27.2m) Fashion District. The second phase saw the addition of a new taxi rank located next to Ski Dubai, representing a total investment of AED 10 million. In addition, Mall of the Emirates increased its car park capacity by building a new parking deck with roof-top shade on Level 4, creating 1,300 new spots.
“By re-shaping Mall of the Emirates with Evolution 2015, we continue to evolve and enjoy a competitive edge,” said Michael Cesarz, the chief executive of Majid Al Futtaim Properties’ malls unit.
Majid Al Futtaim earlier this month opened the $75 million (AED275m) City Centre Me’aisem mall in Dubai’s International Media Production Zone, marking its sixth City Centre property in the Emirates and twelfth in the region.
