Dubai: Al-Futtaim groups looking to expand
Issue 954
- 21 Sep 2013
| 3 minute read
Majid Al Futtaim Properties (MAF) has said it will spend Dh1bn ($0.3bn) expanding one of Dubai’s largest malls – the Mall of the Emirates. In a statement on 10 September, MAF said the mall would be redeveloped to include a new fashion district, luxury retail, and sports and leisure precinct. The mall is a major attraction because it houses the only indoor ski resort in the region, launched in 2005. Phase one of the expansion has already begun: a Dh100m district dedicated to contemporary fashion. The news – the latest of a string of mega-projects in the emirate announced since 2012 (GSN 937/13) – follows an announcement by Emaar Properties earlier this year that it planned to expand Dubai Mall, the world’s largest mall, with a view to attracting more than 100m visitors each year.
This article is available to registered users
Login
Don't have an account?
Register for access to our free content
An account also allows you to view selected free articles and set up news alerts.
Register