The diversity of the UAE economy is one of its key assets, says Ahmad Bin Byat

The diversity of the UAE economy is one of its key assets, says Ahmad Bin Byat

  • Master plan updated; all-season city district to span a land area of 1.7 million square metres in the centre of Dubai
  • Focus on connectivity to the surrounding city, offers seven modes of transportation
  • MOTW to bring “metropolitan community” feel to Dubai that is transport-led

Dubai Holding has announced today updates on the development of Mall of the World, a unique concept of an all-season city district offering a wide range of leisure, retail, cultural, residential, wellness, commercial, hospitality and pedestrian options in the heart of Dubai. The mixed-use development will span a land area of 1.7 million square metres in the centre of Dubai and will be built in two phases.

The recently evolved master plan is focused on providing visitors and residents with connectivity to the surrounding city, with seven modes of transportation: a network of 33 roads, 152,500 m. sq. of walkways and plazas, bicycle routes, availability of bus and shuttle services, metro and tramlines as well as gondola rides.

As a mixed-use development, Mall of the World will have five components - Retail, Residential, Office, Hospitality, and Entertainment – comprising 278 buildings across 3,525,000 m. sq. Mall of the Wold is set to host the world’s largest retail network.

With the aim to establish Mall of the World as a first year-round pedestrian city in the region, the layoutt and design of all its developments is especially tailored for Dubai’s climate, unique social fabric, tourism appetite and connectivity demands. This will include shaded parks, sidewalks, temperature controlled arcades, mall and bridges in short distances in order to provide maximum comfort to pedestrians.

Ahmad Bin Byat, Vice Chairman and Managing Director of Dubai Holding, said: “Mall of the World is a complex, long-term and strategic project that is set to play a significant role in positioning Dubai as a global hub for tourism, in line with our leadership’s plans including Dubai Tourism Vision 2020.

Morgan Parker, Chief Operating Officer, Mall of the World, said: “We are making good progress with the planning and thoughtful approach to the development of Mall of the World. It sits at the heart of Dubai and will be critical to the Emirate’s economic growth. Our approach is to combine a human scale all-seasons lifestyle destination with an urban mixed-use metropolitan community. Key to the project’s success will be accessibility, and we are developing a system that will combine a mix of modern transport modes and networks. The project is currently led by a global team of 100 experienced professionals. And we are working closely with government entities and authorities to ensure seamless execution of the project”.

Mohammed Bin Rashid:

We announced recently that we plan to transform Dubai into a cultural, tourist and economic hub for the two billion people living in the region around us; and we are determined to achieve our vision.