nb_cid nb_clickOther -tt-nb this.style.behavior='url(#default#homepage)';this.setHomePage('http://www.aol.com/?mtmhp=acm50ieupgradebanner_112313 network-banner-empty upgradeBanner
Search AOL Mail
AOL Mail
AOL Favorites

Dubai to build the world's biggest shopping center


DUBAI, United Arab Emirates (AP) - The shopping-loving city that is home to one of the world's largest shopping malls wants to build one even bigger.

Dubai ruler Sheik Mohammed bin Rashid Al Maktoum has laid out plans for a sprawling real-estate project known as Mall of the World that will include the 8 million square foot (743,224 square meter) mall, a climate-controlled street network, a theme park covered during the scorching summer months and 100 hotels and serviced apartments.

Other attractions planned for the site include a cultural and theater district drawing inspiration from New York's Broadway, shopping thoroughfares based on London's Oxford Street and a "wellness district" meant to attract medical tourists.

"The growth in family and retail tourism underpins the need to enhance Dubai's tourism infrastructure as soon as possible," Sheik Mohammed said in a statement announcing the project Saturday. "This project complements our plans to transform Dubai into a cultural, tourist and economic hub for the 2 billion people living in the region around us - and we are determined to achieve our vision."

Dubai Holding, a conglomerate controlled by the emirate's ruler, is developing the complex. It gave no details on the cost or the completion date.

Can All Dubai's Malls Survive?

The complex will be built near the Mall of the Emirates, which boasts an indoor ski slope, and a short drive from the Burj Khalifa, the world's tallest tower, and the adjacent Dubai Mall. That shopping center is currently the emirate's largest and has attractions including a dinosaur skeleton, an indoor ice skating rink and a multistory aquarium.

Dubai has long used high-profile, big-ticket real estate projects to drive economic growth and establish itself as an international tourist destination. Its ambitions were slowed significantly with a crippling financial crisis that came to a head in 2009, forcing the delay or cancellation of some of the most outlandish projects.

Dubai Holding was not spared from the financial turmoil, and some of its divisions sought new repayment terms from lenders on a debt pile that reached into the billions of dollars.

The emirate's economy has rebounded strongly in the years since the crisis, driven by its trade, transportation and tourism-dependent economy.

Dubai is racing to develop additional infrastructure needed to accommodate a surge in visitors expected when it becomes the first Middle Eastern city to host the World Expo in 2020. Authorities expect the expo will generate $23 billion between 2015 and 2021, and estimate it will cost $8.4 billion to organize.

The new mall project alone is expected to create an additional 20,000 hotel rooms.

Join the discussion

1000|Char. 1000  Char.
cpruitt221 July 06 2014 at 9:34 AM

Dubai is a country where money is power and women continue to be less than men. Don't be fooled by its opulance-it is actually in the Dark Ages in its politics and civil rights.

Flag Reply +16 rate up
4 replies
coopdabomb July 06 2014 at 9:59 AM

I wounder where obamaland will be located at in there.

Flag Reply +15 rate up
5 replies
Deborah July 06 2014 at 11:06 AM

The ARABS did this on Oil and we can too if the a-hole in the WH lets lose of our oil and end the stupid EPA regulations. Keystone is only PART of his disaterous energy Independance policy. He is so bad he lets a bunch of sheiks in the desert outdo America. He has GOT to go just HAS to Socialism VS Capitalism? He has to go

Flag Reply +12 rate up
7 replies
troopabn July 06 2014 at 10:19 AM

Now that we are supposedly the country with the largest oil reserves, why area we still paying $3.64 a gallon and Saudi Arabians pay $35.00 a gallon? Hey "O", want to stimulate the U.S. economy? Knock our energy prices down, use our oil, tell Exxon to build more refineries, and with the price of electric and fuel going back to where they should be, confidence, and cash in pockets will spur jobs and we can put our troops on our border, send the illegals back. Forget being the world police. What more could we want?

Flag Reply +12 rate up
8 replies
Chief Flunky July 06 2014 at 12:36 PM

We need to stop buying oil from these countries that want to kill us and become more self-sufficient. Bring on the Keystone Pipeline and permit more drilling on private land.

Flag Reply +10 rate up
1 reply
ferrariqx Chief Flunky July 06 2014 at 12:52 PM

Keystone oil isn't for USA consumption. Didn't they tell you that on Faux News?

Flag Reply +1 rate up
Mike July 06 2014 at 10:55 AM

How many designer bomb shops are there?

Flag Reply +8 rate up
1 reply
abourge458 Mike July 06 2014 at 11:01 AM

None but.... You'll probably have free W-Fi there so you can Google what ingredients to use and which shops have them to DIY them.

Flag Reply 0 rate up
Mike July 06 2014 at 11:33 AM

Bahrain, former home of Michael Jackson and child sex capital of the Middle East, should be buried under the sands of the desert and never heard from again.

Flag Reply +7 rate up
fernandezarthr July 06 2014 at 11:50 AM

...I don't travel for any reason, or for vacation to any Muslim country in the world,.......so I can care less!!.....rather go to my local, safe, Mall......

Flag Reply +6 rate up
1 reply
ferrariqx fernandezarthr July 06 2014 at 12:51 PM

Aw, c'mon! Be honest. You prefer to sit on your wooden rockin' chair outside your single wide admiring your stars and bars flag lamenting on why you haven't finished working' on that '74 Camaro with the mixed matched doors sitting on cinder blocks in the driveway. "Yep, one of dem days I'mma gonna git that ol' car runnin' agin!"

Flag Reply +1 rate up
1 reply
brian05487 ferrariqx July 06 2014 at 1:09 PM

Really mixed matched doors. Maybe you should go to the library !!

Flag +2 rate up
coopdabomb July 06 2014 at 11:50 AM

Sounds like a good place for the osama obama presidential library

Flag Reply +5 rate up
1 reply
ferrariqx coopdabomb July 06 2014 at 1:00 PM

Uh-Oh! Time for a diaper change.

Flag Reply 0 rate up
1 reply
coopdabomb ferrariqx July 06 2014 at 4:46 PM

Ok, hop on the changing table.

Flag 0 rate up
puxer181 July 06 2014 at 8:32 AM

Who the hell cares what our gas money pays for over in that big sand box..

Flag Reply +3 rate up
aol~~ 1209600


More From Our Partners