The Mall of the World shopping complex in Dubai has been relocated to a site on Sheikh Mohammad Bin Zayed Road, according to developer Dubai Holding’s statement.
In the new location, the company said, “the project’s positive tourism contribution can be fully realized”.
Ahmad Bin Byat, vice chairman and managing director of Dubai Holding, said: “Tourism remains a major part of Dubai’s diversification strategy and Mall of the World will be a critical part of that vision.
“Dubai Holding is committed to developing Mall of the World, a major retail and leisure destination in the region, and believes that the new location on Sheikh Mohammad bin Zayed Road, will be an outstanding home for the project, as it will allow Dubai Holding to further expand as needed in the future according to market needs.”
The shopping and leisure complex will now undergo extensive planning to become a major retail and leisure destination, according to the statement.
The project’s — first announced in 2012 and initially planned to be located on a site in Mohammed bin Rashid City — first phase is expected to be complete before Dubai hosts the Expo 2020 exhibition.
Mall of the World includes 745,000sq m of shopping space connected to a theme park, 100 hotels, and apartment buildings with 20,000 rooms.
* Dubai pictured.