‘Future City’ in the making: Dubai gearing up to launch Mall of the World
31 May, 2016
The design work for phase one of the AED25 billion Mall of the World is underway, a senior Dubai Holding executive has said. “We are into the detail design of the mall and the focus is currently on phase one,” Dubai Holding Chief Executive Officer Fadel Al Ali said during last week’s launch of the AED1 billion Marasi Business Bay project. “We have already coordinated with all the authorities such as Roads and Transport Authority, Dubai Electricity and Water Authority and Dubai Municipality,” he stated, adding the project will be built over a period of 15 years with the funding spread over the same period.