March 14th, 2016 by Own A Space
The design of Dubai’s next-generation mall projects is located at Dubai Hills Estate in (Mohammad Bin Rashid) MBR City is being worked on, as per a senior official with the developer.
The mall is located at the end of a 7 km stretch fronting Umm Suqiem Road in the master plan of Dubai Hills Estate. It will have a gross leasable area of 1.5 million square feet. Further details about the launch are in pipeline, pending a final approval of the design.
This is Emaar’s third major mall project after The Dubai Mall and the one in Dubai Marina.
As per current plan, the mall will be connected by two hotels. Meydan One Mall (the world’s largest indoor ski slope) is another massive retail development planned in its wider area from Meydan Group.
Dubai Hills Estate is a joint venture between Emaar and Meraas, and will feature above 26,000 residences and a residential base of more than 100,000 people. There are going to be two metro lines and three stations.
The apartments and villas launched to date had launch prices of between Dh 1,000 – Dh 1,700 a square foot.
Shell-and-core villas are to be constructed near the golf course and buyers can build to homes as per their plans (These villas could be the costliest under development in Dubai in comparison to those in Emirates Hills) The first residents will be moving into the cluster, at the golf villas by late summer. As per schedule The “Mulberry” units will be handover by 2018. (With some of its recent Dubai Hills Estate launches, Emaar is giving sweet-dish deal by allowing 40 percent of the payments to be made over two years post handover.
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