MAF plans new Dhs275m mall in Dubai
Dubai-headquartered Majid Al Futtaim (MAF) Properties has unveiled plans to develop a new shopping mall in the International Media Production Zone (IMPZ), Gulf News has reported. With an investment of Dhs275m, the proposed mall will be developed on a 1,000,000 sq ft of land near the intersection of Al Khail Road and Sheikh Mohammad Bin Zayed Road. Phase one of the project, which will cover an area of 300,000 sq ft, is expected to be completed in 2015. The completion of the entire mall could take between five and 10 years, the company said.