Bigger than Dubai Mall: Emaar and Dubai Holding announce Dh10b mega mall | GulfNews.com:
State-linked developer Emaar Properties and Dubai Holding will build a new mall, said to be larger than Dubai Mall, at their flagship project Dubai Creek Harbour.
Dubai Square, as the developer has named the project, will also have around 1,500 hotel rooms and thousands more apartment units.
The project is expected to cost Dh10 billion, according to Mohammad Alabbar, chairman and CEO of Emaar Properties, speaking to members of the press. Half of this will be funded by debt, while the other half will be funded by Emaar capital, he added.
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