UAE - Mubasher: Majid Al Futtaim has announced a landmark AED 5 billion investment to transform Mall of the Emirates into a next-generation lifestyle destination, according to a press release.
The group has allocated AED 1.10 billion to enhance the current development, including a new wellness club, cultural hub, dining precinct, and infrastructure upgrades.
Khalifa bin Braik, CEO of Majid Al Futtaim Asset Management, said: “We are building on that legacy with a bold investment that redefines what a mall can be. This transformation goes beyond physical expansion — it’s about creating new ways for people to connect, unwind, and be inspired, all in one destination.”
“By introducing world-class wellness, cultural, and dining experiences, we’re enhancing quality of life and supporting Dubai’s vision as a global city all while remaining committed to innovation and sustainability at every step,” the CEO added.
The investment also includes a full revamp of the West End district, modernizing its design and atmosphere to create a vibrant social hub.
The infrastructure enhancements are underway, including the rollout of the Parkin barrierless parking system, improved access roads, and bridge upgrades in collaboration with Dubai’s RTA, expected by September.