What: Emaar Properties PJSC announced a $408 million expansion of Dubai Mall, adding 240 new luxury retail and dining outlets.

Why it is important: The expansion aims to enhance Dubai's appeal to wealthy travelers and repeat visitors, aligning with the emirate's broader efforts to boost tourism and maintain its status as a global shopping destination.

Emaar Properties PJSC has unveiled plans for a 1.5 billion dirham ($408 million) expansion of Dubai Mall, which will add 240 new luxury retail and dining outlets. The expansion supports Dubai's strategy to attract more repeat visitors through new visa rules and increased airline capacity. Dubai Mall, located opposite the Burj Khalifa, welcomed 105 million visitors in 2023, marking a 19% increase from the previous year. With over 1,200 stores and 200 food and beverage outlets, the mall is already one of the world's largest and most visited shopping destinations. The emirate is also investing in infrastructure projects, including a $35 billion passenger terminal at a second airport, to accommodate the growing number of travelers.

Dubai’s iconic mall expands to boost city’s allure for wealthy visitors