Meydan One Mall

Dubai’s Meydan One mega mall development on track for 2020 opening

Dubai developer Meydan has said its Meydan One mall development is on track for an early 2020 launch following construction progress. The project, which includes the largest dancing fountain in the world, a 1km ski slope, heritage village and beach, was first announced in August 2015. Meydan said structural work was now 60 per cent complete. When finished, the mall will host 580 retail outlets split between 30 anchor stores, 80 flagship luxury stores, 190 dining outlets and a 13,200sqm hypermarket. The retail footprint will be spread across indoor and outdoor spaces centres by a retractable atrium space named the Canyon, measuring 160m by 100m, which will be usable for events. The developer is also promising an omni-channel retail experience through a virtual platform and a new approach to leasing contracts for tenants. “Meydan One has been envisioned as a ‘place for everyone’, which means it seeks to accommodate varied needs and expectations,” said Meydan Malls vice president Fahad Kazim “We are doing this through collaborating with the community to create a highly-integrated multifunctional hub for all nationalities and segments of the population. In addition, we are aiming to ensure that the space has a significant layer of digitisation to allow us to connect with consumer needs in a wholly unique way.” Key features of the wider development include a civic plaza able to host 30,000 people and dancing fountains that fire water 380m into the air. A 8.2km lagoon will also feature 500m of beaches, water sport activities and a beach club, while an experience zone will offer a sports arena and various courts. Meydan said an innovation district offering incentives for entrepreneurs, a 21-screen cinema, a 20-outlet food court, hotels and hotel apartmentsand 12,000 parking spaces would be among the other features. two hospitality towers, one commercial tower and a medical centre. The wider 40.4-million-square-foot development, being built between Meydan and Al Khail Road, is designed to be the epicentre of the Meydan One residential community, Mohammed Bin Rashid City and District One. It will house 83,000 residents, break at least seven world records and include a 711m residential tower, 4km canal, 100-berth marina, 5.3km of bicycle and jogging tracks and a 9km boardwalk as well as two hospitality towers, a commercial tower and a medical centre. Meydan’s other developments include the Meydan Racecourse, which was completed in 2010.

10 Dec 2018

"Meydan One" – envisioned as a "Place for Everyone", is a premier destination to live, play, entertain, dine & shop. Strategically located within the heart of Meydan’s luxurious District 1 development and next to Al Khail Road, the project offers excellent accessibility via various types of transportations, public and internal transit systems. With a land mass exceeding 3.6 million SqM and a GFA of over 5 million SqM. Meydan One features the following components: • Monumental dancing water fountain and water attractions • Cultural and heritage Village • Multiple large digital screens • Indoor and outdoor sporting activities including a ski slope and water park • Retail Mall with centralized indoor and outdoor space • Board Walks and Parks • Hotels and Hotel Apartments • Schools and Community facilities • Residential and Commercial spaces

30 Aug 2017

Work set to start on Dubai’s Meydan One mall

A groundbreaking ceremony was held at the 40.4 million-square-foot Meydan One site on Wednesday evening to mark construction of the project’s retail mall situated between the existing Meydan racecourse site and Al Khail Road. The new mall will contain about 620 shops, including a pair of department stores and a 131,150 sq ft hypermarket. It will also have a 1,315 ft-long Central Canyon space running through the middle of the mall, which will be flanked by luxury retail units. It will also have a 258,300 sq ft multi-purpose sports facility with courts for football, basketball, indoor cricket and various racket sports, a 160m x 100m retractable roof light, more than 100 food and beverage outlets, a 21-screen cinema and parking for over 12,000 cars. The mall will sit at the centre of the 40.4 million sq ft Meydan One project – a plot of land that will include the 711-metre-high Meydan One tower, 1km-long indoor ski slope, a 380-metre-long display of dancing water fountains and a multi-purpose sports facility. The groundbreaking ceremony was led by Sheikh Mohammed bin Rashid, Vice President of the UAE and Ruler of Dubai . Saeed Al Tayer, the chairman of developer Meydan, said: “In our vision for Meydan One we have brought together all the wonders of a retail and leisure experience into one space, making this the No 1 destination for the UAE and indeed, the Middle East. “With construction now under way, the Meydan One Mall is scheduled to be completed by 2020, in line with phase one of the Meydan One mega-development.” The Meydan One development was initially unveiled in August 2015. A study published last week by consultancy Core Savills stated that Dubai’s retail stock increased by 8 per cent last year to nearly 3.2 million sq metres (nearly 35 million sq ft). It said that the city’s retail supply stock is likely to grow by a further 25 per cent over the next three years, as projects such as The Dubai Mall expansion and the new Nakheel Mall at Palm Jumeirah are completed. Despite this, rents are holding up, according to Core Savills’ chief executive David Godchaux. “Despite the softening regional economic conditions, demand from retailers has not seen a significant dip, with stable preleasing activity witnessed in The Dubai Mall expansion and other strategically located, under-construction malls nearing completion,” he said.

14 Mar 2017