A new project in Dubai called ‘Mohammed Bin Rashid City’ was announced by His Highness Shaikh Mohammad Bin Rashid Al Maktoum. The new city will cost $2.72 billion and plans include building the world’s biggest shopping mall, a Universal family theme park and a park that is a third bigger than Hyde Park in London and it is equipped to receive 35 million visitors. This Centre will be set up in collaboration with Universal Studios and include over 100 hotel facilities to meet the needs of visitors from the region.
The new city will be located between Emirates Road, Al Khail Road and Sheikh Zayed Road, and will include Mohammed bin Rashid Gardens Project. It will be connected to Downtown Dubai and Business Bay through a crossing that will be named the “Cultural Crossing” which will include art galleries and create the largest area for arts in the region.
The first component focuses on family tourism, the second component, focusing on retail, the third component will include the largest area for arts galleries in Mena and the fourth component will see the development of a unique area that will provide an integrated environment for entrepreneurship and innovation in the region.