Constructions of new malls and buildings in Gulf countries are still on the rise despite budget deficits in 2015-2016. Huge shopping malls are now in the works and are expected to open in the years to come.
Here are 9 malls that are under construction according to their size.
Area: 745,000 cubic meters Cost: $22 billion The developer: Dubai Holding - a subsidiary of the UAE and Dubai's ruler Completion date: The first phase that makes up the first quarter of the project is expected to finish before 2020
2. Nakheel Mall, Dubai
Area: 418,000 cubic meters Cost: $272 million The developer: Nakheel Properties Completion date: 2017
Area: 300,000 cubic meters Shared cost with the City Centre Ishbiliyah about $3.7 billion The developer: Majid Al Futtaim Group Completion date: 2022
4. Al Diriyah Festival City Mall, Riyadh
Area: 260,000 cubic meters Cost: $1.6 billion The developer: Majid Al Futtaim Group Completion date: Unspecified
5. Mall of Qatar, Doha
Area: 256,000 cubic meters Cost: $1.48 billion The developer: Mall of Qatar W.L.L in collaboration with UrbaCon Trading & Contracting Completion date: 2016
6. Doha Festival City Mall, Doha
Area: 433,000 sqm Cost: $1.6 billion Project developer: Bawabat Al Shamal Real Estate Company, Development manager: Al Futtaim Group Real Estate, Project Manager: Mace International Completion date: September 2016
Area: 157,000 cubic meters Cost: $467.5 million The developer: Majid Al Futtaim Group Completion date: 2020
Area: 100,000 cubic meters Shared cost with the Mall of Saudi with approximately $3.7 billion The developer: Majid Al Futtaim Group Completion date: 2018
Area: 46,451 cubic meters Cost: $218 million The developer: Nakheel Properties Completion date: 2016
This article was originally published in Arabic on YallaFeed .