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• • • ABU DHABI is No Place for Subtlety: The New Yas Shopping Mall.... and an F1 Racing Car Driving Inside It • • •


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Yas Mall: Abu Dhabi's new super mall: Build it and they will come?

By: Sheena McKenzie & John Defterios

Date: 9th September 2014

Source: WPTV

 

 

 

 

 

wptv-dubai-mall_1410270605025_7883079_ve

 

 

Inside, water fountains shoot into the air, giant plasma screens flash advertisements, escalators rise and fall; their only admirers are the odd construction worker.

 

Missing from this scene are the shoppers.

 

But come November, Abu Dhabi's 235,000 square meter Yas Mall plans to open its doors to 20 million visitors per year.

 

"It's a conservative estimate," says Mohammed Khalifa Al Mubarak, CEO of Aldar Properties, the developers behind the ambitious design.

 

Think big

 

With over 400 stores, Yas Mall will be the second largest shopping complex in the United Arab Emirates, developers hoping it will emulate the success of neighboring Dubai Mall -- double the size at 502,000 square meters.

 

"Over the last five years, the growth of both Dubai Mall and the Mall of the Emirates has been immense," explained Al Mubarak. "They've both become destinations in themselves.

 

"Abu Dhabi does not have that sort of destination here, it does not have that visitor experience. It needs that, it's hungry for it, and Yas Mall is hopefully going to cater to that hunger."

 

Island living

 

The plush shopping center is the latest addition to Yas Island, a purpose-built $40 billion holiday destination rising off the coast of Abu Dhabi.

 

Opened in 2009, the island boasts a Formula One circuit, water park, and "Ferrari World" with the fastest roller coaster on the planet.

 

If shoppers are as "hungry," as Al Mubarak says, then Abu Dhabi is working hard to feed them. Last year the city was ranked 18th in the world in terms of new retail space.

 

And before consumers have even stepped inside Yas Mall, Al Mubarak is already talking expansion.

 

"We couldn't fit all the retailers we wanted to be here, so we're already starting to plan phase two," he said.

 

"Abu Dhabi is a growing city. It's growing in its developments, it's growing in its demographics. And we are catering our retail for each aspect."

 

Smooth sailing?

 

This phenomenal growth hasn't been without losses. Aldar was 13.7billion dirhams (U.S. $3.7 billion) in debt last year, later merging with rival Sorouh Real Estate.

 

"We continue to manage our debt to the best of our abilities, and we continue to be a development company," said Al Mubarak.

 

"Over the last year we've launched two major projects that had been completely sold out. But we have developed in a mature, professional manner."

 

As the finishing touches are made at Yas Mall, we'll soon find out if the island's latest addition sinks or swims.

 

 

 

 

 

 

http://www.youtube.com/watch?v=EL3cbwRNK-M

 

= = =

 

Released this month:

 

 

 

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wonder how many slaves it took to build that

The working condition have to change. Sadly, it's very common.

What I tend to find is that people are always quick to bring up the word 'slaves' with the UAE developments, but truthfully, it does exist in every corner of the planet. I'm not saying that it should be excused, but it does become hypocritical to point at their problems when living in a country with similar problems. Here in the UK, the construction of the London Olympics Stadium has too many stories that would not make the nation proud if they brought it up to the surface. It frustrates me that immigrants are taken advantage of and treated lesser than Humans.

 

 

 

That's impressive, but I'm not sure how practical such a big mall would be.

You mean whether the island would sink or float?

Surely they would have a system in place to measure the stability of the island.

The question is, how much more can it take?

 

 

 

I would get lost tbh..... :omg:

There will escorts and travel carts to help you move from area of the mall to another...
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