6 New Malls Coming to Dubai (2026–2028) and Their Impact on Property Values
What’s Coming: 6 New Malls Shaping Dubai’s Future Communities
Dubai’s next phase of growth is being shaped by thoughtfully planned lifestyle and community malls. These developments go far beyond shopping — they’re designed to enhance daily living, support sustainability, and add long-term value to surrounding neighborhoods.
Here’s a closer look at what residents and investors can expect.
1. Dubai Square Mall
Expected to open within the next three years, Dubai Square Mall is one of the most ambitious retail developments ever planned in the region. With an estimated investment of AED 180 billion, the project is set to be three times the size of Downtown Dubai and become the region’s second-largest shopping and entertainment destination.
Developed by Emaar, the mall is designed as a drive-through retail destination, reflecting Dubai’s vision for smart and sustainable urban infrastructure. According to Emaar founder Mohamed Alabbar, Dubai Square will also cater to the growing electric vehicle (EV) market, offering dedicated EV facilities.
What sets this mall apart is its integration of artificial intelligence, aimed at delivering a seamless, tech-driven shopping experience that redefines convenience and efficiency.
2. Dubai South Bay Mall
Located in the heart of the Dubai South Residential District, Dubai South Bay Mall is a community-focused retail and lifestyle destination designed to serve everyday needs while offering leisure and wellness experiences.
Spanning approximately 200,000 sq. ft. across ground, first, and rooftop levels, the mall will feature open-air walkways and panoramic lagoon views. The development will include:
60 retail outlets
Two anchor stores
A premium food hall
Residents will also enjoy outdoor leisure areas, a clubhouse, gym, spa, medical clinic, and parking for over 400 vehicles, creating a complete and walkable community hub.
3. Ghaf Woods Mall
Set to become a flagship destination, Ghaf Woods Mall introduces a completely new retail concept — the “Mall in the Forest.”
Located along E311, the mall will blend curated retail, dining, leisure, and lifestyle experiences within a forested natural environment. Developed by Majid Al Futtaim, this project focuses on immersive design and nature-led placemaking.
Ahmed El Shamy, CEO of Majid Al Futtaim Development, describes it as a landmark that marks “a bold new era in retail and community development”, combining premium experiences with environmental harmony.
4. Sobha Mall
With an investment value of AED 210 million, Sobha Mall is set to be completed in the second half of 2026 in Nad Al Sheba.
The mall is designed to balance retail vibrancy with the calm of an urban park. It will feature:
Built-up area of approx. 339,000 sq. ft.
Gross leasable area of around 115,000 sq. ft.
35 retail and dining outlets
Over 10 unique dining concepts
Amenities will include a supermarket, gym, play courts, soft-play entertainment zones, and family-friendly spaces.
Sustainability is central to the design, with greenery, water features, natural lighting, solar panels, energy-efficient systems, green building materials, and a skylight roof. Smart technologies such as digital wayfinding, interactive displays, and intelligent lighting will further enhance the visitor experience.
5. Liwan Mall
Located near Dubai Silicon Oasis and Global Village, Liwan Mall is a neighborhood-focused community mall designed for convenience and accessibility in a high-traffic area.
Rather than large-scale retail, the mall emphasizes daily essentials, local services, and casual dining, making it a practical destination for residents to run errands, meet neighbors, and enjoy everyday community life.
6. Villa Square
Villa Square is a boutique, high-end retail destination that blends shopping with relaxation. Designed with a resort-inspired atmosphere, it offers a calm alternative to traditional urban malls.
The project places strong emphasis on sustainability, featuring:
Natural stone façades
Thermal-insulated walls
Heat-reflective glass
These elements reduce energy consumption while maintaining a comfortable indoor environment, reinforcing Dubai’s push toward environmentally responsible development.
Final Thought
These upcoming malls highlight how Dubai continues to plan communities first, not just buildings. By integrating retail, lifestyle, sustainability, and technology, the city is creating environments that support long-term living, stable rental demand, and capital appreciation.
Ready to Invest or Learn More?
Dubai’s real estate landscape is evolving fast, and these upcoming malls signal where the next growth opportunities lie.
Whether you’re looking for a new home, an investment property, or expert advice, our team at Dez International Real Estate is here to help.
📞 Contact us today: info@dezinternational.com | +971 56 899 7170
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