Malls to get more space in Abu Dhabi

construction-industry-Abu-DhabiA new report that looks at the construction industry has said that Abu Dhabi is soon going to go past Dubai in terms of concentration of number of shopping centers. The figure is per capita and is the highest in the world.

The report claims that total retail space in Abu Dhabi will become 1.8 million square metres by 2015, which is just double of what it is now. The same are the views of property broking firm, Cushman & Wakefield.

Dubai too is not going to fall short and will be seeing high concentration of construction industry in the next five years time.

Currently it has 1,385 sq metres of shopping space per 1,000 people. This is much higher than US where the figures are 1,028 sq metres per 1,000 and Europe that has seen 231 sq metres per 1,000 of commercial space.

The new centers of as Island and Reem Island, as well as the Deerfields Town Square centre in Al Bahia, are the biggest projects that are going on and are going to push up the mall space in the country.