Dubai-based real estate company Emaar Properties and peer Dubai Holding have announced the launch of Dubai Square, a new retail metropolis in Dubai Creek Harbour.

The 750,000 square meters Dubai Square will have more than twice the gross leasable area of the Dubai mall. 

The new mall will also promote omnichannel retailing offering customers options to shop via desktop, mobile or at a retail store.

The project is expected to cost $2.7 billion and half of this will be funded by debt.