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Shopping malls have gradually transformed into the city centres of 21st century. Every modernized or emerging city in the world features a shopping mall or two, which are regularly flocked by the members of public for their consumer or leisure requirements. Most of these complexes are lined with a number of chained or independent stores which offer products and services of all kinds. One may also observe that, almost every mall features at least one anchor store which in itself encompasses a vast range of products, for instance, apparel, home ware, kitchen appliances, electrical equipments, book and stationery and at times even a food counter. Shopping malls are usually developed and managed by real estate companies, in conjunction with the support from the local authorities. These companies usually scout for an appropriate location which may involve buying a plot or leasing out an existing one for a long term use.

If there is already an existing building on the chosen site, then renovation maybe carried out, or in case the structure is deemed unfit for restoration it may be completely demolished to make space for a new building. The new construction or renovation project necessitates assistance of experts from a number of disciplines. Civil engineers, architects, site planners, interior designers, and government officials combine their functions and skills to ensure that the project is a exemplary success. Furthermore, there are a number of modern real estate service providers who offer bespoke comprehensive solutions to clients and investors. These agencies offer expertise such as development supervision, strategy planning service, construction and lease management, portfolio organization, as well as research, analysis and planning. Their services are not only limited to private or residential real estate projects but also commercial ventures such as business & shopping center development.

Depending on the efficiency of time and project management, as well as government support, multiple shopping mall projects can be established in a city or a country within a very short time. A great example of proficient and competent real estate development is UAE. In the past couple of decades, UAE has emerged as one of the biggest financial centres of the world especially with the enviable success of cities such as Dubai, Abu Dhabi and Sharjah. Although much of the expansion of these cities is attributed to natural oil production, the industrial sectors such as real estate, tourism and financial services have also played a pivotal role in this success. The residential projects and shopping malls in UAE are world renowned and are rated almost at par with its major tourist attractions.