By Megha Merani
UAE-based Archcorp Architectural Engineering is the consultant on the project, the statement said.
It did not provide further details on the construction.
Thomson Reuters Projects reported last week that construction of the mall would start this month.
The project is part of the company's strategy to increase its total investment in the United Arab Emirates (UAE) by 30 billion dirhams by 2026, it said in a statement.
The mall, located between two residential communities in the North and South-West of Al Dhait in Ras Al Khaimah, is set to open at the beginning of 2018, the company said.
It will feature 30 stores across 5,494 square metres of gross leasable area, including a 1,178 sqm Carrefour Market and 117 parking spaces.
The project is Majid Al Futtaim's third 'My City Centre' mall.
Last month, the company appointed Consolidated Contractors International Company S.A.L (CCC) to build its 2.6 billion UAE dirham City Centre Al Zahia mall in Sharjah, which is due to complete in 2020.
Expansion plans for City Centre Sharjah and City Centre Ajman, announced in June 2016, are also currently underway.
City Centre Sharjah is currently undergoing a 260 million dirham redevelopment set for completion in the last quarter of 2017. The redevelopment of City Centre Ajman is expected to conclude in the third quarter of 2017 and will see the mall almost double in size, from 29,000 to 52,000 sqm, at an estimated cost of 600 million dirhams.
Majid Al Futtaim owns and operates 21 shopping malls, 12 hotels and three mixed-use communities across the Middle East.
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