Sharjah Arts Foundation acquired The Flying Saucer in 2012 and embarked on a program of renovations under by Mona El Mousfy of SpaceContinuum Design Studio.[4] Fittings, partitions and false ceilings installed by tenants over the years were removed, originally to house the 2015 exhibition '1980–Today: Exhibitions in the United Arab Emirates', part of the 56th Venice Biennale.