Developer Overview

Majid Al Futtaim Group is a large Arab holding company established in 1992 and based in Dubai. It comprises four specialised firms: MAF Ventures, MAF Properties, MAF Retail and MAF Trust.

The founder and president leads the group, guiding its involvement in development, construction, ownership and management of major shopping centres across the region.

What Majid Al Futtaim is known for

• Development, construction, ownership and management of large shopping centres, with a regional footprint in the Middle East and beyond.
• Operations in countries such as Egypt and Saudi Arabia, along with activities in the United Arab Emirates including notable retail destinations.
• Iconic UAE destinations such as Mirdif City Centre and Mall of the Emirates, as part of a broader portfolio of regional centers.
• A growing pipeline with sites under construction or completed across Egypt, Saudi Arabia, Cairo, Oman, Lebanon and Bahrain.
• Integrated communities that combine living, leisure and working spaces with premium residential properties and commercial and retail components.
• A diversified mix of amenities, including cafes, restaurants, cinemas and marinas, within premium developments.
• A licence for the Carrefour brand, with operations in Central Asia, the Middle East and North Africa markets.
• Entertainment and retail concepts such as Magic Planet, City Center shopping centres and VOX Cinemas.

Portfolio Focus

The portfolio concentrates on large-scale retail developments and integrated communities, reflecting a Dubai real estate developer's approach to combining living, commerce and leisure. It often features premium residential projects alongside commercial and retail spaces, with an emphasis on a full range of amenities and a cohesive design language.

Quality, Design and Delivery Approach

The approach prioritises quality construction and thoughtful design to create integrated spaces that function as active hubs for living and visiting. It emphasises the design approach and reliable project delivery for complex, multi-use developments, underscored by a clear focus on user experience and amenities.

For Buyers and Investors

For buyers and investors, the group offers a diversified regional footprint and exposure to large-scale retail ecosystems. From an investment perspective (general), this portfolio may support buyer confidence through a transparent process and a combination of premium properties, amenities and property management capabilities.

Who This Developer May Suit

• Investors seeking exposure to large-scale, integrated communities with living, leisure and working spaces.
• Buyers looking for premium residential projects within mixed-use developments.
• Tenants and retailers seeking well-established shopping centres and entertainment concepts.
• Families prioritising amenities such as cafes, restaurants, cinemas and marinas.
• Partners interested in operating within branded formats and diverse retail concepts.

Questions

Who is Majid Al Futtaim?

The group is a large Arab holding company based in Dubai, established in 1992, with four specialised divisions: MAF Ventures, MAF Properties, MAF Retail and MAF Trust.

What is the main business focus?

The focus includes development, construction, ownership and management of large shopping centres, along with a Carrefour brand licence and entertainment venues such as Magic Planet, City Center and VOX Cinemas.

Where does the group operate?

Operations span Egypt (including Cairo) and Saudi Arabia, with notable UAE destinations such as Mirdif City Centre and Mall of the Emirates, and additional sites across Egypt, Saudi Arabia, Oman, Lebanon and Bahrain.

What is the founder’s stated goal?

The aim is to provide people with pleasure and a unique experience in shopping, cooking, recreation, travel and in life.

How can buyers get independent guidance?

Green City Real Estate can provide independent guidance on evaluating the developer landscape.