Majid Al Futtaim Properties

As a prominent real estate developer, Majid al-Futtaim in Dubai is known for its significant contributions to the region’s urban landscape and economy. Founded in 1992, the company has evolved into a leading player in the real estate sector. The story of Majid al Futtaim Group can be traced back to the vision of its founder, Majid Al Futtaim, who recognized the potential for retail and leisure developments in the steadily growing UAE market.

The company began its journey with the establishment of the first Carrefour hypermarket in the Middle East in 1995, in partnership with the French retail giant, Groupe Casino. This marked the beginning of a successful collaboration that would lead to the expansion of Carrefour across the region, ultimately becoming a household name in the UAE and beyond.

Over the years, Majid Al Futtaim diversified its operations, venturing into real estate development, shopping mall management, and leisure and entertainment sectors. The company’s commitment to innovation and quality has allowed it to carve a niche in the competitive real estate market, leading to the development of iconic projects that have transformed the urban landscape of the UAE. By continuously adapting to market trends and consumer preferences, Majid Al Futtaim has maintained its status as a leader in the industry.

Majid Al Futtaim is committed to sustainability and has implemented various initiatives to minimize its environmental impact. The company recognizes the importance of sustainable development in the real estate sector and strives to integrate eco-friendly practices in its projects. This commitment is not only beneficial for the environment but also aligns with the growing consumer demand for sustainable living options.

One of the pivotal sustainability initiatives is the implementation of green building standards in its development. Majid al-Futtaim Properties aims to achieve LEED (Leadership in Energy and Environmental Design) certification for its projects, warranting they meet high environmental performance standards. This includes energy-efficient designs, water conservation measures, and the use of sustainable materials, which collectively contribute to reducing the carbon footprint of its developments.

As it navigates the challenges of the evolving real estate landscape, Majid Al Futtaim’s influence on the industry will undoubtedly continue to grow, shaping the future of urban living in the region. Some of its most recent successful projects are Tilal Al Ghaf (Dubai), Al Zahia (Sharjah), Al Mouj (Oman), Tilal Al Irfan (Oman), and Waterfront City (Lebanon).

Key Projects

Majid Al Futtaim has been involved in numerous landmark projects that have significantly shaped the real estate landscape in the UAE. Some of the most notable developments include the Mall of the Emirates, Al Zahia, and City Centre Malls.