A well known gigantic company based in Dubai, founded in 1992, by Emirati businessman Majid Al Futtaim, who also remains the company's chairman. The developer has expanded its business operations in the MENA region into many different areas such as shopping, hotels and entertainment.
Some of the biggest residential properties built by the developer include Tilal Al Ghaf, Al Zahia, Al Mouj, and Waterfront City. Majid Al Futtaim properties portfolio includes an outstanding variety of modern apartments, townhouses and villas which provide several profitable investment options to individuals looking to buy Majid Al Futtaim real estate properties in Dubai.
Tilal Al Ghaf area is one of the biggest residential communities developed by the company which spans over 3 million sq.m. with 70,000 square meters of Lagoon Al Ghaf also featuring luxury villas and townhouses for exceptional waterfront living experience.
Waterfront City covers 250 square kilometers area featuring more than 10,000 luxury homes giving an exceptional urban living experience.
The portfolio includes the establishment of the first Carrefour hypermarket in the Middle East, as well as ownership of various other brands such as VOX Cinemas, Magic Planet, and City Centre malls.
The shopping malls owned by the developer are Mall of the Emirates situated in Al Barsha area, and Mall of Egypt the first shopping development of its kind in Egypt, along with Mirdif City Centre is a shopping mall located in the residential area of Mirdif.
It is a well known & famous company that operates in 15 countries around the world. There are more than 40,000 employees and has the best credit grade (BBB) of any privately owned business in the area.
Majid Al Futtaim is an important player in the Middle Eastern real estate market it has a portfolio that includes wide range of commercial properties, including hotels, offices, malls, and Ski Dubai. Moreover, contemporary architecture, new technology and current features like community centers, gyms and swimming pools can be found in their developments.
