Majid Al Futtaim Properties is a leading developer and operator of shopping malls, hotels, communities, and mixed-use projects across the Middle East, North Africa, and Asia. It is a division of the Majid Al Futtaim Group, which was founded in 1992 by Emirati entrepreneur Majid Al Futtaim. Majid Al Futtaim Properties is known for creating world-class destinations and experiences that combine retail, leisure, and hospitality.

Key Areas of Operation

  1. Shopping Malls:
    • Majid Al Futtaim Properties owns and manages some of the most iconic shopping destinations in the region. Notable malls include:
      • Mall of the Emirates: One of the most famous malls in Dubai, home to Ski Dubai and over 600 retail outlets. It is renowned for its luxury retail offerings and unique indoor ski resort.
      • City Centre Malls: These malls are spread across several countries and cater to a wide range of shoppers, from luxury to mid-range segments. Examples include City Centre Deira and City Centre Mirdif in Dubai, as well as other City Centre locations in Bahrain, Oman, and Egypt.
      • My City Centre: These are community-focused malls designed to serve smaller localities with essential retail, dining, and convenience services.
  2. Hotels:
    • The company also manages a portfolio of high-quality hotels, often located adjacent to its shopping malls. This integrated approach provides visitors with a seamless experience combining shopping, dining, and leisure.
    • Majid Al Futtaim collaborates with renowned hotel brands like Kempinski, Sheraton, Hilton, and Marriott to operate luxury and mid-tier hotels within their developments.
  3. Mixed-Use Developments:
    • The company has diversified into mixed-use projects that integrate residential communities, retail, leisure, and business spaces.
    • Tilal Al Ghaf is one of its flagship mixed-use projects in Dubai, featuring villas, apartments, parks, and leisure facilities around a lagoon.

Vision and Sustainability

Majid Al Futtaim Properties is guided by a long-term vision of enhancing the quality of life for its customers and communities. The company’s strategy includes a strong focus on sustainability, innovation, and customer experience. Its developments are built with sustainability in mind, aligning with Majid Al Futtaim’s ambitious goal to become net positive in carbon and water by 2040.

The company has implemented eco-friendly practices in its buildings, including energy-efficient designs, waste management systems, and water conservation measures. The shopping malls under Majid Al Futtaim Properties have received several awards and recognitions for their sustainability efforts and green building standards.

Customer Experience and Innovation

Majid Al Futtaim Properties continuously invests in innovative experiences for its customers. It has introduced new concepts in shopping malls, such as immersive digital experiences, entertainment zones, and world-class dining options. Properties like Mall of the Emirates and City Centre Mirdif feature indoor entertainment attractions like Ski Dubai, Magic Planet, and VOX Cinemas, adding value beyond traditional retail offerings.

Regional Presence

Majid Al Futtaim Properties operates over 29 shopping malls, 13 hotels, and multiple mixed-use communities in the UAE and beyond. The company has a strong presence in countries like Egypt, Bahrain, Oman, Saudi Arabia, and Lebanon. It continues to expand its footprint in new markets, contributing to urban development and economic growth in the region.

Significant Developments and Achievements

  1. Mall of the Emirates: Widely regarded as a luxury retail destination and a global landmark in the shopping industry.
  2. City Centre Brand: A collection of successful regional shopping malls that have become integral parts of local communities.
  3. Al Zahia: A master-planned community in Sharjah, UAE, which is part of a joint venture with Sharjah Asset Management.

Commitment to Excellence

Majid Al Futtaim Properties is dedicated to delivering high-quality developments with a focus on customer satisfaction. It maintains a strong emphasis on creating memorable experiences and fostering long-term relationships with its stakeholders.

In summary, Majid Al Futtaim Properties is a key player in the region’s retail, real estate, and hospitality sectors. The company has transformed the concept of shopping and leisure, offering integrated lifestyle destinations that cater to diverse audiences while upholding sustainability and innovation at its core.

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