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The retail-and-real-estate conglomerate — Mall of the Emirates and beyond.

Majid Al Futtaim Properties

Majid Al Futtaim (MAF) is one of the largest privately held conglomerates in the Middle East, founded in 1992 by Majid Al Futtaim. Its DNA: a blend of retail and real estate — owner of the Carrefour franchise, the Mall of the Emirates and City Centre malls, and residential-commercial real estate developments. Its developments include Ghaf Woods (Dubai's forest community), Al Zahia (Sharjah) and Tilal Al Ghaf. One of the largest private companies in the Middle East.

Founded 1992 Founder Majid Al Futtaim HQ Dubai, United Arab Emirates ~45,000 employees (group-wide) RERA registered
1992
Year founded
16+ countries
Operations
Private
Status
THE TRACK RECORD

Majid Al Futtaim Properties's record.

One of the strongest private companies in the Middle East — a global brand (Carrefour), significant financial muscle and developments on a massive scale. Its projects are renowned for integrating retail with residential living.

Delivery record

MAF has maintained a steady delivery pace at Tilal Al Ghaf and Al Zahia. Its developments are highly integrated — mall + residential + leisure.

Years active

Over 33 years (since 1992). Integrated master developments anchored by malls

Financial strength

One of the largest private conglomerates in the Middle East. Annual revenue in the tens of billions of dollars. Negligible financial risk.

Founded1992
FounderMajid Al Futtaim
HQDubai, United Arab Emirates
TypePrivate · Holding
Active projects11
Entry pricefrom 581K AED
SIGNATURE COMMUNITIES

Majid Al Futtaim Properties flagship destinations.

Family master community
Tilal Al Ghaf
MAF's master development in Dubai — villas, townhouses, a man-made lagoon and a school.
Dubai's forest community
Ghaf Woods
Dubai's first forest community — a development combining woodland and luxury.
Family community in Sharjah
Al Zahia (Sharjah)
A master community in Sharjah with City Centre Al Zahia (mall).
Mall network
Mall of the Emirates / City Centre
MAF's iconic malls — Mall of the Emirates (Ski Dubai), City Centre Deira, City Centre Mirdif. Commercial assets.
WHAT SETS THEM APART

What makes Majid Al Futtaim Properties special.

Property types VillasTownhousesTower apartmentsMallsRetail-commercial
Price segment Mid-market to premium

Signature style

MAF specialises in master developments that combine residential living with retail — a community with its own mall. The standard: an integrated lifestyle experience that requires no need to leave the community.

Payment plans

Standard payment plans linked to construction milestones.

THE HONEST VIEW

Strengths & considerations.

Where Majid Al Futtaim Properties shines
  • The backing of MAF (one of the strongest conglomerates in the Middle East)
  • Integrated master developments = steady demand
  • Tilal Al Ghaf = a standout Dubai development for capital appreciation
  • Al Zahia + Ghaf Woods = new developments with potential
Worth considering
  • Mid-market to premium segment — relatively high entry prices compared with boutique developers
  • Relatively infrequent launches — MAF is not a 'volume player'
  • Reliance on retail (not a drawback for a luxury developer, but a consideration for a budget one)
11 ACTIVE PROJECTS

All projects by Majid Al Futtaim Properties.

Live from the catalog — sorted cheapest first. Click any card for the full property page.

GOOD TO KNOW

Common questions about Majid Al Futtaim Properties.

What makes MAF unique?+

A retail + real estate conglomerate — owner of Carrefour and the Mall of the Emirates. Its developments combine residential living with a mall in the same community.

Is MAF a reliable developer?+

Yes — 33 years of operation, one of the strongest conglomerates in the Middle East. Backed by the Al Futtaim family, with negligible financial risk.

What is Tilal Al Ghaf?+

MAF's family master development in Dubai — villas, townhouses and a man-made lagoon. One of the standout developments of 2024-2026.

What is Ghaf Woods?+

Dubai's first forest community by MAF — a blend of woodland, luxury and community living. A new development heading toward the start of construction.

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