Majid Al Futtaim Properties

What Majid Al Futtaim Properties does

Majid Al Futtaim Properties is a Dubai-headquartered real estate developer and a subsidiary of the diversified Majid Al Futtaim Group, founded in 1992 by Mr. Majid Al Futtaim. The company develops master-planned, mixed-use residential communities targeting high-net-worth individuals, families, and international property investors seeking premium lifestyle environments in the Middle East. With operations spanning three countries — the UAE, Oman, and Lebanon — the company has established five mixed-use communities housing more than 2,500 families.

The company's portfolio centers on two flagship master communities in Dubai: Tilal Al Ghaf, a lagoon-front development featuring nearly 500,000 square metres of parks and 18 kilometres of walking trails, with residential offerings including amara, Plagette32, Waterfront Serenity Mansions, and Lanai Islands; and Ghaf Woods, a forest-themed community comprising 11 distinct residential clusters (DISTRIKT, Lacina, Serra, Cilia, Capria, and Maravelle Residences) immersed in dense greenery. The communities integrate residential, retail, dining, education, and wellbeing amenities, leveraging the broader Majid Al Futtaim ecosystem across retail, entertainment, and leisure to differentiate from single-vertical competitors.

Majid Al Futtaim Properties generates revenue primarily through one-time property sales of residential units within these master-planned developments. The company employs a multi-channel go-to-market approach that combines direct buyer engagement via the corporate website (with "Register Your Interest" lead capture and downloadable brochures), participation in international luxury property exhibitions such as LPS Shanghai 2025, and an extensive distribution partnership with over 8,000 registered real estate agencies across Dubai, with top performers recognized annually. In October 2025, the company raised $500 million via a 10-year sukuk with a 4.875% profit rate that attracted over $1.8 billion in investor demand, indicating strong access to capital markets for corporate purposes and refinancing.

Name

Majid Al Futtaim Properties

Legal name

Majid Al Futtaim Properties

Website

https://majidalfuttaimproperties.com

Company type

Private

Founded year

1992

Operating status

Operating

Short description

Majid Al Futtaim Properties is a Dubai-based real estate developer and subsidiary of the Majid Al Futtaim Group, founded in 1992. It develops luxury master-planned mixed-use communities in the UAE, Oman, and Lebanon, housing more than 2,500 families across flagship projects including Ghaf Woods and Tilal Al Ghaf.

Ownership category

akta.pro rank

Product category

Luxury Residential Real Estate Development

NAICS

New Multifamily Housing Construction (except For-Sale Builders) (236116), New Single-Family Housing Construction (except For-Sale Builders) (236115), Lessors of Residential Buildings and Dwellings (53111)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), Real Estate Dealers (For Their Own Account) (6532)

akta.pro primary industry

Mixed-Use Property Management (BPAJAGAE)

akta.pro secondary industries

Villas & Luxury Estates (THAMAAAC), Multifamily Apartment Property Management (BPAJAFAA)

Keywords

• Luxury real estate development
• Master-planned communities
• Residential property development
• Mixed-use communities
• Property investment

Headquarters

HQ city

Dubai

HQ country

United Arab Emirates

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Supply Chain, Infrastructure, Marketing or Sales, Personnel

Revenue model

1. Real Estate Development and Property Sales: Majid Al Futtaim Properties generates revenue through the development and sale of residential properties within master-planned communities across the UAE, Oman, and Lebanon. Revenue is derived from property sales across multiple communities including Tilal Al Ghaf and Ghaf Woods.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Majid Al Futtaim Properties develops and sells luxury residential properties within master-planned mixed-use communities. The company operates five mixed-use communities across the UAE, Oman, and Lebanon, housing more than 2,500 families, with primary master-planned communities in Dubai including the forest-themed Ghaf Woods (11 residential clusters) and the lagoon-front Tilal Al Ghaf. Revenue is generated through the development and sale of residential units within these integrated communities that combine nature, luxury housing, retail, dining, and leisure amenities.

Product overview

Majid Al Futtaim Properties is a real estate developer creating luxury living spaces within five mixed-use master communities across the UAE, Oman, and Lebanon, housing more than 2,500 families. The company operates two primary master-planned communities in Dubai: Ghaf Woods (a forest-themed development with 11 residential clusters including DISTRIKT, Lacina, Serra, Cilia, Capria, and Maravelle Residences) and Tilal Al Ghaf (a lagoon-front community featuring nearly 500,000 sqm of parks with offerings including amara, Plagette32, Waterfront Serenity Mansions, and Lanai Islands). The portfolio focuses on placemaking and sustainable community development through the art of integrated residential design.

Differentiator

Problem solved

Functional benefit

Brands

• Ghaf Woods: A sanctuary for ambition and purpose, featuring 11 clusters with unique charm and character, immersed in dense greenery and dotted with amenities. Located in Dubai.
• Tilal Al Ghaf
• DISTRIKT

Products and services

• Ghaf Woods

Quantifiable outcome

• Over 2,500 families housed across five mixed-use communities
• +1 more outcomes

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Homes 4 Life Real EstatecoreChannel Partner/ Reseller/ Distributor · 21 April 2026Homes 4 Life Real Estate is Majid Al Futtaim Properties' top-performing channel partner for the Ghaf Woods master community in Dubai. With over 8,000 registered agencies across the emirate, Homes 4 Life Real Estate was ranked No. 1 Top Partner of 2025, recognizing exceptional sales performance. The partnership strengthens Majid Al Futtaim's distribution reach in Dubai's property market and reinforces the company's position in the residential sales ecosystem. The award ceremony was held on April 21, 2026, at a private restaurant in DIFC.

Scale indicators5 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Emaar Properties: Emaar is the largest Dubai-based master-planned community developer (Downtown Dubai, Dubai Marina, Arabian Ranches) and the most direct comparable to MAF Properties in building integrated luxury mixed-use communities targeting HNW buyers.
• DAMAC Properties: DAMAC is a Dubai-listed luxury developer known for branded residences (e.g., DAMAC Hills, DAMAC Lagoons), directly competing with MAF Properties for premium villa and estate buyers in Dubai.
• Nakheel: Nakheel, also a Dubai Holding entity, developed Palm Jumeirah, Discovery Gardens, and other master communities. It competes head-to-head with MAF Properties on large-scale Dubai master-planned developments.
• Meraas: Meraas is a Dubai Holding subsidiary developing mixed-use lifestyle destinations such as City Walk and La Mer. Like MAF Properties, it blends residential, retail, and leisure into premium communities for HNW end-users.
• Aldar Properties: Aldar is Abu Dhabi's largest listed developer (Yas Island, Saadiyat, Al Raha), comparable to MAF Properties as a Gulf master-planned luxury developer with similar mixed-use and international expansion ambitions.
• Sobha Realty: Sobha Realty develops luxury villas and master communities in Dubai (Sobha Hartland), positioning it as a direct competitor to MAF Properties' Ghaf Woods and Tilal Al Ghaf premium product offering.
• Dubai Properties: Dubai Properties, part of Dubai Holding, develops mixed-use communities such as JBR, Business Bay, and Villanova. It overlaps directly with MAF Properties in placemaking-driven master developments.

Emerging players

• Bloom Holding: Bloom Holding develops master-planned communities (Bloom Gardens, Bloom Living) in Abu Dhabi targeting mid-to-premium end-users. It is an emerging peer with similar mixed-use community thesis but smaller scale.
• Reportage Properties: Reportage is a fast-growing Abu Dhabi-origin developer expanding in Dubai, focused on affordable-to-mid-market master communities; competes with MAF Properties in the broader Dubai development market though at a lower price point.

Regional players

• Union Properties: Union Properties is a Dubai-listed developer known for Motor City and Uptown Mirdif master communities. It is a smaller, regionally focused peer compared to MAF Properties' larger-scale luxury portfolio.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Majid Al Futtaim Properties