City Centre Ajman

Name

City Centre Ajman

Legal name

Majid Al Futtaim Properties

Website

https://citycentreajman.com

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Shopping Mall Operations

NAICS

Gift, Novelty, and Souvenir Retailers (45942)

SIC

Retail-Misc General Merchandise Stores (5399)

akta.pro primary industry

Multi-Merchant / Shopping Mall Gift Cards (FSAMANAC)

akta.pro secondary industry

Cinema Concessions & On-site F&B Operations (MPADAKAN)

Keywords

• Shopping mall operations
• Retail tenant leasing
• Leisure entertainment venues
• Mall loyalty rewards
• Mixed-use retail property

Headquarters

HQ city

Ajman

HQ country

United Arab Emirates

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Retail Tenant Leasing: Leasing retail space to multiple tenants including fashion, beauty, tech, and specialty stores. Tenants pay rent for storefront space within the mall.
2. Food and Beverage Leasing: Leasing restaurant, cafe, fast food, and specialty dining space to F&B operators
3. Entertainment Leasing: Leasing space to entertainment operators including VOX Cinemas, Magic Planet, and Green Sport Academy
4. Mall Gift Cards: Sale of mall gift cards redeemable at 6,000+ stores across Majid Al Futtaim malls
5. Ancillary Services: Revenue from mall services including valet parking, car wash, and other customer services

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

City Centre Ajman is a physical shopping and leisure mall that leases retail space to fashion, beauty, technology, and specialty stores, and leases food and beverage and entertainment space to operators such as VOX Cinemas, Magic Planet, and Green Sport Academy. It also sells Mall Gift Cards redeemable across 6,000+ Majid Al Futtaim mall stores and earns ancillary service revenue from valet parking, car wash, and other on-site services. The mall generates the majority of its income from recurring tenant leasing arrangements supplemented by gift card and ancillary service fees.

Product overview

City Centre Ajman is a shopping mall operated by Majid Al Futtaim Properties, serving as Ajman's leading shopping and leisure destination. The mall operates as a single unified retail property offering shopping across 5,000+ stores, dining options, and entertainment venues including VOX Cinemas, Magic Planet, and Green Sport Academy. The property's digital ecosystem includes SHARE loyalty rewards program for point earning/redemption, Mall Gift Cards redeemable across 6,000+ stores, and integrated payment options via SHARE Pay with Tabby buy-now-pay-later service. Supporting services include Baby Care Rooms, Car Wash, Valet Parking, Power Bank rentals, and Wheelchair assistance. The mall is open Weekdays 10:00 AM – 10:00 PM and Weekends 10:00 AM – 12:00 AM.

Differentiator

Problem solved

Functional benefit

Brands

• SHARE: Loyalty rewards application for earning and redeeming points on in-mall purchases across 5,000+ stores in Mall of the Emirates and City Centre malls.
• VOX Cinemas
• Magic Planet
• Green Sport Academy

Products and services

• SHARE Rewards Program

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature2 records

Partnerships

Four partnerships are on record, tiered core and minor.

• TabbycoreGTM or Marketing PartnerTabby is a buy-now-pay-later payment partner integrated with the SHARE Pay checkout system. Customers can split purchases into flexible installments across all participating stores at City Centres UAE. This partnership enhances the shopping experience by offering flexible payment options to customers.
• VOX CinemascoreChannel Partner/ Reseller/ DistributorVOX Cinemas is an entertainment tenant operating cinema facilities within City Centre Ajman, providing movie entertainment services to mall visitors.
• Magic PlanetcoreChannel Partner/ Reseller/ DistributorMagic Planet is a family entertainment center offering arcade games and recreational activities within City Centre Ajman.
• Green Sport AcademyminorChannel Partner/ Reseller/ DistributorGreen Sport Academy provides sports training and activities at City Centre Ajman, offering family-oriented fitness and recreation services.

Scale indicators2 records

Recent moves4 records

Expansion highlights3 records

Direct peers

• Yas Mall: Aldar-operated major mall in Abu Dhabi competing for UAE-wide retail and entertainment spend with a comparable multi-anchor tenant mix including cinemas and family attractions.
• City Centre Deira: MAF-operated City Centre mall in Deira, Dubai with a closely comparable mid-market positioning, tenant mix, and cinema plus family entertainment anchors.
• Mall of the Emirates: Flagship Majid Al Futtaim mall in Dubai and the anchor of the same SHARE rewards network, sharing tenants, brand positioning, and parent operator with City Centre Ajman.
• The Dubai Mall: Emaar-operated flagship mall in Downtown Dubai; a direct competitor pursuing the same shopping-plus-entertainment destination model at much larger scale.
• City Centre Mirdif: Another MAF-operated City Centre mall in Dubai with the same brand, loyalty program, and entertainment-anchored tenant mix as City Centre Ajman.

Others

• VOX Cinemas: Wholly-owned Majid Al Futtaim subsidiary operating the cinema anchor inside City Centre Ajman; an ecosystem participant rather than a direct mall competitor.

Emerging players

• American Dream: Triple Five-operated mega mall in New Jersey with an entertainment-anchored concept (theme park, water park, ice rink) closely paralleling City Centre Ajman's experience-led positioning.

Regional players

• Mall of Qatar: Major shopping and entertainment destination in Doha with a comparable fashion, F&B, cinema, and family entertainment tenant mix targeting GCC consumers.
• The Avenues: Premier multi-phase shopping mall in Kuwait offering a parallel mix of retail, dining, and entertainment anchored by cinemas and family attractions across the GCC catchment.

Broad incumbents

• Unibail-Rodamco-Westfield: Global leader in premium shopping centre operations; a broad incumbent in the same mall-operator category as City Centre Ajman but with international flagship assets rather than regional mid-tier malls.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/city-centre-ajman

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries4 records

Funding overview

Funding rounds

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 City Centre Ajman