Majid Al Futtaim, founded in 1992 by Majid Al Futtaim, has become a leading developer in the Middle East, Africa, and Asia. The company is known for its vibrant shopping malls, homes, hotels, and entertainment venues. Their mission is simple: “Creating great moments for everyone, every day,” which enhances people's everyday experiences. Recently, they announced a significant AED 1.57 billion contract to develop Serenity Mansions, setting a new luxury living standard in Dubai. Additionally, they are introducing over 30 high-end Italian and international fashion brands across the UAE and Saudi Arabia. Every project reflects fresh ideas and a focus on the future, as Majid Al Futtaim works to shape a lively lifestyle for all.
Majid Al Futtaim is doing really well financially and is growing steadily. In 2024, the company hit an impressive revenue of AED 9.1 billion. This is a 23% increase compared to the previous year, thanks to strong results from its shopping malls, communities, and hotels.
By the end of 2023, its total assets reached AED 69.7 billion. This shows that the company has a solid investment strategy and is focused on creating long-term value. People trust Majid Al Futtaim, as it has strong credit ratings and keeps the confidence of investors in markets around the world.
Majid Al Futtaim is known for creating amazing projects in many countries, including the UAE, Egypt, Oman, Bahrain, and Saudi Arabia. Some of their most famous developments are:
Majid Al Futtaim has won many awards that show why they are leaders in real estate, sustainability, and retail.
Majid Al Futtaim is a leader in promoting sustainable development. Their vision is simple: “Dare Today, Change Tomorrow.” They aim to improve the environment by reducing carbon and water impacts in their operations. They are dedicated to building green buildings that meet LEED and WELL standards in every new project. Additionally, they believe in connecting with local communities by supporting education, culture, and health initiatives. In their 2023 Sustainability Report, they highlight the progress they’ve made in caring for the environment and being socially responsible. As a proud partner of Majid Al Futtaim, SSG Seven Properties is here to help you explore some of the best developments in the region. If you’re looking for investment opportunities or need expert advice, reach out to us today.
