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Majid El Futtaim

Majid El Futtaim

United Arab Emirates
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Core Evaluation

Comprehensive assessment of developer's core competencies

Track Record

Majid Al Futtaim (MAF) is a major conglomerate based in the UAE, active in real estate through its MAF Properties division. It has developed landmark retail and mixed-use assets, including Mall of the Emirates (with Ski Dubai), City Centre malls across multiple emirates, Dubai Festival City, and large-scale residential communities like Tilal Al Ghaf and Al Zahia in Sharjah. These developments span from 1995 to present and combine lifestyle, retail, and entertainment seamlessly.

Financial Credibility

MAF holds over USD 9 billion in annual revenues, with real estate supported by strong balance sheets. They’ve expanded steadily, launching multiple phases across residential and retail segments. Their DLD memorandum and recurring mega-project investments indicate steady capital availability and investor backing.

Project Quality

MAF developments are known for high standards and integrated experiences. The community of Tilal Al Ghaf features private lagoons, beaches, parks, villas, townhouses, apartments, cycling and running paths, plus retail hubs and schools. Al Zahia offers townhomes and apartments with gym, pools, clubhouse, and a city-centre mall. Urban retail assets such as Mall of the Emirates include entertainment, dining, and luxury finishes. Masterplan communities like Ghaf Woods promise forest-integrated living and underground parking, demonstrating ambition in design and amenity mix.

Legal & Regulatory Standing

MAF maintains a reputable standing with regulators and the DLD. It signed an MoU with DLD in 2018, joined strategic initiatives, and receives official recognition. A recent board restructuring initiated by a Dubai judicial committee reflects corporate governance evolution but does not affect operational continuity according to official statements.

Customer Experience

Public feedback is mixed but generally positive. Reddit forums note that MAF is perceived as reliable and top-tier in mall and entertainment delivery. One user commented: “Majid al futtaim is priced as top tier although they have not proven themselves in residential development” . Meanwhile, interest in newer communities like Tilal Al Ghaf and Ghaf Woods remains high due to innovative design and quality promises.

Market Reputation

MAF is widely seen as a premier developer in the UAE. Their retail empire and successful community projects such as Tilal Al Ghaf and Al Zahia boost their reputation. Reddit users recommend Ghaf Woods for its ambitious greenery approach: “I stand by Ghaf Woods… it’s truly incredible!” .

Innovation & Sustainability

MAF leads in eco-conscious development. Tilal Al Ghaf offers lagoon beaches, cycling trails, and forest-style living. Ghaf Woods emphasizes verdant design, underground parking, and walking culture. Reddit highlights sustainability features like woodland ambiance, improved air quality, and green living as key draws .