Al Futtaim Group started their specialisation in the years 1930s and expanded their business rapidly in 1940s & 1950s as the retail, Automotive, Real Estate and Financial Services. The real estate arm of Al Futtaim group is responsible towards development of gigantic projects, origination, procurement, conception in the UAE and other countries. The company offers commercial projects, residential projects and educational facilities. Till Date the developers has delivered three residential projects named Al Badia Residences, Marsa Plaza and Al Badia Hillside within its own established city Dubai Festival City. Al Futtaim also has 200000 Sq.ft spaces for Showroom and 600000 Sq.ft of space for workshop Umm Al Quwain, Fujairah, Sharjah, Ajman, Dubai & Abu Dhabi.
Majid Al Futtaim is an privately owned global investment company that develops and manages an extensive portfolio of companies focuses on development and asset management of hotels connected to or close to the company's shopping malls and within it master-planned communities. The Company was established in year 1992 with the directive of managing key, large scale, Dubai homes and initiatives. Dubai Holding Corporate office headquarter is located in Dubai, United Arab Emirates.
It is a forward thinking organization that believes in creating innovative developments. The group was established by Majid Al Futtaim as Owner of the Company. Manages three major operation subsidiaries include Majid Al Futtaim Properties, Majid Al Futtaim Retail and Majid Al Futtaim Ventures. Also manages Companies investments in projects and initiatives that will deliver new creativity, infrastructure and technological excellence. The Company worked with 13 different countries such as UAE, Lebanon, Egypt, Saudi Arabia, Oman, Bahrain, Kuwait, Qatar, Jordan, Pakistan, Iraq, Armenia and Georgia.
Majid Al Futtaim Property development owns and manages shopping malls and hotels throughout the MENA region. The hotel business unit focuses on the development and asset management of hotels connected to or close to the company's shopping malls within its master-planned communities. Mall of Emirates located in Al Barsha on Sheikh Zayed Road in Dubai, becomes main attraction for peoples in Dubai, since it opening at 2005. Their are more than 360 international stores and 42 million visitors are welcomed annually. Other malls such as Mall of Egypt, Saudi, and City Center are the malls with large brand of collections, mixed-use shopping destinations, complete with retail stores, restaurants and entertainment facilities, aimed to cater to the needs of tourists, residents and professionals working in the area.
The aim of the MAF is to provide luxurious living experience by creating fully integrated communities which integrate Majid Al Futtaim’s residential, commercial, retial, leisure and entertainment experiences.
Al Mouj Muscat is premium community of residential properties interspersed with green spaces, pedestrian walkways and inland waterways, retail and dining facilities, a 400-berth marina and golf course. Other than these other residential projects includes Al Zahia, Waterfront City Business Park, Tital Al Ghaf . In retail sector investment company established and manages commercial projects like hypermarkets and supermarkets, fashion and specialty retail stores. In Ventures group, company offers amenities such as cinemas, leisure and entertainment, financial services, fashion and healthcare and JVs in facility management and food and beverages. Ventures is the unit of Majid Al Futtaim Group.