Majid Al Futtaim Properties for Sale

About Majid Al Futtaim

Majid Al Futtaim Holding is a prominent Emirati holding company headquartered in Dubai. Established in 1992 by founder Majid Al Futtaim, this family-owned conglomerate is widely recognized for its ownership and operation of shopping malls, retail outlets, and hotels across the Middle East and North Africa. Notably, the company is celebrated as the proprietor of the renowned Mall of the Emirates in Dubai and holds the franchise for the French hypermarket chain Carrefour in the Middle East, North Africa, and Central Asia.

The company, Majid Al Futtaim, owns and runs 22 shopping malls like Mall of the Emirates, Mall of Egypt, and City Centre malls. They also have 12 hotels, 3 mixed-use communities, and are the exclusive franchise for Carrefour in 38 markets across the Middle East, Africa

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Frequently Asked Questions (FAQs)

What does Majid Al Futtaim do?

Majid Al Futtaim is a leading regional conglomerate focusing on shopping malls, retail, hotels, communities, financial services, and leisure experiences across the Middle East, North Africa, and Asia.

What are some of Majid Al Futtaim's most well-known brands?

Carrefour, VOX Cinemas, City Centre malls, Pullman hotels, and Kempinski hotels are just a few examples.

What types of real estate projects does Majid Al Futtaim develop?

They primarily focus on master-planned communities with residential, commercial, and retail components. You'll find apartments, townhouses, villas, luxury mansions, and even waterfront properties in their portfolio.

Where are Majid Al Futtaim's real estate projects located?

Most projects are currently focused on Dubai, UAE, with specific developments like Tilal Al Ghaf, Al Waha, and the future Elysian Mansions gaining recognition. However, they're expanding regionally and have expressed interest in other markets.

Who can buy property from Majid Al Futtaim?

Anyone, including local and international buyers, can purchase properties in their developments. There may be some specific eligibility requirements for certain projects.

What are the payment options available?

They offer various payment plans, including off-plan installments, cash payments, and mortgages. Specific details vary depending on the project and individual financial circumstances.

What are the ownership arrangements?

Most properties are freehold, meaning full ownership with a land title. Some projects may offer leasehold options for specific units.

What are the investment potential and expected returns?

Majid Al Futtaim developments are generally considered good investments due to their location, quality, and brand reputation. Rental yields and property value appreciation can be attractive, but always depend on market conditions and specific unit choices.