Majid Al Futtaim Properties
Top 50 Real Estate Developers in MENA 2021

Majid Al Futtaim Properties

Rank: 7

Country: U.A.E.

CEO: Ahmed Galal Ismail

Date of establishment: 1994

Majid Al Futtaim Properties operates 28 shopping malls, owns 13 hotels, and manages five mixed-use communities. The company reported $486.8 million in revenues and total assets of $12 billion by H1 2021, a 5.2% increase compared to H1 2020. The company’s properties arm opened the largest mall in the Northern Emirates in Sharjah in March 2021, with gross leasable space of 136,200 square meters.