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Majid Al Futtaim is a prominent Dubai-based corporation renowned for its impressive architectural structures and noteworthy projects. Its founder, an Emirati billionaire named Majid Al Futtaim, has significantly contributed to the company’s prominence. Additionally, the corporation holds the exclusive license to operate hypermarkets for the well-known French company, Carrefour, across the Middle East, North Africa, and Central Asia. Majid Al Futtaim also operates and owns various entertainment centers, including VOX Cinema, Magic Planet family entertainment centers, Orbi I Dubai, Ski Dubai, and Ski Egypt.
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Latest Projects
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Mercedes-Benz Places | Binghatti
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Downtown Dubai
Binghatti Hills
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Dubai Science Park
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Burj Binghatti Jacob & Co
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Jumeirah Village Circle
About Developer
Founded in 1992, Majid Al Futtaim is the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia. A remarkable business success story, Majid Al Futtaim started from one man’s vision to transform the face of shopping, entertainment, and leisure to create ‘great moments for everyone, every day’. It has since grown into one of the United Arab Emirates’ most respected and successful businesses spanning 15 international markets, employing 40,000 people, and obtaining the highest credit rating (BBB) among privately held corporates in the region. Read More Majid Al Futtaim has begun the construction phase of its recently launched Elan neighbourhood at Tilal Al Ghaf, which is expected to be completed by December 2022. On this occasion the company held the ceremony to demonstrate commitment to its customers and stability of the Dubai real estate market marked by growing confidence among property buyers. The new project will offer the sale of 594 units in phases one and two of Elan development. It is estimated to have a total sales value of AED 900 million.
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How to Buyin Dubai
<p>What does off-plan property mean?</p>
Signing a contract to purchase a property that has not yet been built is known as an off–plan property. It is more inexpensive for potential investors to invest in off-plan projects in Dubai than it is to purchase a built-in home, which is pricier. Dubai’s real estate market draws serious investors from around the world.
<p>Can anyone buy a property in Dubai?</p>
In contrast to many other nations, the real estate market in Dubai is open to anyone. You are free to purchase and own property in any of Dubai’s freehold neighborhoods.
<p>How can properties be registered in Dubai?</p>
Dubai Land Department is the sole, legally authorized entity to register and document all real estate transactions. This is done through an electronic system (e-register) dedicated to this purpose, in accordance with DLD’s specific procedures and based on certain documents and papers. The transactions undertaken by real estate developers are recorded through the developers’ self-registration system. The rest of the transactions must be completed by the owner(s) or their representatives, with an official power of attorney at the Real Estate Registration Trustee centres located in different regions across Dubai.
<p>Should real estate transactions be registered in Dubai Land Department?</p>
All real estate legislations in Dubai stress the necessity of registering all real estate transactions including ownership, transfer, or change with or without compensation in order to guarantee the rights of investors. All real estate transactions that are not registered in DLD’s registers are considered invalid.