Signing ceremony at Dubai South headquarters marking the AED62 billion mixed-use master community agreement with Majid Al Futtaim, attended by senior leadership including Khalifa Alzaffin, Fadel Abdulbaqi Al Ali, Nabil Alkindi, and Ahmed Galal Ismail
The agreement was signed at Dubai South headquarters in the presence of Khalifa Alzaffin, Executive Chairman of Dubai Aviation City Corporation and Dubai South, and Fadel Abdulbaqi Al Ali, Chairman of Majid Al Futtaim Holding. Nabil Alkindi, Group CEO of Dubai South, and Ahmed Galal Ismail, CEO of Majid Al Futtaim Holding, formalized the partnership.
Covering 22 million square feet, the master-planned project will include a blend of residential, retail, and lifestyle components aimed at serving the expanding population of Dubai South and nearby communities. A major shopping mall will anchor the development, positioning it as a prominent destination for retail, entertainment, and leisure.
Strategically located near Al Maktoum International Airport — expected to become the world’s largest airport once completed — the community will offer strong connectivity through major highways and transport networks, with easy access to Dubai’s leading economic and logistics centres.
Alkindi said Dubai continues to showcase the resilience and strength of its economy through strategic projects that strengthen its status as a global hub for investment, business, and quality living. He added that the collaboration with Majid Al Futtaim represents a significant milestone in Dubai South’s ongoing expansion, supporting the goals of the Dubai Economic Agenda D33 and the leadership’s vision for sustainable urban and economic growth.
Ismail noted that the agreement reflects Majid Al Futtaim’s long-term confidence in Dubai’s growth trajectory and its commitment to developing destinations that create enduring economic value. He added that Dubai South is shaping up to be the city’s next major growth corridor, making it an ideal location for the company’s next mixed-use community development.
Dubai South has entered into an agreement with Majid Al Futtaim to develop a landmark AED62 billion mixed-use master community within Dubai South.
The agreement was signed at Dubai South headquarters in the presence of Khalifa Alzaffin, Executive Chairman of Dubai Aviation City Corporation and Dubai South, and Fadel Abdulbaqi Al Ali, Chairman of Majid Al Futtaim Holding. Nabil Alkindi, Group CEO of Dubai South, and Ahmed Galal Ismail, CEO of Majid Al Futtaim Holding, formalized the partnership.
Covering 22 million square feet, the master-planned project will include a blend of residential, retail, and lifestyle components aimed at serving the expanding population of Dubai South and nearby communities. A major shopping mall will anchor the development, positioning it as a prominent destination for retail, entertainment, and leisure.
Strategically located near Al Maktoum International Airport — expected to become the world’s largest airport once completed — the community will offer strong connectivity through major highways and transport networks, with easy access to Dubai’s leading economic and logistics centres.
Alkindi said Dubai continues to showcase the resilience and strength of its economy through strategic projects that strengthen its status as a global hub for investment, business, and quality living. He added that the collaboration with Majid Al Futtaim represents a significant milestone in Dubai South’s ongoing expansion, supporting the goals of the Dubai Economic Agenda D33 and the leadership’s vision for sustainable urban and economic growth.
Ismail noted that the agreement reflects Majid Al Futtaim’s long-term confidence in Dubai’s growth trajectory and its commitment to developing destinations that create enduring economic value. He added that Dubai South is shaping up to be the city’s next major growth corridor, making it an ideal location for the company’s next mixed-use community development.
