Mirdif City Centre hands over single largest unit - 25,000 sq metres of entertainment

Notes and media contacts

About Majid Al Futtaim Properties:

Majid Al Futtaim Properties, a subsidiary of the Majid Al Futtaim Group, primarily focuses on the development of shopping malls, hotels and mixed-use community projects across the region. An ambitious growth and marketing strategy has enabled the company to build and maintain a leading position in shopping malls throughout the Middle East. It has nine operating centres totalling 720,000 square metres of GLA including 4 centres in UAE, 2 in Egypt, 2 in Oman and 1 in Bahrain.

Welcoming over 107m customers a year, the operating centres under the Majid Al Futtaim Properties portfolio have revolutionised the retail industry over the past 15 years with breakthrough developments such as Ski Dubai (the first indoor Ski Resort in the Middle East), Mall of the Emirates (the first shopping resort in the Middle East) and the popular City Centre franchise that has been exported across the region.

The hospitality business focuses on the development and asset management of hotels attached to shopping malls or within master-planned communities and stand-alone mid-scale and budget hotels. The business enjoys a strategic alliance with Kempinski and Accor, and is well positioned to capitalise on the booming tourism and travel markets in the region.

Mixed Use Communities under Majid Al Futtaim Properties is an asset management unit that focuses primarily on developing a mix of residential and commercial properties throughout the Middle East and North Africa. Working closely with other asset categories units under Majid Al Futtaim Properties; the Mixed Use Communities Unit's projects are by-and-large developed in joint ventures with international and regional institutions, providing a unique appeal that contributes to the relevant local marketplace. The Wave, Muscat is one such flagship project based in Oman and is a joint venture between the Oman-based Waterfront Investments, National Investment Funds Company representing the Omani pension funds and Majid Al Futtaim Group.

For more information, please contact:

Komal Manglani
Polaris Public Relations
Tel: +9714-3415555
Fax: +9714-3415588