A Landmark AED 62 Billion Development Shaping Dubai’s Next Growth Hub

  • A Landmark AED 62 Billion Development Shaping Dubai’s Next Growth Hub

The agreement, signed between Dubai South and Majid Al Futtaim, marks a transformative milestone for the district, which is rapidly emerging as Dubai's next major urban and economic corridor. The project is designed to support the emirate's long‑term expansion strategy and aligns with the Dubai Economic Agenda D33, which focuses on sustainable, future‑ready communities.

Spanning 22 million square feet, the master community will feature:

Residential districts designed for families and professionals

Retail and lifestyle zones anchored by a world‑class shopping mall

Entertainment and leisure destinations

Community-focused amenities supporting long-term population growth

A Mega Mall at the Heart of the Community
At the center of the development will be a large Majid Al Futtaim shopping mall, positioned to become a major retail, entertainment, and lifestyle destination for both residents and visitors. Majid Al Futtaim the developer behind Mall of the Emirates and City Centre malls brings decades of expertise in creating high‑impact retail destinations.

The mall is expected to include:

Flagship retail brands

Dining and entertainment hubs

Family attractions

Integrated outdoor and indoor leisure spaces

Strategic Location Near the Future World's Largest Airport
The new community will rise next to Al Maktoum International Airport, which is set to become the world’s largest airport once fully completed. This strategic location ensures:

Seamless access to major highways

Connectivity to Dubai's logistics and economic hubs

Strong appeal for residents working in aviation, logistics, and global trade sectors

Leadership Statements Highlight Dubai's Long-Term Vision
Nabil Alkindi, Group CEO of Dubai South, emphasized that the project reinforces Dubai’s position as a global destination for investment and quality living, supporting the emirate's sustainable economic expansion.

Ahmed Galal Ismail, CEO of Majid Al Futtaim Holding, highlighted the company’s long‑term confidence in Dubai's growth and described Dubai South as the next major chapter in the city's development.

Economic Impact: A Boost to Multiple Sectors
The AED 62 billion development is expected to significantly support:

Retail and tourism through the new mega mall

Residential demand in Dubai's fastest-growing district

Commercial and logistics sectors due to proximity to the airport

Urban expansion goals under Dubai's D33 agenda

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