A 22 million square foot development is planned near Al Maktoum International Airport.
Dubai: Dubai South has signed an agreement with Majid Al Futtaim to develop a mixed-use master-planned community worth Dh62 billion within the Dubai South district, marking one of the largest new urban developments announced in the emirate.
The agreement was signed at the Dubai South headquarters in the presence of Khalifa Al Zaffin, Executive Chairman of Dubai Aviation City Corporation and Dubai South, and Fadel Abdulbaqi Al Ali, Chairman of Majid Al Futtaim Holding.
The deal was formalised by Nabil Alkindi, Group CEO of Dubai South, and Ahmed Galal Ismail, CEO of Majid Al Futtaim Holding.
Residential, retail components
Spanning 22 million square feet, the development will include residential, retail, and lifestyle elements designed to serve the growing population in Dubai South and surrounding areas.
The project will also feature a large shopping mall positioned as a retail, entertainment, and lifestyle destination for both residents and visitors.
The community will be located near Al Maktoum International Airport, which is planned to become the world’s largest airport upon completion. The site will also offer strong connectivity to major highways and transport corridors linking key economic and logistics hubs across Dubai.
Economic and urban growth plans
Nabil Alkindi said the partnership reflects Dubai’s continued economic growth and aligns with the Dubai Economic Agenda D33 and long-term plans to develop integrated communities that support sustainable urban expansion.
Ahmed Galal Ismail said the agreement reflects Majid Al Futtaim’s confidence in Dubai’s long-term growth prospects and its strategy of creating integrated destinations that combine retail, hospitality, entertainment, and residential components.
He added that Dubai South is emerging as a key growth corridor within the emirate, describing the project as a strategic investment in Dubai’s future economic development.
Supporting multiple economic sectors
The development is expected to contribute to Dubai’s retail, tourism, residential, and commercial sectors, while also supporting the emirate’s broader goals of economic diversification and sustainable growth.
Dubai South is one of the emirate’s largest master developments, focused on aviation, logistics, and real estate, while Majid Al Futtaim operates shopping malls, communities, retail, and leisure destinations across the Middle East, Africa, and Central Asia.
