HeadquartersDubai, UAE
IndustryReal Estate, Retail

About

Majid Al Futtaim's first mall, City Centre Deira, opened in Dubai on 28 November 1995. In 2019 the company announced a Dh377 million revamp of the mall, which it described as mainly remerchandising within the existing leasable area.

Key figures

AED 35.9 billionConsolidated revenueFY2025▲ +6%
AED 5.1 billionEBITDAFY2025▲ +10%
AED 3.6 billionNet profitFY2025▲ +41%
AED 22 billion+UAE revenueFY2025▲ +11%
AED 11.9 billionNet debtFY2025▼ -15%
10 million+SHARE membersFY2025

Figures are as published by the sources listed on this page. Where a figure comes from the company itself we have not audited it.

Mission and aims

To create great moments for everyone, every day (as quoted in company profiles; confirm on majidalfuttaim.com).

Scope of operations

  • Malls and retail, including City Centre malls
  • SHARE loyalty programme
  • Sustainability pledge: Net Positive 2040

Founders and key people

  • Ahmed Galal Ismail Chief Executive

Timeline

  1. 1995City Centre Deira opens (28 November), the first mall in the portfolio
  2. 2019Dh377 million revamp of City Centre Deira announced
  3. 202530 years of operations

Current job openings

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