{"id":117394,"date":"2026-05-20T00:00:00","date_gmt":"2026-05-20T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/?p=117394"},"modified":"2026-05-20T02:48:38","modified_gmt":"2026-05-20T02:48:38","slug":"majid-al-futtaim-to-build-aed-62-bn-mega-community-in-dubai-south","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2026\/05\/20\/majid-al-futtaim-to-build-aed-62-bn-mega-community-in-dubai-south\/","title":{"rendered":"Majid Al Futtaim to build AED 62 bn mega-community in Dubai South"},"content":{"rendered":"<p><a target=\"_blank\" id=\"kix.8vnfy96j12da\"><\/a> <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Dubai <\/strong><strong>South is getting its next mega-development,<\/strong> <strong>this time from<\/strong><strong> UAE <\/strong><strong>conglomerate Majid Al Futtaim<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/mediaoffice.ae\/en\/news\/2026\/may\/19-05\/dubai-south-and-majid-al-futtaim\" style=\"\">press release<\/a>. The developer has signed on to build an AED 62 bn mixed-use community inside Dubai South.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details: <\/strong>The 22 mn sq ft project will include residential, retail, entertainment, and lifestyle assets aimed at the growing population clustering around Dubai\u2019s expanding logistics and aviation corridor. The site sits near what\u2019s set to become the world\u2019s largest airport, Al Maktoum International Airport.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>BACKGROUND- <\/strong>Dubai South\u2019s expansion gathered pace after the government approved the <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2024\/05\/14\/emirates-salik-and-more-report-1q-earnings\/\" style=\"\">AED 128 bn expansion<\/a> of Al Maktoum International Airport in 2024, a project designed to lift the airport\u2019s ultimate capacity to 260 mn passengers annually. The airport sits at the center of the wider Dubai South master development, which spans roughly 145 sq km.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The<\/strong><strong> freezone has been steadily expanding<\/strong> after it handed over 800 residential units <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2026\/01\/30\/this-morning-uae-eyes-investments-in-rosatoms-nuclear-projects-adnoc-ihc-out-of-the-race-for-lukoils-assets\/\" style=\"\">last year<\/a>. Another 1.3k units are set for delivery this year. The zone is also proving popular with players like DHL and UPS, which inked agreements to expand in the area. Overall, 653 new firms set up shop in Dubai South last year.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The real estate megaprojects keep coming:<\/strong> Just in the past week, Aldar said it was planning on rolling out 20 mn sqm worth of residential and mixed-use developments <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2026\/05\/13\/aldar-plans-20-mn-sqm-worth-of-developments-in-abu-dhabi\/\" style=\"\">in Abu Dhabi<\/a> as part of a <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2026\/04\/20\/etihad-adds-more-africa-routes-abu-dhabi-pushes-into-affordable-housing-more-support-measures-from-dubai-south-g42-backed-ai-firm-launches-new-model\/\" style=\"\">broader housing push<\/a>, while Brookfield and Alshaya said they\u2019re working on a 480k sq ft mixed-use development <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2026\/05\/08\/brookfield-and-alshaya-team-up-on-dubai-hills-project\/\" style=\"\">in Dubai Hills<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The developer will build a 22 mn sq ft mixed-use community<\/p>\n","protected":false},"author":1,"featured_media":117395,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1565],"tags":[2276,7,98],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-117394","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate","tag-dubai-south","tag-enterpriseam-uae","tag-real-estate","wpautop","entry"],"acf":{"mongo_id":"628231bc-53ae-442e-952d-9e873d9c04ac","order":"6","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/9\/455.jpg","photo_position":"above","homepage_title":"","full_issue_title":"MAF turns to Dubai South for its latest multi-bn project","related_issue":[117384],"teaser":"The developer will build a 22 mn sq ft mixed-use community"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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