Dubai South Launches New AED 62 Billion Community

Dubai South and Majid Al Futtaim have announced a landmark partnership to develop a new AED 62 billion mixed-use master community in Dubai South, marking one of the largest urban development projects in the U.A.E.

Spanning over 22 million square feet, the ambitious development will feature luxury residential neighbourhoods, world-class retail destinations, hospitality offerings, green spaces and lifestyle amenities designed to support Dubai’s expanding population and long-term economic vision.

Near Al Maktoum International Airport

The development enjoys a highly strategic location near Al Maktoum International Airport, which is expected to become the world’s largest airport upon completion. This prime positioning offers residents and businesses exceptional connectivity to Dubai’s key highways, logistics corridors and major economic centres.

With connectivity and infrastructure at its core, the development is expected to play a central role in transforming Dubai South into one of the city’s most desirable destinations for residents, investors and businesses.

Luxury Retail and Lifestyle

One of the defining highlights of the master community will be a major shopping mall, envisioned as an unprecedented retail, entertainment and leisure destination. The integrated community will blend modern architecture with premium lifestyle offerings, creating a vibrant environment where residents can live, work and socialise within a single destination.

The collaboration reflects Majid Al Futtaim’s expertise in creating iconic lifestyle destinations across the Middle East, Africa and Central Asia.

Supporting Dubai’s Economic Vision

Speaking about the partnership, Nabil Alkindi, Group CEO of Dubai South, highlighted that the project aligns with the Dubai Economic Agenda D33, supporting the emirate’s long-term vision for sustainable economic growth and integrated urban communities.

Ahmed Galal Ismail, CEO of Majid Al Futtaim Holding, also emphasised the company’s strong confidence in Dubai’s future growth, describing Dubai South as “the next major chapter” in the city’s development journey.

Effect on Dubai Real Estate

The AED 62 billion Dubai South development is expected to significantly boost Dubai’s residential, retail, tourism and commercial sectors. Analysts believe the project could further strengthen demand for property investment in Dubai South, particularly due to its proximity to Al Maktoum International Airport and future infrastructure expansion.

As Dubai continues to attract global investors, entrepreneurs and residents, master communities like this are set to shape the next phase of the emirate’s real estate market and reinforce its reputation as a leading destination for luxury living, business and innovation.