Majid Al Futtaim will reveal details about its first independently owned master development in Dubai early next year. The developer is currently in talks with a number of leading global, regional and local masterplanners with a view to reaching a final agreement on the plan towards the end of 2016.
Covering an area of 740,000 sq m, the project is strategically located on Sheikh Mohammed Bin Zayed Road. It will feature premium quality apartments and ‘city houses’ within landscaped neighbourhoods, including parks and animated boulevards, according to Hawazen Esber, CEO of Communities at Majid Al Futtaim - Properties.
It will also boast a shopping mall offering a wide range of retail, leisure, healthcare and entertainment offerings, as well as commercial facilities, he added.
“We aim to redefine the living experience in Dubai by creating a fully-integrated mixed-use destination that inspires people to celebrate life to its fullest every day. It will bring together the best residential, commercial, retail, hospitality, leisure and entertainment experiences Majid Al Futtaim has to offer,” he said.