--- title: "Dubai South\'s AED 62 Billion Development: What the Majid Al Futtaim Partnership Means for the Area" slug: "dubai-south-and-majid-al-futtaim" developer: "Dubai Developer" community: "Dubai" starting_price_aed: 0 handover: "Q4 2028" payment_plan: "60/40" canonical_url: "https://laureateproperties.ae/dubai-south-and-majid-al-futtaim/" --- # Dubai South's AED 62 Billion Development: What the Majid Al Futtaim Partnership Means for the Area > **Executive Answer**: Dubai South's AED 62 Billion Development: What the Majid Al Futtaim Partnership Means for the Area Dubai South is set to welcome a major new mixed-use development following a strategic pa ## Key Project Facts - **Developer**: Dubai Developer - **Location**: Dubai - **Starting Price**: AED 0 - **Handover Date**: Q4 2028 - **Payment Structure**: 60/40 ## Investment & Milestone Schedule | Milestone Phase | Allocation (%) | Trigger Event | | :--- | :--- | :--- | | Down Payment | 20% | On Booking / Registration | | Construction Milestones | 40% | Linked to Construction Progress | | Handover | 40% | Upon 100% Project Delivery | ## Detailed Description Dubai South's AED 62 Billion Development: What the Majid Al Futtaim Partnership Means for the Area Dubai South is set to welcome a major new mixed-use development following a strategic partnership between Dubai South and Majid Al Futtaim. Announced on 19 May 2026, the AED 62 billion project will cover approximately 22 million square feet and bring together residential, retail, and lifestyle offerings in one master-planned community. According to the official Dubai South announcement, the development is expected to include a large shopping mall as its central retail and entertainment destination. The announcement marks another significant step in Dubai South's evolution as a major urban, aviation, logistics, and residential destination. For property buyers and investors following Dubai's expanding real estate market, the partnership raises important questions about the area's future development, infrastructure, and residential appeal. What Is the Dubai South and Majid Al Futtaim AED 62 Billion Development? The project is a planned mixed-use master community that will be developed through a partnership between Dubai South and Majid Al Futtaim. Spanning approximately 22 million square feet, the development is intended to serve the growing population of Dubai South and surrounding areas. Its planned components include residential, retail, and lifestyle offerings, with a large shopping mall forming the centrepiece of the destination. The partnership brings together Dubai South's master-development platform and Majid Al Futtaim's regional portfolio of shopping malls, retail destinations, communities, and leisure experiences. The development is valued at AED 62 billion, making it one of the major announced projects within Dubai's expanding southern corridor. However, detailed information about the development has not yet been publicly confirmed. Specific residential property types, unit numbers, project phases, prices, payment plans, and construction timelines remain subject to further announcements. Key Details of the Dubai South Development The following details have been confirmed in the official announcement: Project DetailInformationDevelopmentDubai South and Majid Al Futtaim Master CommunityDevelopment ValueAED 62 BillionTotal AreaApproximately 22 Million Sq. Ft.Development TypeMixed-Use Master CommunityPartnersDubai South and Majid Al FuttaimPlanned ComponentsResidential, Retail and LifestyleMain AttractionLarge Shopping MallLocationDubai South, near Al Maktoum International AirportAnnouncement Date19 May 2026 Further details about the residential offering and development schedule are expected to be announced separately. Why Is Majid Al Futtaim's Involvement Important? Majid Al Futtaim is one of the region's established developers and operators of shopping malls, retail destinations, residential communities, and leisure experiences. Its portfolio includes well-known destinations such as Mall of the Emirates and City Centre shopping malls. The company has also developed residential communities that integrate homes with retail, leisure, and everyday services. Its involvement in Dubai South is therefore significant because the partnership is not limited to adding residential buildings. The announced development is planned as an integrated destination combining homes, shopping, and lifestyle experiences. The large shopping mall is expected to serve as a central attraction for residents and visitors. Retail, entertainment, and leisure facilities can also contribute to the everyday convenience and activity of a residential community. For Dubai South, the partnership represents an opportunity to expand its range of residential and lifestyle facilities as the district continues to develop. Dubai South's Strategic Location Near Al Maktoum International Airport Location is one of the main factors behind the significance of this development. Dubai South is centred around Al Maktoum International Airport and forms part of Dubai's wider aviation, logistics, and economic development plans. Its location also provides access to major highways and transport corridors connecting different parts of the emirate. Al Maktoum International Airport is planned to become the world's largest airport upon completion. Readers can explore the airport's development and infrastructure updates through the official Dubai Airports website. As airport-related infrastructure and business activity expand, Dubai South is positioned to play an increasingly important role in the city's southern growth corridor. For residents, the area's development could bring additional employment opportunities, services, and lifestyle facilities. For businesses, its location offers proximity to aviation, logistics, and other economic hubs. However, the long-term impact will depend on how infrastructure projects progress and how quickly the surrounding urban environment develops. How Could the Development Shape Dubai South's Real Estate Market? The AED 62 billion partnership adds another major development to Dubai South's long-term urban growth plans. A successful mixed-use community typically brings together several elements that support residential demand, including housing, retail, leisure, and convenient access to everyday services. The planned shopping mall could become an important lifestyle destination for the surrounding population. Combined with residential and other lifestyle components, it may help strengthen Dubai South's position as more than an area focused primarily on aviation and logistics. The development could also increase interest in the wider district among homebuyers who value access to retail, leisure, and employment centres. Nevertheless, the announcement alone does not establish future property prices or rental performance. Actual market outcomes will depend on the development's delivery, residential supply, infrastructure improvements, affordability, and demand from end users. Buyers should therefore evaluate individual properties and communities rather than assume that every location within Dubai South will benefit equally. What Should Property Buyers and Investors Consider? The announcement creates an opportunity to follow Dubai South's future development, but buyers should distinguish between confirmed information and expectations. Before making a property decision in the area, consider the following factors: 1. Development Progress Monitor official announcements about the master community, including its development phases, construction schedule, and residential offering. 2. Location and Connectivity Compare individual communities based on their access to major roads, Al Maktoum International Airport, employment areas, and planned lifestyle facilities. 3. Existing Residential Supply Review available apartments, villas, and townhouses in established and emerging Dubai South communities. Compare their prices, layouts, amenities, and proximity to key facilities. 4. Rental Demand and Resale Potential Consider the area's existing population, employment opportunities, infrastructure, and tenant demand. A major development announcement should not be treated as a guarantee of rental income or capital appreciation. 5. Purchase Price and Ownership Costs Compare the asking price with similar properties and consider service charges, maintenance expenses, payment obligations, and potential resale demand. For investors considering off-plan opportunities, it is also important to verify the developer, project registration, payment plan, contractual terms, and expected handover date before committing. What Has Not Yet Been Announced? Although the partnership and the overall development scale have been confirmed, several important details remain undisclosed: The official name of the master community. The number of residential units. Whether the residential offering will include apartments, villas, or townhouses. The names of individual residential phases. Starting property prices. Payment plans and booking details. Construction commencement and completion dates. Expected handover schedules. Buyers should be cautious of unofficial listings or claims suggesting that specific units, prices, or payment plans are already available without verifiable confirmation from the relevant parties. The Bigger Picture: Dubai South's Next Stage of Growth The partnership between Dubai South and Majid Al Futtaim reflects the wider shift towards integrated communities across Dubai. As the emirate continues to expand its infrastructure and economic activity, residential destinations are increasingly being planned around more than housing alone. Retail, entertainment, leisure, employment, and connectivity all play a role in creating communities that can serve residents over the long term. The proposed 22-million-square-foot development adds a major retail and lifestyle component to Dubai South's growth plans. Its proximity to Al Maktoum International Airport also places it within one of the emirate's important long-term development corridors. The success of the project will ultimately depend on its execution, infrastructure delivery, residential demand, and the quality of the completed community. For anyone following Dubai's property market, it is a development worth monitoring as more official details become available. Frequently Asked Questions 1. What is the AED 62 billion Dubai South development? It is a planned mixed-use master community announced through a partnership between Dubai South and Majid Al Futtaim on 19 May 2026. The development will cover approximately 22 million square feet and include residential, retail, and lifestyle offerings. 2. Who is developing the new Dubai South community? The project is a partnership between Dubai South and Majid Al Futtaim. The collaboration combines Dubai South's master-development role with Majid Al Futtaim's experience in retail, shopping malls, communities, and leisure destinations. 3. Where will the AED 62 billion development be located? The master community will be developed within Dubai South, near Al Maktoum International Airport. The location also offers access to major highways and transport corridors connecting Dubai's economic and logistics hubs. 4. What will the new Dubai South community include? The announced development is planned to include residential, retail, and lifestyle offerings. A large shopping mall will serve as a key retail, entertainment, and lifestyle destination within the community. 5. How large is the Majid Al Futtaim development in Dubai South? The planned master community will cover approximately 22 million square feet, with a stated development value of AED 62 billion. 6. Have property prices and payment plans been announced? No confirmed residential starting prices or payment plans were included in the official announcement. Buyers should wait for verified information from the project partners before making financial commitments. 7. Is the Dubai South and Majid Al Futtaim project available for purchase? The initial announcement did not provide confirmed residential unit details, sales launch information, or booking arrangements. Buyers should verify any availability claims directly with the relevant project partners. 8. Will the development increase property demand in Dubai South? The project could strengthen the area's residential and lifestyle offering by introducing additional retail and community facilities. However, its effect on property demand, rental yields, and resale values will depend on actual delivery, market conditions, infrastructure, and buyer preferences. Explore Dubai South Real Estate Opportunities with Laureate Properties Dubai South continues to attract attention as an emerging destination within the emirate's wider real estate and infrastructure plans. The AED 62 billion partnership with Majid Al Futtaim adds another major development to watch. At Laureate Properties, we help buyers explore residential opportunities across Dubai and compare properties based on location, developer reputation, community facilities, and investment objectives. Explore https://laureateproperties.ae/area-guide/">Dubai South properties and communities</a> with Laureate Properties and speak with our team to discover available residential opportunities in the area.