New & Off-Plan Projects by Majid Al Futtaim
Get the best investment opportunities — let’s talk
Tamara Getigezheva
Co-Founder
Majid Al Futtaim Off-Plan Projects: Prices, Payment Plans & New Launches
Payment Plans & Prices
Majid Al Futtaim structures its payment plans around a 10% booking payment followed by construction-linked instalments, most commonly a 60/40 or 50/50 split between handover milestones. Serenity Mansions at Tilal Al Ghaf, for example, requires 10% on booking under a 60/40 payment plan, while earlier Tilal Al Ghaf launches such as Elan and Aura used a 10/45/5/40 structure through to completion.
Majid Al Futtaim New Launches 2026
Ghaf Woods remains Majid Al Futtaim's most active new-launch pipeline, with Capria introduced as one of the community's newest forest-living clusters following the sell-out of the earlier Serra and Lacina phases. Within the same community, Serra currently holds the nearest scheduled handover among Ghaf Woods clusters, at Q3 2027, with Cilia, Distrikt and Capria phased through 2029. At Tilal Al Ghaf, Serenity Mansions and Bo Monde represent the developer's newest villa-tier launches, both targeting handover around Q4 2027.
Property Types
Ghaf Woods is built primarily around 1-, 2- and 3-bedroom apartments, with select garden units and duplex layouts across its clusters, and saleable areas starting from about 834 sq ft for a 1-bedroom home. Tilal Al Ghaf covers a wider product range, from 3- to 4-bedroom townhouses in Elan through to 4- to 7-bedroom villas and mansions across Harmony, Aura, Elysian Mansions, Lanai Islands and Serenity Mansions, with the largest Serenity Mansions plots reaching 12,720 sq ft.
Get the Majid Al Futtaim New Launches Catalog
Leave your details and receive a free catalog of Majid Al Futtaim’s newest off-plan launches, including prices, payment plans and floor plans.
About Majid Al Futtaim
Founded in 1992 by the late Emirati businessman Majid Al Futtaim, the group built its reputation through the Mall of the Emirates — home to the Middle East's first indoor ski slope, Ski Dubai — and its City Centre mall network, before expanding into master-planned residential real estate through Majid Al Futtaim Properties. Following the founder's death in 2021, governance passed to a restructured board overseen by a special judicial committee established by the Ruler of Dubai, ensuring continuity of leadership and strategy.
Majid Al Futtaim Properties is the master developer of two freehold residential communities in Dubai: Tilal Al Ghaf, a lagoon-centred destination in Al Barsha South, and Ghaf Woods, a forest-themed community in Dubailand's Wadi Al Safa 4 district. Beyond Dubai, the wider Majid Al Futtaim Group operates shopping malls, hotels and mixed-use communities across the Middle East, Africa and Asia, including markets in Egypt, Oman and Lebanon, and employs more than 40,000 people.
For the twelve months ending 31 December 2025, Majid Al Futtaim reported Group consolidated revenue of AED 35.9 billion, up 6% year-on-year, with its real estate development business posting a 33% rise in revenue to AED 5.8 billion on strong demand across Tilal Al Ghaf and Ghaf Woods. Standard & Poor's and Fitch Ratings both reaffirmed the Group's 'BBB' credit rating in 2025, citing its financial resilience and diversified income base.
Majid Al Futtaim Key Facts
A snapshot of the numbers behind Majid Al Futtaim's residential development business in Dubai.
1992
Year Majid Al Futtaim was founded in Dubai, later growing into a diversified group spanning shopping malls, hospitality and residential communities.
AED 35.9 billion
Group consolidated revenue for FY2025 (+6% year-on-year), with the real estate development arm alone growing revenue 33% to AED 5.8 billion.
2 master communities
Tilal Al Ghaf and Ghaf Woods are both fully owned and managed by Majid Al Futtaim as master plans, rather than sold off as third-party sub-plots.
'BBB' credit rating
Rating reaffirmed by Standard & Poor's and Fitch in 2025, reflecting group-level financial capacity that is not solely dependent on off-plan buyer instalments.
Is Majid Al Futtaim a Good Investment?
Financially-Backed Delivery
With Group consolidated revenue of AED 35.9 billion in FY2025 and a 'BBB' credit rating from S& P and Fitch, Majid Al Futtaim’s construction pipeline is backed by diversified retail, hospitality and leisure income rather than relying purely on buyer payments.
Proven Demand & Track Record
Tilal Al Ghaf has recorded AED 26.35 billion in sales across 2,853 transactions since 2022, and Ghaf Woods sold out its first two launch phases, including Lacina, shortly after release.
Freehold Ownership & Golden Visa
Both Tilal Al Ghaf and Ghaf Woods are designated freehold areas open to foreign buyers, and off-plan units priced from AED 2 million are generally eligible for the UAE’s 10-year Golden Visa, subject to current immigration rules.
Capital Appreciation Potential
Community-level data reported by real estate portals points to double-digit price growth at Tilal Al Ghaf since its earliest launch phases, alongside average rental yields in the region of 6–8% per annum; buyers should treat these as market-level estimates rather than developer-guaranteed returns.
Key Areas by Majid Al Futtaim
Majid Al Futtaim's Dubai portfolio is concentrated in two purpose-built master communities rather than spread across the city. Tilal Al Ghaf sits in Al Barsha South along Hessa Street, between Dubai Sports City and Dubai Production City, and is centred on a roughly 70,000 sq metre swimmable lagoon with white-sand beaches. Ghaf Woods is located in Dubailand's Wadi Al Safa 4 district, adjacent to Global Village, and is built around dense, rewilded woodland spanning 11 residential clusters. Both areas sit inland from the coast but offer more direct access to Dubai's southern growth corridor, including Al Maktoum International Airport, than many of the city's beachfront communities.