Dubai South has signed a strategic agreement with Majid Al Futtaim to develop a fully integrated mixed-use community valued at AED 62 billion, marking a new step in strengthening Dubai South’s position as one of the emirate’s key areas for urban and economic growth.

The project comes as part of Dubai’s wider direction to create modern communities that bring together living, working, shopping, and entertainment in one connected destination. It is also designed to meet the growing needs of residents in Dubai South and nearby areas, while supporting the emirate’s plans for sustainable urban expansion.

The signing ceremony took place at Dubai South’s headquarters in the presence of His Excellency Khalifa Al Zaffin, Executive Chairman of Dubai Aviation City Corporation and Dubai South, and Fadel Abdulbaqi Al Ali, Chairman of Majid Al Futtaim Holding. The agreement was signed by Nabil Al Kindi, CEO of Dubai South Properties, and Ahmed Galal Ismail, Chief Executive Officer of Majid Al Futtaim Holding.

Spanning 22 million square feet, the new development will include a variety of residential and commercial units, along with modern facilities that aim to provide residents and visitors with a complete lifestyle experience. The project will also feature a major shopping mall, expected to become an important destination for retail, entertainment, and lifestyle offerings in the area.

The new community enjoys a strategic location near Al Maktoum International Airport, which is expected to become the world’s largest airport upon completion. It will also benefit from direct access to key road networks and major transport routes, as well as its proximity to Dubai South’s important economic and logistics hubs.

Nabil Al Kindi said that Dubai continues to reinforce the strength of its economy and development path through strategic projects that support its global position as a destination for investment, business, and quality of life. He added that the partnership with Majid Al Futtaim represents an important milestone in the growth of Dubai South and aligns with the objectives of the Dubai Economic Agenda D33, as well as the leadership’s vision to develop integrated communities ready for the future.

Ahmed Galal Ismail said the agreement reflects Majid Al Futtaim’s long-term confidence in Dubai’s growth and the company’s commitment to developing integrated destinations that create sustainable economic value. He noted that Dubai South is now one of the emirate’s most dynamic development areas, and that the new project represents an important investment in a strategic location combining retail, entertainment, hospitality, and residential offerings.

The project represents a valuable addition to Dubai South’s ongoing development journey, further strengthening its role as a major urban destination supported by advanced infrastructure and strong connectivity to Dubai’s key economic corridors. It is also expected to contribute to the growth of several important sectors, including retail, tourism, housing, and business, in line with Dubai’s broader vision for sustainable economic and urban development.

This agreement highlights Dubai’s continued focus on major projects that improve quality of life and create integrated environments for residents, businesses, and investors, while reinforcing the emirate’s position as a city capable of anticipating the future and creating new opportunities.