Qatari Diar Competitors

Founded in 1992, Majid Al Futtaim is an Emirati-owned, diversified lifestyle conglomerate operating across the Middle East, Africa and Asia. The Group started from one man’s vision to transform the face of shopping, entertainment, and leisure to ‘Create Great Moments For Everyone, Everyday’. It has since grown into one of the region’s most respected businesses, employing 43,000 people, with owned assets valued at US$18 billion and has the highest credit rating (BBB) among privately held corporates in the region. Majid Al Futtaim owns and operates 29 shopping malls, 7 hotels and four mixed-use communities, welcoming more than 600 million customers through its doors every year.

Al Futtaim Group LLC

DAMAC Properties is the largest private real estate developer in the UAE and the Middle East. Since 2002, DAMAC Properties and DAMAC International have been synonymous with redefining luxury living, delivering iconic residential, commercial and mixed-use developments across the globe. Our portfolio spans more than 75 towers, with over 20 currently in various stages of planning and development. To date, DAMAC has delivered more than 50,000 homes, with over 54,000 additional units planned across 15 global cities, including Dubai, Riyadh, Toronto, and London. Renowned for pioneering branded residences, DAMAC has collaborated with some of the world’s most influential brands to create landmark developments such as Cavalli Tower, Safa One by de GRISOGONO, and Chelsea Residences by DAMAC, among others. Our distinguished global partnerships portfolio includes the Trump Organization, Roberto Cavalli, Paramount, Mandarin Oriental, Radisson, and Rotana, reflecting DAMAC’s commitment to innovation, quality and global relevance. DAMAC is one of Dubai’s few master developers, with a property portfolio comprising eight master communities, seven in Dubai and one in Baghdad, shaping destinations that set new benchmarks for lifestyle, design and scale. Our global influence extends from the Middle East to Europe, Asia, and North America. Founded by Hussain Sajwani, our family-owned ethos champions D&I with over 100 nationalities. With close to 50% female representation and a strong Emiratisation drive, we foster innovation and creativity. We enable aspirations and cultivate a learning environment that encourages growth for our employees.