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Real Estate 1 min read 35 views

Majid Al Futtaim Awards AED 700 Million Contract for Distrikt Ghaf Woods

Majid Al Futtaim has appointed Al Sahel Contracting as the main contractor for its Distrikt Ghaf Woods development, awarding a contract valued at over AED 700 million.

The appointment marks a major milestone in the project’s delivery, with construction already underway since April 13, 2026, reinforcing confidence in Dubai’s resilient real estate market.

Strategic Project Advancement

The contract award reflects Majid Al Futtaim Development’s disciplined execution strategy and commitment to delivering high-quality residential communities. Al Sahel Contracting, part of the Al Nabooda Group, was selected following a competitive tender process, based on its technical expertise and track record in large-scale developments.

Nature-Inspired Living Concept

Distrikt Ghaf Woods is designed as a nature-integrated residential community, inspired by the resilience of the Ghaf tree. The project emphasizes wellbeing, sustainability, and long-term value, featuring expansive green spaces, thoughtful urban design, and strong connectivity to key areas in Dubai.

Market Confidence and Growth

The development comes amid strong momentum in the UAE property sector, with Dubai continuing to attract robust demand from both local and international investors. The project highlights the growing appeal of premium, nature-led communities in the emirate.

Ahmed El Shamy, Chief Executive Officer of Majid Al Futtaim Development, said the contract award underscores the company’s commitment to delivering high standards of quality and design, while reflecting customer trust and market resilience.

Meanwhile, Moustafa Ali Moustafa Hasan noted that the project aligns with the contractor’s ambition to deliver large-scale, high-impact developments, leveraging the expertise and resources of its parent group.

Looking Ahead

With construction progressing, Distrikt Ghaf Woods is positioned to become a benchmark for sustainable, lifestyle-focused communities in Dubai, supporting the emirate’s vision for innovative urban development and long-term growth.

Majid Al FuttaimDistrikt Ghaf WoodsDubai real estateUAE property marketAl Sahel Contractingresidential development Dubaisustainable communities UAE

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