Dubai, UAE: Majid Al Futtaim has today announced a major milestone with the sell-out success of the first phase of Ghaf Woods, the first forest living community in the heart of Dubai and its newest development in the Emirate.

Spanning 738,00 square metres of land near Global Village, Ghaf Woods will include more than 7,000 premium units with one, two and three bedrooms, as well as penthouses, overseeing pristine views of the forest ecosystem. 

It comes at a time where Dubai Government is working towards doubling its greenery areas, providing a healthy environment to residents and visitors as part of the Emirate’s 2040 Urban Master Plan.

The recent sell-out of the development’s first phase, consisting of 1,000 units, underscores the high demand for living in a natural environment. Inspired by the principles of Nature Positive, a global model that aims to increase nature and green areas by 2030 compared to 2020, this initiative seeks to create healthy environments benefitting individuals, habitats, cities, and communities, driving the transition towards a nature-positive world.

The transformation to a nature-positive world will be guided by innovative policies and a robust regulatory framework that reimagines our relationship with nature. With this model at its core, 
Ghaf Woods is set to redefine indoor-outdoor living by integrating world-class design and architecture with a placemaking approach that prioritises nature. At the heart of the development is a 35,000-tree forest, including Ghaf trees and other species native to the GCC.

The forest will not only offer residents improved air quality, but as studies have shown is set to lower the ambient temperature by up to 5 degrees Centigrade, as well as conserving the water table and reduce soil erosion.

This first-of-its-kind community will also be home to over 20 bird species, in addition to having more trees than residents, all-in-all contributing to a forest ecosystem that will produce up to 20% cleaner air, adapting to and enhancing the UAE’s climate.

Majid Al Futtaim has become synonymous with the delivery of increasingly innovative customer-centric solutions, which have been designed to enhance the everyday experience of every person that lives, works, and plays at its outstanding lifestyle destinations. To learn more, visit  www.majidalfuttaim.com. 

Media Contact:
Katharina Mayr, Senior Manager Corporate Communications & PR 
katharina.mayr@maf.ae
 
About Majid Al Futtaim
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, every day’. 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. 

Majid Al Futtaim operates more than 600 VOX Cinemas screens as well as a portfolio of world-class leisure and entertainment experiences across the region including four indoor ski locations in Dubai, Abu Dhabi, Cairo and Oman as well as family entertainment centers Magic Planet and Little Explorers. It is the proud owner of the flagship Mall of the Emirates, Mall of Egypt, and Mall of Oman with the iconic City Centre shopping malls rounding out its portfolio across the region. The Group partners with world-class fashion, home, speciality retail and beauty brands, including lululemon, LEGO, Crate and Barrel, Shiseido, with over 70 stores and 20 digital platforms across the GCC. It also owns and operates THAT Concept Store, a multi-brand retail destination and app. Majid Al Futtaim is also the exclusive franchisee for Carrefour across markets in the Middle East, Africa and Asia, serving 770,000 customers daily. These offerings are powered by the UAE’s fastest growing loyalty programme SHARE, which offers customers a more personalised and data driven experience. The developer of choice for the region, Majid Al Futtaim is the creator of mixed-use communities including Tilal Al Ghaf in Dubai and Al Mouj in Muscat. 

Majid Al Futtaim has continued to set the standard for sustainable growth through its Dare Today, Change Tomorrow sustainability strategy. The Group is committed to becoming Net Positive in water and carbon by 2040.

www.majidalfuttaim.com