Majid Al Futtaim
Dubai-based group behind Mall of Oman and a 50% partner in the Al Mouj Muscat waterfront community.
Background
Majid Al Futtaim is a Dubai-based group known for shopping malls, retail and leisure businesses across the region.
In Oman it combines two different roles: operator and developer of a major mall, and joint-venture partner in a large master-planned community.
What they are doing in Oman
Majid Al Futtaim holds 50% of Al Mouj Muscat, a mixed-use waterfront community launched in 2006. Omani partners hold the rest (OMRAN 40%, Tanmia 10%, according to OMRAN).
It also developed Mall of Oman in Bousher with Muscat Municipality. The mall soft-opened in September 2021 and was officially inaugurated on 7 February 2023.
Project highlights
- Al Mouj Muscat (Muscat)
- Mixed-use waterfront community with homes, hotels, a marina, retail and leisure.
- Mall of Oman (Bousher, Muscat)
- Retail and leisure complex with more than 350 shops, according to Muscat Municipality.
Launching next
- Next phases of Al Mouj Muscat (Muscat)
- The company has described further phases of Al Mouj as part of its Oman investment. Check the project page for current launches.
Frequently asked questions
Does Majid Al Futtaim develop Al Mouj alone?
No. Al Mouj Muscat is a joint venture. Majid Al Futtaim holds 50%, with OMRAN and Tanmia as Omani partners.
Is Mall of Oman part of Al Mouj?
No. Mall of Oman is a separate project in Bousher, built under an agreement with Muscat Municipality.
Official sources
Last reviewed:
View this page on offplanom.com · Message Off-Plan Oman on WhatsApp