Mayaasim seeks to form partnerships and alliances with value added developers, real estate asset operators and investors. Our aim is to develop the land banks under our management into fully operational and differentiated structures in Riyadh. The holistic development approach that we follow ensures that we partner with the best developer and operator in their respective areas of expertise while ensuring to each of our partners that their neighbors within the master plans we are developing meet the same stringent criteria to execute from a quality and deliverability point of view.
Majid Al Futtaim (MAF) was established in 1992 and it opened its first shopping mall in Dubai in 1995. Today, the Majid Al Futtaim Group has become the leading retail and leisure pioneer in the MENA and Central Asia. Built around the City Centre and Carrefour brands, and famous for the Mall of the Emirates and Ski Dubai, Majid Al Futtaim develops and manages shopping malls and hypermarkets throughout the region, alongside a range of businesses complementary to malls and hypermarkets. Block 31, the anchor block at Al Narjis Hills, is being developed by MAF.