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

Major Contract Awarded for Distrikt Ghaf Woods

Majid Al Futtaim Development has awarded the main construction contract for its latest residential project, Distrikt Ghaf Woods, to Al Sahel Contracting, a subsidiary of the Al Nabooda Group. This contract, valued at over AED 700 million, signifies a major advancement in the project’s timeline and reinforces the developer’s commitment to creating high-quality residential communities in Dubai.

Construction officially commenced on April 13, 2026, with work already underway at the Distrikt Ghaf Woods site. The decision to award this contract is indicative of Majid Al Futtaim’s confidence in Dubai’s robust real estate market and its long-term fundamentals, which continue to attract both local and international investors.

Al Sahel Contracting was selected after a competitive tender process, noted for its strong technical capabilities and alignment with Majid Al Futtaim’s high-quality standards. The company brings substantial experience in managing large-scale residential and mixed-use developments throughout the UAE.

Vision for Distrikt Ghaf Woods

Distrikt Ghaf Woods is designed to embody principles of nature-integrated living and well-being, drawing inspiration from the indigenous Ghaf tree. The development is characterized by expansive green spaces and aims to provide residents with a lifestyle that emphasizes thoughtful design and connectivity to urban amenities.

Ahmed El Shamy, Chief Executive Officer of Majid Al Futtaim Development, emphasized that the contract award is a critical step in advancing the community and reflects the trust customers place in the developer. He highlighted the project’s alignment with the UAE’s aspirations for quality and design excellence.

Moustafa Ali Moustafa Hasan, General Manager of Al Sahel Contracting, expressed enthusiasm about the project, stating that it aligns with the contractor’s ambitions and capabilities. He affirmed their commitment to delivering a community that sets new standards in residential construction within the UAE.

Market Context and Future Implications

The award of the Distrikt Ghaf Woods contract comes at a time of sustained momentum in the UAE property sector, with Dubai witnessing a continued influx of demand for premium, nature-led communities. This trend reflects the emirate’s ability to attract both local and international interest, reinforcing its position as a key player in the global real estate market.

As Majid Al Futtaim moves forward with this project, it aligns with broader initiatives such as the D33 Agenda, which aims to enhance Dubai’s appeal as a global hub for business and lifestyle. The successful delivery of Distrikt Ghaf Woods may set a precedent for future developments in the region.

Frequently Asked Questions

What is the value of the contract awarded for Distrikt Ghaf Woods?

The contract is valued at over AED 700 million.

Who is the contractor for the Distrikt Ghaf Woods project?

The main construction contract has been awarded to Al Sahel Contracting.

When did construction for Distrikt Ghaf Woods officially begin?

Construction officially commenced on April 13, 2026.

What are the key features of Distrikt Ghaf Woods?

The development focuses on nature-integrated living, well-being, and offers expansive green spaces.

How does this project fit into Dubai’s real estate market?

Distrikt Ghaf Woods reflects the sustained demand for premium, nature-led communities in Dubai.