Majid Al Futtaim Achieves Rapid Sell-Out of First Phase in Ghaf Woods Project

Monday, 12 August 2024

Nestled near Global Village and spanning an impressive 738,000 square meters, Ghaf Woods is a remarkable residential development that harmonizes luxury living with the beauty of nature.

• Residential Offerings:
  • Over 7,000 premium units
  • Options include one-, two-, and three-bedroom apartments, as well as penthouses
  • Each unit provides breathtaking views of the surrounding forest

Phase One Success

• Rapid Sales:
  • The initial phase, featuring 1,000 units, sold out swiftly
  • Highlights the high demand for nature-integrated living spaces
• Key Insight:
  • Majid Al Futtaim attributes this success to the growing appeal of homes that blend with natural surroundings

Commitment to Nature Positive Living

Ghaf Woods is designed with Nature Positive principles, aiming to significantly enhance natural areas by 2030 compared to 2020 levels. This innovative approach emphasizes:

• Healthy Environments:
  • Benefits people, habitats, cities, and communities
• Cutting-Edge Policies:
  • Adheres to strong regulatory frameworks
  • Redefines urban living in harmony with nature

A Green Oasis

The development is characterized by:

• World-Class Design:
  • Emphasizes the integration of nature into urban living
• Central Forest:
  • Features a 35,000-tree forest
  • Includes native Ghaf trees and other GCC species
  • Benefits include:
    • Improved air quality
    • Lower ambient temperatures (up to 5°C reduction)
    • Conservation of the water table
    • Reduced soil erosion

Alignment with Dubai’s Urban Master Plan

Ghaf Woods contributes to Dubai’s 2040 Urban Master Plan by:

• Doubling Greenery:
  • Aims to significantly increase green spaces
• Supporting Wildlife:
  • Home to over 20 bird species
  • More trees than residents
• Environmental Impact:
  • Produces up to 20% cleaner air
  • Positively influences the UAE’s climate

Company Vision

Majid Al Futtaim’s commitment to innovative, customer-centric solutions is evident in Ghaf Woods.

• Company Statement:
  • “Majid Al Futtaim has become synonymous with delivering innovative, customer-centric solutions that enhance the everyday experience of residents, workers, and visitors at its premier lifestyle destinations.”
• Community Impact:
  • Reflects the company’s dedication to creating sustainable and enriching living environments

Ghaf Woods stands as a testament to modern, eco-friendly urban living, seamlessly integrating nature with luxury for a transformative residential experience.