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The Power 100 Property Leaders 2026

The Power 100 Property Leaders 2026
Date:
Jul. 21, 2026
Omar Al Futtaim

Omar Al Futtaim

Vice Chairman and Chief Executive Officer
Category:Outstanding Developers
Company:Al-Futtaim Group
Residence:UAE

Omar Al Futtaim represents a new generation of leadership at one of the Middle East’s most established family-owned business groups. As Vice Chairman and Chief Executive Officer of Al-Futtaim Group, he oversees a diversified organisation with major interests across automotive, retail, financial services, healthcare and real estate, continuing a legacy that has contributed to the economic development of the UAE for decades.

Real estate forms a significant part of the group’s long-term vision. Through Al-Futtaim Real Estate, the organisation has developed and managed large-scale mixed-use destinations designed to bring together residential communities, retail, hospitality, commercial space, education and leisure within integrated urban environments.

Omar Al Futtaim – Vice Chairman and Chief Executive Officer of Al-Futtaim GroupOmar Al Futtaim – Vice Chairman and Chief Executive Officer of Al-Futtaim Group

Among the group’s most prominent developments is Dubai Festival City, one of Dubai’s landmark mixed-use destinations. Conceived as a comprehensive waterfront community, it demonstrates Al-Futtaim’s approach to long-term placemaking: creating destinations where multiple aspects of daily life are connected through thoughtful planning, infrastructure and a broad range of amenities.

The group has also established a major presence in Egypt through Cairo Festival City, extending its integrated development model into one of the region’s largest and most dynamic real estate markets. The destination has become an important residential, commercial and retail hub in New Cairo, reflecting the organisation’s ability to adapt its development expertise to different markets while maintaining a focus on quality and long-term value.

Under Omar Al Futtaim’s leadership, the group continues to place innovation, customer experience and sustainability at the centre of its growth strategy. Within real estate, this means creating communities that respond to changing lifestyles while remaining adaptable to future economic, environmental and demographic needs.

His leadership is distinguished by an ability to balance the heritage of a major family enterprise with the demands of an increasingly global and competitive business environment. By maintaining a long-term investment perspective, Al Futtaim has supported the continued evolution of the group while strengthening its role across key sectors of the regional economy.

Through Al-Futtaim Real Estate, Omar Al Futtaim continues to advance a development philosophy centred on integrated communities, enduring value and the creation of destinations capable of serving generations.