Majid Al Futtaim harnesses neuroscience to empower mixed-use development agenda
Source: Markettiers for Majid Al Futtaim , Author: Posted by BI-ME staff
Posted: Fri September 15, 2017 11:32 am

UAE.: Majid Al Futtaim, the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa, and Asia, today unveiled the results of a first of its kind neuroscience study in the region, designed to identify the most powerful drivers behind emotional attachment to urban developments and communities.
 
Conducted by Neurons Inc and commissioned by Majid Al Futtaim; the UAE-based study used Electroencephalography (EEG) and Eye Tracking technology to measure how participants subconsciously as well as consciously responded to nearly 100 images of urban developments and landscapes from around the world. Over 1 million data points were then analysed to determine the findings.
 
Neuroscientists found the elements of everyday human activity (a visual focus in 80% of the 10 best performing images), greenery (70%), artistic features (50%) and bright colours (50%) were the most powerful drivers of emotional engagement with destinations and environments.
 
An emphasis was put on greenery, which was naturally landscaped and positioned in a way that provided a sense of human scale and privacy. The study also highlighted a subconscious preference for shades of blue and green in design and artistic features that people can interact with and embrace natural materials.
 
The strongest negative responses were recorded in images that displayed a visible lack of human interaction and natural landscapes. Dirt and damage were also shown to have an immediate negative and lasting impact on participants.
 
The announcement comes as the governments across the region; continue to place significant emphasis on transformative policies and practices for the real estate sector in a bid to drive economic diversity. In the UAE, both public and private sector entities are focused on enabling a nation-wide happiness agenda that seeks to enhance happiness and satisfaction for citizens and expats in the UAE through better services and infrastructure.
 
Hawazen Esber, Chief Executive Officer of Majid Al Futtaim – Communities, said: “Historically, researchers and developers have focused on the conscious drivers of preference for real estate design and development. In a testament to the region’s progressive take on the transformation of the real estate sector; our unique neuroscience research study enables a deeper understanding of what subconsciously drives emotional value and a sense of belonging for our customers and the wider community.”
 
Through the study, neuroscientists identified a clear distinction between conscious and subconscious responses. For instance, when asked, respondents consciously indicated a liking for vibrant environments with highly active social interaction. However, when analysing subconscious brain activity, scientists found that simple, everyday human activities around homes and communities have a more positive and lasting impact on our minds.
 
“As destination creators, it is our vision and role to create mixed-used destinations with a heart and soul; where people can come together to celebrate life and create great memories with their loved ones, every day. The study helps us identify crucial elements that make for happy, heathy communities and become the foundation for how we bring our integrated retail, leisure and entertainment offering to design mixed-use destinations that drive holistic value for residents and surrounding communities,” he continued.
 
The neuroscience study was designed in collaboration with Neurons Inc to inform Majid Al Futtaim’s unique approach to placemaking - an approach to property planning, development and design that encourages emotional and functional value. Across the globe, the effective integration of placemaking principles has been seen to substantially enhance the commercial value of destinations and improve resident and visitor experiences.
 
The announcement comes in line with Cityscape Global 2017, where Majid Al Futtaim will showcase the company’s integrated value proposition and announce continued investments in both existing and new developments in a bid to effectively meet and exceed the evolving expectations of residents and investors across the region.
 
Please watch the video here.
 
Disclaimer: All facts and figures in this release are accurate at the time of issuance.

 

Photo Captions: 1. (above) Neuroscience Study Heat-Map Human Activity               
                             2. (inset)   MoE Central Galleria (For illustrative purposes only - file photo)

About Majid Al Futtaim
 
Founded in 1992, Majid Al Futtaim is the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia.

A remarkable business success story, Majid Al Futtaim started from one man’s vision to transform the face of shopping, entertainment and leisure to ‘create great moments for everyone, every day’. It has since grown into one of the United Arab Emirates’ most respected and successful businesses spanning 15 international markets, employing more than 39,000 people, and obtaining the highest credit rating (BBB) among privately-held corporates in the region.
 
Majid Al Futtaim owns and operates 21 shopping malls, 12 hotels and three mixed-use communities, with further developments underway in the region. The shopping malls portfolio includes Mall of the Emirates, Mall of Egypt, City Centre malls, My City Centre neighbourhood centres, and four community malls which are in joint venture with the Government of Sharjah. The Company is the exclusive franchisee for Carrefour in 38 markets across Middle East, Africa and Asia, and operates a portfolio of more than 210 outlets in 15 countries.
 
Majid Al Futtaim operates 284 VOX Cinema screens and 31 Magic Planet family entertainment centres across the region, in addition to iconic leisure and entertainment facilities such as Ski Dubai, Orbi Dubai and Ski Egypt, among others.

The Company is parent to the consumer finance company 'Najm', a fashion retail business representing international brands such as Abercrombie & Fitch, AllSaints, lululemon athletica, Crate & Barrel and Maison du Monde; and a healthcare business that operates City Centre Clinics. In addition, Majid Al Futtaim operates Enova, a facility and energy management company, through a joint venture operation with Veolia, a global leader in optimised environment resource management.

The Company also owns the rights to The LEGO Store and American Girl in the Middle East and operates in the food and beverage industry through a partnership with Gourmet Gulf.
 
For more information, please visit www.majidalfuttaim.com

About Neurons Inc
Neurons Inc is a consultancy company that applies neuroscience tools and insights to address challenges in today’s business and society. Neurons is a spin-off from the Copenhagen Business School and the Copenhagen University Hospital, and it is a result of an incubation process with Fortune 50 company Lowe’s Home Improvement.

 

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: December 11, 2017
UAE. Many companies are exploring how they can take advantage of disruptive technologies such as cloud, mobile and big data analytics to drive a new wave of end user experiences.
date:Posted: December 11, 2017
UAE. "The primary objective of any strategy should be to improve student outcomes through removing barriers to learning and improving students' social, emotional and behavioural learning and wellbeing."
date:Posted: December 10, 2017
UAE. Declining reserves and revenues, along with rising domestic energy demand, require a shift to enable performance and sustainability.
dhgate