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Dubai real estate: MAG Group property portfolio valued at $11.9bn

Dubai developer MAG Group has a property portfolio valued at $11.9bn either completed or under construction

MAG Group Dubai real estate
Dubai developer MAG Group has a property portfolio valued at $11.9bn either completed or under construction

Dubai real estate developer MAG Group Holding has announced its property portfolio has reached AED43.7bn ($11.9bn).

The multinational conglomerate incorporates different companies serving diverse sectors in its portfolio and has current and under development projects across its different real estate subsidiaries.

MAG Group Holding’s real estate subsidiaries include MAG Lifestyle Development, Keturah, Invest Group Overseas (IGO), MBL, Shoumous, Art of Living Mall and MAG Leasing for warehouses.

MAG Group Holdings in Dubai

Moafaq Al Gaddah, Founder and Chairman of MAG Group Holding, said: “The UAE’s real estate sector is witnessing unprecedented demand, driven by the strategic vision and initiatives of our wise leadership.

“The government’s ongoing efforts to foster a favourable investment climate have made the UAE a preferred investment destination for global investors.

“We take pride in our extensive portfolio of developments that cater to diverse audiences, adding value to the already thriving sector. At MAG Group Holding, our mandate is to support the UAE’s growth by creating innovative developments and meeting the evolving needs of both residents and investors.”

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