Real Estate

MAG Group Holding, a multinational conglomerate operating across diverse sectors, has announced that the combined value of its current and under-development real estate projects has reached AED 43.7 billion. The portfolio spans several subsidiaries, reflecting MAG’s expansive footprint and significant contributions to the UAE’s real estate sector.

MAG’s real estate subsidiaries include MAG Lifestyle Development, Keturah, Invest Group Overseas (IGO), MBL, Shoumous, Art of Living Mall, and MAG Leasing for warehouses. These entities collectively deliver innovative projects tailored to meet the needs of a wide range of investors and residents.

Leadership Vision and Market Demand

Commenting on the achievement, Moafaq Al Gaddah, Founder and Chairman of MAG Group Holding, stated: “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 favorable investment climate have made the UAE a preferred 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.”

Key Developments Driving Growth

MAG Group’s real estate ventures span a variety of residential, commercial, and retail projects, strategically located to optimize market appeal. The group’s focus on sustainability and innovation ensures alignment with the UAE’s long-term development goals, including urban planning, technological advancement, and environmental stewardship.

This announcement underscores MAG’s role as a significant player in the real estate market, bolstering investor confidence and reinforcing the UAE’s status as a global hub for high-quality, forward-thinking developments.

• Tags
• #Business
• #Magazine
• #Lifestyle