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MAG Group is a large corporation with a diversified sphere of interests. It successfully runs business in commerce, real estate, service and construction sectors via 50 companies, basing at the Middle East and MENA region: Morocco, Algeria, Tunis, Lebanon, etc.
The MAG Lifestyle Development’s company is known in the Dubai real estate market for projects such as MAG Townhouses and MAG EYE Apartments in MBR City. As a developer, it has a massive portfolio, but also invests in many other asset types. MAG’s time-tested expertise allows to create value and enable long-term success through operational and other improvements.
MAG operation history traces back to 1978. The founder and the Chairman of the Group Moafaq Ahmed Al Gaddah, now ranked among the most wealthiest and influential Arabs, started his business from a small-scale spare parts trading in Abu Dhabi. MAG Lifestyle Development currently develops the scope of projects evaluating USD 1 bln. “Invest Group Overseas” explores Arab World property market for the opportunities, working with various cases.
MAG Group delivers all the scope of real estate services for customers from analyses, planning and buying land to post-development property management, not forgetting about engineering, marketing and sales.
When buying off-plan property directly from a developer in Dubai you get a lot of benefits. Most of the real estate developers have special offers like DLD waiver or free property management.
For the past decade, off-plan apartments in Dubai has become very popular among buyer and investors both local and foreign.There are several major reasons of increased demand in Dubai’s real estate sector. First of all, off-plan property comes at much lower price than ready property.
Secondly, most of the off-plan properties in Dubai feature special payment plan: you can purchase a property and pay for it in small installments instead of paying the full price upfront. Finally, considering constant increasing popularity of real estate in Dubai, buying off-plan property is a great investment opportunity with high returns of investments (ROI).