Establishment of the Company
MAG Property Development was founded in 2010 by renowned entrepreneur Amin Hasan. Over more than 13 years, the company has established itself as one of the leading developers in the Dubai real estate market.
Company Assets and Structure
MAG Property Development owns a portfolio of over 20 active projects, including residential complexes, commercial buildings, and infrastructure developments. The company employs approximately 300 staff members, including architects, engineers, project managers, and sales specialists. The main departments within the company include Design, Construction, Marketing, and Property Management.
Construction Geography
Investment Attractiveness
MAG Property Development offers properties with returns ranging from 8% to 15% per annum, significantly higher than the average figures in the Dubai real estate market. In 2022, the company’s total investment volume reached AED 10 billion. Thanks to the strategic locations of its properties, the use of advanced construction technologies, and high-quality standards, MAG provides investors with stable income and the potential for capital growth.
Completed Projects
Among MAG Property Development’s most successful projects are the Skyline Residences residential complex in Dubai Marina, consisting of 400 luxury apartments, and the Innovation Tower commercial center in Business Bay, covering an area of 50,000 sqm. In Downtown Dubai, the company completed the luxurious Crystal Palace hotel, which has received numerous international awards for its design and functionality. Additionally, MAG implemented the Oasis Villas project in Jumeirah Lake Towers, comprising 250 exclusive villas with developed infrastructure.
Contact Ferrocom Real Estate today to begin your search for your perfect property in the MAG Property Development.