Shoumous Properties, a joint venture between UAE-based Albatha Real Estate and Moafaq Al Gaddah (MAG) Group, one of the region’s largest corporate entities based in Dubai, said it will set up the country's first fully-serviced plot fac
Dubai-based MAG Group plans to invest up to Dh15 billion ($4.08 billion) in the future of Dubai and the wider UAE especially in the build-up to Expo 2020, said its chairman.
Outlining the company’s investment plans across re
Dubai-based multinational MAG Group will unveil a quartet of new Dubai freehold residential and retail leasing projects at Cityscape Global this month, with a combined sales value of Dh3.25 billion ($884 million).
Dubai must focus heavily on continuing to attract expatriates and foreign companies, says a leading property developer.
“I believe we will soon see the bottom of the current crisis but if we are to avoid the boom and bust cycle of the rece
Mag Group Property Development has called on banks to relax their lending criteria to prospective mid-price range home owners in order help them to raise affordable mortgages.
Mohammed Nimer, CEO of Mag, which is involved in Dh3 billion ($
The end-user demand for affordable homes from mid-income bracket will drive sales of mid-range properties in the region, according to a top property expert.
Mohammed Nimer, CEO of MAG Group Property Development, said 'With mid-range pr
Dubai Islamic Bank (DIB) has signed an agreement to offer Shari'ah compliant finance to buyers of properties in a Dh2 billion ($0.54 billion) MAG Group Property Development portfolio.
Under the agreement, Dubai Islamic Bank will offer fina
Dubai-based multinational MAG Group Property Development is to unveil further details of four new office and residential buildings during Cityscape Dubai.
Cityscape Dubai, a major business-to-business property investment and development ev