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Apartments
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Villas
Penthouses
Developers
We are leveling up our digital footprint. Stay tuned for a better experience :)
MAG Developments
- 8 Ongoing Projects
- 6 Projects Completed
Overview
In 2007, the Dubai Real Estate Company (DREC) was formed as a joint venture between two government entities. DREC required a quick reset for settling their asset portfolio, and in 2008, Wasl Asset Management Group, also known as Wasl, emerged as a separate firm to manage DREC’s asset portfolio. Mag Property Development became a renowned real estate player through this process. Dubai was originally known as Wasl, which reflected the Emirate’s historical role as the regional trading hub. Mag Property Development Dubai maintains this legacy by providing top-notch services to its clients and partners.
Mag Property Development has a vast real estate portfolio that includes over 47,000 residential and commercial properties within the emirate of Dubai. They cater to different sectors in their portfolio of services, including lease services for residential villas and apartments, commercial properties like shops, staff quarters, office space, and light industrial and warehousing units across Dubai. Mag Property Development units are dispersed throughout large geographic areas, including Al Karama, Al Muhaisnah, Jumeirah, Al Barsha, Al Wasl, Umm Ramool, Al Bada’a, Jebel Ali, Ras Al Khor, and Al Quoz.
To provide consumers with local support, Mag Property Development offers several customer service locations in Jumeirah, Muhaisnah, Ras Al Khor, and Umm Hurair. They have three major subsidiaries, including Mag Property Development, Wasl Hospitality & Leisure, and Dubai Golf. Mag Property Development is one of a very small number of companies in Dubai that is authorized to provide facility management services to owners association committees in the freehold market.
Mag Property Development has a professional team of over 80 experts who administer their varied portfolio of residential and commercial units in the leasehold and freehold sectors. They can customize their services to match the unique needs of their customers thanks to their vast knowledge of regional laws and best practices. More housing options will be made accessible to serve the market’s various segments as Mag Property Development completes its wide variety of new projects scheduled over the coming years.
Office locations
Head office:
Dubai:
- Al Mankhool Road, Dubai, UAE
Leadership
Hesham Al Qassim, CEO of Mag Property Development and Vice-Chairman of DREC, oversees the implementation of the company’s mission while staying true to Wasl’s principles. He actively seeks out opportunities for market-specific developments.
Chief Executive Officer and Vice-Chairman of DREC
Why choose MAG Developments?
Mag Property Development possesses a diversified real estate portfolio which includes both residential and commercial properties, such as small shops or industrial warehouses. They offer budget-friendly residential properties like villas with a private pool or studio apartments.
- Mag Property Development provides a broad range of services including technical support, facility management, and Owners Association Management services for both leasehold and freehold markets.
- Mag Property Development is the supervisor of a significant real estate portfolio within the emirate of Dubai, which comprises over 47,000 residential and commercial properties.
- Mag Property Development provides tenants with call centre/customer support service around the clock.
- Mag Property Development contributes directly and indirectly to Dubai’s economic growth to enhance its success even more.
- Mag Property Development has multiple customer service locations in Jumeirah, Muhaisnah, Ras Al Khor, and Umm Hurair, providing residents with local support.
- The main benefit of Mag Property Development is that it is freehold, allowing you to dwell in apartments or villas till the end.
- They have extensive in-house expertise in design, sales, production, hospitality, and service.
Awards & Recognition
MAG Properties boasts a collection of distinguished awards and accolades in Dubai that are highly recognized. A few of these recognitions are mentioned below:
Frequently Asked Questions (FAQs)
What are the best projects by MAG Developments?
Mag Property Development possesses a range of projects, such as Wasl 51 Apartments, Wasl Green Park, Tiara United Towers, Wasl Bay, Wasl Emerald, Al Nahda, The Nook, and others.
Who is the Founder of MAG Developments?
Moafaq Ahmad Al Gaddah is the founder and chairman of MAG developments.
What cities does MAG Developments operate in?
Mag Property Development operates primarily in Dubai, UAE.