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MAG Property Development

Major developer

Primary area
Al Thanyah Fifth
Market
Active in 6 areas

19

Projects

2

Completed

5

Upcoming

6

Areas

AED 744K

Starting from

Average price AED 3.6M

Developer score

81out of 100

Strong

Officially finished
2
Registry-matched projects
37%
Listing data quality
77/100
Delivery record94th percentile
Portfolio scale95th percentile
Verification34th percentile
Area footprint98th percentile
Investment signalNot scored

Investment snapshot

Low confidence

Derived from matched sale and rent records in this market

Median sale price
AED 2,096,518
Median annual rent
AED 154,500
Rent demand score40
Market heat45
Sale records
7
Rent records
42
Matched projects
2
Confidence
Insufficient0

Matched against official transaction records. Rental yield is gross — it excludes service charges, financing and vacancy, and is not a capital return. · Updated May 12, 2026

Highest yielding projects

  • MBL RoyalAED 135K15.3%
  • MAG 22AED 330K6.8%

About

MAG Property Development is the real estate arm of the MAG Group, founded in 1978 by Moafaq Ahmad Al Gaddah and headquartered in Dubai with offices across China, Iraq, Turkey and the United States. Operating as MAG PD and MAG Lifestyle Development, the division manages a reported $25 billion portfolio developed over more than four decades. The company specialises across a broad spectrum of asset types, including luxury residential towers, master-planned villa communities, townhouse districts, branded hotel residences, commercial offices and wellness-integrated neighbourhoods, with offerings that span affordable mid-market housing to ultra-premium residences. Its design approach emphasises innovation, biophilic living and smart-home integration, exemplified by the Keturah wellness-focused residential brand. MAG structures off-plan projects to appeal to both end-users and investors through phased payment plans, strategic launch pricing and transparent sales processes, with early buyers offered preferential pricing and milestone-linked payment flexibility.

Portfolio

By status

Completed2 · 11%
Upcoming5 · 26%
Unknown12 · 63%

Unit mix

Units1,796
Villas130
Buildings17
Plots26

Counts of units, villas, buildings and plots across the portfolio. Apartment and townhouse classification is not recorded.

Where they build

  • Al Thanyah Fifth2 projects

    1 completed · 1 upcoming

  • Al Hebiah Fourth1 projects

    0 completed · 1 upcoming

  • Al Jadaf1 projects

    0 completed · 1 upcoming

  • Hadaeq Sheikh Mohammed Bin Rashid1 projects

    0 completed · 1 upcoming

  • Jabal Ali First1 projects

    0 completed · 1 upcoming

Strengths and considerations

Derived from this developer's published portfolio against the market.

Strengths

  • Wide footprint — active across 6 areas

Featured projects

Eiwan Heights
Off-Plan

Eiwan Heights

Dubai
Q4 2028
MAG D11
Off-Plan

MAG D11

Dubai

From AED 1.4M

Q3 2028
Mag Keturah Reserve
Off-Plan

Mag Keturah Reserve

Hadaeq Sheikh Mohammed Bin Rashid

From AED 3.8M

Q2 2027
Tori by IGO
Off-Plan

Tori by IGO

Jabal Ali First

From AED 21.5M

Q2 2027
MBL Signature
Off-Plan

MBL Signature

Al Thanyah Fifth

From AED 1.2M

Q4 2026
Mag 330
Off-Plan

Mag 330

Dubai

From AED 743.6K

Q4 2026

Developer guide

A data-backed overview of portfolio scale, pricing, active areas, and current market footprint for MAG Property Development.

Who is MAG Property Development?

MAG Property Development is the real estate arm of the MAG Group, founded in 1978 by Moafaq Ahmad Al Gaddah and headquartered in Dubai with offices across China, Iraq, Turkey and the United States. Operating as MAG PD and MAG Lifestyle Development, the division manages a reported $25 billion portfolio developed over more than four decades. The company specialises across a broad spectrum of asset types, including luxury residential towers, master-planned villa communities, townhouse districts, branded hotel residences, commercial offices and wellness-integrated neighbourhoods, with offerings that span affordable mid-market housing to ultra-premium residences. Its design approach emphasises innovation, biophilic living and smart-home integration, exemplified by the Keturah wellness-focused residential brand. MAG structures off-plan projects to appeal to both end-users and investors through phased payment plans, strategic launch pricing and transparent sales processes, with early buyers offered preferential pricing and milestone-linked payment flexibility.

Frequently asked questions

What kind of properties does MAG Property Development usually build in Dubai?

MAG Property Development is best known for residential communities, apartments, townhouses, and branded lifestyle residences with a focus on design, amenity-led living, and practical layouts. The developer’s portfolio includes projects such as Keturah Tower and MAG City Meydan, which show its mix of urban and community-oriented offerings.

Is MAG Property Development a good option for buyers looking in Dubai?

Yes, MAG Property Development is a relevant choice for buyers who want a Dubai developer with a broad residential portfolio and projects in sought-after locations. It appeals to end users looking for well-planned homes as well as investors who value projects with lifestyle positioning and strong city connectivity.

Which areas in Dubai does MAG Property Development focus on?

MAG Property Development is active across several Dubai locations, including Al Jadaf, Nad Al Shiba First, Al Hebiah Fourth, and Hadaeq Sheikh Mohammed Bin Rashid. This spread gives buyers options in both established and developing parts of the city.

What makes MAG Property Development stand out from other Dubai developers?

MAG Property Development stands out for combining mainstream residential delivery with more premium, design-led concepts, especially through the Keturah-branded portfolio. Buyers often notice the developer’s emphasis on lifestyle, community feel, and projects that are positioned to suit both living and long-term value considerations.

Does MAG Property Development offer off-plan opportunities?

Yes, MAG Property Development is a strong name for buyers exploring off-plan homes in Dubai. Its pipeline includes a range of residential projects that suit different budgets and preferences, with options such as Mag Eye and MAG D11.

What should buyers know before exploring MAG Property Development projects?

Buyers should look closely at the project’s location, community setting, handover timeline, and the type of lifestyle the development is built around. If you want a branded, high-design option, Keturah Resort is worth reviewing, while buyers seeking everyday residential value may prefer community-focused homes such as MAG City Townhouses.

Not sure if MAG Property Development is right for you?

Compare them against other developers, or browse the full portfolio.