Real Estate Portfolio: MAG Group Holding reaches AED 43.7 billion

Dubai, 22 November 2024: MAG Group Holding, the multinational conglomerate incorporating different companies serving diverse sectors, announced its portfolio of current and under development projects across its different real estate subsidiaries has reached AED 43.7 billion.

MAG Group Holding’s real estate subsidiaries include MAG Lifestyle Development, Keturah, Invest Group Overseas (IGO), MBL, Shoumous, Art of Living Mall and MAG Leasing for warehouses.

In his comments, Moafaq Al Gaddah, Founder and Chairman of MAG Group Holding, said: “The UAE’s real estate sector is witnessing unprecedented demand, driven by the strategic vision and initiatives of our wise leadership. The government’s ongoing efforts to foster a favorable investment climate have made the UAE a preferred investment destination for global investors. We take pride in our extensive portfolio of developments that cater to diverse audiences, adding value to the already thriving sector. At MAG Group Holding, our mandate is to support the UAE’s growth by creating innovative developments and meeting the evolving needs of both residents and investors.”

About MAG Group Holding

MAG Group Holding is a multinational consolidation of different companies and sectors, the group’s portfolio includes real estate, contracting & engineering, industrial & commercial trading, freight services, and hospitality.

Founded in 1978, MAG Group Holding has evolved to become a powerful and vibrant group that employs more than 2000 personnel worldwide in more than 50 companies and branches.

We aim to achieve economic growth in the commercial, industrial, construction, real estate, and service sectors, all while preserving our moral values. We realize our excellence in services to local and international customers, must be provided in such a way that the benefits of this growth are reflected not only on the group, but most importantly on our customers and the communities in which we operate.

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