MAG Group Holding Unveils USD 11.9 Billion Real Estate Portfolio

The company’s real estate portfolio spans several subsidiaries, including MAG Lifestyle Development, Keturah, and others

By News Desk, November 29, 2024 UAE Real Estate

MAG Group Holding Unveils USD 11.9 Billion Real Estate Portfolio

MAG Group Holding, a multinational conglomerate encompassing a variety of businesses across multiple sectors, has announced that the combined value of its ongoing and upcoming real estate projects has reached an impressive USD 11.9 billion.

The company’s real estate portfolio spans several subsidiaries, including MAG Lifestyle Development, Keturah, Invest Group Overseas (IGO), MBL, Shoumous, Art of Living Mall, and MAG Leasing for warehouses.

Commenting on the achievement, Moafaq Al Gaddah, Founder and Chairman of MAG Group Holding, stated: “The UAE’s real estate sector is experiencing unprecedented demand, driven by the strategic vision and initiatives of our wise leadership. The government’s efforts to create a favourable investment climate have positioned the UAE as a leading destination for global investors. We take great pride in our diverse portfolio of developments, which caters to a wide range of audiences and adds value to the sector's remarkable growth. At MAG Group Holding, we are committed to supporting the UAE’s progress by delivering innovative projects that meet the evolving needs of both residents and investors.”

MAG Keturah real estate portfolio

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