MAG Group Holding is expected to announce a new Dubai real estate development project called ‘MAG Square’ imminently.
The new project is estimated to have a market value of up to AED 2bn ($544.59m), mentions Moafaq Ahmad Al Gaddah, Founder and Chairman of MAG Group Holding.
“All of our projects in Dubai are progressing according to the approved timelines, and during this year we will complete and hand over six new projects. We are proud to be part of the development journey of Dubai and the UAE.
“What we have witnessed since the 1980s in terms of rapid development and speed of execution across Dubai is exceptional and unprecedented on a global scale.”
Moafaq Ahmad Al Gaddah, Founder and Chairman, MAG Group Holding
MAG Group Holding was founded in 1978, and under Moafaq’s leadership the group has achieved key milestones and expansion across multiple sectors, with notable projects such as the Emirates Financial Towers, which earned a Guinness World Record in 2013.
