License expires Nov 2025
MAG Park Real Estate Development L.L.C-FZ
License #2204565.01 · Registered 2022 · 0% avg completion
01Developer verdict
VERIFY LICENSE
0 completed, 1 under construction. Verify delivery history before committing. License renewal due Nov 2025 — verify before committing to under-construction projects.
02Key numbers
Total projects
1
DLD registered
Completed
0
0% done
Under construction
1
in progress
Sales (12m)
252
transactions
Rent contracts (12m)
0
strong demand
Occupancy
0%
0 / 551 units
03Portfolio breakdown
1
projects
Completed0
Under construction1
Pending0
Recent completion track record
Keturah Reserve2027
04Risk assessment
05Project portfolio — top performers
| Project | Rank | Yield | Growth | Total | AED/m² | |
|---|---|---|---|---|---|---|
| Keturah ReserveactiveHadaeq Sheikh Mohammed Bin Rashid | — | — | — | — | 33.727 | Analyze project → |
06Before you buy from this developer
critical
License expired — do not proceed
License #2204565.01 expired Nov 2025. Confirm renewal before any commitment.
verify
Check escrow account status
Verify financial guarantees and milestone payment structure for under-construction projects. Confirm funds are in RERA-regulated escrow.
verify
Confirm construction schedule
For active projects: verify current construction progress vs stated completion percentage. Request latest project timeline from developer.
context
Overall risk: MEDIUM
MAG Park Real Estate Development L.L.C-FZ has 0 completed projects. Completed projects carry lower developer risk than off-plan.
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