2 projects
License expires Oct 2025

MAG PROPERTY DEVELOPMENT L.L.C Review: Projects, Delivery Record & DLD Data

License #659924 Β· Registered 2016 Β· 50% avg completion
🟒Comprehensive DLD data · Based on 2 DLD-registered projects

DLD portfolio snapshot for MAG PROPERTY DEVELOPMENT L.L.C: 2 registered projects (1 completed, 1 under construction), 90 registered sales in the last 12 months, portfolio yield ~2.4%. Use this as sponsor context before you reserve β€” then run Offer Verdict on any live quote.

01Developer track record
VERIFY LICENSE
1 completed, 1 under construction. Verify delivery history before committing. Average yield 2.4%. Best performer: MAG 318 (#1114). License renewal due Oct 2025 β€” verify before committing to under-construction projects.
Top projects by rank: MAG 318 (#1114), MAG 330 (#1418)
02Key numbers
Total projects
2
DLD registered
Completed
1
50% done
Under construction
1
in progress
Avg yield
2.4%
below Dubai avg
Sales (12m)
90
transactions
Rent contracts (12m)
228
strong demand
Occupancy
21%
228 / 1,104 units
Best rank
#1114
MAG 318
03Portfolio breakdown
2
projects
Completed1
Under construction1
Pending0
Recent completion track record
MAG 318
finished
MAG 330
2026
04Risk assessment
05Project portfolio β€” top performers
ProjectRankYieldGrowthTotalAED/mΒ²
MAG 318finishedBusiness Bay#11147.6%β€”β€”21.099Check a quote β†’
MAG 330activeWadi Al Safa 4#1418β€”-7.6%β€”13.917Check a quote β†’
Check a quoted MAG PROPERTY DEVELOPMENT L.L.C offer β†’
06Before you buy from this developer
critical
License expired β€” do not proceed
License #659924 expired Oct 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 PROPERTY DEVELOPMENT L.L.C has 1 completed projects. Completed projects carry lower developer risk than off-plan.

Use this sponsor history as context, then run Offer Verdict on any real MAG PROPERTY DEVELOPMENT L.L.C quote before you negotiate or reserve.

Run a DLD-backed Offer Verdict β†—