License expires Oct 2025
MAG PROPERTY DEVELOPMENT L.L.C
License #659924 · Registered 2016 · 50% avg completion
Comprehensive DLD data · Based on 2 DLD-registered projects
01Developer verdict
VERIFY LICENSE
1 completed, 1 under construction. Verify delivery history before committing. Average yield 2.0%. Best performer: MAG 330 (#332). License renewal due Oct 2025 — verify before committing to under-construction projects.
Top projects by rank: MAG 330 (#332), MAG 318 (#1159)
02Key numbers
Total projects
2
DLD registered
Completed
1
50% done
Under construction
1
in progress
Avg yield
2.0%
below Dubai avg
Sales (12m)
125
transactions
Rent contracts (12m)
270
strong demand
Occupancy
24%
270 / 1,104 units
03Portfolio breakdown
2
projects
Completed1
Under construction1
Pending0
Recent completion track record
MAG 318finished
MAG 3302026
04Risk assessment
05Project portfolio — top performers
| Project | Rank | Yield | Growth | Total | AED/m² | |
|---|---|---|---|---|---|---|
| MAG 330activeWadi Al Safa 4 | #332 | — | +0.4% | — | 13.926 | Analyze project → |
| MAG 318finishedBusiness Bay | #1159 | 7.6% | — | — | 21.099 | Analyze project → |
06Before you buy from this developer
critical
License expired — 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.
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