DLD record shows license expiry Oct 2025
MAG Property Development LLC: Dubai Projects, Delivery Record & DLD Sold Prices
License #659924 · Registered 2016 · 50% avg completion
Comprehensive DLD data · Based on 2 DLD-registered projects
MAG PROPERTY DEVELOPMENT L.L.C has 2 DLD-registered Dubai projects (1 completed) and 69 sales in the last 12 months. Use this as sponsor context, then compare any live ask to DLD sold prices.Source: Dubai Land Department registered transactions.
Check a listing vs DLD sold prices. First full DLD report free, then USD 1 per check or 5 checks for USD 5.
01Developer track record
CHECK PROJECT TERMS
1 completed, 1 under construction. Verify delivery history before committing. Best performer: MAG 318 (#1291). DLD record shows license expiry Oct 2025 — verify current status with RERA before committing to under-construction projects.
Top projects by rank: MAG 318 (#1291)
02Key numbers
Total projects
2
DLD registered
Completed
1
50% done
Under construction
1
in progress
Sales (12m)
69
transactions
Rent contracts (12m)
139
strong demand
Rent contracts / units (12m)
13%
139 / 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 318finishedBusiness Bay | #1291 | 7.6% | — | — | 21,099 | Check a quote → |
| MAG 330activeWadi Al Safa 4 | — | — | — | — | 13,884 | Check a quote → |
06Before you buy from this developer
verify
Confirm the licence on Dubai REST
The DLD extract lists licence #659924 with an expiry field of Oct 2025. That field is not updated when RERA renews, so it is not proof the licence has lapsed. Check Dubai REST before you treat it as expired.
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 ↗AlsoCommunities in this portfolio
AlsoSimilar DLD developer reports
- AA AND HMB REAL ESTATE DEVELOPMENT L.L.C· 69 sales 12m
- ACUBE REAL ESTATE DEVELOPMENT L L C· 69 sales 12m
- AG PROPERTIES L.L.C· 70 sales 12m
- LA MER NORTH PROPERTY CO. L.L.C· 70 sales 12m
- ANDI REAL ESTATE DEVELOPMENT L.L.C· 68 sales 12m
- I K R REAL ESTATE DEVELOPMENT L.L.C· 68 sales 12m
FAQDirect answers
- How many Dubai projects does MAG PROPERTY DEVELOPMENT L.L.C have?
- MAG PROPERTY DEVELOPMENT L.L.C has 2 DLD-registered projects in Dubai: 1 completed, 1 under construction.
- How active is MAG PROPERTY DEVELOPMENT L.L.C in DLD sales?
- 69 registered sales in the last 12 months; typical DLD average around 17,331 AED/m².
- How do I check a MAG PROPERTY DEVELOPMENT L.L.C asking price?
- Run Offer Verdict at /check. The first report is free and compares the broker ask to DLD registered sold prices, not listings.