MAG Property Development Real Estate Developer | About MAG Property Development

About Mag Property Development

Mag Property Development emerged as a renowned real estate player when DREC needed a quick reset for settling their asset portfolio. Dubai was originally known as Wasl, which generally means connection, reflecting the Emirate’s historic role as the regional trading hub. Mag Property Development Dubai still carries its legacy by maintaining authenticity in providing up top services to its clientele and partners.

The Dubai Real Estate Company (DREC) came into existence by the joint venture of two government entities in 2007. And in 2008, a separate firm altogether emerged to manage DREC’s asset portfolio, which was none other than Wasl Asset Management Group, otherwise known as Wasl. Mag Property Development handles a vast real estate portfolio that includes more than 47,000 residential and commercial properties inside the emirate of Dubai.

Mag Property Development caters to different sectors in their portfolio of services, including lease services for residential villas and apartments, and commercial properties like shops, staff quarters, office space and light industrial and warehousing units across Dubai. Al Karama, Al Muhaisnah, Jumeirah, Al Barsha, Al Wasl, Umm Ramool, Al Bada'a, Jebel Ali, Ras Al Khor and Al Quoz are just a few of the locations where Mag Property Development units are dispersed throughout large geographic area. Mag Property Development offers several customer service locations in Jumeirah, Muhaisnah, Ras Al Khor, and Umm Hurair to provide consumers with local support.

Mag Property Development has 3 major subsidiaries, including Mag Property Development, Wasl Hospitality & Leisure and Dubai Golf. Mag Property Development is one of a very small number of companies in Dubai authorised to provide facility management services to owners association committees in the freehold market. More housing options will be made accessible to serve the market's various segments as Mag Property Development completes its wide variety of new projects scheduled over the coming years. Their varied portfolio of residential and commercial units in the leasehold and freehold sectors is administered by a professional team of over 80 experts. The team members at Mag Property Development can customise our services to match the unique needs of our customers thanks to their vast knowledge of regional laws and best practices.

Mag Property Development Head Office / Head Quarter

Head Office Dubai

Al Mankhool Road, Dubai, UAE

Management Team

Mag Property Development CEO

Mag Property Development’ CEO and DREC’s Vice-Chairman is Hesham Al Qassim. He supervises the strategy to accomplish the mission while adhering to Wasl’s ideology. He is always on the market for target-specific market developments.

Hesham Al Qassim Chief Executive Officer and Vice-Chairman of DREC

Mag Property Development Management Team

Zainab Mohammed- Chief Property Management and Marketing Officer

Zainab Mohammed is aligned with Mag Property Development as their Chief Property Management and Marketing Officer. He majorly looks out for the estate projects currently in the pipeline and development and measures their performance parameters.

Reviews and Ratings

Mehboob Khatoon

Former Resident 2 months ago

I recently shifted to Wasl Bay, and I must say the location stands true to their commitments. The apartments are strategically located, with amenities displaced in every nook and corner. You can easily find a Mall, IKEA store, and many more to keep you fully equipped. For locals, the area has a tonne of recreational opportunities.

Kartik Mehta

Former Resident 2 months ago

This magnificent location has a safe and sound neighbourhood for your family and kids. We have been living in Wasl Emerald’s apartments for the last 8 months, and I found this place quite intriguing. They have accommodated everything just in one place only. I love this place enough to keep it as a home for the next few months per my project’s demand.

Mehreen Navez

Former Resident 2 months ago

I am a tenant in Wasl Green Park, and the apartment is very ventilated. They have aesthetically articulated the apartment so that we as a resident, can use maximum space as per our needs, be it space to accommodate extra people or have a chill party at home. Given the extensive amenities they provide, the rent is fair.

Atif Qureshi

Former Resident 2 months ago

I shifted to Dubai back when my company assigned a project. So, I looked for a reasonable place to live. And, I must say, I got a pretty good deal in my hands and chose to stay at Wasl 51 Apartments. They have reasonably put up the apartment, and I’m impressed by the amenities I got at such a low price.

Nazma Mallick

Former Resident 2 months ago

We have accommodated a 5-bedroom villa with a private pool in one of the nicest locations in Dubai. The location is just perfect as per my and my family’s needs. The apartment is big enough to accommodate everyone and spacious to bring my interior enthusiast outside. I must say, you can be left awestruck by the pricing and amenities that you can get clubbed in the apartment.

Why Choose Mag Property Development ?

Mag Property Development is a prominent real estate developer because of a wide range of reasons and factors. These include:

Mag Property Development illustrates a diverse real estate portfolio in terms of having residential or commercial property like small shops or industrial warehouses. Their catalogue for residential properties includes budget-friendly villas with a private pool or a studio apartment.
Mag Property Development provides a broad variety of services, including technical support, facility management in both the leasehold and freehold markets, and Owners Association Management services.
Within the emirate of Dubai, Mag Property Development supervises a significant real estate portfolio that encompasses more than 47,000 residential and commercial properties.
Mag Property Development provide call centre/ customer support service to tenants around the clock.
Mag Property Development actively contributes to Dubai's economic growth both directly and indirectly to enhance Dubai's success even more.
Mag Property Development offers several customer service locations in Jumeirah, Muhaisnah, Ras Al Khor, and Umm Hurair to provide residents with local support.
The fact that Mag Property Development is freehold and allows you to dwell in apartments or villas till the end is its main benefit.
In terms of design, sales, production, hospitality, and service, they give extensive in-house expertise.

Awards and Recognition

Because of the Mag Property Development services in distinctive sectors, they have some of the most renowned awards and recognitions in Dubai, some of which are listed below:

Prestigious Real Estate Award- 2014
Pioneers of Real Estate Award- 2018 for managing approximately 25K residential and commercial properties.

Frequently Asked Questions (FAQ's)

Where is Mag Property Development head office?

Mag Property Development head office is located in Dubai, UAE.

What projects Mag Property Development own?

Mag Property Development owns various projects like Wasl 51 Apartments, Wasl Green Park, Tiara United Towers, Wasl Bay, Wasl Emerald, Al Nahda, The Nook and many more.

How many countries does Mag Property Development operate?

Mag Property Development operate majorly in Dubai, UAE.

Is buying an "Mag Property Development" property a good investment?

Buying an “Mag Property Development” property sounds like a good investment as they are one of the top-notch real estate players developing magnificent properties across Dubai.

Why should you invest with Mag Property Development?

Mag Property Development is an all time flourishing builder based in dubai. They are basically the settlers of skyscrapers and iconic masterpieces of properties across Dubai. They all together provide huge profit margins with an attractive ROI for investment motives.

Which were the best projects of Mag Property Development?

The best projects of Mag Property Development include Wasl Village, Wasl Green Park, Wasl Port view Buildings, Wasl Nad Tower, Dubai Autism Tower, Wasl Pearl, Al Souk Al Kabeer, Wasl Bay, Al Bada, and many more.