MAG Development, a division of MAG Holding Group in the field of real estate construction, recently confirmed that all its current and future projects will be implemented in strict accordance with the master plan for the development of the UAE for the next 50 years.
Thus, MAG Development will be the first of Dubai's developers to adopt such a long-term strategy for the new projects implementation based on innovation in order to introduce new standards of development and modernization in the UAE real estate sector as one of the pillars of the strategy of diversification of the country's economy. In practice, this will mean the widespread introduction of innovative ideas, quality projects and
Moreover, in November last year, MAG Development launched its own innovative ‘Naam Dubai’ program, with a package of services and an easy selection of payment plans that allow customers to purchase homes in accordance with their needs and, most importantly, mortgage repayment options.
This program includes attractive payment plans for up to 24 years, fully compatible with market requirements. Various aspects of the program were carefully designed to ensure social and financial stability for the program participants — home buyers, with optimal payments for services with a worthy return on investment for investors.
Talal Moafak Al-Gadda from MAG Development said the new 50-year development plan is the largest catalyst for all sectors of the UAE economy and one of the most important guarantees of the future success for MAG Development, due to its openness to the highest international standards in construction and urbanization .
Al-Gadda also noted that MAG Group is one of the oldest companies in the UAE. It began its activities in the seventies of the last century, actively participating in shaping the modern look of the UAE, and will continue to actively participate in shaping its brightest future.
He noted that the
The project was developed in accordance with the latest standards, which ensure the best use of the premises and reduce the cost of services and operating costs, which increases the return on investment.
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