MAG Property Development is part of the Moafaq Ahmad Al Gaddah (MAG) Group – a multinational conglomerate based in the UAE. With a 40 year old legacy, MAG Group is one of the largest corporations in the region, maintaining a highly prominent position of leadership among its peers, across the real estate, contracting, engineering, industrial and commercial trading, freight services, and hospitality sectors. Today MAG Property Development’s interests range from pioneering affordable housing initiatives and high-end luxury developments to bringing wellness-focused living to the UAE.
Our Chairman’s Message
I believe that success belongs to those who dare to dream first, then set a plan and finally work on realizing this plan and its objectives
Moafaq Ahmad Al Gaddah
Driven; one word that properly describes Moafaq Al Gaddah, Chairman and Founder of the MAG Group, who has risen from humble beginnings in Syria to lead a multi-billion dollar, all-industry business empire that spans the globe. It’s Moafaq’s unrelenting drive and ambition that has led him to head an organisation of more than 50 companies employing over 2,000 people around the world. His extensive business interests cover the sectors of manufacturing, auto parts, real estate, education, contracting, hospitality, pharmaceuticals, health care, the marine industry and logistics. Proud of what he has been able to accomplish in less than 40 years, Moafaq attributes his success to hard work, perseverance and vision. It is also a result of his incredibly high ethical standards that is fully integrated into group and its stakeholders. Throughout its expansion and movement into new industry sectors, MAG Group has developed a reputation for integrity, transparency and financial probity in all its operations. Over the years, these accomplishments have led to industry recognition in the form of accolades and awards. In 2006, he was named ‘Entrepreneur of the Year’ at the Arabian Business Achievement Awards. He was appointed as the first Ambassador of the Arab Family in 2007 and in the same year was listed in the Top 50 wealthiest Arabs. In 2012, he was ranked 16th in the list of ‘World’s Most Influential Arabs’ and was entered onto the World Finance 100 List. Under Moafaq’s stewardship, MAG Group became a Member of the World Economic Forum 2014 (GGC Membership) – an honour that acknowledged the highest level of management in his company. Moafaq is a Member of the Board Syrian Business Council in the UAE and a Member of the World Economic Forum (Davos) for 2014.
In 2003, we embarked on the journey to change the status quo of the property industry. Shifting our focus from simply developing spaces for living in, to spaces that promote a better lifestyle, we are now MAG Property Development.
Talal M. Al Gaddah
Talal Al Gaddah is the CEO of MAG Property Development, responsible for overseeing the company’s overall direction and its organisational strategy. Heading the organisation’s six departments – finance, project management, sales, marketing, administration and legal – Talal’s leadership and management skills are driving MAG Lifestyle Development to new heights. Talal’s aim is to cement MAG Property Development’s position as one of the top five real estate developers in the UAE, with the ultimate goal of expanding the company’s already considerable footprint to the Far East, Europe and further afield the USA. Talal’s drive and enthusiasm is underpinned by his extensive background of industry success, much of it attained within the MAG Group. Prior to being appointed to his current role, he was Director of Sales and Marketing at Invest Group Overseas, the property development arm of MAG Group and the sister company for MAG Property Development. During his tenure, Talal achieved sales of AED 1.5 billion in 12 months through the company’s Polo Townhouses and The Polo Residences in Dubai, UAE. He was also instrumental in opening up new markets including successfully launching The Gate in Frisco City, Texas, USA. The entire Texas development was initiated by Talal and he was responsible for overseeing its every aspect from conception to completion. Talal’s dynamism in his role was enhanced by a year spent learning Leadership in Communication Strategy skills at the renowned UCLA in California, USA, where he was a student from 2011 to 2012. His studies enhanced the Bachelors’ degree in Business he was awarded in the Netherlands in 2007.
Established in 2003, MAG Property Development have grown from building spaces to homes that cater to your lifestyle and comfort needs. Our developments today span from luxury high-rise residential towers and vast multi-billion dollar communities to bringing innovative real estate projects with the region’s first wellness-focused development.
Recognition of our achievements marked by the industry awards.
Construction Week Power 100
The CEO Middle East Award
Gulf Real Estate Awards
Arabian Business Real Estate Awards
Global Infrastructure Congress
Forbes Middle East
CEO Middle East Awards 2017
Construction Week Power 100
Asia Pacific Entrepreneurship Awards
Construction Week Award
Editorial Choice Award
Inc.’s article 2015
Arabian Business Achievement Awards
Corporate Social Responsibility
As we develop homes, it is very important to keep note of the fact that every developer also develops communities – not only of the brick and mortar kind but as hubs of human civilisation. Corporate Social Responsibility then becomes a cause, rather than a mandatory. Ever since its inception, MAG Property Development has been committed to being a responsible corporate citizen. Across all the communities in which we operate, our approach to Corporate Social Responsibility (CSR) is driven by the need to act responsibly in everything we do. Embedded in our DNA is the desire to give back to our communities in ways that makes a long-term difference.