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Moafaq Al Gaddah
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Moafaq Al Gaddah

 Chairman, MAG Group
José Antonio López-Monís
Luay Khoury

Moafaq Al Gaddah’s MAG Group has made significant inroads in the UAE’s burgeoning industrial real estate segment during the past 12 months. His company is currently spearheading the development of a warehouse project in Dubai’s Al Quoz area on Al Khail Road.

MAG Group purchased the 5.4ha Warehouses Complex from Tecom just over two years ago. The land has since been divided into nine segments to offer single- and multi-storey facilities.

Meanwhile, the company’s property arm, MAG Property Development (MAG PD), has been researching and pursuing opportunities within the field of affordable residential real estate. The company has conducted extensive demographic studies of Dubai’s resident population, and has identified a niche to develop property for individuals with salaries between $135,000 (AED500,000) and $150,000 (AED600,000).

In addition to MAG PD, Al Gaddah’s real estate operations include Invest Group Overseas (IGO) Property Development, MAGme Property Solutions, Emirates Financial Towers, and Shoumous Properties. Last year, the firm also formed MAG 5 PD, a joint venture with MBM Holding.

Other player

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ALEC
Yu Tao
2
CSCEC ME
Hamish Tyrwhitt
3
Arabtec Holding / Depa Group
Emad Azmy
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Emad Azmy
Dr Eng Sani Sener
5
TAV Group
Samer Khoury
6
Consolidated Contractors Company (CCC)
Mohamed Alabbar
8
Emaar Properties
Stephen Flint
9
Khansaheb Civil Engineering
Patrick McKinney
10
BAM International

Awards

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Conferences

CW In Focus | Inside the Leaders in KSA Awards 2019 in Riyadh
Meet the winners in all 10 categories and learn more about Vision 2030 in this
CW In Focus | Leaders in Construction Summit UAE 2019
A roundup of Construction Week's annual summit that was held in Dubai this September

Latest Issue

Construction Week - Issue 765
Jun 29, 2020