Corporate Legacy & Vision
Founded in 1978, MAG Group has evolved into one of the UAE’s leading conglomerates, spanning real estate, education, healthcare, and logistics. Its subsidiary MAG Lifestyle Development (MAG LD) – the force behind the MBL Residence project – specializes in luxury properties, renowned for innovative design and unwavering commitment to deadlines. With 40+ subsidiaries across the GCC and 26+ successfully delivered projects, MAG combines global expertise with deep local market insight.
Flagship Project: MBL Residence in JLT
The MBL Residence is a 42-story luxury tower in Jumeirah Lake Towers (JLT) Cluster K, delivered in 2021. It offers 472 fully furnished apartments (1–3 bedrooms) featuring premium finishes, smart-home technology, and panoramic city/lake views. Key amenities include:
Investment Value & East Gate Partnership
MBL Residence offers flexible payment plans: 10% down payment with the balance payable over 24 monthly installments. Located in Dubai’s 9th most expensive rental district (JLT), it delivers 7–9% annual rental yields. Unique selling points include 60% of units featuring west-facing lake views, enhancing long-term value retention. As an exclusive East Gate Agency partner, MAG provides access to upcoming projects like Keturah Reserve and MAG 330 with investor discounts.
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