Sale
Developers · MAG Group
MAG Group
MAG Group is a major conglomerate in the Middle East and North Africa, with businesses in commerce, real estate, services, and construction. Founded in 1978 by Moafaq Ahmed Al Gaddah, it began as a small spare parts trading business in Abu Dhabi. It now operates across 50 companies, with notable projects like MAG Townhouses and MAG EYE Apartments in Dubai's MBR City.
About MAG Group
MAG Group is one of the developers Savos Realty places clients with. Ask us for the current launches and ready stock.
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SaleQuestions
Buying off-plan from MAG Group
How do off-plan payment plans work in Dubai?
You pay in instalments linked to construction. A 60/40 plan means 60% during construction and 40% on handover. Some developers offer post-handover plans that spread part of the price over one to three years after you receive the keys. Your payments go into an escrow account regulated by RERA, and the 4% Dubai Land Department fee is paid when the purchase is registered.
Is buying off-plan in Dubai safe?
Off-plan sales are regulated by RERA. Every project must be registered, the developer must own the land, and buyer payments are held in a project escrow account that is released against construction progress. We only place clients with developers whose delivery record we know.
Can I sell an off-plan property before handover?
Usually yes, once you have paid a minimum share of the price set by the developer, commonly 30% to 40%. The developer issues a no-objection certificate and the new buyer takes over the remaining payment plan.
Fees and rules as of 2026. We confirm the exact figures for your purchase before you commit. Read the full guides
Get in touch
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Head officeTamani Arts Offices, Office 1461, Business Bay, Dubai
Phone / WhatsApp+971 52 796 7785
Emailinfo@savosrealty.com