MAG brings luxury property brand from Dubai to Ticino
The Dubai-based property developer MAG is expanding its luxury concept Keturah into Switzerland: in collaboration with the Ticino-based A++ Group, MAG is currently developing the CHF 185 million Stabio Garden Living by Keturah project with 180 flats in 14 buildings.
MAG is set to realise its first international project in Switzerland. The Dubai-based luxury property developer is planning the Stabio Garden Living by Keturah project in the municipality of Stabio in the Ticino district of Mendrisio. MAG will be working with the globally active A++ Group, based in Massagno TI, which MAG describes in a press release as a “recognised market leader in real estate design and development”.
The project, estimated at 185 million Swiss francs, will comprise 180 units in 14 buildings to Minergie standard, including a fitness area, children’s playground and co-working space. Completion is planned for 2026.
“We are combining our extensive engineering and property experience with the Group’s excellence in design and development,” MAG CEO Talal Moafaq Al Gaddah is quoted as saying. This collaboration will produce “remarkable results and innovative solutions” that will “elevate the lifestyle of residents and redefine the property sector worldwide”.
The new Keturah project follows the launch of The Ritz-Carlton Residences, Dubai, Creekside, which is part of the Keturah Resort, the luxury residential building Keturah Reserve and the soon-to-be-built urban residential complex Keturah Downtown. All are located in the urban area of Dubai.