Dubai-based MAG Property Development will invest USD 212.6 mn (AED 781 mn) in a new residential project in Stabio, Switzerland, Investment Monitor reports.The development, Stabio Garden Living by Keturah, is expected to be completed in 2026 and will consist of 180 units across 14 buildings. The project will be developed in collaboration with Swiss real estate group and design agency A++ Group.

The details: The development, which will include a number of recreational and functional facilities, will have Minergie construction certification, a Swiss building standard that focuses on efficiency and environment-friendly living.

The latest in a string of new Keturah properties: This project follows the launch of several other projects under the Keturah brand, including The Ritz-Carlton Residences in Dubai, Creekside, Keturah Resort, Keturah Reserve, and the upcoming Keturah Downtown developments.

What’s MAG Property Development? Established in 2003, MAG Property Development is a division of Moafaq Ahmad Al Gaddah (MAG) Group, which owns more than 50 companies and branches globally.

OTHER REAL ESTATE NEWS-

Samana Developers is launching a AED 1.4 bn (USD 381 mn) tower project in Majan,between Al Khail Road and Sheikh Mohammed bin Zayed Road,according to a press release. The Samana Barari Twin Towers will span 148.6k square meters, with 1,388 apartments across 54 floors. Handover is scheduled for 2Q 2027.

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