Mada’in Properties

About Mada’in Properties

Mada’in Properties is a privately held joint-stock company founded in 2006 by well-known individuals, Sharia-compliant banks, investment banks, public joint-stock companies, government agencies, and semi-government agencies. Mada’in began its adventure in the real estate business in 2007 when the company’s promoters raised and deposited AED 500 million in paid-up capital, which was used to purchase critical properties for development throughout Dubai. Despite the financial crisis of 2008, the company has risen above the difficulties by reevaluating its operations and rearranging its priorities. The company opted to create the Marina arcade residential tower in 2012 and has since made a name for itself in the real estate market. Mada’in Properties is a real estate development company that strives to promote a modern lifestyle and high product value in all of its projects. The developer aspires to be a world-class boutique property developer with the purpose of transforming land into landmarks and creating good communities. The Marina Arcade’s new designs were unveiled in 2013, and the contract was won in the fourth quarter of that year.