Staff Report,
Dubai, UAE
Moafaq Al Gaddah (MAG), one of the leading real estate developers in the UAE, has appointed CECEP Techand Middle East to construct the ‘Ritz-Carlton Residences, Dubai, Creekside’, which is part of the Keturah Resort. The construction value of the project is valued at US$760 million (Dh2.8 billion), with its completion slated for the last quarter of 2027.
The Ritz-Carlton Residences, Dubai, Creekside comprises 249 residences across seven buildings and 12 mansions, each featuring yacht parking for residents. Keturah Resort offers homeowners a range of facilities, including a seven-star wellness center, a five-star hotel, a private members-only club, a women’s club, a kids club, a wellness centre, Michelin-star restaurants, a 550-metre promenade, sustainable and organic-focused retail spaces, 24/7 private parking with valet, and a gated community with views of the wildlife sanctuary, Burj Khalifa, Dubai Creek Harbor, and Meydan.
Talal Moafaq Al Gaddah, Chief Executive Officer of MAG, said, “We are pleased with the signing of the LOI for the main construction works for Keturah Resort, a project that embodies the highest standards of ultra-luxury experiences coupled with regional-first unique wellness features. This project promises to redefine the real estate sector, and we have already witnessed great sales from buyers seeking living environments that enhance health and well-being with the best luxury amenities.”
Keturah Resort by MAG will be the first in the MENA region to pursue the WELL Health-Safety certification for its buildings. The project is located on Dubai Creek, facing Dubai’s wildlife sanctuary in Ras Al Khor, providing convenient access to Dubai Downtown, Dubai International Financial Centre, and Dubai International Airport.
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Also read: MAG announces Dh781 million Keturah project in Switzerland
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