MAG awards $762m contract for Ritz-Carlton Residences
01 March 2024
MAG, a leading real estate developer in the UAE, has awarded a AED2.8 billion ($762 million) contract to Cecep Techand Middle East for the construction of ‘The Ritz-Carlton Residences, Dubai, Creekside’ part of the Keturah Resort, which combines luxury and wellness.
The Ritz-Carlton Residences, Dubai, Creekside comprises 249 residences across seven buildings and 12 mansions, each featuring exclusive yacht parking for residents.
Keturah Resort offers homeowners an impressive range of world-class facilities, including a seven-star wellness centre, a five-star hotel, a private members-only club, a women’s club, a kids club, a holistically immersive wellness centre, Michelin-star restaurants as well as a 550-m promenade and sustainable and organic-focused retail spaces.
The project is due for completion in Q4 2027.
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