MAG seeks bids for $762m residential project in Meydan
DUBAI, February 29, 2024
MAG, a leading real estate developer in the UAE, has invited bids from qualified contractors for the construction of Keturah Reserve, a luxury residential project in Meydan, Dubai, offering transformational living through the design of space.
The project, which is being built at a total cost of AED2.8 billion ($762 million), is the first residential development in the Middle East to immerse residents in nature through Bio Living to improve the physical, mental and emotional well-being of its occupants, said a statement from MAG Group.
It will feature 93 townhouses, 90 villas, 533 apartments across six apartment block buildings, its stated.
"We look forward to appointing a main contractor for Keturah Reserve, a project that embodies the highest standards of luxury experiences coupled with the regional-first Bio Living," said Talal Moafaq Al Gaddah, the CEO of MAG Lifestyle Development.
"The project has already witnessed great sales from buyers seeking an enriched living experience that combines luxury and wellbeing with unparalleled amenities," he added.-TradeArabia News Service