Developer MAG Has Set the Latest Ritz-Carlton Residences at Dh200 Million

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  • 2 weeks ago
  • Dubai Property Market, Ritz-Carlton,
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Ritz Carlton and Keturah Reserve

Four Ritz-Carlton Residences Issued In Dubai, Each With Moorings For 120-Foot Boats.

Developers in Dubai are moving quickly to provide investors with increasingly opulent residences. MAG has recently produced four of them, each costing a staggering Dh200 million. They are a component of The Ritz-Carlton Residences on the Dubai Creekside, a complex of 12 homes.

The most recent four mansions include subterranean parking for up to eight automobiles. In addition, a built-up space of up to 48,000 square feet. There is a private mooring for up to 120-foot boats for each residence. The price of each of the first eight houses was Dh177 million.

Talal Moafaq Al Gaddah, Senior Executive Vice Chairman of MAG, remarked, “We are happy with the response to our launches of the Earth and Water homes.”  The meticulous planning that went into building the homes, signifying knowledge, imagination, and fresh starts. Took the elements of nature into consideration.

By adopting a holistic strategy to providing first-rate facilities, “The Ritz-Carlton Residences, Dubai, Creekside project represents MAG’s continued efforts to promote an integrated wellness-luxury lifestyle throughout Dubai.” The 12 Ritz-Carlton residences are a part of the “Keturah Resort.” That is available on the Dubai Creek and faces the Ras Al Khor nature reserve.

According to market sources, demand in Dubai’s luxury residences is expected to remain high during the first 10 days of 2023. With most of the present focus shifting to what is now being offered off-plan. In the upcoming days, as prospective purchasers look for new places to invest their money. Expect to see more high-end debuts.

Building the “Sky Manions”

The Ritz-Carlton Residences “Sky” residences are represented in the most recent MAG edition. The “natural components of the sky” are reflected in the exterior and interior designs. This results in rooms that are well lit and enhanced by specially built designer furniture. Only “hand-selected” high-quality materials from craftsmen would be used in the residences.

According to MAG’s statement, “the utilization of glass-framed courtyards, detachable architectural screens, and covered terraces. Offer continuous journeys for the occupants to interface with the interiors and gardens.”

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