Under construction properties
Keturah Ritz Carlton Residences
$2,528,400 — $79,047,200
  • Property type:
    1 bedroom, 3 bedroom, Mansion
  • Two-Year Price Appreciation:
    25%
  • District:
    Dubai Creekside
  • Developer:
    MAG
  • Class of the property:
    "A"
  • Class of the district:
    "A"
  • Rating Masterpiece:
    4★
  • Reliability of the developer:
    5★
  • Down payment:
    20%
  • Payment plan:
    40/60
  • Completion date:
    Q2 2025

About district
Location
  • District
    Dubai Creekside
The Dubai Creekside area offers a wide range of residential real estate, including multi-building complexes with studios and apartments ranging from one to four bedrooms. These properties attract buyers due to the variety of shared amenities, such as children's playgrounds, BBQ areas, fitness centres, and more.

The luxurious villas with personalized amenities such as a swimming pool and garden are a rarer type of property, and can be found within The Ritz-Carlton Residences development.

Dubai Creekside's residential units are suitable for a variety of purposes and are in demand among families and expatriates planning to move to Dubai for permanent residency or to have a vacation home. These properties are also excellent options for investors seeking stable rental income.

About developer
MAG
MAG Property Development is the real estate development arm of MAG Group Holding. MAG PD is one of the largest names in the region’s real estate industry, with current project estimates at over USD 5 billion.

The company focuses on developing and delivering exceptional projects that are created with the aim of enhancing lifestyles and providing long-term benefits to both investors and customers. Their developments span from luxury high-rise residential towers and vast multi-billion dollar communities, to innovative real estate projects that feature wellness-focused lifestyles.


About building
About Keturah Ritz Carlton
Nestled in the historic area of Creekside, The Ritz-Carlton Residences will be the first residential Ritz-Carlton branded project in the emirate of Dubai. The project was launched in Q1 2022 by MAG of Life, part of MAG Group, who signed a deal with Marriott International to bring the complex to the emirate. One of the most noteworthy facts about The Ritz-Carlton Residences is that it is set to become the first project in the MENA region to pursue the WELL Health-Safety Rating as part of the WELL Community by MAG of Lifestyle Development.

Prospective real estate buyers will be keen to learn that all units will be sold fully-furnished and mega-mansions in particular, will feature glass-framed courtyards, covered terraces, as well as landscaped gardens. The mansions will be available in 3 designs and architectural themes, called the Energizing Earth Mansion, the Tranquil Water Mansion and the Serene Sky Mansion. Each residence will have the latest wellness solutions designed in collaboration with Delos, such as the Air and Water Purification Systems and dynamic lighting, to enhance the well-being of its occupants. Not forgetting indoor and outdoor furniture, as well as decorative lighting by some of the leading brands in the industry, including Giorgetti, Baroncelli, Foscarini and Cessina, just to name a few.

In terms of layouts, both 2 and 3-bedroom apartments plan to contain staff rooms, walk-in closets, living rooms, dining rooms and more. In addition, residents will be able to benefit from a private garden/garden resort and a swimming pool, depending on the property type they will choose. Meanwhile, apartment complexes in The Ritz-Carlton Residences will feature a residence lobby of 753 sq. ft, a gallery and an elevator lobby of 753 sq. ft, and a library lounge of 968 sq. ft, in addition to a gym, a double-height parking lobby and a residential drop-off area.

At the same time, the above-mentioned palatial mansions will each have a specific focal point depending on the design theme. For instance, the Water Mansions will boast a water Zen garden, whereas the Earth Mansions will feature an earth Zen garden with gorgeous landscaped spaces. In addition, the residences will have a void on each floor overlooking the gardens, which adds to the stunning look of the interiors. Speaking of interiors, the Water Mansions will be accentuated with brass metal, green marble and travertine stone, while the Earth Mansions will be decorated with soothing white and gray finishes.
Features / Amenities
  • Parking
  • Private boat dock for yachts
  • Private and secured helipad
  • Beach Access
  • Swimming pools
  • Gym
  • Yoga rooms
  • Kid’s Play Area
  • Party hall cinema
  • Spa
  • Organic plants garden

Apartment
Floor Plans
Apartments, 1 bedroom / 1495 sqft — 1739 sqft
$2,528,400 — $3,061,200
Apartments, 3 bedroom / 3847 sqft
$5,543,800
Mansion, 8 bedroom / 41903 sqft — 45455 sqft
$72,319,700 — $79,047,200

Process of purchasing
Process of purchasing property
1
Step №1
We identify a suitable property that meets your needs and has promising potential for appreciation.
2
Step №2
We confirm the property's availability with the developer, keeping in mind that properties in Dubai can be snapped up quickly.
3
Step №3
Our team verifies the escrow accounts and the project card via the Dubai Land Department website.
4
Step №4
You place an Expression of Interest (refundable) or a Deposit (non-refundable) - 2-5% to provisionally reserve the property under your name. This deposit is paid into the developer's bank account.
5
Step №5
We complete and sign the Booking Form online.
6
Step №6
You transfer the remaining part of the initial payment (10-20%) within 1-2 weeks. This payment is also made to the developer's bank account.
7
Step №7
We handle the payment of the Dubai Land Department (DLD) fee, which amounts to 4% of the property value.
8
Step №8
You cover additional fees: the administration fee (580 AED) and OQOOD - temporary ownership certificate (2,100 AED for sale price below 500k - 4,200 AED for sale price above 500k).
9
Step №9
We sign the main Sales and Purchase Agreement (SPA) either remotely, at the developer's office, or via post. This typically occurs within 1-2 months.

Example of the agreement
10
Step №10
You continue with the remaining payments, which are made to the project's escrow account, until the handover or key collection.
11
Step №11
Upon completion of the full payment, you will receive the Title Deed - the ownership certificate (250 AED) and then proceed to take over the property and collect the keys.

Title Deed
Learn all the details about this project on the free zoom-consultation with our real estate advisor
As a result of the meeting, you'll receive:
Personalized investment strategy
Detailed Сash-on-cash calculation
Legal tax optimization options
Insights about mortgage and purchase process
Head office:
Office 213, 2 Floor, MSM 1 Building, Al Safa 1, Dubai, UAE
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E-mail:
Phone:
License №1092965
P.O. Box:
454924
Real estate investment agency and management company with over 13 years of experience in the Dubai market
Office 213, 2 Floor,
MSM 1 Building, Al Safa 1,
Dubai, UAE