The awarded contract has a value of Dh55 million
MAG, one of the UAE’s leading real estate developers, has announced the appointment of Swissboring on a contract worth Dh55 million to commence shoring and piling work at The Ritz-Carlton Residences, Dubai, Creekside, part of the Keturah Resort. The company will issue a tender for the project’s main contractor in the fourth quarter of 2023.
The Ritz-Carlton Residences, Dubai, Creekside consists of 177 residences across seven buildings and 12 townhouses. Keturah Resort offers homeowners an impressive range of world-class facilities, including a five-star wellness hotel; a private club open only to members; a sorority; a children’s club; an immersive, holistic wellness center; Restaurants with Michelin stars; a 550-meter promenade; sustainable and organically focused retail spaces, 24/7 private parking with valet; and a gated community with unique views of the nature reserve.
Talal Moafaq Al Gaddah, Senior Executive Vice Chairman of MAG, said: “We are pleased with the appointment of Swissboring and we are confident that its expertise will help us realize this project, which will be an ideal option for those looking to an immersive wellness experience. -luxury lifestyle in Dubai with world-class amenities. The project has attracted increased interest from buyers and investors, with a turnover of over Dh2 billion, highlighting the huge demand for unique developments in the market and our unique Keturah concept.”
Located on Dubai Creek opposite Dubai Nature Reserve in Ras Al Khor, Keturah Resort by MAG offers easy access to Dubai City Center, Dubai International Financial Center and Dubai International Airport.
Disclaimer: The Ritz-Carlton Residences, Dubai, Creekside, is not owned, developed or sold by The Ritz-Carlton Hotel Company, LLC or its affiliates (“Ritz-Carlton”). MAG of Life FZ-LLC uses the Ritz-Carlton marks under license from Ritz-Carlton.