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United Arab Emirates Procurement News Notice - 81499


Procurement News Notice

PNN 81499
Work Detail Located in Keturah Resort, The Ritz-Carlton Residences, Dubai, Creekside comprises 12 mansions and 200 residences, and is scheduled for completion by Q4 2027. Keturah, a leading luxury real estate and hospitality brand, has announced that The Ritz-Carlton Residences, Dubai, Creekside worth $762 million (AED 2.8 billion) has now completed shoring, piling, excavation, and infrastructure work. With CECEP Techand Middle East as the main contractor, construction is advancing and on schedule for completion by Q4 2027. The project will feature 200 premium residences across seven buildings, alongside 12 exclusive mansions. Each residence will be equipped with yacht berthing facilities and benefit from an extensive array of world-class amenities, including a wellness centre, a private clubhouse, Michelin-star restaurants, and sustainable, organic-focused retail spaces. Homeowners will have exclusive access to a private members-only club, a ladies’ club, a kids’ club, and a 550-meter promenade. This gated community will offer views of Dubai’s iconic landmarks, including Burj Khalifa, Dubai Creek Harbour, Meydan, and the Ras Al Khor Wildlife Sanctuary. Mo Moghrabi, Chief Development Officer at Keturah, said, “We are pleased with these construction milestones and the start of work on the project by CECEP. The Ritz-Carlton Residences, Dubai, Creekside project reflects Keturah’s efforts to provide an immersive wellness-luxury lifestyle across Dubai, adopting a comprehensive approach and offering top-notch amenities within The Residences to meet the global appeal on premium properties across the emirate.” He continues, “This project is set to transform the real estate landscape in the region, and our vision is to create spaces where residents can thrive in harmony with their surroundings, enjoying a lifestyle that goes beyond traditional luxury.” In partnership with Marriott International, The Ritz-Carlton Residences, Dubai, Creekside, aims to set a new standard in the UAE’s luxury real estate sector. According to Jaidev Menezes, Regional Vice President of Mixed-Use Development, EMEA at Marriott International, “We are excited at this significant milestone bringing us a step closer to offering future homeowners of The Ritz-Carlton Residences, Dubai, Creekside, an exceptional lifestyle marked by the legendary anticipatory service of The Ritz-Carlton brand.” The development adheres to WELL Certification Standards and meets the WELL Health-Safety Rating, reinforcing its commitment to wellness and safety. Designed with ultra-luxury leisure spaces and state-of-the-art spa facilities, The Ritz-Carlton Residences will cater to the discerning tastes of global high-net-worth individuals seeking wellness-focused luxury properties in Dubai.
Country United Arab Emirates , Asia
Industry Construction
Entry Date 07 Nov 2024
Source https://www.constructionweekonline.com/news/with-infrastructure-work-completed-construction-begins-on-762m-ritz-carlton-residences-dubai-creekside

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