Dubai Real Estate: Keturah Announces $1.7bn in Sales for 2024

Sunday, 24 November 2024

In a remarkable milestone, Keturah, a leading real estate developer in Dubai, has announced a total of AED 6.1 billion ($1.7 billion) in sales for its prestigious developments, Keturah Reserve and The Ritz-Carlton Residences, Dubai, Creekside, for 2024.

Keturah Reserve: Meydan’s Premier Luxury Residential Development

• 100% of townhouses sold
• 60% of residences sold
• 93% of plots sold
• Keturah Reserve, located in the heart of Meydan, has experienced exceptional demand, with all townhouses sold out. A significant portion of the residences and plots have also found owners, solidifying its position as a highly sought-after address.
• Looking ahead: In 2025, Keturah plans to launch 26 luxury villas for sale, continuing its expansion in the luxury real estate sector.

The Ritz-Carlton Residences, Dubai, Creekside: Ultra-Luxury Mansions & Residences

• 70% of residences sold
• 40% of ultra-luxury mansions sold
• The Ritz-Carlton Residences, Dubai, Creekside, is also seeing impressive sales figures, with a high percentage of both residences and ultra-luxury mansions already spoken for.

Why the Demand?

Both projects offer a unique blend of luxury, wellbeing, and an enriched living experience, which is driving immense demand from investors and residents alike.

Vision of Keturah’s CEO

Talal Moafaq Al Gaddah, Founder and CEO of Keturah, emphasized:

“The impressive sales milestones at both projects reiterate the unique design and wellness concepts that Keturah Reserve and Keturah Resort offer to the region. The unprecedented performance of the real estate sector reflects the strategic vision of our wise leadership and confirms Dubai’s position as one of the world’s top investment destinations. At Keturah, we remain committed to attracting investors in alignment with the government’s vision for the emirate.”

Dubai’s thriving real estate market continues to attract global attention, positioning itself as a prime destination for investors seeking luxury living with a focus on well-being and innovation.