Development of real estate in Dubai According to Keturah, sales of Keturah Reserve and The Ritz-Carlton Residences, Creekside, Dubai, totaled AED6.1 billion ($1.7 billion) in 2024.
At Keturah Reserve, the luxury residential development in Meydan, all townhouses have been sold, while 60% of residences and 93% of plots were sold respectively.
In 2025, the company will launch 26 luxury villas for sale.
Keturah Reserve in Dubai
Meanwhile, 70% of residences and 40% of the ultra-luxury mansions at The Ritz-Carlton Residences, Dubai, Creekside, have been sold.
The developer said that both projects are witnessing massive demand due to their unique combination of luxury, well-being, and the enriched experience they offer residents.
Talal Moafaq Al Gaddah, Founder and CEO of Keturah, said: “The impressive sales milestones at both projects reiterates the unique aspects of both Keturah Reserve and Keturah Resort, which offer exceptional design and wellness concepts to the region.
“The unprecedented performance of the real estate sector reflects the wise leadership’s strategic vision and confirms Dubai’s position as one of the world’s top investment destinations.
“At Keturah, we will continue with our mandate to attract investors in alignment with the government’s vision for the emirate.”
Also Read: Dubai real estate: $87m One Park Square development in Jumeirah Village Circle sells out in 4 hours
End Words
With these remarkable sales figures and strong market performance, Keturah continues solidifying its position as a leading luxury real estate developer in Dubai. The successful sales of Keturah Reserve and The Ritz-Carlton Residences, Dubai, Creekside, demonstrate the robust demand for premium properties combining luxury living with wellness-focused design. As the company prepares to launch 26 new luxury villas in 2025, with Dubai’s real estate sector showing consistent growth, Keturah appears well-positioned to maintain momentum in meeting the sophisticated demands of high-end property investors and residents in the emirate.
