Amidst the ongoing sales boom for ultra-luxury property in Dubai, the wellness real estate department of MAG Group; MAG Lifestyle Development is bringing The Ritz Carlton Residences to the UAE in partnership with Marriott International. Not only will this project be the first residential Ritz-Carlton branded development in the emirate, but it will also be the first in the MENA region to feature the WELL Health-Safety Rating for its buildings. Combining a sophisticated style, premium 5-star services and holistic luxury living, The Ritz Carlton Residences will be set in the historic and cultural Dubai Creek area, in Creekside.
Interested real estate buyers have the unique opportunity to choose from a limited selection of bespoke 2-3 bedroom apartments and palatial penthouses with sky gardens, as well as 12 ultra-refined 8-bedroom mega-mansions, which will have a direct view of the stunning wildlife sanctuary Ras Al Khor. For a customized approach, the latter are available in 3 architectural themes and designs: Earth, Sky and Water. The starting price for exclusive residences ranges between an estimated AED 11M-AED 170M (USD 3M-USD 46.3M).
The branded residential project will incorporate Delos’s evidence-based wellness innovations, aiming to provide a healthier lifestyle to homeowners. In fact, the Ritz Carlton Residences is part of the KETURAH Resort, which will be constructed in line with the highest luxury and wellness standards, offering an immersive, holistic wellness center, as well as a private members’ club, a retail promenade, Michelin-star restaurants and a signature hotel.
As mentioned earlier, MAG Lifestyle Development is part of MAG Group, which was established back in 1978. As of 2022, the wellness real estate division has an impressive portfolio worth over AED 3.7B (USD 1B), with a strong focus on creating high-quality projects that exceed all expectations. Moreover, as a front runner of innovation in the property sector, MAG Lifestyle Development was the first developer in Dubai to offer its clients the opportunity to acquire properties with cryptocurrency back in 2017.
Due to the fact that property purchasers worldwide are opting for more spacious homes, which guarantee a higher quality of life, Dubai developers have started launching some of the most exclusive wellness-based projects. For instance, Select Group announced the construction of Six Senses The Palm, the first Six Senses project in the UAE on Palm Jumeirah. Besides offering exquisite villas, penthouses and apartments, this exclusive development will be home to a longevity clinic, a biohack room and an IV lounge, where residents are welcome to try the latest anti-ageing treatments.