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Source: Arabian Business
Published on 11/18/2024

Keturah Announces $1.7 Billion in Sales for 2024 in Dubai Real Estate

Keturah Reserve and Ritz-Carlton Residences Drive Strong Demand in Dubai's Luxury Market

Keturah, a Dubai real estate developer, has announced $1.7 billion (AED 6.1 billion) in sales for 2024 from its projects, Keturah Reserve and The Ritz-Carlton Residences Dubai, Creekside.

At Keturah Reserve, a luxury development in Meydan, all townhouses have been sold with 60% of residences and 93% of plots sold. The company plans to launch 26 luxury villas in 2025. Meanwhile, at The Ritz-Carlton Residences Dubai, Creekside 70% of residences and 40% of ultra-luxury mansions have been sold.

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Both projects are in high demand due to their blend of luxury, wellness and exclusive living experiences. Talal Moafaq Al Gaddah, Founder and CEO of Keturah, attributed the success to Dubai’s strategic vision and reaffirmed the company’s commitment to attracting investors in line with the emirate’s growth plans.