AED 11,200,000 was AED 11,400,000
| Deal type | Below OP |
| Price | AED 11,200,000 |
| Original price | AED 11,400,000 |
| Saving | AED 200,000 (1.8%) |
| Bedrooms | 2 |
| Size | 2498 sq.ft |
| Type | Apartment |
| Status | Off-Plan |
| Handover | Q4 2027 |
| Developer | MAG Group |
| Area / Master development | Al Jaddaf |
| Sub-community / Phase | Creekside |
| Community | Al Jaddaf |
This 2 bedroom residence with maid's room in The Ritz-Carlton Residences, Dubai Creekside is asking AED 11,200,000. The original purchase price was AED 11,400,000, placing the asking price AED 200,000 (1.8%) below the original price. The unit provides 2,498 sq.ft at AED 4,484 per sq.ft, fully furnished by Ritz-Carlton with premium Italian designer brands. The agent notes this is a direct seller transaction. Handover is expected in Q4 2027.
The agent states the original purchase price was AED 11,400,000. The current asking price of AED 11,200,000 represents a reduction of AED 200,000 (1.8%) from that original price. While the percentage is modest, below-OP pricing on a Ritz-Carlton branded residence is noteworthy: branded residences typically command premiums on resale, not discounts. The seller is exiting below cost, which is uncommon for this asset class.
Christie's International Real Estate reports the project starting price at AED 11,000,000 for 2 bedroom residences. This unit's asking price of AED 11,200,000 sits AED 200,000 above the starting price but AED 200,000 below this specific unit's OP, reflecting its particular position within the development. The original price should be verified against the seller's SPA.
All residences in the development are delivered fully furnished to Ritz-Carlton standards. The furniture programme features Italian brands including Minotti, Poliform, and B&B Italia. Kitchen appliances are by Gaggenau, Miele, Sub-zero and Wolf. The interiors were co-designed with Delos, a pioneer in wellness real estate, incorporating evidence-based wellness technologies into the living environment. The furnishing is included in the purchase price and forms part of the branded residence proposition.
The Ritz-Carlton Residences is an ultra-luxury branded residential development by MAG Group (through its wellness division MAG of Life) in partnership with Marriott International. Located within the Keturah Resort in Al Jaddaf on Dubai Creek, the gated community spans approximately 80,000 square metres and features eight G+7 residential buildings with 2 and 3 bedroom apartments and penthouses, alongside twelve waterfront mansions with up to 8 bedrooms.
The project is WELL Certified, adhering to international wellness building standards, and incorporates the Delos wellness system. The development features distinctive architectural designs described as Butterfly and L-shaped configurations, offering views of Dubai Creek, Downtown Dubai, and the Ras Al Khor Wildlife Sanctuary.
Amenities include a private beach, a private marina with yacht berths accommodating vessels up to 36.5 metres, the Keturah Wellness Centre and Spa, swimming pools, a children's pool, gym, cinema, co-working zone, and a residents club with separate areas, private kitchens, dining rooms, and business centres. Dining options include Michelin-star chef restaurants along the retail promenade. Bespoke butler service and 24-hour concierge are available to all residents.
The Ritz-Carlton Residences are situated in Al Jaddaf on the historic Dubai Creekside, adjacent to the Ras Al Khor Wildlife Sanctuary. The sanctuary provides a unique natural setting with mangroves and flamingo colonies visible from the residences. The development has direct access to Al Khail Road and Al Ain Road. Creek Metro Station and Al Jaddaf Metro Station are nearby on the Green Line. Downtown Dubai and DIFC are approximately 20 minutes by car, and Dubai International Airport approximately 15 minutes.
This is an off-plan resale with handover expected in Q4 2027. The project was launched in Q1 2022 with an original completion target of 2025, later revised to Q4 2027. Construction commenced in November 2024 with CECEP Techand Middle East as the main contractor. A post-handover payment plan extending to 2031 is available through the developer. The buyer should confirm the remaining balance, payment schedule, and transfer mechanics with MAG Group. A No Objection Certificate from the developer is required for the resale.
The bedroom count, maid's room, size, Ritz-Carlton furnishing, direct seller status, original purchase price, asking price, and Q4 2027 handover are sourced from the agent's resale brief received on 14 August 2026. The original price of AED 11,400,000 should be verified against the seller's SPA. The bathroom count, floor, view, and exact building within the development were not stated and have been omitted. The handover was originally scheduled for 2025 and has been revised to Q4 2027; this timeline should be confirmed with MAG Group. Stable project facts are drawn from Christie's, Propsearch, Provident Estate, and MAG Group project information. Buyers should independently verify all facts, obtain a NOC from MAG Group, and seek independent legal advice before proceeding.
The asking price is AED 11,200,000. This is a 2 bedroom residence with a maid's room, offering 2,498 sq.ft, fully furnished by Ritz-Carlton with Italian designer brands. The agent notes this is a direct seller transaction.
The original purchase price was AED 11,400,000. At an asking price of AED 11,200,000, the unit is offered AED 200,000 (1.8%) below the original price. While the percentage is modest, this represents a below-cost exit on a Ritz-Carlton branded residence where resale premiums are typical. Christie's reports the starting price for the project at AED 11,000,000. The original price should be verified against the seller's SPA.
Based on a built-up area of 2,498 sq.ft and an asking price of AED 11,200,000, the rate is approximately AED 4,484 per sq.ft.
All Ritz-Carlton Residences are delivered fully furnished with premium Italian brands including Minotti, Poliform, and B&B Italia for furniture, and Gaggenau, Miele, Sub-zero and Wolf for kitchen appliances. The interiors were co-designed with Delos, a pioneer in wellness real estate. The furnishing is included in the purchase price.
The Ritz-Carlton Residences is an ultra-luxury branded residential development by MAG Group in partnership with Marriott International, located within the Keturah Resort in Al Jaddaf on Dubai Creek. The gated community spans approximately 80,000 square metres and features eight residential buildings with 2 and 3 bedroom apartments and penthouses, alongside twelve waterfront mansions. The project is WELL Certified and incorporates the Delos wellness system. Handover is expected in Q4 2027.
Residents have access to a private beach, private marina with yacht berths accommodating vessels up to 36.5 metres, Keturah Wellness Centre and Spa, swimming pools, gym, cinema, co-working zone, residents club with separate areas and private kitchens, Michelin-star dining, retail promenade, bespoke butler service, and 24-hour concierge. The development overlooks the Ras Al Khor Wildlife Sanctuary with views of flamingos and mangroves.
The agent states this is a direct seller transaction, meaning the buyer deals with the property owner rather than through a chain of intermediaries. This can simplify negotiations and potentially reduce transaction costs. The seller's identity and SPA details should still be verified through standard due diligence.
Buyers should verify the original purchase price of AED 11,400,000 against the seller's SPA, confirm the exact unit, building, floor, and view, check the current construction progress and Q4 2027 handover timeline with MAG Group, understand the service charge structure and any branded residence management obligations, confirm the payment plan and remaining balance, and obtain independent legal advice. The project was originally scheduled for 2025 handover and was revised to Q4 2027.
Buyer costs
Dubai transfer costs for an off-plan unit. Every figure editable — NOC is set by the developer and varies.
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Total cost
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Full payment schedule and unit details are released to qualified buyers on enquiry.
Indicative only and not a quotation. Excludes any balance payable to the developer, mortgage arrangement costs and service charges.
Finance
Off-plan: UAE lenders generally finance at handover. Plan the position you will be in.
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Monthly payment
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Indicative only, not an offer of finance and not advice. UAE loan-to-value caps depend on residency, property value and whether it is your first purchase, with tighter limits on off-plan. Rates move; confirm current terms with your bank or broker.
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