logo
MAG participates in Blackburn Dubai Property Expo

MAG participates in Blackburn Dubai Property Expo

Zawya12-02-2025
London, United Kingdom: MAG, one of the UAE's leading real estate developers, is set to participate in the Blackburn Dubai Property Expo, taking place on 22-23 February at Stanley House Hotel & Spa, UK. The developer will showcase its flagship project, The Ritz-Carlton Residences, Dubai, Creekside, part of the Keturah Resort, presenting a unique opportunity for an unparalleled lifestyle with unmatched service and amenities.
Dubai's real estate sector continues to see strong growth, driven by HNWIs seeking luxury developments. With nearly 740 branded residences globally and that figure expected to double by 2031, Dubai is a key player, with 140 projects in the pipeline. In H1 2024, branded residences made up 7.2% of all property transactions, generating $7.8 billion—12.6% of last year's total transaction value. These properties offer premium pricing and strong rental yields, making them an attractive investment option.
Located within Keturah Resort, the first fully wellness-certified resort in the MENA region, The Ritz-Carlton Residences, Dubai, Creekside, comprises 200 residences across seven buildings and 12 mansions, each featuring exclusive yacht berthing for residents. Homeowners will benefit from an impressive range of world-class facilities, including a wellness center, a Clubhouse complete with a private members-only club, a ladies' club, a kids' club, fine dining and Michelin-star restaurants, a 550-metre promenade, sustainable and organic-focused retail spaces, 24/7 private parking with valet, and a gated community with unique views of the wildlife sanctuary, Burj Khalifa, Dubai Creek Harbor, and Meydan.
David James, Director of Sales at MAG, said: "The UAE's real estate sector remains strong, with sustained interest from international investors, particularly from the UK. By showcasing Keturah Resort at the Blackburn Dubai Property Expo, we have the opportunity to highlight its unique features and present a premium opportunity set to reshape the real estate landscape in the MENA region."
The project is located on Dubai Creek, providing convenient access to Dubai Downtown, Dubai International Financial Centre, and Dubai International Airport.
For more information, please visit www.theresidencescreeksidedubai.com
Legal Disclaimer
The Ritz-Carlton Residences, Dubai, Creekside, are not owned, developed, or sold by The Ritz-Carlton Hotel Company, LLC or its affiliates ('Ritz-Carlton'). MAG of Life FZ-LLC uses The Ritz-Carlton marks under a license from Ritz-Carlton, which has not confirmed the accuracy of any of the statements or representations made herein.
Source: AETOSWire
Contacts:
Khaled Abu Hishme
khaled@cbpr.me
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Capella at Galaxy Macau Offers Exclusive Previews to the Luxury Resort's Most Distinguished Clientele
Capella at Galaxy Macau Offers Exclusive Previews to the Luxury Resort's Most Distinguished Clientele

Arabian Post

timea day ago

  • Arabian Post

Capella at Galaxy Macau Offers Exclusive Previews to the Luxury Resort's Most Distinguished Clientele

Previewing the Glittering New Landmark, Galaxy Macau celebrates its unwavering commitment to the craft of ultra-luxury hospitality at Asia's Award-Winning Integrated Resort MACAU SAR – Media OutReach Newswire – 11 August 2025 – In a move which promises to redefine the contours of luxury hospitality in Asia, Galaxy Macau announces the soft opening of Capella at Galaxy Macau. This meticulously conceived property brings with it an ethos of crafted luxury, cultural authenticity and highly personalized service. The porte cochère signals the entrance to Capella at Galaxy Macau, where discerning guests can expect to encounter the ultimate expression of handcrafted elegance, bespoke luxury and refined hospitality. This eagerly anticipated exclusive private preview of Capella at Galaxy Macau for the luxury resort's most distinguished VIPs, is offering stays and previews of its food and beverage concepts by invitation only. As Asia's entertainment capital enhances its contemporary lifestyle offering as a global center of UNESCO World Heritage and sensory fusion, the arrival of Capella at Galaxy Macau marks a bold new chapter in the city's rich history, one that thoughtfully aligns with the evolving needs of the discerning global traveler. ADVERTISEMENT Designed by dynamic French interior architects Moinard Bétaille – whose clientele includes the world's leading luxury maisons, palaces, museums and private residences, such as Cartier, Grimaldi Forum, the Monte-Carlo Cigar Club and Opéra Garnier – the 17-storey property has been seamlessly integrated into the Galaxy Macau luxury resort's 'house of brands'; nestled alongside the world's largest collection of luxury hotel brands held under one sphere of influence. Behind the gilded façade lies 95 signature suites and private, infinity-pool Capella Penthouses, which invite guests to unwind within sensory spaces infused with tropical splendor and a tapestry of high art and Michelin ambitions. Together, they catapult Macau's living heritage into a new era of contemporary sophistication. Spacious, light-filled Capella Penthouses feature private balconies with transparent, infinity-edge pools that invite guests to unwind overlooking panoramic views of Macau's glittering architecture. Discerning guests of Capella at Galaxy Macau can expect to encounter the ultimate expression of handcrafted elegance, bespoke luxury and refined hospitality courtesy of Capella Hotels and Resorts, voted the 'No.1 Hotel Brand in the World' in Travel + Leisure's World's Best Awards for the third consecutive year. This exclusive glimpse of Capella at Galaxy Macau marks a new era of ultra-luxury hospitality; offering new possibilities for distinguished stays at the luxury resort. Underpinned by Galaxy Macau's signature 'World-Class Asian Heart' service philosophy, Capella at Galaxy Macau reinforces the city's status as a 'World Center of Tourism and Leisure.' Hashtag: #GalaxyMacau ADVERTISEMENT The issuer is solely responsible for the content of this announcement. About Galaxy Macau Integrated Resort Galaxy Macau™, The World-class Luxury Integrated Resort delivers the 'Most Spectacular Entertainment and Leisure Destination in the World'. Developed at an investment of HK$43 billion, the property covers 1.1 million-square-meters of unique entertainment and leisure attractions that are unlike anything else in Macau. Eight award-winning world-class luxury hotels provide close to 5,000 rooms, suites and villas. They include Banyan Tree Macau, Galaxy Hotel™, Hotel Okura Macau, JW Marriott Hotel Macau, The Ritz-Carlton, Macau, Broadway Hotel, Raffles at Galaxy Macau and Andaz Macau. Unique to Galaxy Macau, the 75,000-square-meter Grand Resort Deck features the world's longest Skytop Adventure Rapids at 575-meters, the largest Skytop Wave Pool with waves up to 1.5-meters high and 150-meters pristine white sand beach. Two five-star spas from Banyan Tree Spa Macau and The Ritz-Carlton Spa, Macau help guests relax and rejuvenate. As the dining destination in Asia, Galaxy Macau offers a wide variety of gastronomic delights, exquisite experiences and ingredients of the finest quality with over 120 dining options from Michelin dining to authentic delicacies; Galaxy Promenade is the hottest shopping destination featuring the latest in fashion and curated experiences in Macau. Spanning over 100,000-square-meter, luxury flagship stores, lifestyle boutiques and our selection of labels are among the more than 200 world-renowned brands for a world-class shopping journey; Galaxy Cinemas, immersive thrills and luxurious comfort go hand in hand at Galaxy Cinemas. All 10 theaters are equipped with the latest audio-visual technology; CHINA ROUGE, one-of-a-kind deluxe lounge that evokes the glitz and glamor of Shanghai's golden era with entertainment in luxury and style; and Foot Hub presents the traditional art of reflexology to make you feel more relaxed and revitalized. For Authentic Macau Flavours & Vibrant Asian Experiences, Broadway Macau – just a 90-second walk via a bridge from Galaxy Macau, has over 35 Authentic Macau & Asian Flavours at its Broadway Food Street. The 2,500-seat Broadway Theatre plays host to world-class entertainers and a diverse array of cultural events. Meeting, incentive and banquet groups are also well looked after with a portfolio of unique venues in Galaxy Macau and a professional service staff. Galaxy International Convention Center (GICC) is the latest addition to the Group's ever-expanding integrated resort precinct and will usher in a new era for the MICE industry in Macau. GICC is a world-class event venue featuring 40,000-square-meter of total flexible MICE, and a 16,000-seat Galaxy Arena – the largest indoor arena in Macau. For more details, please visit About Capella Hotel Group Capella Hotel Group is a leading hospitality management company specializing in luxury hotels, resorts, and serviced residences. Based in Singapore, the rapidly expanding group has two brands under its portfolio and properties across eight destinations. The award-winning Capella Hotels and Resorts is renowned for its service excellence, crafted luxury design and immersive experiences celebrating the locale, while Patina Hotels & Resorts is the group's transformative luxury brand pioneering a fresh perspective in luxury hospitality. For more information visit About Capella Hotels and Resorts The Capella Hotels and Resorts constellation consists of properties located in Singapore, Sydney, Ubud, Bangkok, Hanoi, Shanghai, and Hainan. Future openings include exciting destinations such as Macau, Kyoto, Seoul, Riyadh, Nanjing and Shenzhen. The exceptional hospitality brand, taking its name from the brightest star of the Auriga constellation, shines a spotlight on local heritage, culture and community whilst crafting authentic guest experiences with the highest level of personalised service and combining a legacy of thoughtful design. Capella was named Best Hotel Brand in Travel + Leisure's 'World's Best Awards' from 2023 to 2025. Capella Bangkok and Capella Singapore earned the distinction of being included in The World's 50 Best Hotels in 2023 and 2024. Capella Bangkok was named The World's Best Hotel and Asia's Best Hotel in 2024, with Côte by Mauro Colagreco elevated to Two MICHELIN Stars for 2025. Capella Hotels and Resorts is a member of GHA DISCOVERY, a multi-brand loyalty programme representing a collection of 40 independent hotel brands over 100 countries worldwide. For more information, visit Instagram @capellahotels | Linkedin @capellahotels

Over $500 million: UAE resident brings some of world's rarest gemstones to town
Over $500 million: UAE resident brings some of world's rarest gemstones to town

Khaleej Times

time5 days ago

  • Khaleej Times

Over $500 million: UAE resident brings some of world's rarest gemstones to town

UAE resident FS, a Sri Lankan-born gem connoisseur, has brought two of the world's largest gemstones — a black star sapphire and a green beryl cat's eye — to the Emirates. Priced at over $500 million (Dh1.8 billion), the rare stones, named The Black Star of Eva and The Eye of Hope, have made their first commercial appearances in the UAE. The record-holder, who requested to remain unnamed, is the second generation in a family with deep roots in Sri Lanka's gem mining and trading industry. His father, now in his 80s, was a well-known gem miner and dealer. The black star sapphire has been in the family's possession since the 1970s, originally discovered in Sri Lanka. The green beryl cat's eye was acquired in 2020 from a local dealer in Madagascar. Following two years of gemological research, analysis, and international certification, the stones were submitted to Guinness World Records for evaluation. In 2024, both were officially recognised as the largest of their kind globally. 'Gemologists estimate their combined value to exceed $500 million, with individual valuations ranging between $100 million to $400 million each, depending on buyer interest and market demand,' said FS, the owner of the two rare diamonds. 'These are not just rare stones; they are unrepeatable. The scientific formation takes millions of years. They are cultural and geological marvels,' said the owner. The Black Star of Eva weighs 3,621.35 carats while The Eye of Hope weighs 854.95 carats. They achieved the Guinness World Records in 2024, and they still hold that record. The previous largest black star sapphire, The Black Star of Queensland from Australia, weighed 733 carats and was valued at over $100 million when sold in 2014. In comparison, The Star of Eva is nearly five times larger, said FS. The stones will likely be showcased through private, invitation-only viewings, with a strong focus on high-net-worth individuals, collectors, and royal families. There is also a possibility of future display at prestigious institutions, such as the Louvre Abu Dhabi. Private appointments for viewing and potential acquisition can also be arranged through direct contact. When asked why these rare gemstones have been brought here in the UAE, he said, 'Some people see more than just beauty and rarity in these stones — they see identity, heritage, and history. That's why they resonate so strongly here.' He added that the UAE is the hub of gem collectors; therefore, the two stones will get the best recognition in the world in the Emirates.

OVP says proposed P903-M budget for 2026 sufficient to sustain programs
OVP says proposed P903-M budget for 2026 sufficient to sustain programs

Filipino Times

time6 days ago

  • Filipino Times

OVP says proposed P903-M budget for 2026 sufficient to sustain programs

The Office of the Vice President (OVP) asserted that its requested P903 million allocation will be enough to support its ongoing programs—provided there are no reductions. In a press briefing Wednesday, OVP spokesperson Atty. Ruth Castelo said the proposed budget has already been fully allocated to specific programs, including disaster response and livelihood assistance. 'The P903 million budget of the Office of the Vice President is already allocated per program,' Castelo said. She noted that the proposed budget for disaster response operations in 2026 has significantly increased—from P30.25 million to P56.62 million—due to inflation and additional personnel requirements for expanded projects. Aside from disaster relief efforts, the OVP continues to implement its Mag-Negosyo Ta 'Day initiative, a flagship livelihood program that provides support to small business owners and aspiring entrepreneurs. Castelo said the Mag-Negosyo program is expected to operate on the same budget level as the previous year. While the funding remains unchanged, the OVP maximizes its reach through in-kind donations from private partners. However, Castelo clarified that the OVP does not accept monetary contributions, only goods or equipment directly intended for beneficiaries. 'Kaya sa Magnegosyo, unless diretso na nilang tutulungan yung negosyante na mag-provide ng mga—for example, a hair salon—mag-provide na ng blower or pangkulot ng buhok… depende. Pero the office will not receive cash donations,' she added. Asked about the possibility of budget cuts during the bicameral conference committee, Castelo cautioned that any reduction could hinder the implementation of new programs, although existing initiatives would continue. 'For 2025, we cannot do anything. But we will proceed, we will still pursue the programs that we already have,' she said. Despite scrutiny over its proposed budget, the OVP's Disaster Operations Center (DOC) remains active in areas affected by calamities. From July 14 to August 5, the office conducted 18 relief operations across Quezon City, Pangasinan, Cagayan, Cebu, Negros Occidental, and Zambales—reaching 17,052 families or 82,481 individuals. Most recently, on August 4 and 5, the OVP deployed aid to 1,870 individuals in Abra de Ilog, Occidental Mindoro. More operations are scheduled this week in Malvar, Calaca, Lian, and Laurel in Batangas, targeting at least 2,800 families.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store