JRE · Joshi Real Estate
Marriott Residences exterior view - Business Bay, Dubai - by Fortune 5
Sold outFortune 5

Marriott Residences

Business Bay, Dubai
From
POA
Handover
DEC 2024
Enquire
The Project
From
On request
Status
Sold out
Handover
DEC 2024
Size
from 0 sqft
Residences
-
Construction
79% complete
Furnishing
Unfurnished
Service charge
22-25 AED/sqft
Buildings
1

Marriott Residences Business Bay is a single tower developed by Fortune 5, carrying the Marriott brand into the owner-occupier and investor market within one of Dubai's most established mixed-use districts. The project reached 79 per cent construction completion ahead of its December 2024 handover date, and is now fully sold.

# The Tower and Its Position in Business Bay

Business Bay sits on the banks of the Dubai Water Canal, roughly equidistant between Downtown Dubai and the older commercial core of Deira. It is a dense, vertical district: towers built for corporate headquarters stand alongside hotels, serviced residences and long-term apartment buildings, which gives the neighbourhood a round-the-clock energy that purely residential districts rarely produce.

The Marriott Residences occupies this context as a branded offering, which carries specific implications for buyers. The Marriott name governs service standards, staffing and the physical specification of shared spaces. Fortune 5, the developer, registered the project under escrow number 279079, and the single-building format keeps the ownership community compact relative to the larger master-planned schemes elsewhere in the city.

# Residences, Layouts and Specification

The available data does not include unit counts, floor-plate breakdowns or size ranges, so direct comparisons with neighbouring buildings are not possible here. What the project record does confirm is that residences are delivered unfurnished, and that service charges are fixed in the 22–25 AED per square foot band. For a branded residence in Business Bay, that range sits broadly in line with the maintenance obligations attached to hotel-managed buildings across the district.

Kitchens are fitted with built-in appliances: gas hob, gas oven, canopy hood, refrigerator, washing machine, dishwasher and microwave. That level of white-goods inclusion is standard for the segment.

# Amenities and the Marriott Service Layer

The amenity programme is drawn directly from the hospitality model rather than added as an afterthought. A pool deck with loungers, a spa, a gym and changing rooms form the physical leisure offer. Alongside those, the building provides concierge service, valet parking and in-residence dining, the last of which meaningfully changes the calculus for buyers who want hotel convenience without hotel neighbours.

# For the Business User

Two further amenities are worth noting for buyers whose primary motivation is a Dubai base for work: a meeting room and a media room sit within the building. These are uncommon in standard residential towers and suggest the building was positioned partly at executives and business travellers seeking a permanent address.

# Location: Canal-Side Business Bay and Its Connections

Dubai Mall is approximately 4.6 kilometres from the building. South Ridge Park, one of the few green open spaces in this part of the city, sits around 4 kilometres away. Jumeirah Beach is reachable within 7 kilometres, and Dubai International Airport is 17 kilometres out, a straightforward drive along Sheikh Zayed Road or via the Al Khail corridor.

City School Holdings International operates a campus roughly 4.3 kilometres from the tower, relevant for buyers with school-age children who want to remain in the urban core rather than relocating to villa districts further from the centre.

# Who This Building Suits, and Where It Sits in the Market

Marriott Residences Business Bay addresses a specific buyer: someone who values a globally recognised hospitality brand as the operating framework for their home, and who wants proximity to Downtown Dubai without paying the Downtown premium on the purchase price. The service charge range of 22–25 AED per square foot is a material annual commitment and should be modelled carefully against projected rental yields or personal usage patterns.

The project is fully sold, making this primarily relevant for secondary-market buyers or investors tracking resale availability. At 79 per cent construction progress and a December 2024 target completion, units that do return to market will do so close to, or shortly after, handover, which concentrates both the opportunity and the due diligence timeline.

Structure

Payment plan

Payment plan
Post-handover available
  1. Phase 1
    20%
    On booking
  2. Phase 2
    30%
    During construction
  3. Phase 3
    15%
    Upon Handover
Calculator

Payment plan worked out

Enter a target price to see how the payment stages land against your budget.

Stage%AED
On booking20%AED 0
During construction30%AED 0
Upon Handover15%AED 0
Total65%AED 0
Discuss this plan with an advisor

Indicative only. Your advisor will confirm the final numbers, including 4% DLD, trustee, admin, mortgage and developer-level charges.

Lifestyle

Amenities

Spa
Valet
Changing Room
Pool Deck With Lounger
Concierge Service
In-Residence Dining
Gym
Meeting Room
Media Room
Setting

Location

Set in Business Bay, Dubai. Explore more in our Business Bay guide.

Nearby
  • South Ridge Park4 km
  • Dubai Mall4.6 km
  • City School Holdings International4.3 km
  • Jumeirah Beach7 km
  • Dubai International Airport17 km

Distances and times shown are approximate, computed against generalised landmark coordinates and typical traffic conditions. Use them as a guide; actual commute time depends on building exit, district routing and time of day.

Resources

Documents

Escrow number
279079
Service charge
22-25 AED/sqft
Furnishing
Unfurnished
Construction start
2023-11-02
Construction end
2024-12-31
0
Buildings
1
Readiness
79%
Buildings
  • Tower

    1 & 2 bedroom apartments

Parking
  • 2 BR Apartment1 space
  • 1 BR Apartment1 space
Questions

Frequently asked

Who is the developer of Marriott Residences?+

Fortune 5

Where is Marriott Residences located?+

Marriott Residences is located in Business Bay, Dubai, United Arab Emirates.

When is Marriott Residences handing over?+

Handover is scheduled for DEC 2024; the project is 79% complete.

What is the price of Marriott Residences?+

Prices at Marriott Residences start from AED 0.

Is Marriott Residences registered with escrow?+

Yes, Marriott Residences has escrow number 279079 with the Dubai Land Department.

Enquire about Marriott Residences

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