The Ritz-Carlton Residences

The Ritz-Carlton Residences occupies a position above the Dubai Water Canal in Business Bay, developed by Kappa Acca Real Estate Development. The building comprises nine fully furnished residences across a single tower, with completion scheduled for Q4 2025 and construction currently past the halfway mark.

# The tower and its position along the Water Canal

Business Bay has matured considerably from its early reputation as a purely commercial corridor. Today it holds some of Dubai's more considered residential addresses, and the canal frontage in particular commands attention for the quality of its built environment. The Ritz-Carlton Residences rises from this waterfront setting, carrying the brand recognition of one of the hotel industry's most established operators into a purely residential format.

With only nine residences in the building, the density is closer to a private members' club than a conventional tower. That figure shapes everything: the ratio of amenity space to resident, the pace of the lift lobby, the likelihood of crossing the same face twice in a week.

# Residences, layouts and finish

The three configurations span a meaningful range. Three-bedroom residences begin at 3,318 sq ft and are priced from AED 15.99 million. Four-bedroom units run from 5,629 to 6,583 sq ft, with pricing between AED 29.7 million and AED 34.9 million. At the top of the range, six-bedroom residences reach between 12,680 and 12,853 sq ft, priced from AED 60 million to AED 65 million.

# Specification and furnishing

All residences are delivered fully furnished. Interiors use oak flooring in living spaces and marble in kitchens and bathrooms, with floor-to-ceiling glazing throughout. Each residence includes an expansive deck with a private plunge pool, which given the canal and skyline orientation, is the kind of detail that converts a layout plan into a considered living environment.

# Amenities that favour a small population

The amenity list is long relative to nine residences. A swimming pool, spa, gym, private theatre, library, cigar room and resident-only café are all part of the programme, alongside a kids' play area, BBQ area, meeting room and a dedicated private theatre. When the building has fewer than ten households, a private theatre stops being a shared inconvenience and starts functioning more or less as intended.

# Getting around from Business Bay

Marasi Drive Park sits 1.6 km away, reachable in roughly three minutes by car. Downtown Dubai is 4.5 km to the south-west, a nine-minute drive. Dubai International Airport is 15.6 km out, typically sixteen minutes on a clear run. Jumeirah Beach is 7.8 km, approximately twelve minutes. Dubai International School is eight minutes away at 4.1 km, which matters to the family buyer profile this building clearly targets.

# What kind of buyer this building is designed for

The Ritz-Carlton Residences is a specific proposition. Nine units, branded management, full furnishing and per-square-foot pricing that reflects canal frontage and brand equity: this is a building aimed at buyers who treat Dubai as a primary or secondary residence rather than a speculative hold. The floor areas across the four and six-bedroom configurations are large enough to function as genuine family homes, and the Ritz-Carlton service model removes the operational friction that often accompanies ownership in a city where many owners are abroad for extended periods. For the international buyer who wants a Dubai address without the management overhead, the logic is straightforward.