The Ritz-Carlton Residences

The Ritz-Carlton Residences in Business Bay is a single tower of nine fully furnished homes developed by Kappa Acca Real Estate Development, carrying the Ritz-Carlton brand into a residential format for the first time in this part of Dubai. Priced from AED 15.99 million, with the largest residences reaching AED 65 million, the building is scheduled for completion in Q4 2025.

# The tower and its position along the Dubai Water Canal

Rising 18 floors above the Dubai Water Canal, the building occupies a stretch of Business Bay where the district's corporate density softens into waterfront. The project contains only nine residences across the entire tower, a ratio that defines its character as much as any specification point. This is a building organised around privacy and low foot-traffic, not around maximising unit count.

Business Bay has matured considerably since its early development phase. The district now functions as a genuinely mixed-use address, with hotels, offices and residential towers concentrated around the canal corridor, and Sheikh Zayed Road and Al Khail Road forming its main arterial connections.

# Residences, layouts and finish

The nine homes span three configurations. Three-bedroom residences run from approximately 3,319 to 3,358 square feet, priced at AED 15.99 million. Four-bedroom homes range from 5,629 to 6,583 square feet, with pricing between AED 29.7 million and AED 34.9 million. The six-bedroom residences, the largest in the building, measure between 12,680 and 12,853 square feet and are priced from AED 60 million to AED 65 million.

All residences are delivered fully furnished. Materials throughout include oak flooring in living areas and marble in kitchens and bathrooms. Floor-to-ceiling windows face the Downtown Dubai skyline. Every home includes an expansive deck with a private plunge pool, making outdoor space a structural part of the layout rather than an afterthought.

The colour palette, as described by the developer, works in warm, neutral tones across fabrics and surfaces. Given the Ritz-Carlton involvement, continuity of interior specification across all units is a reasonable expectation.

# Amenities across a building of nine homes

The amenities list here is notably extensive for a nine-residence tower. Residents have access to a spa, swimming pool, and a gym. A private theatre, cigar room, library and a resident-only café round out the social spaces. There is also a kids' play area, a BBQ area and a meeting room.

The ratio of amenity to resident is, by any standard, generous. A pool, spa and private theatre serving fewer than ten households produces a level of access that larger buildings rarely replicate.

# Connectivity and the surrounding neighbourhood

Marasi Drive Park sits 1.6 kilometres away, roughly three minutes by car. Downtown Dubai is 4.5 kilometres distant, a nine-minute drive. Dubai International Airport is 15.6 kilometres from the building, typically reached in 16 minutes. Jumeirah Beach is approximately 12 minutes away. Dubai International School, relevant for families with children, is 4.1 kilometres to the east.

The canal-side position means that pedestrian access to the waterfront promenade is direct. The broader Business Bay grid connects north to DIFC and south along Al Khail Road toward Dubai Hills and the newer residential corridors.

# Who this building is built for, and where it sits in the current market

Nine residences at these price points constitutes an ultra-low-density product in a market that, even at the luxury end, tends toward buildings with 50 or more units. For buyers whose primary concern is crowd management, that scarcity is the core proposition. The Ritz-Carlton brand brings a known-quantity approach to hospitality service standards, which carries appeal particularly for internationally mobile buyers accustomed to managed residences in London, New York or Hong Kong.

For GCC buyers seeking a primary residence, the canal views and proximity to Downtown Dubai place the building within an established premium corridor. For European and Asian buyers treating this as a second home or an income-capable asset, the brand recognition and full furnishing lower the practical barriers to acquisition considerably. Completion in Q4 2025 means buyers are acquiring off-plan with a relatively short runway to handover.