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The Ritz-Carlton Residences exterior view in Business Bay, Dubai, by Kappa Acca Real Estate Development

The Ritz-Carlton Residences

Business Bay, Dubai
From
AED 19,600,000
Handover
Q2 2027
Enquire
The Project
From
AED 19,600,000
Status
On sale
Handover
Q2 2027
Size
3,385–12,680 sqft
Residences
12
Construction
51% complete
Furnishing
Yes

The Ritz-Carlton Residences, developed by Kappa Acca Real Estate Development in Business Bay, is a single tower of twelve fully furnished homes positioned along the Dubai Water Canal, with completion scheduled for June 2027.

# The Tower and Its Setting in Business Bay

At just twelve residences, this is one of the most deliberately limited releases in Business Bay's recent development history. The tower sits on the canal waterfront, a position that separates it from the district's inland blocks and places it within a quieter register of the neighbourhood, despite Business Bay's reputation as a high-density commercial address.

Business Bay has matured considerably over the past decade. What began as a predominantly office-led district now carries a credible residential identity, with waterfront promenades, dining along the canal edge, and proximity to Downtown Dubai making it genuinely liveable for full-time residents rather than just convenient for investors. Marasi Drive Park, three minutes by car, anchors the canal-side public realm.

Construction is past the halfway mark, with readiness recorded at 50.6 per cent. The escrow registration number is 994000031645.

# Residences: Layouts, Scale and Finish

The twelve homes are configured across three, four and six-bedroom layouts. Three-bedroom residences run from approximately 3,318 to 3,385 square feet, priced from AED 15.99 million. Four-bedroom homes occupy 5,629 to 6,583 square feet, with asking prices between AED 26.1 million and AED 34.9 million. The six-bedroom residences reach 12,680 to 12,853 square feet and are priced from AED 30.3 million.

All residences are delivered fully furnished. Interior specification includes oak flooring across living areas, marble in the kitchens and bathrooms, and floor-to-ceiling glazing that frames views toward the Downtown Dubai skyline. Each home includes a private deck fitted with a plunge pool, a practical distinction from the shared-pool arrangements that define most of the district's high-rise stock.

The furnishing package, combined with the Ritz-Carlton service affiliation, positions these homes as turn-key acquisitions. Buyers arrive with nothing to source.

# Amenities Reserved for Twelve Households

The ratio of facilities to residents is, by any measure, skewed in the residents' favour. A spa, swimming pool, private theatre, cigar room, library, and resident-only café are available to a building of twelve homes.

# The full amenity list

The gym, barbecue area, kids' play area, and meeting room round out what is effectively a full-service members' club that happens to be a residential address. The meeting room is a detail worth remarking on: this is a building oriented toward principals who may work from home or require a discreet space to host without leaving the building.

# Location: Canal-Side Position with Direct City Access

Downtown Dubai sits 4.5 kilometres away, reachable in around nine minutes by car. Dubai International Airport is 15.6 kilometres out, a sixteen-minute drive under normal conditions. Jumeirah Beach is twelve minutes in the other direction. Dubai International School is four minutes beyond Downtown, at 4.1 kilometres.

The canal position means residents have a walkable waterfront without the commute pressures that come with addresses further from the centre. Sheikh Zayed Road and Al Khail Road are accessible without passing through any single bottleneck, which matters to buyers accustomed to timing their days around traffic.

# Who This Building Is Designed For

Twelve residences across a single tower is a structure that appeals to a particular kind of buyer: one who values controlled proximity to neighbours as much as the specification of their own home. The Ritz-Carlton brand brings a service infrastructure that most private residential addresses cannot replicate independently, including anticipated maintenance standards and a hospitality-trained approach to resident relations.

For internationally mobile buyers, the fully furnished delivery removes the friction of fitout management from abroad. For GCC buyers seeking a primary residence that carries genuine canal frontage without the volume of a larger development, the position and scale are both rare for Business Bay. At AED 19.6 million to AED 30.3 million across the listed range, the pricing reflects a building that has no interest in competing on volume.

The Homes

Residences

3 unit configurations available at The Ritz-Carlton Residences.

3 BR
sqft
Size
3,319–3,385
Price
AED 15,990,000–AED 19,600,000
4 BR
sqft
Size
5,629–6,583
Price
AED 26,100,000–AED 34,900,000
6 BR
sqft
Size
12,680–12,853
Price
AED 30,300,000–AED 65,000,000
Structure

Payment plan

Payment Plan
  1. Phase 1
    60%
    During construction
  2. Phase 2
    40%
    Upon Handover
Calculator

Payment plan worked out

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

Stage%AED
During construction60%AED 11,760,000
Upon Handover40%AED 7,840,000
Total100%AED 19,600,000
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

The Ritz-Carlton Residences amenity Resident-Only Café in Business Bay, Dubai, by Kappa Acca Real Estate Development
Resident-Only Café
The Ritz-Carlton Residences amenity Kids Play Area in Business Bay, Dubai, by Kappa Acca Real Estate Development
Kids Play Area
The Ritz-Carlton Residences amenity State-Of-The-Art Gym in Business Bay, Dubai, by Kappa Acca Real Estate Development
State-Of-The-Art Gym
The Ritz-Carlton Residences amenity Bbq Area in Business Bay, Dubai, by Kappa Acca Real Estate Development
Bbq Area
The Ritz-Carlton Residences amenity Meeting Room in Business Bay, Dubai, by Kappa Acca Real Estate Development
Meeting Room
The Ritz-Carlton Residences amenity Spa in Business Bay, Dubai, by Kappa Acca Real Estate Development
Spa
The Ritz-Carlton Residences amenity Swimming Pool in Business Bay, Dubai, by Kappa Acca Real Estate Development
Swimming Pool
The Ritz-Carlton Residences amenity Library in Business Bay, Dubai, by Kappa Acca Real Estate Development
Library
The Ritz-Carlton Residences amenity Private Theatre in Business Bay, Dubai, by Kappa Acca Real Estate Development
Private Theatre
The Ritz-Carlton Residences amenity Cigar Room in Business Bay, Dubai, by Kappa Acca Real Estate Development
Cigar Room
Setting

Location

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

Nearby
  • Dubai International School4.1 km · 8 min
  • Marasi Drive Park1.6 km · 3 min
  • Dubai International Airport15.6 km · 16 min
  • MALL FINDER1.8 km · 4 min
  • Jumeirah Beach7.8 km · 12 min
  • Downtown Dubai4.5 km · 9 min

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
994000031645
Furnishing
Yes
Construction start
2026-01-14
Construction end
2027-06-30
Residences
12
Buildings
1
Readiness
51%
Buildings
  • Tower
    18 floors

    1, 2, 3, 4 & 6 bedroom apartments

Parking
  • 1 BR Apartment1 space
  • 2 BR Apartment1 space
  • 3 BR Apartment2 spaces
  • 4 BR Apartment2 spaces
  • 6 BR Apartment2 spaces
Questions

Frequently asked

Who is the developer of The Ritz-Carlton Residences?+

Kappa Acca Real Estate Development

Where is The Ritz-Carlton Residences located?+

The Ritz-Carlton Residences is located in Business Bay, Dubai, United Arab Emirates.

When is The Ritz-Carlton Residences handing over?+

Handover is scheduled for Q2 2027; the project is 51% complete.

What is the price of The Ritz-Carlton Residences?+

Prices at The Ritz-Carlton Residences currently range from AED 19,600,000 to AED 30,300,000.

Is The Ritz-Carlton Residences registered with escrow?+

Yes, The Ritz-Carlton Residences has escrow number 994000031645 with the Dubai Land Department.

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