The Ritz Carlton Residences at Business Bay

Key facts

Handover

Q2 2027

Status

Under construction

Property types

apartment

Availability

Limited availability, confirm with us

Payment plan

Available units

Amenities

• Valet Parking
• Indoor Swimming Pool
• Laundry and Dry Cleaning Services
• Leisure Lounge
• Shared Spa
• Concierge
• Children's Play Area
• Barbecue Area

Location

The Ritz Carlton Residences at Business Bay sits in The Ritz - Carlton Residences.

Master plan

The developer’s own site plan for The Ritz Carlton Residences at Business Bay, showing how the buildings, roads and open space sit together.

How The Ritz Carlton Residences at Business Bay compares

Entry here is AED 30M, against a median of AED 2.0M across the 75 priced projects in Business Bay, which puts it above 70 of them and below 4. The plan opens at 10% down, against a Dubai median of 10%, in line with the market. Handover lands in Q2 2027, alongside 146 other projects completing in the same quarter. Kappa Acca has 2 projects in our catalogue, 2 of them in Business Bay.

Measured across our own catalogue of Dubai off-plan projects, refreshed with the source listings. Entry price is the lowest advertised unit price in a project, not an average transaction value.

What you pay, and when

The published payment plan is 10% on booking, 55% during construction and 35% at handover. The 55% due during construction falls in four instalments of 10% to 15%. At the AED 29,900,000 entry price, that is AED 2,990,000 to reserve a unit, AED 16,445,000 across the build, and AED 10,465,000 due on completion.

Dubai Land Department registration is charged at 4% of the purchase price on top, which is about AED 1,196,000 at this entry price. That 10% booking payment does not go to Kappa Acca directly: under Dubai's Law 8 of 2007 a registered project holds it in a RERA-supervised escrow account, drawn down against certified construction progress.

What the entry price works out at

The cheapest unit with a published size is 5,629 square feet at AED 29,900,000, which works out at AED 5,312 per square foot. Stated sizes run from 5,629 to 12,853 square feet.

Ownership and residency

The entry price is at or above the AED 2,000,000 property threshold for the 10 year UAE golden visa, so the cheapest unit in the development qualifies on its own.

What it costs to hold

Service charges in Business Bay run roughly 14 to 22 AED per square foot per year, on the Dubai Land Department service charge index. Towers inside one community can differ by a factor of two, so treat that as a range to check against the specific building rather than a quotation. On the 5,629 square foot entry unit that is about AED 79,000 to AED 124,000 a year.

Who it suits

The development is apartments in 1 to 6 bedroom layouts.

What is on site

Shared facilities recorded for The Ritz Carlton Residences at Business Bay lead with valet parking, laundry and dry cleaning services, leisure lounge, shared spa and concierge, alongside the indoor swimming pool, children's play area and barbecue area that most Dubai developments carry.

Frequently asked