Waldorf Astoria Residences Dubai Business Bay

Key facts

Handover

Q4 2029

Status

Under construction

Ownership

freehold

Property types

apartment, townhouse, villa

Availability

Available

Payment plan

Available units

Amenities

• Work and Study
• Restaurants
• International School
• Landscaped Gardens
• Gymnasium
• Indoor Swimming Pool
• Children's Play Area
• Shared Spa
• Lobby in Building

Location

Waldorf Astoria Residences Dubai Business Bay sits in Business Bay.

Master plan

The developer’s own site plan for Waldorf Astoria Residences Dubai Business Bay, showing how the buildings, roads and open space sit together.

How Waldorf Astoria Residences Dubai Business Bay compares

Entry here is AED 15M, against a median of AED 2.0M across the 75 priced projects in Business Bay, which puts it above 68 of them and below 6. The plan opens at 20% down, against a Dubai median of 10%, so it asks 10% more up front than the typical plan. Handover lands in Q4 2029, alongside 86 other projects completing in the same quarter. Nabni Real Estate Development has 7 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 20% on booking, 40% during construction and 40% at handover. At the AED 15,000,000 entry price, that is AED 3,000,000 to reserve a unit, AED 6,000,000 across the build, and AED 6,000,000 due on completion.

Dubai Land Department registration is charged at 4% of the purchase price on top, which is about AED 600,000 at this entry price. That 20% booking payment does not go to Nabni Real Estate Development 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 2,186 square feet at AED 15,000,000, which works out at AED 6,862 per square foot. Stated sizes run from 1,874 to 24,882 square feet.

Ownership and residency

Waldorf Astoria Residences Dubai Business Bay is a freehold development, so a buyer of any nationality can own a unit outright and hold the title deed. 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 1,874 square foot entry unit that is about AED 26,000 to AED 41,000 a year.

Who it suits

The development is apartments, townhouses and villas in 1 to 7 bedroom layouts.

What is on site

Shared facilities recorded for Waldorf Astoria Residences Dubai Business Bay lead with work and study, international school, shared spa and lobby in building, alongside the restaurants, landscaped gardens, gymnasium, indoor swimming pool and children's play area that most Dubai developments carry. 4 floor plans are published for it.

Frequently asked