The Ritz-Carlton Residences
by Khamas Group

1 to 3 bedroom apartments, plus 4 and 6 bedroom penthouses

AED 29,90 mln Starting price
50/50 Payment Plan
Q2 2027 Handover
The Ritz-Carlton Residencesby Khamas Group

Buy Residences in The Ritz-Carlton Residences by Khamas Group, Business Bay

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Amirans Kavtaradze

List by

Amirans Kavtaradze

Starting Price AED 29,900,000
Location Business Bay
Developer Khamas Group
Handover Q2 2027
Living Area 1,542 sq. ft. - 12,853 sq. ft.
Payment Plan 50/50
Bedrooms 1-6 BR
Total amount of units 48

The Ritz-Carlton Residences is a branded, canal-side development in Business Bay, offering furnished 1 to 3 bedroom apartments alongside expansive 4 and 6 bedroom penthouses served by hotel-style amenities and concierge-led facilities.

The building rises beside the Dubai Water Canal on Marasi Drive. Its compact collection of 48 homes occupies three podium levels, eighteen residential storeys and a rooftop crown. Milan-based MMA Projects shaped the architecture, while Paris designer Ana Moussinet created the interiors. Together, they give the tower a considered European character. The current mix spans 1 to 3 bedroom apartments and 4 and 6 bedroom penthouses, with floor areas from 1,542 sq ft to 12,853 sq ft. Current 4 bedroom residences measure 5,629–6,583 sq ft. The 6 bedroom penthouses extend across 12,680–12,853 sq ft. Every home comes fully furnished, with oak parquet in the living areas and marble in the kitchens and bathrooms. Social and wellness facilities include a rooftop teak deck with a partially sunken pool, spa, gym, cinema and private entertaining rooms. Many residences overlook the canal or the Business Bay skyline, with Downtown Dubai a short drive away.

The Ritz – Carlton Residences
About The Ritz-Carlton Residences

Overview of The Ritz - Carlton Residences

A limited collection of branded homes wrapped in Ritz-Carlton service, the project pairs trophy-scale penthouses with a central canal address, appealing equally to end-users chasing lifestyle and investors drawn to scarce branded inventory.

6%

Average ROI

7%

Maximum ROI

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Community

Business Bay is one of Dubai's most concentrated skyline districts, a mixed-use quarter tracing the curve of the Dubai Water Canal directly beside Downtown Dubai. Its rhythm is urban and work-oriented, blending office towers, high-rise homes, hotels and canal promenades into a single walkable stretch. Professionals and corporate occupants come here to sit close to the central business core, while a widening base of everyday amenities steadily broadens the appeal to couples and families. For anyone weighing real estate in Business Bay, the draw is a genuinely central, canal-side setting rather than a peripheral commuter address.

Schools, nurseries, healthcare providers, Bay Avenue Mall and Bay Square are spread across Business Bay and neighbouring Al Safa. Dining and daily retail are also close by. Sheikh Zayed Road and Al Khail Road provide the main road links, while Business Bay Metro serves the Red Line. Downtown Dubai is under 6 min away by car, Dubai International Airport takes 13 min and Dubai Marina 17 minutes. These connections are a practical advantage for buyers looking to buy an apartment in Business Bay.

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Interior

The interior direction comes from Paris designer Ana Moussinet, and it leans toward restraint rather than overt ornamentation. Living spaces are conceived as calm, light-filled volumes where natural materials carry the mood and the canal views frame each room. The palette favours warm neutrals grounded by the honeyed tone of oak, with layered lighting that shifts from daytime clarity to a softer evening feel and an atmosphere tuned to comfortable, hotel-adjacent living. Among Ritz-Carlton apartments for sale in this part of Dubai, the accent falls on quiet quality across every furnished home.

The finishes reinforce the restrained design. Oak parquet runs through the living areas, while marble gives the kitchens and bathrooms a cooler contrast to the timber floors. Every home comes fully furnished, so the same design language carries into the fittings. Ritz-Carlton service standards inform the specification, with close attention to surfaces and detailing throughout the kitchens, bathrooms and principal living rooms.

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Infrastructure

Daily needs are covered close to Marasi Drive, where the canal promenade links cafés, restaurants and casual dining along the waterfront. Nearby Bay Square offers eateries and neighbourhood retail, while Bay Avenue Mall brings together supermarkets, coffee shops and convenience stores. More food and drink venues line the surrounding Business Bay streets. Morning coffee, a weekday lunch or an evening meal can often be found without taking the car.

Downtown Dubai and The Dubai Mall lie under 8 min away by car, adding flagship retail, leisure and dining. Clinics and hospitals across Business Bay and Al Safa are also within a short drive. Business Bay Metro on the Red Line takes about 6 min by car. The nearest bus stop, at Al Madar Scala Tower 2, serves the F41 and X22 routes. Sheikh Zayed Road and Al Khail Road connect the wider city, while Dubai International Airport is 13 min away.

Overview

Considering a branded canal-side investment in Business Bay?

Amenities of The Ritz - Carlton Residences by Khamas Group

Residents move between wellness, social and family facilities framed by Ritz-Carlton service, with a rooftop deck as the building's clear centrepiece.

Partially sunken rooftop pool

Partially sunken rooftop pool

Fully equipped gym

Fully equipped gym

12-seat private cinema

12-seat private cinema

Rooftop teak deck with custom bar
Spa with private treatment rooms
Swimming pool
Banquet and meeting rooms
Library and residents' lounge
Café on site
Children's play area and club
Barbecue facility
24/7 concierge and butler service
Gallery

The Ritz - Carlton Residences: Signature 1–6 Bedroom Residences on the Dubai Water Canal

Master Plan The Ritz - Carlton Residences by Khamas Group

Master Plan The Ritz - Carlton Residences by Khamas Group

Master Plan

Floor Plans The Ritz - Carlton Residences by Khamas Group

Property Type
Bedrooms
Area
Starting Price
Apartments
1 Bedroom
from 1,436 sq. ft.
Ask for Price
1 Bedroom Apartments
Ask for Price 1,436 sq. ft.
Bedrooms Bedrooms1
Bathrooms Bathrooms1

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Apartments
2 Bedrooms
from 2,191 sq. ft.
Ask for Price
2 Bedrooms Apartments
Ask for Price 2,191 sq. ft.
Bedrooms Bedrooms2
Bathrooms Bathrooms2

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We will help you get an asset that is growing in value

Apartments
3 Bedrooms
from 3,086 sq. ft.
Ask for Price
3 Bedrooms Apartments
Ask for Price 3,086 sq. ft.
Bedrooms Bedrooms3
Bathrooms Bathrooms3

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Penthouses
4 Bedrooms
from 6,309 sq. ft.
Ask for Price
4 Bedrooms Penthouses
Ask for Price 6,309 sq. ft.
Bedrooms Bedrooms4
Bathrooms Bathrooms4

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Penthouses
6 Bedrooms
from 6,387 sq. ft.
Ask for Price
6 Bedrooms Penthouses
Ask for Price 6,387 sq. ft.
Bedrooms Bedrooms6
Bathrooms Bathrooms4

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We will help you get an asset that is growing in value

Floor Plans

Payment Plan The Ritz - Carlton Residences

The 50/50 off-plan structure starts with a 5% booking payment. A further 45% is staged during construction, with the remaining 50% due at handover. Paying half the price over the build period helps buyers spread their capital commitments.

0% Comission
Direct Sales

Types of Payment Plan

Down payment 5% Booking
1st Instalment 45% During construction
2st Instalment 50% Handover in Q2 2027
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Payment Plan

About Our Approach to Work — Alcenza

At Alcenza Properties, we present the best properties in Dubai, whether for permanent residence or investment. Our team handles every aspect of the process, including transactions, documentation, legal issues, and logistics. This ensures you can focus on your daily life without wasting time on organizational matters.

Step 1.

Initial
Consultation

Our agent will arrange a personal meeting or discuss everything in a format that suits you best. During this consultation, you will outline your goals, be it residence, investment, visa acquisition, or other needs. We will provide you with the most optimal solutions.

Step 2.

Finding the Best Property

Based on your budget and investment goals, we will present a selection of real estate options, including off-plan, primary, and secondary market properties. We will handle all communication with a developer or private owner.

Step 3.

Communication With a Seller

We act as the liaison between you and the seller. From verifying documentation to organizing meetings and monitoring every stage of the transaction, we manage the whole process.

Step 4.

Legal Documentation and Management

Our team ensures the smooth and transparent transfer of property rights through the Dubai Land Department (DLD). We assist with visa applications and offer property management services.

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With extensive expertise in the UAE and European real estate markets, we are ready to offer you the most profitable solutions. We guarantee transparency and security at every stage of your transaction.
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Our clients have achieved profits of up to 30% within just two years by reselling properties with our guidance.
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The Ritz – Carlton Residences
About Us

Economic Attractiveness

Backed by the Ritz-Carlton and Marriott International name, this branded scheme carries the recognition and scarcity that tend to support liquidity for buyers seeking property for sale in Business Bay.

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Several factors underpin the investment case. Canal views and Ritz-Carlton service, including 24/7 concierge, butler support and around sixty resident service categories, distinguish the homes from standard Business Bay stock. The district attracts professionals and families seeking a central base beside Downtown Dubai, with apartment yields of 6%–7%. Business Bay Metro, Sheikh Zayed Road and Al Khail Road support citywide access, while the airport is 179 min away by car. The 50/50 off-plan terms also spread capital commitments across construction. As a district benchmark, a 1 bedroom apartment for sale in Business Bay starts at around AED 1,500,000.

Current advertised project pricing starts at AED 29,900,000 for a 4 bedroom penthouse and AED 60,000,000 for a 6 bedroom penthouse. The development is reported freehold and open to buyers of any nationality, with Golden Visa eligibility marketed for qualifying purchasers. A 2 bedroom apartment for sale in Business Bay starts near AED 2,200,000 at district level.

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For Rent

Business Bay remains one of Dubai's active central rental districts, with apartment yields of about 6%–7% gross. The project has no completed leasing history, so these figures reflect the wider area rather than in-tower performance. District studio rents currently start at AED 41,999 per year. The same central demand supporting apartments for sale in Business Bay also attracts professional and corporate tenants. Once handed over, the furnished Ritz-Carlton homes will add branded service and canal-side positioning to that rental proposition.

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For Living

Canal views and Ana Moussinet interiors shape daily life, with oak parquet and marble bringing warmth and texture to the furnished layouts. Ritz-Carlton service adds 24/7 concierge and butler support. Residents also have a rooftop pool deck, spa, cinema and family facilities within the building. Beyond the front door, Business Bay offers a central canal-side setting near Downtown Dubai, with cafés, retail, schools and healthcare close by. Owner-occupiers can combine metropolitan access with extensive facilities at home.

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For Resale

Resale prospects rest on scarcity and brand recognition once construction is complete. With only 48 homes and larger 4 and 6 bedroom penthouse formats, the project brings limited branded inventory to a central canal-side district. Ritz-Carlton recognition, furnished handover and hotel-style service should help distinguish the residences on the secondary market. Buyers entering before the Q2 2027 handover gain exposure to a finished collection whose supply remains capped at 48 homes.

UAE Golden Visa

Residence Visa

When purchasing a property from AED 2M (USD 545K), you can apply for a 10-year Golden Visa. This visa is renewed as long as you maintain ownership of the property.

Visa for Your Family

Your family members, including your spouse and children, can also get a Golden Visa. Once you receive a residence visa, you can continue your studies in the UAE, enjoy tax benefits, and conduct business in the country.

passport

Project Materials The Ritz - Carlton Residences

Project Materials

Developer The Ritz - Carlton Residences

Khamas Group is a diversified UAE conglomerate active since 1990, with operations across several established sectors.

Khamas Group operates across development, construction, hospitality, manufacturing, franchising, FMCG and education. Its wider network comprises more than 120 companies and over 10,000 employees. Kappa Acca Real Estate is the group's delivery entity for this project. Its portfolio includes Opal Towers, Khamas Tower and Khamas Business Centre. The partnership with Ritz-Carlton and Marriott International brings recognised service and design standards to the residences.

Location The Ritz - Carlton Residences by Khamas Group

The residence sits on Marasi Drive beside the Dubai Water Canal in the heart of Business Bay, placing Downtown Dubai and its landmarks within a few minutes' drive of the front door.

Sheikh Zayed Road and Al Khail Road provide access to Dubai's main leisure districts. Downtown Dubai and The Dubai Mall are under 8 min away by car. Dubai Marina, with its beachfront dining and waterfront attractions, takes around 17 min along the main roads.
Business Bay Metro on the Red Line is about 6 min away by car. The nearest bus stop is at Al Madar Scala Tower 2, served by the F41 and X22 routes. Dubai International Airport takes 13 min by car, providing convenient regional and international connections from the canal-side address.

Sights & Attractions

Burj Khalifa

icon 7 min

The Dubai Mall

8 min

Dubai Water Canal

9 min

Healthcare facilities

Aster Clinic

icon 7 min

Emirates Hospital Clinic

6 min

Mediclinic Dubai Mall

9 min

Educational institutions

Horizon School

icon 9 min

Global Indian School

2 min

JSS Private School

9 min

Transportation

DXB Airport

icon 13 min

Business Bay Metro

6 min

Burj Khalifa/Dubai Mall Metro

7 min

General FAQs

Below are the questions buyers, tenants and investors ask most often about The Ritz-Carlton Residences. If your question is not covered here, reach out and the team will be glad to help you with the detail you need.

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Where is The Ritz-Carlton Residences located?

The development sits on Marasi Drive along the Dubai Water Canal in Business Bay, Dubai. It holds a central, canal-side position next to Downtown Dubai, with Sheikh Zayed Road and Al Khail Road close by. Business Bay Metro on the Red Line is about 6 minutes away by car.

What property types are available at the project?

The current configuration comprises 48 residences: 1 to 3 bedroom apartments together with larger 4 and 6 bedroom penthouses. Every home is delivered fully furnished, with oak parquet in the living areas and marble in the kitchens and bathrooms. The scheme has been redesigned, so buyers should confirm final availability with the seller.

How much do apartments and penthouses cost here?

Current advertised pricing opens at AED 29,900,000 for a 4 bedroom penthouse and reaches AED 60,000,000 for a 6 bedroom penthouse. As a district benchmark, a one bedroom apartment in Business Bay starts around AED 1,500,000, which helps frame the premium attached to this branded, canal-side collection.

What is the payment plan for the project?

The off-plan plan follows a 50/50 structure: 5% is paid on booking, a further 45% is staged through construction, and the remaining 50% falls due at handover. Splitting half the price over the build phase eases cash flow while the residence is completed.

When is the project's handover date scheduled?

The handover target is Q2 2027, and the tower is currently under construction. An original 2025 completion date has already passed and was superseded following a redesign of the scheme, so the delivery timeline now runs to the second quarter of 2027 rather than the earlier date.

Who is the developer behind the residences?

The project is delivered by Khamas Group, a diversified UAE conglomerate active since 1990, through its real-estate entity Kappa Acca Real Estate. The residence is branded and managed under the Ritz-Carlton name, part of Marriott International, aligning the homes with an internationally recognised service standard.

What amenities do residents get at the tower?

Facilities centre on a rooftop teak deck with a partially sunken pool, alongside a spa, gym, swimming pool, a twelve-seat cinema, banquet and meeting rooms, a library, lounge, café and children's facilities. Ritz-Carlton service adds 24/7 concierge, butler support and a broad range of resident services.

Can foreign nationals buy in Business Bay?

Yes. The project is reported freehold and open to buyers of any nationality. Golden Visa eligibility is marketed for qualifying purchasers, subject to prevailing UAE rules and individual circumstances. The ownership structure and central Business Bay address make the residences accessible to international investors and end-users.

Is the project a good investment for rental income?

The project has no completed leasing history yet, so rental performance must be assessed against the wider Business Bay market. Central positioning, canal views, furnished interiors and Ritz-Carlton service should help the residences compete for professional and corporate tenants once handed over. Actual rents will depend on the unit, view, floor and market conditions at completion.

What is living in Business Bay like?

Business Bay is an urban, walkable district beside the Dubai Water Canal, minutes from Downtown Dubai. Residents have cafés, retail at Bay Square and Bay Avenue Mall, schools and healthcare close at hand, plus canal promenades for walking and cycling. It suits professionals, couples and families who want a central address with strong connectivity.
FAQs

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The Ritz – Carlton Residences
Amirans Kavtaradze

List by

Amirans Kavtaradze

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The Ritz – Carlton Residences

Starting Price AED 29,90 mln

Payment Plan 50/50

Handover Q2 2027