• The Ritz-Carlton Residences, Dubai, Business Bay will offer 1 to 3-bedroom residences, penthouses and a spacious 4-bedroom duplex “villa”. 

Dubai: Kappa Acca Real Estate LLC, the real estate development subsidiary of Khamas Group, signed a deal with Marriott International to debut The Ritz-Carlton Residences, Dubai, Business Bay, a limited collection of 73 well-appointed exclusive furnished apartments and penthouses.

The Residences will offer another level of bespoke luxury to its residents and will feature a state-of-the-art gym, signature spa, resident-only theatre and café, and 24/7 concierge. Some of the essential and a la carte services offered are as follows: airline/private air reservations and transportation arrangements, restaurant reservations anywhere in the UAE, pet care, grooming and kennel reservations for pet owners, butler services, personal chef services, grocery shopping, and vacant home care. A dedicated residential staff, managed by The Ritz-Carlton, will provide residents with the legendary and highly personalized for which the brand is known.

Located along the Dubai Water Canal district with an unmatched view of the new Dubai, the Residences are conveniently close to Downtown Dubai, Dubai International Financial Centre, and Dubai International Airport (DXB).

Commenting on the announcement, Bader Bukhammas, Chairman of Khamas Group said: “Khamas Group wants to end this ground-breaking year on a high note. Through this partnership with Marriott International, we are confident that The Ritz-Carlton Residences, Dubai, Business Bay, solidifies this city's position in delivering the best luxury branded residences globally. We share the vision of our great leader Sheikh Mohammed bin Rashid Al Maktoum, in reaching new heights for the city of Dubai.”

"We are delighted to strengthen our partnership with Marriott International by delivering the luxurious Ritz-Carlton Residences in one of the most promising hubs in Dubai,” said Pawan Kachroo, Managing Director of Khamas Hospitality. “Khamas Hospitality will always be committed to bringing an atmosphere of subtlety and refinement to our customers through our unmatched dedication and quality of service."

"With the branded residential sector in Dubai going from strength to strength, Knight Frank Middle East are proud to represent the Khamas Group through its real estate arm, Kappa Acca, on their latest luxury development”, said Dean Foley, Associate Partner, Residential Project Sales and Marketing – Knight Frank Middle East. “Business Bay has witnessed a surge in development activity, particularly in the luxury and branded residential sector, over the last several years, and offers a vibrant, well-connected community for Downtown and DIFC". Dean continues, "As one would expect from The Ritz-Carlton Residences, owners can expect discreet and intuitive levels of service with market-leading amenities – ensuring an unparalleled exclusivity and luxurious living.”

“We are proud to partner with Khamas Group once again to expand our portfolio of luxury branded residential offerings in Dubai.  We believe The Ritz-Carlton Residences, Dubai, Business Bay will resonate with an audience of homeowners from the UAE and around the globe who are looking for a new, service-rich and beautifully designed living experience,” says Sean McCauley, CEO of The Devmark Group. “We have no doubt that this collection of 73 private residences will become a highly coveted address in the city.  Luxury branded residences continue to be high in demand and attract overwhelming interest from local, regional and international buyers. We are thrilled to be launching our second globally recognized branded real estate project for Khamas Group and their real estate arm, Kappa Acca and look forward to our continued success together.” 

“The signing of The Ritz-Carlton Residences, Dubai, Business Bay marks a new level of timeless luxury living in the heart of the city and a great addition to Marriott International’s portfolio of branded residences,” said Jaidev Menezes, Regional Vice President, Mixed-Use Development for Europe, Middle East and Africa, Marriott International.

The Ritz-Carlton Residences, Dubai Business Bay, will be launching sales in 2023. The 73 well-appointed, expansive, fully furnished residences will offer 1 to 3-bedroom residences, penthouses and a spacious 4-bedroom duplex “villa”.

The project is expected to be handed over in Q4 2025.

-Ends- 

About Khamas Group

One of the most respected companies in the UAE, Khamas Group has grown along with the developments in the Emirates. The Group is one of the leading stakeholders in construction, hospitality and other industries. The Group’s core values, and ethos lies in the visionary leadership of its Chairman, Mr. Bader Bukhammas.

Khamas Group’s stakes are seen in major business interests–with over 120 ventures in the UAE alone. No stranger to venturing in other territories/countries, Khamas Group has cemented its reputation in the following industries: Real Estate development, contracting and construction, hotel and hospitality, FMCG, manufacturing, franchising and education.

About Knight Frank

Knight Frank is the leading independent global property consultancy, serving as its clients’ partners in property for over 125 years, with the most comprehensive network of any real estate advisor in the world.

Headquartered in London, Knight Frank has an impressive global footprint of more than 16,000 people operating from 384 offices across 51 territories. The Group advises clients ranging from individual owners and buyers to major developers, investors, and corporate tenants.

We operate in locations where our clients need us to be, providing a worldwide service that’s locally expert and globally informed and we are recognised as an innovative business leader in exceptional customer service globally.

In the Middle East, we have strategically positioned offices in Dubai, Abu Dhabi, Riyadh, Jeddah, Doha & Muharraq, where we have provided integrated residential and commercial real estate transaction, consultancy and management services across the Middle East for the last 13 years.

About The Devmark Group 

The Devmark Group is the UAE’s most experienced real estate project sales and marketing consultancy, known for providing value through a developer-centric, results-driven approach. The Devmark Group provides an integrated consultancy across the entire developer value chain from project conceptualisation to the final sales process; the firm’s recent projects include the sales of The Paragon by IGO and The Address, JBR. With a proven track record of working with established global real estate brands, The Devmark Group has become a trusted partner for developers in the market, with a market-leading and diverse senior leadership team.

Disclaimer: 

The Ritz-Carlton Residences, Dubai, Business Bay are not owned, developed, or sold by The Ritz-Carlton Hotel Company, L.L.C. or its affiliates (“Ritz-Carlton”). Khamas Group uses The Ritz-Carlton marks under a license from Ritz-Carlton, which has not confirmed the accuracy or any of the statements or representations made herein. 

Contact:
Dean Foley
Associate Partner, Residential Sales and Marketing – Knight Frank Middle East
Level 39, Media One Tower, Dubai Media City, Dubai
dean.foley@me.knightfrank.com

Catherine Narvaez
Marketing Manager, Project Sales and Marketing – Knight Frank Middle East
Level 39, Media One Tower, Dubai Media City, Dubai
catherine.narvaez@me.knightfrank.com