Key Takeaways
- The Waldorf Astoria Business Bay project is the first presidential branded residence in the region, announced at the 1 Billion Followers Summit 2026 in Dubai.
- It targets the ultra-luxury residential market with around 146 exclusive units, starting at eight million dirhams.
- Design focuses on privacy, with features like private lift lobbies and amenities exclusive to residents.
- Construction is underway, with a projected handover by 2029, aiming to set a new benchmark for luxury residences in Dubai.
- The project operates without hotel or commercial spaces, ensuring privacy and a resort-like living environment.
The Waldorf Astoria Business Bay project was presented during the 1 Billion Followers Summit 2026 in Dubai. Khalid Abdulrahman Alsuwaidi, Chief Commercial Officer of Nani Real Estate Developments, shared details about the development. The project represents the first Waldorf Astoria presidential branded residence in the region. It also marks the first global project of this category under the Waldorf Astoria brand.
The project targets the ultra luxury residential market. Development planning took two years before its public announcement in 2026. The project is located in Business Bay, a central district in Dubai.
Residences and pricing details of Waldorf Astoria Business Bay project
The project includes approximately 146 residential units. The limited number of units positions the project as highly exclusive. Entry pricing starts at around eight million dirhams. The development focuses on high net worth individuals seeking branded residential living.
The project follows a residential only model. No hotel or commercial spaces form part of the building. This structure supports privacy and controlled access for residents.
Design and amenities approach
Design planning for the Waldorf Astoria Business Bay project prioritizes privacy and space. Each residence features a private lift lobby. This layout reduces shared corridors and limits interaction between units.
Amenities remain exclusive to residents. Shared facilities do not allow public access. The building functions like a private resort within a residential tower. Material selection and interior finishes align with international luxury hospitality standards. Design agencies involved in the project also work with five star hotel brands worldwide.
Construction timeline and delivery
Construction of the Waldorf Astoria Business Bay project is underway. A dedicated sales center operates next to the construction site. Buyers can visit the location to review plans and layouts.
The expected handover timeline extends to 2029. Nani Real Estate Developments positions the project as a flagship residential offering. The project aims to establish a new benchmark for branded luxury residences in Dubai and the wider region.