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Dubai · Business Bay

Marriott Residences By Octa by OCTA Properties

At a glance

Specifications

Address

Dubai,Business Bay,Marriott Residences

Price range

AED 1,250,000

Completion

Ready

Payment plan

10% / 30% / 60%

Property type

Apartment

About this project

Marriott Residences by Octa: Branded Apartments in Business Bay for AED 1.25M

Business Bay occupies a central position in Dubai's commercial geography. The Dubai Canal runs along the district's western boundary. Downtown Dubai and the Burj Khalifa are directly adjacent to the south. Sheikh Zayed Road cuts through the district, providing highway access north toward Deira and south toward Jebel Ali. Dubai International Airport is roughly 20 minutes by car.

The district has developed a significant residential base alongside its commercial towers. OCTA Properties built Marriott Residences here as a branded residential product, with the Marriott name associated with the project and the Business Bay address.

One Price, One Entry Point

Every unit in this project is priced at AED 1,250,000. The minimum and maximum are identical. There is no pricing tier to choose between inside this building. Buyers select between floors, views, and unit configurations at a single fixed entry figure.

For a buyer in this price range evaluating Business Bay, the comparison is between specific units here and other apartments in the same band across the district. This building's branded format is the differentiator, not a spread of price points offering different budget targets.

Getting In for 10%

The down payment is 10%, which equals AED 125,000 at signing. That is a low initial commitment for a branded unit in Business Bay. The structure then calls for 30% during the construction period and 60% at handover.

There is no post-handover payment plan. The full purchase price is settled when keys are collected. For investors, the structure closes cleanly at handover with no trailing deferred payments. The 60% due at handover is the largest single commitment in this payment schedule and the point where the buyer's financing or cash position is tested.

Business Bay: Central Access

Business Bay's main practical feature is centrality. Downtown Dubai is the immediate neighbor to the south. The DIFC sits to the north. Sheikh Zayed Road, one of Dubai's primary highway corridors, runs through the district. Dubai International Airport is roughly 20 minutes by car.

The Dubai Canal borders the western side of Business Bay, giving parts of the district a waterfront character that sets them apart from the commercial tower zones. For daily life, the combination of highway access and proximity to major employment hubs makes Business Bay a practical base for professionals working in Dubai's central business district.

Apartments Throughout

The project delivers apartments exclusively. One property type across the building produces a consistent resident and tenant profile. For investors, that focuses the demand analysis on the apartment rental market in Business Bay. For end users, the building suits buyers who want a central, urban address rather than a villa or townhouse format.

Construction Timeline

Ground broke in November 2023. The target completion date was February 2025. That date has now passed. The project is likely in final handover or already complete. Buyers entering now are not committing to an extended off-plan construction wait, and the construction risk period is behind this development.

What the Amenity Set Covers

Category Amenities
Fitness & Wellness Health Club, Gymnasium
Dining & Retail Restaurants, Retail Facilities
Outdoor & Social Landscaped Parks, Shared Pool, Children's Play Area
Safety Security

Eight amenities span fitness, dining, outdoor space, and security. The health club and gymnasium pairing gives residents a complete on-site fitness option without an external membership. Restaurants and retail within the development reduce the daily errand radius for residents.

The children's play area points to a mixed target resident base: families alongside professionals and investor buyers. The shared pool and landscaped parks anchor the outdoor common areas and function as usable resident space. For a building at this price point in Business Bay, the amenity coverage is appropriate for the segment.

Payment plan

Pay as construction progresses

  1. Step 0110%
    Down payment10% paid
  2. Step 0230%
    During construction40% paid
  3. Step 0360%
    On handover100% paid

Schedule totals 100% at handover. Exact dates confirmed in your Sale & Purchase Agreement (SPA).

Construction

Where the project stands

  1. Nov 2023

    Booking started
  2. Nov 2023

    Construction started
  3. Feb 2025

    Expected completion
Lifestyle

What's on site

Location

Where it sits

Dubai,Business Bay,Marriott Residences

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FAQ

Questions buyers usually ask

Q01

What is the starting price for apartments in Marriott Residences By Octa?

The starting price for apartments in Marriott Residences By Octa is AED 1,250,000. This competitive pricing offers excellent value for buyers in Business Bay, Dubai. With such a price point, investing in off-plan properties here ensures access to premium amenities and a vibrant lifestyle.

Q02

What types of properties and prices are available at Marriott Residences By Octa?

Marriott Residences By Octa features apartments priced at AED 1,250,000. This exclusive development in Business Bay, Dubai, caters to buyers looking for elegant living spaces, promising a luxurious lifestyle complemented by top-notch amenities.

Q03

What is the payment plan for Marriott Residences By Octa in Business Bay?

The payment plan for Marriott Residences By Octa is structured with a 10% down payment, followed by 30% during construction, and 60% upon handover. This 10-30-60 payment plan makes it easier for investors to manage their finances when purchasing real estate in Dubai.

Q04

When will Marriott Residences By Octa be ready for occupancy?

Marriott Residences By Octa is expected to be ready for occupancy by February 1, 2025. With construction having started on November 2, 2023, investors can look forward to moving into their new homes in just over a year.

Q05

Where is Marriott Residences By Octa located?

Marriott Residences By Octa is located in Business Bay, Dubai, specifically at Marriott Residences. This prime location offers residents easy access to major attractions, business hubs, and exquisite dining options, making it a sought-after area for both living and investment.

Q06

Who is developing Marriott Residences By Octa?

Marriott Residences By Octa is developed by OCTA Properties, a reputable name in the UAE real estate market known for delivering quality projects. Their commitment to excellence ensures that buyers can expect high standards in both design and construction.

Q07

What amenities are available at Marriott Residences By Octa?

Marriott Residences By Octa offers a range of premium amenities including a health club, gymnasium, landscaped parks, shared pool, children's play area, retail facilities, restaurants, and 24/7 security. These amenities create a luxurious and family-friendly living environment.

Q08

What types of properties are available at Marriott Residences By Octa?

At Marriott Residences By Octa, you can find an array of apartments designed to meet modern living standards. This single-property type ensures a focused investment opportunity in the heart of Business Bay, Dubai.

Q09

Is Marriott Residences By Octa a good investment?

Yes, Marriott Residences By Octa represents a strong investment opportunity due to its prime location, competitive pricing starting at AED 1,250,000, and a solid developer track record. With anticipated capital appreciation and rental yield potential, it's ideal for investors looking to buy in Dubai's growing real estate market.

Q10

How can I book a property at Marriott Residences By Octa?

To book a property at Marriott Residences By Octa, simply contact our sales team or visit our website for the latest availability and to schedule a viewing. Our team will guide you through the buying process and help you secure your new home in Dubai.

Ready when you are

Get the price list, payment plan, and a direct line.

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