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The building will contain hotel rooms, one-, two-, three- and four-bedroom serviced apartments and some office space. The hotel apartments will occupy the lower 14 floors.
Amenities will include a business centre, health club, swimming pools including a children's pool, a beauty clinic, prayer rooms and a sauna and steam room.
Richreit Tower is a reincarnation of the Hydra Towers project which was cancelled after running into financial trouble.
In 2011 construction work came to a halt and was not resumed until February 2015. By September 2015 the project was renamed ‘Richreit Towers’.
Although the foundations and podium levels had already been constructed in 2010, the tower was still able to undergo a (much needed) architectural redesign.
The building was previously named Mövenpick Hotel & Living but was changed to SAAS Business Bay in 2022 and was changed to residential use.
The finished property has 401 serviced apartments and range in size from studios to 3-bedroom apartments.
The units will be rented by the Sonder brand and will be available for both short and extended stays.
Amenities will include an elegant lobby with marble flooring, a swimming pool surrounded by cabanas, a restaurant and a state-of-the-art fitness centre.
From SAAS Business Bay it takes roughly 7 minutes to drive to Dubai Mall, 21 minutes to Palm Jumeirah, 19 minutes to Burj Al Arab and 24 minutes to The Walk JBR.*
Dubai International Airport (DXB) is roughly 17 minutes' drive and the new Al Maktoum International Airport is roughly 44 minutes' drive.*
The map below shows the location of SAAS Business Bay and just below are summaries of the nearest attractions, parks, beaches, golf clubs and cinemas.
The number of shops and amenities that are within walking distance can greatly affect quality of life and may be a key factor when choosing a place to live. Here is an analysis of all the commercial outlets that are currently operating in the vicinity of SAAS Business Bay.
There are dozens of outlets within walking distance of SAAS Business Bay. We've shortlisted the nearest ones across various categories:
For a full analysis of all outlets and amenities in the wider area visit our Business Bay Amenities guide.
SAAS Business Bay has many schools nearby including Japanese School Dubai at 1.7 km and JSS Private School LLC at 1.9 km.
In terms of performance there are eight schools nearby that have achieved either of two highest government inspection rating of 'Very Good' or 'Outstanding' including Horizon English School Dubai which has a rating of 'Outstanding' and Jumeirah English Speaking School which also has a rating of 'Outstanding'.
We've partnered with LadiesNightDubai.com and BrunchCrunch.ae to give an overview of the current Ladies Nights and Brunch offers in the vicinity of SAAS Business Bay.
Explore communities that are either adjacent or close to SAAS Business Bay.
A look at the original masterplan published by the developer at the time of the launch of SAAS Business Bay.
See the development of SAAS Business Bay in photos:
MEP = Mechanical, Electrical and Plumbing.
The dates above refer to when we monitored the site and not the exact date that construction reached a particular stage.
Please note that our progress updates are visual estimations only and should not be confused with official progress reports issued by the government regulator.
Propsearch.ae is a Dubai property portal that hosts ads from a number of local real estate agencies. In addition we offer a comprehensive set of community and building guides to help property buyers, renters and investors learn about the areas and buildings that they may wish to live or invest in.
Any enquiries sent regarding a specific property go directly to the estate agent that advertised the property and Propsearch does not play any role in any transactions that may result. Enquires that are sent directly to Propsearch are forwarded to a trusted partner agency that is best suited to handle the enquiry.
Please note that whilst we have a large database of buildings and developments, Propsearch is not a property developer, nor an agent, nor an architect, nor a construction contractor.