PASHA Development To Bring The Ritz-Carlton Residences To Baku

The real estate developer has signed an agreement with Marriot International to launch the first branded residence in the city

PASHA Development, well-known Azerbaijani real estate developer and subsidiary of PASHA Holding, announced the signing of a management agreement with Marriott International to bring The Ritz-Carlton Residences to Baku. As the first branded residence in the city, The Residences’ unique offering will allow owners to enjoy a host of inclusive benefits, additional paid-for hotel assistance, and the legendary service of The Ritz-Carlton.

Located in Baku’s vibrant Nasimi district, The Ritz-Carlton Residences, Baku, are situated in the landmark 31-story building. Fourteen floors are already home to The Ritz-Carlton, Baku, the brand’s first hotel in the country. This prime location offers residents convenient access to downtown Baku and Heydar Aliyev International Airport, striking the perfect balance of vibrant city living and an exclusive residential environment. Just across the property is the Heydar Aliyev Center, a modern architectural icon in the city that was designed by the legendary architect Zaha Hadid.

The Ritz-Carlton Residences, Baku, comprise 79 apartments, featuring penthouses and one to four-bedroom apartments, each boasting unique designs and layouts. With direct access to The Ritz-Carlton, Baku, owners will gain privileged amenities including two restaurants, a rooftop bar and outdoor terrace, world-class meeting and event facilities, a 24/7 fitness centre with indoor pools, a signature Ritz-Carlton Spa featuring a sauna, steam room and Turkish bath/hammam, The Ritz-Carlton Club, and an exclusive Residents’ Lounge.

Rashad Aliyev, CEO of PASHA Development, said, “We are thrilled to announce our agreement with Marriott International to bring The Ritz-Carlton Residences to Baku. We both share a commitment to offering residents a life like no other and The Ritz-Carlton offers the gold standard of hospitality. The Ritz-Carlton Residences, Baku will add to PASHA Development’s thriving residential development and property portfolio - which includes many of the city’s most iconic addresses - and establish a new benchmark for luxury living in Baku.”

The Residences will offer owners the sense of elegance and meticulous attention to detail which The Ritz-Carlton brand is known for. The building's striking sail-shaped architecture complements the design concept for all spaces which has been thoughtfully crafted by Kristina Zanic Consultants. The concept celebrates ‘a city of many layers’, drawing inspiration from the diverse influences of Baku's history, culture, language and religion.

Pankaj Birla, Area Vice President, Eastern Europe, Marriott International, said, “We are delighted to be bringing The Ritz-Carlton Residences to Baku in addition to renowned hotel. Every Ritz-Carlton experience has the power to transcend the ordinary, and The Ritz-Carlton Residences, Baku will reflect how global citizens, legacy builders and lifestyle connoisseurs want to live their life.”

Slated to open in the fourth quarter of this year, The Ritz-Carlton Residences, Baku will provide owners with the opportunity to ‘live here, always’ through an array of additional services. These include VIP access to the finest amenities offered by The Ritz-Carlton and Marriott properties worldwide, concierge services, elite status in the Marriott Bonvoy Program, and more. Additionally, owners will have immediate access to the PASHA Elite Club offering privileges at various locations within the esteemed PASHA Holding portfolio.