Baccarat Hotel & Residences in Dubai
In early 2023, construction commenced on a new high-end property in Dubai, the Baccarat Hotel & Residences in Downtown Dubai. The complex comprises two skyscrapers featuring fully glazed facades. The project consists of 144 guestrooms and 49 residences. The complex offers residents premium recreation and leisure infrastructure, including a state-of-the-art fitness centre, a luxurious spa, a swimming pool, exclusive entertainment options and a lounge area.
The project will be commissioned at the end of 2026. Off-plan properties for sale in Baccarat Hotel & Residences Dubai start at AED 18.6 million (USD 5.7 million).
Baccarat Hotel & Residences in Downtown Dubai
The new residential complex will be situated in Dubai’s most popular area. Living in the heart of the Emirates will afford you stunning views of iconic landmarks, including the Burj Khalifa and the Dubai Fountain.
Thanks to its convenient location, the complex provides endless shopping and entertainment opportunities, as the city’s top spots will be right on your doorstep. The district is home to renowned attractions such as the Dubai Mall, Dubai Opera and Dubai Aquarium.
Downtown Dubai is next to the central Sheikh Zayed Road. The strategic location provides residents with easy access to travel around the city, with the ability to reach other districts within 5–25 minutes. The complex is 10 minutes from the Burj Khalifa and Business Bay. The Dubai International Airport is a short 15-minute drive away, while the Dubai Marina can be reached in 20 minutes. Additionally, the journey to the beach will take about 20 minutes, with La Mer Beach and Jumeirah Beach located nearby.
Apartments in Baccarat Hotel & Residences
Off-plan projects in Baccarat Hotel & Residences offer configurations of 2-, 3- and 4-bedroom residences. Each apartment is meticulously designed to optimize space without creating a crowded ambience. These units are equipped with top-notch amenities, including a kitchen featuring a breakfast bar and high-quality appliances, as well as luxurious bathrooms with premium fixtures. Additionally, each apartment boasts a terrace. The minimum area for these residences is 199 square metres. For a 2-bedroom apartment, the starting price is AED 18.6 million (USD 5.7 million).
Penthouses in Baccarat Hotel & Residences
Real estate in Baccarat Hotel & Residences also features four ultra-luxurious 4- and 5-bedroom penthouses. Properties in this category will occupy the upper floors of the complex, ranging from 39 to 43. Each penthouse, in addition to its bedrooms, features a spacious living room with a kitchen/dining area, equipped with modern furniture and appliances. The terrace provides unobstructed views of the world-famous Burj Khalifa and the Dubai skyline. The starting price for a 4-bedroom penthouse is AED 76.5 million (USD 20.8 million).
Baccarat Hotel & Residences by H&H Development
The complex is a collaborative venture involving real estate developer H&H Development and two renowned architecture studios, 1508 London and Studio Libeskind. This partnership seamlessly amalgamates the expertise and unique vision of these teams. Founded by internationally acclaimed architect Daniel Libeskind, Studio Libeskind is renowned for its meticulous attention to detail and bold designs. The company’s projects showcase strict geometric shapes, a skilful interplay of light and shadows and unique facades. Baccarat Hotel is no exception, with its buildings resembling precious crystals akin to the renowned Baccarat brand, thanks to the fully glazed walls. On the other hand, 1508 London is a UK-based studio specialising in premium design. For this project, the studio’s team designed interiors that epitomise luxury. The concept for living spaces seamlessly combines elegance, comfort and functionality.
For investors with a resale strategy, the new development could be an excellent option, as market research indicates that upmarket developments in Dubai tend to yield the highest capital gains. It is reasonable to anticipate that the cost of residences in this project will increase by at least 30% after the completion of construction.
The complex also accommodates investors seeking to purchase real estate for rental purposes. The annual return in Downtown Dubai reaches 6.2%, surpassing the Dubai average. Buyers of properties in Baccarat Hotel & Residences for investment can anticipate returns at this level or potentially higher, given the premium infrastructure and exclusive design of the units. These factors will definitely contribute to a strong demand from wealthy guests.
Contact the site’s specialists to learn more about this and other investment projects in Dubai.