Baccarat Hotel & Residences Dubai in 2026
- ◆Location: Downtown Dubai — Burj Khalifa, Dubai Frame, Al Fahidi Fort, Dubai Creek views
- ◆Developer: Shamal Holding × H&H Development, Baccarat brand (since 1764)
- ◆Architecture: Studio Libeskind (towers) · 1508 London interiors
- ◆Programme: 49 residences (2-5 bed) + penthouses · 144-key Baccarat hotel · 2 towers
- ◆Price: from AED 19.9-21M (~$5.4-5.7M) · duplex penthouse AED 179M
- ◆Handover: Q4 2026 (announced) · Phase II 'Baccarat Residences II' launched
- ◆Benefits: Golden Visa from AED 2M · 0% income/capital gains tax
- ◆Official site: baccaratresidencesdubai.com
Baccarat Hotel & Residences Dubai is one of the rarest branded residence programmes in Downtown Dubai — just 49 residences, spread across two crystalline towers designed by Studio Libeskind, alongside a 144-key Baccarat hotel. Developed by Shamal Holding in partnership with H&H Development, the project was announced on 8 February 2023 as the French crystal maison's — founded in 1764 — first foothold in the Middle East, and its second hotel address worldwide after New York (PRNewswire release, Shamal Holding).
The groundbreaking ceremony took place on 11 January 2024, and Shamal Holding unveiled the project's final details on 24 September 2024: 144 rooms and suites, 49 private residences of 2 to 5 bedrooms (2,137 to 8,665 sqft), and four dining venues, with unobstructed views of the Burj Khalifa, the Dubai Frame, Al Fahidi Fort and the Dubai Creek. Residence interiors are designed by British studio 1508 London. A second phase, Baccarat Residences II, has since been launched by the developer.
For the HNWI buyer, the thesis rests on three pillars: extreme scarcity — only 49 units on one of the most central addresses in the world — an incomparable brand DNA (Baccarat crystal, a benchmark of French luxury for 260 years), and potential access to the 10-year Golden Visa from AED 2M. The signature duplex penthouse traded at AED 179M (~$48.7M / €42.1M), one of the highest prices ever recorded in Downtown Dubai. Handover is announced for Q4 2026.
Not to be confused with the island resort Baccarat Residences Maldives — a completely different product (overwater villas, private beach) in a completely different market. GADAIT advises on both projects.
Crystal, the Skyline & the Hotel — One Address, Downtown
Baccarat Hotel & Residences Dubai brings together, on a single Downtown plot, two crystalline towers designed by Studio Libeskind, a 144-key Baccarat hotel and 49 private residences — the French maison's first foothold in the Gulf, announced by Shamal Holding on 8 February 2023 (PRNewswire).
Baccarat's Crystal DNA, Extended into Hospitality
Founded in 1764 in the Vosges, Baccarat opened its first hotel address in New York (Baccarat Hotel New York), then chose Dubai for its second address worldwide and its first in the Middle East. Crystal chandeliers, signature furniture and Baccarat red run through lobbies, restaurants and residences — an instantly recognisable signature.
Two Crystalline Towers Facing the Burj Khalifa
The two towers, designed by Studio Libeskind (Daniel Libeskind), take on faceted, cut-crystal-like facades — a silhouette that cuts through the Downtown skyline. Tower 1 houses the Baccarat hotel (144 keys) and part of the residences; Tower 2 completes the programme.
Residences Designed by 1508 London
Apartment and penthouse interiors are designed by British studio 1508 London — marble, light wood and brass, continuing Baccarat's crystal language. Every residence enjoys sweeping views of the Burj Khalifa, Dubai Frame, Al Fahidi Fort or the Dubai Creek, depending on orientation.
Baccarat Hotel Services, Every Day
24/7 concierge, in-room dining, access to the hotel's restaurants and spa, valet and housekeeping on request — residents enjoy the full ecosystem of an operated luxury hotel without ever leaving their address. Four dining venues animate the project's podium.
Living the Baccarat Way, Every Day
From the marble lobby to the terraces facing the Burj Khalifa, from signature restaurants to the hotel spa: Baccarat Residences lives like a hotel address, with the intimacy of home.
Official project visuals — Photos © Baccarat / Shamal Holding (PRNewswire releases 2023-2024, baccaratresidencesdubai.com).
49 Residences, from Two Bedrooms to Duplex Penthouse
The programme totals just 49 residences spread across 2 to 5 bedrooms (2,137 to 8,665 sqft), designed by 1508 London in keeping with the Baccarat crystal language. The scarcity of stock — among the lowest in Downtown Dubai for a project of this calibre — largely explains the price levels reached on signature units.
2-3 bedroom apartments
2,137 sqft and up, with views over Downtown, the Dubai Creek or the Burj Khalifa depending on orientation and floor.
- ✓From AED 19.9-21M (~$5.4-5.7M)
- ✓2 to 3 bedrooms, layouts by 1508 London
- ✓Handover announced Q4 2026
4-bedroom apartments & penthouses
Up to 8,665 sqft, including 5-bedroom penthouses with extended services.
- ✓4-bed up to AED 46M (~$12.5M)
- ✓5-bed penthouse from AED 77M (~$21M)
- ✓Terraces and Burj Khalifa views
Signature duplex penthouse
The pinnacle of the programme — an exceptional duplex sold at the highest price recorded on the project.
- ✓AED 179M (~$48.7M/€42.1M)
- ✓Among the highest prices in Downtown
- ✓Duplex layout, dedicated services
Where Baccarat Residences Sits in Dubai
Baccarat Hotel & Residences occupies one of the last available plots in Downtown Dubai — the city's most central and sought-after district, at the foot of the Burj Khalifa and the Dubai Mall.
Indicative driving times from Downtown Dubai.
What Your Budget Buys at Baccarat Residences
Baccarat Residences offers freehold apartments and penthouses. Here are the indicative 2026 price ranges, recorded as of 01/09/2026 (Bayut, Metropolitan Premium Properties).
| Type | Size | Price | Profile |
|---|---|---|---|
| 2-3 bedroom apartment (entry) | from 2,137 sqft (~199 sqm) | from AED 19.9-21M | Downtown / Dubai Creek view |
| 4-bedroom apartment | up to 8,665 sqft (~805 sqm) | up to AED 46M | Signature residence, Burj Khalifa view |
| 5-bedroom penthouse | large floor plates, upper floors | AED 77M | Extended services |
| Signature duplex penthouse | duplex, unique layout | AED 179M | Among Downtown's highest prices |
Prices are indicative, excluding taxes and fees, to be confirmed based on residence and availability — Shamal Holding does not publish a comprehensive official price list. All units are sold freehold to foreign buyers and are Golden Visa-eligible above the AED 2M threshold. GADAIT provides the current price grid and off-market availability.
Baccarat vs Dubai's Other Major 2026 Launches
How Baccarat Residences compares to the other ultra-luxury branded residences launched in Dubai in 2026 — to help you choose by zone, budget and brand.
| Development | Zone | Entry | Standout feature |
|---|---|---|---|
| Baccarat Hotel & Residences | Downtown | from AED 19.9-21M | Studio Libeskind · Baccarat crystal DNA |
| Bugatti Residences | Business Bay | from AED 21.2M (2-bed) | World's 1st Bugatti-branded residence |
| Vela Viento, Dorchester Collection | Marasi Bay | from AED 25M (3-bed) | Foster + Partners · Dorchester services |
| Armani Beach Residences | Palm Jumeirah | from AED 21.5M | Armani/Casa × Tadao Ando |
| Como Residences | Palm Jumeirah | from ~AED 27M | Nakheel flagship, 1 residence per floor |
Indicative entry prices (as of 01/09/2026), to be confirmed subject to availability. Baccarat Residences is the only development in this comparison located in Downtown Dubai, the city's most central district.
The Dubai Golden Visa, via Baccarat Residences
A purchase at Baccarat Hotel & Residences Dubai above the regulatory threshold grants eligibility for the Golden Visa — the UAE's residency-by-investment programme.
- Threshold: AED 2,000,000The purchase price registered on the title must reach AED 2M. Combining several properties to reach this threshold is permitted.
- 10 years, renewableThe Golden Visa is valid for 10 years and renewable for as long as the property is held — for you and your family (spouse, children).
- No minimum stayUnlike some other residency programmes, the UAE Golden Visa imposes no minimum time spent in the country.
- Off-plan eligibleAn off-plan purchase such as Baccarat Residences is eligible provided the developer is approved by the Dubai Land Department (DLD) — to be verified case by case at the time of purchase.
- Mortgaged property eligibleA financed property remains Golden Visa-eligible if its value meets the AED 2M threshold and it sits in a freehold zone — Downtown Dubai qualifies.
For the full detail on Golden Visa routes (Green, Blue, retirement, yacht-owner), see our dedicated Dubai Golden Visa guide.
Taxation at Baccarat Residences Dubai
Dubai offers one of the most favourable tax frameworks in the world for international property owners — a major draw for HNWI buyers at Baccarat Residences.
The UAE's 9% corporate tax, introduced in 2023, does not apply to residential real estate held in a personal capacity — except where the property is run as a commercial operation (licensed short-term rental via a company). The escrow protection covering funds paid to the developer is governed by Law No. 8 of 2007: payments flow through a dedicated project bank escrow account, supervised by RERA/DLD and released against certified construction milestones.
Tax positions should be confirmed with a qualified UAE tax adviser, especially for tax residents of other jurisdictions. GADAIT works with a vetted network of specialists in Dubai.
How Much Does a Baccarat Residence Cost per Year?
Beyond the purchase price, here are the recurring cost items to budget for a residence in a luxury Downtown Dubai tower.
Luxury towers in Downtown and the Palm carry service charges of 50 to 70+ AED/sqft/year under the RERA index — as an illustration, roughly AED 125,000 to 175,000+ per year for a 2,500 sqft residence. The exact figure varies by building and unit; GADAIT provides the precise number for Baccarat Residences on request.
Buying at Baccarat Residences in 5 Steps
From first selection to title and Golden Visa, GADAIT supports you at every step — as the buyer's advocate, with no conflict of interest.
Off-market selection
GADAIT identifies available units from Shamal Holding — including residences not yet publicly listed — matched to your budget, preferred floor and Burj Khalifa exposure.
Expression of Interest, booking & SPA
A booking deposit followed by signature of the Sale and Purchase Agreement (SPA) with the developer, which sets the price, payment plan and delivery timeline.
RERA escrow account
Funds are held in a dedicated project escrow account, governed by Law No. 8 of 2007 and supervised by RERA/DLD — released against certified construction milestones.
Oqood registration & DLD fee (4%)
Provisional title registration (Oqood) with the Dubai Land Department, payment of the 4% registration fee plus admin and trustee charges.
Handover, final title & Golden Visa
At handover, the definitive freehold title is transferred and, for a purchase ≥ AED 2M, you can file for the 10-year Golden Visa for yourself and your family.
Financing a Purchase at Baccarat Residences as a Non-Resident
For an off-plan project such as Baccarat Residences, financing first follows the developer's payment plan (a booking deposit followed by construction-linked instalments), settled in cash. Bank financing can supplement this, particularly after handover.
Shamal Holding does not publish the exact payment plan structure for Baccarat Residences; the figures above reflect common practice observed on comparable Downtown and Palm launches in 2026, to be confirmed project by project. For non-resident mortgage rules in detail, see our non-resident financing guide for Dubai. GADAIT connects you with its banking partners for a personalised pre-qualification.
Baccarat Residences, a Scarcity Play
Dubai is now the world's number-one branded residences market, with more than 140 projects tracked (Savills) — ultra-luxury branded residences here command an average premium of 25 to 35% over comparable unbranded property. With only 49 units, Baccarat Residences stands out for its scarcity relative to most comparable Downtown launches, which has historically supported faster resale and greater price resilience through market cycles for the most established branded residences.
Hotel-branded residences such as Baccarat typically post lower gross rental yields than comparable unbranded units — the brand premium is paid up front rather than earned back through rent — but benefit in return from captive rental demand (upscale short stays, executive lets) and a historically smaller resale discount during market slowdowns.
For a quantified rental yield comparison by zone and typology in Dubai, see our Dubai rental yield guide. Market figures to be validated case by case with your GADAIT advisor; past performance does not guarantee future results.
Why GADAIT for Baccarat Residences Dubai?
GADAIT combines local intelligence on Downtown Dubai, international-buyer expertise and an exclusive buyer-side mandate — to secure the right Baccarat residence at the right price, on a pool of only 49 units.
The 5 most exclusive branded residences, the Golden Visa from AED 2M, the tax frame (0% income tax, 0% capital gains) and the real acquisition costs — 9 pages to keep, yours for your email.
FAQ — Baccarat Hotel & Residences Dubai 2026
Entry-level apartments start around AED 19.9-21M (~$5.4-5.7M / €4.7-4.9M). 4-bedroom units reach AED 46M (~$12.5M / €10.8M), 5-bedroom penthouses AED 77M (~$21M / €18.1M), and the signature duplex penthouse traded at AED 179M (~$48.7M / €42.1M) — one of the highest prices ever recorded in Downtown Dubai (Bayut/Metropolitan Premium Properties, as of 01/09/2026). Contact GADAIT for the current price list and availability.
A branded residence is an apartment managed to the standards of a hotel or luxury brand — here Baccarat, the French crystal house founded in 1764, at its second hotel address worldwide after New York. Buyers get hotel-grade services (concierge, room service, spa, restaurants), signature design (Studio Libeskind, 1508 London interiors) and easier resale thanks to brand recognition. This premium historically translates into a valuation 25-35% above comparable unbranded property in Dubai (Savills).
Yes, without restriction. Downtown Dubai is a freehold zone under Regulation No. 3 of 2006, open to foreign full ownership. Buyers of any nationality can hold their Baccarat residence in freehold, with title registered at the Dubai Land Department (DLD) and full repatriation of capital.
Shamal Holding does not publicly disclose the exact payment plan structure for Baccarat Residences; ultra-luxury Downtown launches generally run 60/40 to 80/20 schemes with 5-20% at booking. GADAIT provides you with the current payment plan and construction milestones on request.
Yes. Any property purchase from AED 2,000,000 (price registered on the title) in a freehold zone — Downtown Dubai qualifies — grants eligibility for the 10-year, renewable Golden Visa, with no minimum stay requirement in the country. Off-plan purchases are eligible provided the developer is DLD-approved; a mortgaged property remains eligible if its value meets the threshold.
No income tax on rental income and no capital gains tax for individuals holding in their own name. The UAE's 9% corporate tax does not apply to personal real estate holdings. A 5% municipal housing fee applies to rents, paid by the occupant. At purchase: 4% DLD registration fee, plus Oqood, trustee and admin charges (total transaction typically 6-8% including commission).
Yes. Downtown Dubai is one of the freehold zones designated under Regulation No. 3 of 2006, where foreigners can acquire full ownership, with long lease or usufruct structures up to 99 years depending on the setup chosen.
A signature duplex penthouse traded at AED 179M (~$48.7M / €42.1M), one of the highest prices recorded in Downtown Dubai in 2026 (Bayut/Metropolitan Premium Properties, as of 01/09/2026). The programme totals only 49 residences, which explains the scarcity and the price levels reached on signature units.
These are two entirely separate Baccarat projects. Baccarat Hotel & Residences Dubai is an urban tower in Downtown Dubai (Shamal Holding, Studio Libeskind, 49 residences, 144-key hotel, Q4 2026 handover). Baccarat Residences Maldives is an island resort on an atoll, with overwater villas and a private beach — a completely different product in a completely different market. GADAIT advises on both; see our dedicated Baccarat Residences Maldives page for that project.
Handover is announced for the fourth quarter of 2026 (Q4 2026). The project was announced by Shamal Holding on 8 February 2023, the groundbreaking ceremony took place on 11 January 2024, and final details (144 keys, 49 residences, 4 restaurants) were unveiled on 24 September 2024 (PRNewswire releases). A second phase, Baccarat Residences II, has since been launched by Shamal Holding.
The Baccarat hotel (144 keys, Tower 1) is developed by Shamal Holding in partnership with H&H Development, under license of the Baccarat brand — the French crystal house associated with SH Hotels & Resorts for its international hotel addresses. Residents benefit from the full range of hotel services via a dedicated private-residence management agreement.
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