Downtown Dubai · Shamal Holding and H&H Investments and Development
The developer's last quote in our materials is dated 2 April 2025, which is more than 6 months old, so the sums are not shown here. I will send the current price list and availability over WhatsApp.
Figures come from the developer's own materials sent to brokers, dated 2 April 2025. The commentary behind them is written up in the Russian version of this page.
Located in Downtown Dubai. Developer — Shamal Holding and H&H Investments and Development.
Specifications for Baccarat Hotel & Residences Dubai per Propsearch and the Dubai Land Department. They describe the whole building, not the individual unit.
Baccarat Hotel Residences Dubai is a residential complex of several buildings in Downtown Dubai, currently under construction.
The developer is Shamal Holding and H&H Investments and Development.
The tallest tower rises 45 storeys.
The database currently holds 8 lots in this project, from 28 900 000 AED; 1 of them priced below the market, the deepest discount 4%.
Downtown Dubai's most expensive square foot by a wide margin: AED 9,046/ft² against a district average of AED 3,720. 45 storeys from Shamal Holding and H&H, under the French crystal house's hospitality brand.
Baccarat Hotel & Residences is a hotel-and-residences tower in Downtown Dubai, developed jointly by Shamal Holding and H&H, standing 45 storeys. It carries the Baccarat name — the 260-year-old French crystal maker — under a hospitality licence, the same brand-licensing model behind other crystal- and fashion-house residences worldwide, from Baccarat's own New York tower to Missoni- or Armani-branded addresses elsewhere.
Our own stock: seven lots averaging 4,156 sq ft, priced from AED 30 million to AED 45 million, at AED 9,046 per square foot.
2.7 times the average unit size in this table — Baccarat sells scale as well as brand: these are not compact hotel-style units but large-format residences.
Baccarat sits at the very top of the district — the next closest address, Society House, trades at roughly half its rate, and the gap to the district average is more than double.
| Tower | AED / ft² | Lots | Avg. size |
|---|---|---|---|
| Baccarat Hotel & Residences | 9046 | 7 | 4156 ft² |
| Society House | 3233 | 3 | 1484 ft² |
| Address Downtown | 4897 | 3 | 777 ft² |
| Address Residences Dubai Opera | 4756 | 11 | 1367 ft² |
| Burj Royale | 3701 | 4 | 1007 ft² |
| Address Dubai Mall | 4475 | 7 | 1491 ft² |
| Kempinski The Boulevard | 4361 | 7 | 1657 ft² |
| Vida Dubai Mall | 4308 | 14 | 1115 ft² |
| Address Residence Sky View | 4158 | 11 | 1721 ft² |
| Opera District | 4003 | 19 | 1512 ft² |
| St. Regis T1 | 3865 | 6 | 1263 ft² |
| Burj Khalifa | 3459 | 12 | 1756 ft² |
| W Downtown | 3410 | 14 | 1053 ft² |
| Burj Vista | 3388 | 7 | 1620 ft² |
| The Residences | 3303 | 8 | 1603 ft² |
| Forte | 3034 | 11 | 1392 ft² |
| Burj Crown | 2935 | 4 | 1356 ft² |
| Imperial Avenue | 2926 | 18 | 2316 ft² |
| Old Town Island | 2844 | 9 | 2054 ft² |
| Boulevard Central | 2656 | 6 | 1349 ft² |
| South Ridge | 2586 | 8 | 1796 ft² |
| Mohammed Bin Rashid Boulevard | 1720 | 3 | 1301 ft² |
Our own stock as of 28 August 2026, towers with three or more lots and a known area. District average — AED 3,720/ft², median lot AED 4.5 million out of 366 lots.
Below Baccarat, Downtown's price table is dominated by hotel brands operated by Emaar itself — Address, Vida, Palace — which we can measure directly against the same developer's unbranded towers a few streets away. Baccarat sits apart from that entire group: it is neither Emaar nor a mass hospitality name, but a licensed luxury maison brand on a scale seen more often in New York, Paris or a handful of ultra-prime addresses globally than in most of Dubai's branded-residence stock.
For an international buyer already familiar with Baccarat's own tower on West 53rd Street in Manhattan, or with a Fendi, Missoni or Bulgari residence elsewhere, this is the closest Dubai equivalent — priced, in local terms, at roughly the same multiple over an ordinary unbranded tower that those addresses command over ordinary Manhattan or Milan stock.
At this price tier, the price per square foot itself stops being the primary comparison point. Scarcity — how many residences ever exist under this specific name in this specific market — does more of the pricing work than the usual location-and-view calculus that governs the rest of the district.
Developers: Shamal Holding and H&H, 45 storeys, status under construction. Our own stock as of 28 August 2026: 7 lots (size, price, price per square foot), price-per-square-foot table across Downtown Dubai towers.
Shamal Holding and H&H Investments and Development.
45 — that is the tallest building of the complex.
Construction is ongoing; the key-handover date for the unit you choose I check in the contract before you sign.
Downtown Dubai. The Burj Khalifa district — the most recognisable address in the emirate and the densest piece of it.
The database currently holds 8 lots in this project, from 28 900 000 AED; 1 of them priced below the market, the deepest discount 4%. Prices move every day, so it is worth asking for the current list for this building.
Swimming pool, Gym, Restaurants. The list comes from the project description and covers the whole complex.
What has been written about the building, its developer and Downtown Dubai
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