Under construction properties
$5,642,200 — $20,691,000
  • Property types:
    2 bedroom, 3 bedroom, 4 bedroom, Penthouse
  • Two-Year Price Appreciation:
  • District:


  • Developer:


  • Class of the property:
  • Class of the district:
  • Rating Masterpiece:
  • Reliability of the developer:
  • Down payment:
  • Payment plan:
  • Completion date:
    Q2 2026

About district
  • District


Downtown Dubai is one of the most prestigious areas in Dubai and is known for its luxurious lifestyle, high-end properties, world-class amenities, and stunning views. It is a mixed-use development that features residential, commercial, and retail properties. The area is located in the heart of Dubai and is home to the iconic Burj Khalifa, the tallest building in the world, as well as the Dubai Mall, one of the largest shopping malls in the world.

The development of the area began in 2004 and was completed in 2010. It was designed to be the centerpiece of modern Dubai and to offer residents and visitors a luxurious lifestyle.

Buying Real Estate in the area

Pros: Downtown Dubai is one of the most prestigious and sought-after areas in Dubai, with a high potential for capital appreciation. It is also home to some of the most luxurious properties in Dubai and offers a high-quality lifestyle with world-class amenities and stunning views.

Cons: The prices of properties in Downtown Dubai are among the highest in Dubai, which may make it difficult for some buyers to afford. In addition, there is high competition among buyers, which can make it challenging to find the right property at the right price.

Statistics by district
Unit cost
Sales price
Unit cost
Sales price per sqft

About developer


H&H Development was established in 2007 by Shahab Lutfi and Mohamed Al Hussaini. H&H offers, through its business divisions, a wide range of real estate related services, stretching from development into property management & leasing, facility management, procurement of furnishings and fittings and interior design, thus providing its clients with a unique "all in one" approach to handling their assets.

Our strong technical expertise coupled with our financial capabilities and understanding ensure that costs are reduced during construction, revenues are maximized during operation and value is created in accordance with the investors' business plans and objectives.

About building
About Baccarat
Baccarat Hotel & Residences is a high-end project in Downtown Dubai, within walking distance of Dubai Mall and Burj Khalifa. The first Baccarat-branded, mixed-use complex in the UAE was launched in Q1 2023. The project is being developed by the prestigious investment company Shamal Holding, in collaboration with H&H Development and SH Hotels & Resorts. The famous architectural bureaus Studio Libeskind and Studio 1508 London are responsible for the design of the exclusive complex.

The development will consist of 2 crystal-shaped skyscrapers with sparkling glass facades. That said, the architecture is reminiscent of the crystal from the legendary French brand, Baccarat, which has a rich 250-year history. The project will encompass a 144-room hotel and a collection of just 49 private residences.

Tower 1 will include 2-4 bedroom apartments on floors 19–37 and 4 penthouses in 4-5 bedroom configurations, including a single duplex penthouse, on floors 39–43. Property sizes range from 2,142 sq. ft to 13,089 sq. ft. The residences will overlook the Burj Khalifa and the iconic city skyline, whilst the penthouses will boast panoramic views. All residences will be complemented by spacious terraces.

The properties in Baccarat Hotel and Residences are an excellent investment opportunity. The prime city centre location, luxurious design, superb hotel services, and numerous amenities make this residential complex appealing to buyers and tenants seeking high-class accommodations.

Currently, it is the most opportune time to purchase an investment apartment in the new development. While the building is still under construction, investors have the chance to acquire real estate at below-market prices and take advantage of interest-free payment plans.
Features / Amenities
  • Covered parking
  • Lounge area
  • Swimming pool with a terrace overlooking the Burj Khalifa
  • Conference halls
  • Gym, Fitness studio
  • Pilates and yoga room
  • Children’s playground
  • Spa
  • Balcony and terrace
  • Restaurants and bars
  • Cinema
  • Security, CCTV

Floor Plans
2 bedroom / 2364 sqft
$5,642,200 — $6,287,600
3 bedroom / 3496 sqft — 3565 sqft
$7,868,200 — $9,022,000
4 bedroom / 4517 sqft
$12,379,000 — $13,781,400
Penthouse, 4 bedroom / 6481 sqft — 7337 sqft
Penthouse, 5 bedroom / 8004 sqft

Process of purchasing
Process of purchasing property
Step №1
We identify a suitable property that meets your needs and has promising potential for appreciation.
Step №2
We confirm the property's availability with the developer, keeping in mind that properties in Dubai can be snapped up quickly.
Step №3
Our team verifies the escrow accounts and the project card via the Dubai Land Department website.
Step №4
You place an Expression of Interest (refundable) or a Deposit (non-refundable) - 2-5% to provisionally reserve the property under your name. This deposit is paid into the developer's bank account.
Step №5
We complete and sign the Booking Form online.
Step №6
You transfer the remaining part of the initial payment (10-20%) within 1-2 weeks. This payment is also made to the developer's bank account.
Step №7
We handle the payment of the Dubai Land Department (DLD) fee, which amounts to 4% of the property value.
Step №8
You cover additional fees: the administration fee (580 AED) and OQOOD - temporary ownership certificate (2,100 AED for sale price below 500k - 4,200 AED for sale price above 500k).
Step №9
We sign the main Sales and Purchase Agreement (SPA) either remotely, at the developer's office, or via post. This typically occurs within 1-2 months.

Example of the agreement
Step №10
You continue with the remaining payments, which are made to the project's escrow account, until the handover or key collection.
Step №11
Upon completion of the full payment, you will receive the Title Deed - the ownership certificate (250 AED) and then proceed to take over the property and collect the keys.

Title Deed
Learn all the details about this project on the free zoom-consultation with our real estate advisor
As a result of the meeting, you'll receive:
Personalized investment strategy
Detailed Сash-on-cash calculation
Legal tax optimization options
Insights about mortgage and purchase process
Head office:
Office 213, 2 Floor, MSM 1 Building, Al Safa 1, Dubai, UAE
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License №1092965
P.O. Box:
Real estate investment agency and management company with over 13 years of experience in the Dubai market
Office 213, 2 Floor,
MSM 1 Building, Al Safa 1,
Dubai, UAE