Off-Plan Primary
Q2 2030*
Off-Plan Primary
Downtown Dubai · Dubai Prestigious investment company
Baccarat Hotel & Residences
Downtown Dubai · Dubai
Living area
199 – 1,216 m²
Rooms
3 - 6
Handover
01/03/2026
Developer
Prestigious investment company
Penthouse in Downtown Dubai overview
Penthouse in Downtown Dubai from 18.000.000. Off-Plan Primary in Downtown Dubai, Dubai. 3 - 6 rooms, 199 – 1.216 m², handover 01/03/2026, by Prestigious investment company. Qualifies for the UAE Golden Visa from 2.000.000.
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.
More properties in Downtown Dubai · Dubai or the full project overview. Official market data at the Dubai Land Department. Background in our NAP insights.
Property details
Status
Off-Plan Primary
Region
Downtown Dubai
City
Dubai
Developer
Prestigious investment company
Living area
199 – 1,216 m²
Rooms
3 - 6
Bedrooms
2 – 5
Handover
01/03/2026
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Payment plan
Phase
Due
Share
Down Payment
At Booking
5%
During Construction
In instalments until completion
55%
On Handover
At completion
40%
*The estimated completion date of the projects is subject to change.
Location & map
Open in Google MapsLocated in the pulsating heart of Downtown Dubai, this property offers unparalleled access to the city's main traffic arteries and the most exclusive lifestyle destinations of the metropolis. The immediate proximity to the Dubai Mall and the Dubai Fountain underscores the exceptional infrastructure of this sought-after location. As a centerpiece of one of the UAE's most dynamic growth markets, this investment promises consistent value appreciation and attractive returns driven by rising rental demand. Invest here in an asset that benefits from Dubai's global radiance and the continuous expansion of the city landscape.
Frequently asked questions about Penthouse in Downtown Dubai
Can foreigners buy property in Dubai?
Yes. In the UAE freehold zones, foreign buyers own Penthouse in Downtown Dubai outright, with title registered at Dubai Land Department.
Are there taxes when buying?
The UAE charges no income tax on rental income and no annual property tax. A one-time transfer fee of 4% is payable to the Dubai Land Department on purchase.
When is handover?
Handover of Penthouse in Downtown Dubai is scheduled for 01/03/2026.
Is there a payment plan?
Yes. Penthouse in Downtown Dubai is offered with a structured payment plan, shown in the payment plan section above.
Who is the developer?
Penthouse in Downtown Dubai is developed by Prestigious investment company.
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