“The property draws inspiration from Baccarat’s iconic crystal heritage, while the breathtaking setting in Downtown Dubai will complement its regal elegance,” said Abdulla Binhabtoor, CEO, Shamal Holding, whose other portfolio holdings include Dubai Harbour.
Baccarat Hotel is being developed in collaboration with H&H Development - the Dubai-based real estate investor, developer and asset manager - as well as SH Hotels & Resorts, the company behind the Baccarat Hotels & Resorts brand, who will operate the property. The architectural design is by Studio Libeskind, with interiors by 1508 London.
"Baccarat Hotel Dubai marks a new chapter in the brand's legacy, bringing its unparalleled craftsmanship and artistry to a remarkable city,” said Raul Leal, CEO, SH Hotels and Resorts.
The project is to be completed by 2027.