Investments
A new Baccarat property will open in Downtown Dubai in 2026. The project will be managed by SH Hotels & Resorts, and feeds into the hotel brand management company’s ambitions to boost its growth in the region. The property will be owned and developed by Shamal Holding.
Baccarat Hotel & Residences Dubai will boast 144 guestrooms, a third of which will be suites, and 49 Baccarat-branded private residences, designed by the London-based design studio 1508.
Its F&B offer will consist of a formal dining room with indoor and outdoor seating, private dining rooms, a poolside bar, and a Grand Salon serving pastries and afternoon tea. An evening champagne and wine programme will complete the offering.
It will be part of a new ultra-luxury mixed-use development in Downtown Dubai. Its twin tapering towers will be designed by architectural firm Studio Libeskind and combine a luxury hotel with full-service branded residences. Located opposite the Burj Khalifa, the property will offer easy access to the landmarks of both new and old Dubai alike.
SH Hotels & Resorts’ newly established regional team in London will oversee the project. It will be headed up by Robert Koren, SVP and Area Managing Director for Europe, the Middle East, & Africa.
We are thrilled to be partners in the development of this extraordinary hotel and residences in one of the top travel destinations in the world. The Baccarat brand celebrates the quality of light and where is the sun more spectacular than in the Middle East. Our artisans will work to create a spectacular property to take its place among the most revered in the world. We are excited for this project’s gleaming future.
Barry Sternlicht, Chairman of SH Hotels & Resorts
Our debut in Dubai marks an exciting new stage in the evolution of the Baccarat brand. We are creating a new identity in an already remarkable region, and we are sure the hotel will become the singular, unforgettable, luxurious experience in Dubai.
Raul Leal, CEO of SH Hotels & Resorts
Investing in the extraordinary is core to our mission and undoubtedly, Baccarat Hotel fits within this vision. With one of the richest brand equities and legacies in the luxury hospitality sector, we are ecstatic to be able to bring this brand to Dubai, a market that is no stranger to magnificent hospitality and experiences. We are certain that this mixed-use development will be a highly sought-after destination for both residents and visitors alike, contributing to the country’s vision to make Dubai one of the world’s best places to live, work, and stay.
Abdulla Binhabtoor, Chief Portfolio Management Officer at Shamal Holding