The upscale Baccarat Hotel and Residences Dubai are being built by Shamal Holding.

January 15, 2024 /PRNewswire/ — DUBAI, UAE -- Shamal Holding, a diversified investment organization that oversees a distinctive portfolio of investments, assets, and experiences, has kicked off construction on the much-anticipated Baccarat Hotel and Residences Dubai with an exclusive groundbreaking event.With two towers inspired by crystals that will add a new feature to Dubai's skyline and house Baccarat hotel suites and bespoke apartments with the brand's characteristic design, the new Downtown lifestyle development is scheduled to debut in 2026. The best amenities and services, together with outstanding eating options, will enhance the luxury offering.Authentic elegance, refined comfort, exquisite living, and iconic design will all be found in the elite lifestyle complex, Baccarat Hotel and Residences Dubai, which will combine the crafting legacy of Baccarat with the experience and vitality of Dubai and a rigorous attention to smaller details. SH Hotels & Resorts will oversee the hotel project.

Baccarat Hotel and Residences in Dubai are owned by Shamal Holding, a diversified investment arm. Chief Portfolio Management Officer Abdulla Binhabtoor stated: "Baccarat has defined luxury for over two centuries, translating its essence into contemporary lifestyle offerings including Baccarat Hotel New York, the first hospitality flagship for the brand. Inspired by this, Baccarat Hotel and Residences Dubai presents a shimmering new masterpiece that offers an extraterrestrial way of living to individuals who want to adopt a fresh perspective on life. We are collaborating with an amazing group of partners, headed by H&H Development, to complete a project that will revolutionize the industry and raise the bar for luxury living in Dubai.

"We remain committed to bringing the extraordinary to the communities we invest in, as we play our role alongside our partners and stakeholders in supporting Dubai's growth and ambitions to be the number one city to live and work in," said Binhabtoor.At the Baccarat Hotel & Residences Dubai, renowned developers H&H Development and owner Shamal Holding will collaborate with award-winning architects firm Libeskind and interior design firm 1508 London to construct a project that will redefine the industry and raise the bar for premium living. Miltos Bosinis, Chief Executive Officer of H&H Development, said, "Our knowledge of the area, supported by a dedication to quality and innovation in construction, uniquely positions us to bring this development to life." We are honored to collaborate with Shamal Holding, and we are well-positioned to create an unmatched living experience with our group of elite partners. The Baccarat Hotel and Residences, located in Downtown Dubai, is evidence of our dedication to creating environments that prioritize cutting-edge design and elegant luxury, specifically tailored for individuals who Dubai's Baccarat Hotel and Residences. Shamal Holding, a diversified investment organization that oversees a distinctive portfolio of investments, assets, and experiences, has kicked off construction on the much-anticipated Baccarat Hotel and Residences Dubai with an exclusive groundbreaking event.