Officials at the ground-breaking ceremony. Credit: Shamal Holding.

Shamal Holding, a UAE-based investment firm, has inaugurated the commencement of construction works on Baccarat Hotel and Residences Dubai, a new lifestyle development.

Scheduled to open its doors in 2026, the project will feature two crystal-inspired towers that will add a new dimension to Dubai’s skyline, offering luxury hotel suites and bespoke residences adorned with Baccarat’s design elements.

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The development promises to offer a luxurious living experience, combining Baccarat’s legacy of fine craftsmanship with Dubai’s vibrant energy and meticulous attention to detail.

Baccarat Hotel and Residences Dubai aims to provide authentic elegance, refined comfort, and iconic design.

Offerings at the property will be complemented by dining experiences, quality amenities, and services.

The project is being led by Dubai-based developer H&H Development, with Shamal Holding as the owner.

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The architectural vision for the project is being brought to life by Studio Libeskind, with interior design by 1508 London. SH Hotels & Resorts will manage the hotel project.

Shamal Holding chief portfolio management officer Abdulla Binhabtoor said: “For over two centuries Baccarat has defined luxury, 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 introduces a glimmering new masterpiece with an otherworldly lifestyle experience for those who choose to see life in a new light.”

H&H Development CEO Miltos Bosinis said: “Our expertise in the region, underpinned by a commitment to excellence and innovation in construction, uniquely positions us to bring this development to life.

“Situated in Downtown Dubai, the Baccarat Hotel and Residences is a testament to our commitment to crafting spaces that emphasise cutting-edge design and sophisticated luxury, tailor-made for those who express an elevated style of living right in the heart of our city.”