New homes in Baccarat Hotel & Residences start at AED 18,000,000; the keys were due Mar 2026; you pay 5% to book, 55% while it is built and 40% at the keys.
Keys
Mar 2026
The developer's handover date. It has passed and may be out of date, so ask us for the current one.
Payment plan
5 / 55 / 40
5% to book, 55% while it is built, 40% at the keys
Bedrooms
2 to 5 beds
Sizes
2,142 to 13,089 sq ft
Ownership
Freehold
Property types
Apartment and Penthouse
Registration fee
4% of the price
Paid to the Dubai Land Department
Details from the developer, as of Nov 1, 2026. They can change; ask us to confirm before you book.
Dubai Land Department register
From price per sq ft
AED 8,403 per sq ft
At the smallest size listed
RERA project
2724
Check it in Dubai REST, the Dubai Land Department's official app.
Built
7%
Being built. DLD register, Jun 12, 2026
Completion on the register
Dec 2026
DLD shows only the current date, so we can't tell whether it has moved before.
Escrow account
بنك الإمارات دبي الوطني (ش.م.ع)
The bank that holds your payments
Registered homes
98
In 2 buildings
Paying for it
You pay 5% when you book, 55% as the building goes up, and 40% when you get the keys.
AED
When
Stage
Share
Amount
When you book
Booking
5%
AED 900,000
As it is built
While it is built
55%
AED 9,900,000
At the keys (Mar 2026)
Keys
40%
AED 7,200,000
Booking payment, 5%
AED 900,000
Dubai Land Department fee (Oqood), 4%
AED 720,000
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 1,620,000
The handover date (Mar 2026) is too close or already past to estimate the dates. Ask us for the developer's current schedule.
Your payments go into the project's escrow account, which RERA watches, not straight to the developer.
Before you buy
Pay into the project's escrow account only.
This project's escrow account is at the bank named on the register above, watched by RERA. Pay into that account, never to a person.
Budget for the service charge.
Buildings in this area paid a median of AED 26 per sq ft a year in 2023, from 22 buildings on the Dubai Land Department register. For the smallest home (2,142 sq ft) that is about AED 56,000 a year.
Register the sale with Oqood.
The Land Department records off-plan sales in its Oqood register. Until your sale is on it, the home isn't in your name.
What similar homes sold for
The median price of off-plan homes with the same number of bedrooms that sold in Downtown Dubai in the 12 months to Sep 30, 2026. The smallest type is checked at the from price.
Type
Off-plan median
Sales
Against similar sales
2-bed apartmentFrom AED 18,000,000 here
Off-plan medianAED 4,770,000AED 3,364 per sq ft
Sales282
Too few sales to check: 23
3-bed apartment
Off-plan medianAED 14,051,000AED 4,587 per sq ft
Sales73
4-bed apartment
Off-plan medianAED 28,322,000AED 5,399 per sq ft
Sales36
5-bed apartment
Off-plan medianToo few sales for a median
Sales2
Sale prices from Dubai Land Department, Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.
Rent and yield
Gross yield at the from price
1.1%
Typical for similar ready homes
5.2%
Median rent of 2-bed apartments in Downtown Dubai
AED 195,000 a year
Rent contracts counted
2,132
Rented between
Apr 1, 2025 and Mar 31, 2026
2-bed apartment
AED 195,000 a year
3-bed apartment
AED 310,000 a year
4-bed apartment
AED 1,500,000 a year
Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 195,000 ÷ AED 18,000,000 = 1.1%. The home earns nothing until the keys, and new buildings often rent for more than older ones.
Rents come from Ejari, Dubai's register of rent contracts: new residential contracts in the area, all buildings. A median is the middle one: half are lower, half higher.
On your doorstep
Burj Khalifa/Dubai Mall Metro Station1.7 km, 7 min driveMetro station
Mandarin Oriental4.3 km, 9 min driveBeach
Business Bay creek front700 m, 13 min walkWaterfront
Salma al Ansaria School2.6 km, 6 min driveSchool
Hartland International School2.7 km, 10 min driveBritish school
Dubai International School2.7 km, 8 min driveAmerican school
Baccarat Hotel & Residences, a Baccarat-branded project in Downtown Dubai, has 2- to 5-bedroom apartments and penthouses from AED 18,000,000. The listed handover of March 2026 has passed, so it may be out of date; ask the developer for the current date.
Timing is the first thing to check. The listed handover was March 2026, eight months ago, so the date may be out of date. Ask the developer for the current handover date and whether the towers have their completion certificate.
The plan is 5% on booking, 55% during construction and 40% at handover. At the from price that is AED 900,000 on booking, AED 9,900,000 during construction and AED 7,200,000 at handover. Because the listed handover date has passed, ask when the 55% construction payment falls due. Separately, the 4% DLD fee comes to AED 720,000; ask when it is due.
The project is two glass towers designed by Studio Libeskind and Studio 1508 London, with a 144-room hotel and 49 homes. In Tower 1, apartments with two to four bedrooms are on floors 19 to 37, and four penthouses with four or five bedrooms, one of them a duplex, are on floors 39 to 43. Sizes run from 2,142 to 13,089 sq ft, and every home has a terrace. The listing has no floor plans, so ask for the layout of your unit.
A polyclinic is about 190 m away, the Downtown Dubai district about 660 m and the Business Bay creek front about 690 m. Burj Khalifa/Dubai Mall Metro Station is about 1.7 km away, around 7 minutes by car by our estimate. Salma al Ansaria School is about 2.6 km away, and Hartland International School and Dubai International School about 2.7 km.
Median price of 2-bed apartments in Downtown Dubai, over the 12 months to each dateUp 21% from Dec 2024 to Sep 2026.
Dec 2024AED 2,782 per sq ft
Sep 2026AED 3,364 per sq ft
Show as tableShow as chart
12 months to
Median price
Sales
Sep 2026
AED 3,364 per sq ft
282 sales
Jun 2026
AED 3,232 per sq ft
319 sales
Mar 2026
AED 3,130 per sq ft
371 sales
Dec 2025
AED 2,995 per sq ft
431 sales
Sep 2025
AED 2,821 per sq ft
389 sales
Jun 2025
AED 2,798 per sq ft
495 sales
Mar 2025
AED 2,804 per sq ft
548 sales
Dec 2024
AED 2,782 per sq ft
558 sales
Off-plan sales registered with the Dubai Land Department.
Questions about this project
Who is behind Baccarat Hotel & Residences?
The listing does not give a clear developer name, so confirm who the seller is on your sale contract.
Can foreigners buy here?
Yes. It's in a freehold area, so foreign buyers can own outright.
When is handover?
The listed handover was March 2026, which has passed, so it may be out of date. Ask the developer for the current date and the completion certificate.
How much do I pay and when?
5% on booking (AED 900,000 at the from price), 55% during construction (AED 9,900,000) and 40% at handover (AED 7,200,000). Separately, the 4% DLD fee comes to AED 720,000; ask when it is due.
Which homes can I buy?
Apartments with two to four bedrooms and penthouses with four or five bedrooms, one a duplex, from 2,142 to 13,089 sq ft. There are 49 homes in total.
How far is the metro?
Burj Khalifa/Dubai Mall Metro Station is about 1.7 km away, around 7 minutes by car.
