Baccarat Hotel & Residences: Five Percent Down in the Burj Khalifa Area
H&H Development is delivering Baccarat Hotel & Residences in the Burj Khalifa Area of Downtown Dubai. The name signals the category: a hotel-branded residence where private ownership comes with hotel services and the brand attached to the building. That combination narrows the buyer profile considerably.
Prices run from AED 20.15 million to AED 32.2 million. That spread is explained by size and configuration rather than a fundamental difference in product quality. Smaller two-bedroom apartments sit at the low end; large four-bedroom apartments occupy the top. The 5% down payment is the figure most buyers will notice first, and for good reason.
What the Burj Khalifa Area Address Means
The project sits within walking distance of Dubai Mall and the Burj Khalifa. Sheikh Zayed Road runs through the district, giving direct access to DIFC and Business Bay to the south and Dubai International Airport to the east. For residents whose work or social life is centered on Dubai's commercial and financial core, the commute from this address is short by any measure.
Downtown Dubai is also the city's highest-profile retail and hospitality corridor. The infrastructure here is built around high-footfall international use: the density of dining, hotels, and retail is not replicated at the same scale elsewhere in Dubai.
What AED 20M to AED 32M Buys Here
The project spans two towers with configurations from two bedrooms to four-bedroom duplexes.
| Configuration | Area |
|---|---|
| 2-bedroom apartment | 2,142 – 2,970 sq ft |
| 3-bedroom apartment | 3,294 – 4,305 sq ft |
| 4-bedroom apartment | 5,511 – 8,632 sq ft |
| 5-bedroom apartment | 9,181 sq ft |
| 4-bedroom duplex | 13,088 sq ft |
At AED 20.15 million, the buyer is looking at a two-bedroom apartment. The sizes here run from 2,142 to 2,970 square feet, which is generous by Dubai apartment standards. The price reflects the address, the hotel brand, and the service layer rather than the square footage alone.
At AED 32.2 million, the buyer is in a 5,511-square-foot four-bedroom unit in Tower 1. Tower 2 extends further: four-bedroom apartments reach 8,632 square feet, and a four-bedroom duplex at 13,088 square feet functions as a private residence within the hotel building rather than a standard apartment.
Hotel Living in Practice
| Category | Facility |
|---|---|
| Fitness | Gymnasium, Yoga Room |
| Pool | Indoor Swimming Pool |
| Hotel Services | Hotel and Spa Facilities, Elegant Lobby, Restaurants |
| Family | Children's Play Area |
Seven amenities, with the hotel services tier doing most of the work. The spa, lobby, and in-building restaurants represent what hotel-branded living delivers: professionally managed shared spaces and services at a standard a standalone residential project cannot replicate. The gym, yoga room, and indoor pool cover daily active use. The children's play area signals the developer is targeting owner-occupier families alongside investment buyers.
Getting In for Five Percent
| Stage | Payment |
|---|---|
| Down payment | 5% |
| During construction | 55% |
| Handover | 40% |
5% at signing to hold a unit above AED 20 million in Downtown Dubai is low for this price bracket. The structure then spreads 55% across the construction period through to mid-2027, with 40% falling due at handover.
That final installment is the figure that shapes the financial picture. A buyer at AED 20.15 million faces an AED 8.06 million payment at keys. At the AED 32.2 million top end, the handover payment rises to AED 12.88 million. The low deposit delivers access at minimal early outlay; the back-loaded structure means the bulk of the commitment arrives at completion.
Handover in May 2027
Construction started in March 2023. The expected completion date is May 2027, roughly 14 months from now. The project is already underway and the timeline is defined. The 55% during-construction installments accumulate across the remaining build period, with the 40% balance triggered at handover.