Luxhabitat Sotheby’s International Realty has announced the launch of the Exclusive Baccarat Residences, a residential complex, in Downtown Dubai.

Unveiling the project, Luxhabitat Sotheby’s said it will boast 49 ultra-luxury apartments, with two- to five- bedroom units, situated across 24 floors. 

Making its Mena debut in the heart of Dubai, the Baccarat Residences offer generously spacious and intimate homes with an iconic design. It is owned by Shamal, which will collaborate closely with H&H Development.

The crystalline tower creates a majestic presence that shines bright amidst the city’s skyline. Carefully layering and orchestrating exquisite fabrics, fine marbles, and shimmering crystals, the resplendent interiors and impeccable finishings are the future for today’s world-class community living, it added.

Founded by King Louis XV, Baccarat is a legendary French crystal company whose artisans have mastered their craft for over 250 years. The Baccarat name has long been synonymous with royalty, kings and queens, sultans and tsars, moguls and modern-day stars.

Luxhabitat Sotheby’s International Realty Chairman and CEO George Azar said: “We have seen a major uplift in the branded residences component and the demand in prime areas combined with the demand for a premium brand is not based on the market rules. We have already witnessed exceptional interest with residences selling for a record-breaking AED14,000 ($3,811) per sq ft.”

“Three of the buyers for the Exclusive Baccarat Residences in Downtown Dubai are already owners of Baccarat residences in New York and Miami showing that the product is suited for avid collectors,” he added.