

Dubai-based diversified investment firm Shamal has awarded the main works contract for its Baccarat Hotel and Residences project in Downtown Dubai to Arabian Construction Company (ACC).
A premium mixed-use development, Baccarat Hotel and Residences Dubai will comprise an ultra-luxury hotel and branded residences offering an enriched lifestyle.
Announcing the contract award, Shamal said the groundbreaking for the project took place last year and with all the enabling works and infrastructure packages fully completed, the main works contractor will start mobilisation imminently.
“A development of the calibre of Baccarat Hotel and Residences Dubai – representing ex-quisite hospitality and living – demands the best in the industry for every element, and we are confident that our development partners H&H alongside ACC will enable us to fulfil our promise to deliver the ultimate in luxury for both our visitors and residents alike,” said its CEO Abdulla Binhabtoor.