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. The Baccarat Residences will reflect the calibre of this legendary brand who is adept at exceeding the expectations of the world’s most discerning connoisseurs, it stated.
Making its spectacular Mena debut in the heart of Dubai, the Baccarat Residences offer generously spacious and intimate homes with unparalleled service, and iconic design. It is owned by Shamal, who will collaborate closely with H&H Development.
This ultra-luxury branded residence is a visionary real estate development that combines elegance and effortless style in a destination that overlooks the iconic Burj Khalifa, said the statement.
Designed to enrich each of life’s moments, the crystalline tower creates a majestic presence that shines bright amongst the city’s stunning 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.
Baccarat is known the world over as a leader in perfection and luxury artisanship. Baccarat Hotels & Resorts launched in 2015 in New York, the first hotel and global flagship for the more than 250-year-old Baccarat crystal brand.
Over the centuries, they have produced some of the finest beauties the world has seen and their foray into branded residences comes with the same level of precision, passion and finesse.
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 ($3811) per sq ft, stated Azar.
"At Luxhabitat Sotheby’s International Realty, we have done our pricing matrix based on selling branded residences across the globe and we have unmatched experience on how to find the right buyers on our global database," he noted.
"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.-TradeArabia News Service
