Luxhabitat Sotheby's International Realty officially launched the exclusive Baccarat Residences in Downtown Dubai a month ago and has already witnessed extraordinary interest with flats selling for a record-breaking AED 14,000 per sq ft. The Baccarat Residences debuted in Downtown Dubai with spacious and intimate residences, along with unparalleled service and iconic design.

This ultra-luxury branded residence is a visionary real estate development that blends elegance and effortless style with a destination overlooking the iconic Burj Khalifa. The residential complex features 49 ultra-luxurious flats with two to five bedrooms, located on the 24th floor. The Baccarat Apartments will reflect the calibre of this legendary brand, which is adept at exceeding the expectations of the world's most discerning connoisseurs.

The Baccarat Apartments is owned by Shamal, who will work closely with H&H Developments. Designed to enrich every moment of life, this crystalline tower creates a majestic presence that shines through the city's stunning skyline. Delicate fabrics, fine marble and sparkling crystal are carefully layered and choreographed, and the ornate interiors and impeccable finishes are the future of living in today's world-class communities.

George Azar, Chairman and CEO of Luxhabitat Sotheby's International Realty, said: "We have seen a significant uplift in the branded residential segment, where the demand for prime areas combined with the demand for premium brands is not based on the rules of the market. At Luxhabitat Sotheby's International Realty, we have done a pricing matrix based on global sales of branded residences and we have unparalleled experience in how to find the right buyers in our global database. The three buyers of the exclusive Baccarat residence in downtown Dubai were already owners of Baccarat residences in New York and Miami, demonstrating that the product is suitable for avid collectors."

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, magnates and modern stars.

Baccarat is known throughout the world as a leader in perfection and luxury craftsmanship. Launched in New York in 2015, Baccarat Hotels & Resorts is the first hotel and global flagship of the over 250 year old Baccarat Crystal brand. For centuries they have produced some of the world's finest beauties, and their attempts at branded residences are characterised by the same precision, passion and finesse.

The Baccarat name has always been synonymous with royalty: kings and queens, sultans and tsars, moguls and modern stars. Its glittering works of art are defined by elegance and authenticity, used for the most sumptuous banquets and celebrations of life. Through each of their exclusive residences, they aim to expand and create communities that offer resort-style comfort and five-star service, so that the residences and their guests can experience a life that will always shine.