Shamal Holdings, a diversified investment company that manages a unique portfolio of investments, assets and experiences, has announced the development of the new Barkara Hotel and Residences.
Set to open in 2026, the Barkara Dubai Hotel and Residences will be the first branch of the iconic brand in the UAE and will offer a level of elegance that reflects the brand's heritage.
The hotel is part of a new ultra-luxury mixed-use development in Downtown Dubai, in line with Shamal Holding's commitment to investing in the extraordinary.
The architectural masterpiece of Barkara Hotel & Residences Dubai is inspired by crystal, creating a majestic presence that shines in the iconic skyline of the downtown district.
The luxury hotel in Tower One will feature 144 rooms and suites, as well as 49 Baccarat-branded residences and four fine dining outlets, offering uninterrupted views of Burj Khalifa, Dubai Frame, Al Fahidi Fort and the Dubai Creek.
"Known for its regal elegance, the Baccarat brand is one of the richest brand assets in the luxury hospitality industry, which is closely aligned with Shamal's long-term investment strategy to bring exceptional experiences to the region," said Abdulla Binhabtoor, Chief Investment Management Officer, Shamal Holdings.
"Dubai is renowned for its luxury hotel portfolio and we believe this mixed-use development will be a new attraction for residents and visitors alike. We are working closely with an outstanding range of partners as we plan this unique development and we look forward to contributing to Dubai's hospitality and broader growth ambitions", Binhabtoor continued.
The project will be managed by SH Hotels & Resorts." Barry Sternlicht, Chairman of SH Hotels & Resorts said, "We are delighted to be a partner in the development of this extraordinary hotel and residence in one of the world's top tourist destinations." The Baccarat brand celebrates the quality of light, and where is the sun more spectacular than in the Middle East? Our craftsmen will strive to create a spectacular hotel that will take its place among the world's most esteemed hotels."
The owners, Shamal Holding, will work closely with H&H Development, a Dubai-based real estate investor, developer and asset manager.
These partners have assembled the best team to build The Baccarat Hotel & Residences, including unparalleled architectural design by the renowned Libeskind Studio and London's 1508 Interior Design Studio.
The stunningly angular twin towers feature a gleaming glass facade that reflects the desert sand, sea and sun, and exquisite Barkara crystal, creating an exquisite icon that harmonises thoughtfully with the nearby Dubai skyline.
With easy access to both New Dubai and Old Dubai from the city centre, and close proximity to the Dubai Mall and DIFC, visitors can quickly and easily connect with prestigious institutions in the fashion, arts, food and entertainment sectors.
"To establish a new level of quality and achieve cutting-edge and timeless design, each of our projects is built with a discerning eye," said Miltos Bossinis, CEO of H&H Developments Ltd." The Baccarat brand offers a valuable opportunity to create a truly bespoke and unique development that combines Baccarat's heritage with the modern spirit, energy and dynamism of Dubai. We look forward to working with Shamal Holding and all our partners on what will undoubtedly be an industry-defining project."
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.
A sales centre for Baccarat residences will be opening soon at DIFC, but to enquire about private residences, please contact the Baccarat sales office.