−22% Photos and renders of the building and grounds — not of this particular unit.
Baccarat Hotel& Residences
Apartment
About the building
Located in Downtown Dubai. Developer — Shamal Holding and H&H Investments and Development.
What the building has
- Swimming pool
- Gym
- Restaurants
Where it is
The pin is placed by project — accurate to the development, not the door.
Downtown Dubai
The Burj Khalifa district — the most recognisable address in the emirate and the densest piece of it.
- short-let income
- a landmark address
- fast resale
What to check: The service charge here is among the highest in Dubai and in older towers it has climbed faster than rent. Calculate your yield after the charge, not before, and ask for three years of charge history before making an offer.
Full district guide →Questions and answers about lot P3-145040
How much is this apartment in Baccarat Hotel& Residences?
Lot P3-145040 is priced at AED 33 500 000, about $9 122 000. The size is 3 765 sq ft (350 m²), which works out at AED 8 898 per sq ft.
How much has the price of this lot been cut?
The price before the cut was AED 43 000 000; it is now AED 33 500 000 — AED 9 500 000 less, or 22%.
How does this price compare with other lots in Baccarat Hotel& Residences?
The database holds 11 lots in Baccarat Hotel& Residences right now, from AED 30 000 000 to AED 45 000 000. At AED 8 898 per sq ft this lot is 15% below the median for the other lots in the project (AED 10 492).
Is this expensive or cheap for Downtown Dubai?
The database holds 213 lots in Downtown Dubai, starting from AED 1 300 000. The area median is AED 3 625 per sq ft; this lot, at AED 8 898, is 145% above it. 40 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.
Downtown Dubai area guide →Is the property ready or still under construction?
According to the listing, the property is still under construction; the seller gives no handover date — I will confirm it with the developer when you ask.
Can I get a mortgage on this lot while it is still under construction?
During construction the buyer pays the developer under the payment plan — UAE banks grant standard mortgages on ready homes. A loan is possible for the final payment, once the property has its completion certificate.
Mortgage for the final payment →What costs come on top of the price?
The main one is the Dubai Land Department registration fee: 4% of the price, AED 1 340 000 for this lot. With a mortgage the bank charges for processing and valuation, and the mortgage is registered for a separate fee. I will send the full calculation for this lot on request.
Does buying this lot qualify for a UAE residence visa?
On price, yes: the 10-year Golden Visa is granted for property from AED 2 000 000, and this lot is priced at AED 33 500 000. The threshold is measured by the Dubai Land Department valuation, not the contract, and only freehold qualifies.
Golden Visa and residence visas →What is known about Baccarat Hotel& Residences?
The building has 45 floors. The developer is Shamal Holding. Figures are from the project passport: Propsearch and the Dubai Land Department.
How do I view the property and get the exact address?
Lots in the database are anonymised: the unit number, exact address and owner's details are not published. Send the lot code P3-145040 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
Video: Baccarat Hotel& Residences
Reviews from the English YouTube channel — each one with a written breakdown on this site.
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