Main Works Contract Awarded for Baccarat Hotel and Residences Dubai

Introduction

Shamal has announced the awarding of the Main Works Contract for the Baccarat Hotel and Residences Dubai to Arabian Construction Co. (ACC). The project is a new mixed-use development combining residential units and a hotel, located in the heart of Downtown Dubai. This is an exciting development for Baccarat Dubai enthusiasts and investors.

Project Details

The development consists of both hotel and branded residences within a single, integrated complex. With all enabling and infrastructure works now fully completed, the main construction phase is set to begin soon as mobilization progresses. Therefore, followers of Baccarat Dubai can expect significant progress soon.

The team broke ground on the project in January 2024 and completed all infrastructure and preparatory packages, paving the way for the next construction stage.

Project Stakeholders

• Developer:
  Shamal is overseeing the development, in collaboration with local real estate investor and asset manager The combination of these stakeholders is crucial to the success of Baccarat Dubai.
• Main Contractor:
  Arabian Construction Co. has been appointed as the main contractor. The company has a track record of executing technically complex architectural and infrastructure projects, both in the UAE and internationally.
• Design Consultants:
  The architectural design is led by Studio Liebeskind, with interior design by 1508 London.

Official Statements

Abdulla Binhabtoor, CEO of Shamal, stated:

“We are pleased to reach this new milestone in the development. We are confident in our partners’ ability to meet the technical and design requirements of the project.”

Miltos Bossinis, CEO of H&H, added:

“We are committed to realizing a fully integrated project through the collaboration of experienced and specialized teams.”

Maher Merehbi, CEO of Arabian Construction Co., commented on the strategic importance of the Baccarat Dubai project for the company’s portfolio.

“Our proven expertise in delivering complex projects positions us well to meet the expectations and requirements of this development.”

Conclusion

The project aims to address the growing demand for high-quality residential and hospitality developments in Dubai, with a focus on delivering according to the approved architectural and engineering standards, through cooperation with specialized and experienced firms. This commitment ensures that Baccarat Dubai will meet the highest expectations.

Summary Table