The off-plan market in Dubai has maintained a strong pace in the first half of 2024, with a 30% increase in property volume sold compared to the same period in 2023. Global buyers and investors remain keenly interested in new construction projects coming up across prime areas of the city. Dubai Sotheby’s International Realty works closely with notable property developers, partnering with them to showcase the best new additions to the city’s luxury real estate landscape. Here are some of the best new off-plan projects in Dubai that are exclusively brokered through Dubai Sotheby’s International Realty.
Baccarat Residences, Downtown Dubai
Located in the prestigious Downtown district, Baccarat Residences brings a touch of timeless elegance to an area known for its sophisticated contemporary character. The Baccarat brand has a history going back over 250 years when King Louis XV of France granted permission for the founding of glassworks in the town of Baccarat. From fairly humble beginnings producing window panes and mirrors, the glassworks transformed into one of the world’s foremost luxury brands, known the world over for its stunning crystalware and decorative pieces. In 2015, Baccarat made its first foray into the luxury hospitality and residential sector with the opening of the Baccarat Hotel in New York. The hotel features specially handcrafted Baccarat pieces in all of its decorations and incorporates design elements in a striking shade of crimson that has become a signature colour of the brand.
Several Baccarat projects have been planned in major global cities like Florence, Miami, and Dubai. All of these projects will feature a hotel component and a residential component, with unique designs that are a reflection of their environment and the brand’s heritage. Baccarat Hotel & Residences Dubai has a glass-fronted facade that evokes the look of crystalware with sweeping curves, sharply cut angles, and touches of the signature Baccarat crimson.
The development will have 144 hotel suites and just 49 branded residences, offering an exclusive getaway in the heart of the city. The residences are divided among two to four-bedroom apartments, a limited collection of four and five-bedroom penthouses, and just one duplex penthouse unit. All of them feature open-plan layouts with floor-to-ceiling windows, all complemented by crimson decor accents.
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Four Seasons Private Residences, DIFC
The Four Seasons hospitality brand needs no introduction – it is one of the most recognisable luxury hotel brands in the world, with properties on every continent and in many major cities. Dubai’s first Four Seasons property opened on Jumeirah Beach Road in 2014 and is known for the exceptional beachfront experience it provides its guests. Two years later, a second hotel was opened in DIFC, one of Dubai’s main business districts.
With the rise of interest in branded residences all over Dubai, it was a logical step for Four Seasons to bring its exclusive and highly sought-after Private Residences to the city. In collaboration with renowned developer H&H, the first Four Seasons Private Residences were opened along the Dubai Water Canal in 2023. The project, comprising a limited collection of apartments and penthouses with access to unique amenities and beautiful waterfront views, is completely sold out with units rarely coming on to the resale market.
However, there is good news for buyers who missed out previously – one of Dubai’s new construction projects is a second Four Seasons Private Residences, located close to the hotel but not directly connected to it. The development comprises four towers sitting atop an elevated podium, forming a unique sweeping silhouette. Only 59 residences will be contained within the towers, along with two exclusive penthouse units.
Buyers can choose from two view options – facing the Za’abeel District or looking out towards DIFC. Each residence will benefit from services provided by Four Seasons, with a dedicated Director of Residences on hand to ensure that the needs of all residents are being met. Level 12 is the amenities deck of the towers, offering a swimming pool, fitness studio, and spa facilities.
DIFC is a hub for art, culture, and fine dining in Dubai. Moments away from their homes, residents will be able to visit the many art galleries located around the district or dine out at award-winning venues such as Zuma and Cipriani.
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Eden House The Canal, Jumeirah
Eden House is one of the flagship residential projects by H&H Development in Dubai and represents the ultimate luxury living experience. The first project in the series, Eden House Al Satwa, brought a bold vision of contemporary urban architecture to a district that is known for its historic buildings and was among Dubai’s higher-end apartment neighbourhoods at one time. The second project is ideally located along the banks of the Dubai Water Canal, taking waterfront living to a premium level like no other project in the city.
The outdoor facade of Eden House The Canal is encased in floor-to-ceiling glass, with balconies jutting out from each of its six stories. There are only 88 residences contained therein, each one boasting sophisticated interior design that has been crafted to create the atmosphere of a five-star hotel. Apartment sizes vary from one to four bedrooms, making it an ideal option for single professionals or for smaller families. Layouts are open plan, with full-height windows bringing in plenty of natural light.
Residents of Eden House will have access to an amenities deck with a swimming pool, fitness centre, and more, plus direct access to the lively canal promenade. Additionally, a la carte services will be available to take care of the smaller details of everyday life, from housekeeping to childcare.
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Sofitel Residences Downtown Dubai
Leading French luxury hotel brand Sofitel has been a presence in Dubai for over 11 years since the first Sofitel hotel opened at Palm Jumeirah in 2013. A year later, the Downtown Dubai hotel followed and went on to become one of the district’s key hospitality landmarks. The hotels were a part of Sofitel’s revamped luxury strategy, with a stronger focus on making individual properties the best in their class in terms of service and amenities. At present, there are more than 130 Sofitel properties spread around the world but only one residential project, located in Colombia.
Sofitel Residences Downtown is a stylish addition to the brand’s global portfolio and is one of the most anticipated new construction projects in Dubai, offering five-star French refinement to one of the city’s most dynamic districts. The project will offer only 64 apartment units and 6 penthouses, featuring flowing open-plan layouts and large terraces overlooking the city.
Purchasing a Sofitel property will give you access to a range of premium amenities for residents, including a relaxation room, a projection room that creates immersive viewing experiences, and a residents-only lounge. Additionally, you will be able to access a host of premium benefits at all Accor hotels worldwide.
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Final Take
Dubai’s real estate market shows no signs of slowing down as new construction projects continue to redefine the city’s skyline. For investors and prospective homeowners, these developments represent a range of opportunities to be part of Dubai’s ongoing transformation. As these projects come to fruition, they will further enhance Dubai’s reputation as a global hub of luxury and dynamic urban living.
