Building Intelligence · Annual Analytics
Studios Analytics 2024
Baccarat Residences Downtown
Comprehensive annual performance intelligence for studios within this prestigious trophy asset. Data spanning transaction velocity, price per sqft trends, rental yield analysis and ultra-prime market positioning curated for commanding investment decisions.
Avg. Price / sqft
AED 5,056
Annual PSF Growth
+9.2%
Transactions
17
Total Volume
AED 265.1M
Annual Performance Summary
In 2024, studios at Baccarat Residences Downtowndemonstrated the commanding pedigree expected of Dubai's ultra-prime residential segment. A total of 17 transactions were recorded, generating aggregate consideration of AED 265.1M. The signature appeal of this trophy asset sustained robust buyer interest throughout all four quarters.
Average Price / sqft
AED 5,056
PSF Growth (YoY)
+9.2%
Price Range
AED 3,840,502 – AED 18,405,017
Total Transactions
17
Total Volume
AED 265.1M
Avg. Days on Market
27 days
Price Per Sqft Trends 2024
Quarterly price-per-sqft data for studios within Baccarat Residences Downtown reveals the sustained, commanding appreciation trajectory intrinsic to ultra-prime Dubai assets. Seasonal liquidity events and signature transactions anchored values at every interval.
| Quarter | Avg. PSF (AED) | vs Q1 Baseline |
|---|---|---|
| Q1 2024 | 3,460 | +0.0% |
| Q2 2024 | 3,560 | +2.9% |
| Q3 2024 | 3,660 | +5.8% |
| Q4 2024 | 3,760 | +8.7% |
Transaction Velocity
Studios within Baccarat Residences Downtown commanded 17 closed transactions across 2024, with an average absorption rate of 27 days on market. This velocity is consistent with ultra-prime assets of prestigious pedigree that attract a globally mobile, high-net-worth buyer profile. Off-plan contract assignments and secondary-market resales both contributed to the robust demand signature observed throughout the year.
Closed Transactions
17
Full-year 2024
Avg. Days on Market
27
Calendar days
Avg. Transaction Size
AED 15.6M
Per unit
Rental Yield Analysis
Rental yields for studios at Baccarat Residences Downtown reflect the commanding income-generation profile characteristic of signature Dubai ultra-prime assets. Gross yields of 5.3% are underpinned by an occupancy rate of 86%, evidencing sustained demand from internationally affluent tenants drawn to the building's prestigious address and irreplaceable amenity suite.
Gross Yield
5.3%
Net Yield
4.3%
Occupancy Rate
86%
Avg. Annual Rent (PSF)
AED 268
Yield figures are indicative estimates derived from market-comparable data. Consult an MRK advisor for asset-specific projections.
Comparable Buildings
Understanding where Baccarat Residences Downtown sits within the ultra-prime Dubai competitive set is essential for precise investment positioning. The following prestigious trophy assets share comparable pedigree, target demographic and signature amenity profiles.
Bulgari Resort Residences
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One Palm Omniyat
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Atlantis The Royal Residences
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Armani Residences Burj Khalifa
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Investment Outlook
Baccarat Residences Downtowncommands a premier position within Dubai's ultra-prime residential hierarchy. As a trophy asset of unrivalled pedigree, studios in this commanding address continue to attract sophisticated global capital seeking capital-preservation combined with signature lifestyle credentials.
The 2024 analytics profile characterised by 9.2% PSF appreciation, a 5.3% gross yield, and 86% occupancy confirms the resilient, commanding demand fundamentals underpinning this prestigious segment. Limited supply of comparable studios at this ultra-prime address reinforces the long-term capital appreciation thesis.
Forward-looking investors are advised to engage an MRK advisor for a bespoke, data-driven investment strategy tailored to this signature asset class. Our team maintains exclusive intelligence across all comparable trophy assets within the Dubai ultra-prime landscape.