Elton John must be feeling the pinch of the credit crunch along with the rest of the UK after accepting an offer from Pearl Dubai to play a private concert for a group of more than 150 investors flown to Paris for the unveiling of another new development in Dubai - the Baccarat Hotel and Residences.

Abdul Majeed Al Fahim, Chairman of Pearl Dubai FZ LLC, said: “Our initiative of the trip was to acquaint our investors with the signature Baccarat brand, including a visit to the magnificent Maison Baccarat, bringing them one step closer to being part of their upcoming Dubai Pearl experience. ”
To be developed in association with the US-based Starwood Capital Group, the Baccarat Hotel and Residences at Dubai Pearl will be located in the signature 73 storey, four tower heart of the project, will be more than 800,000 sqft with 340 rooms. The $270 million Baccarat Residences will feature elegantly designed apartments and clients will have the option to design their own interiors if they so desire.

Al Fahim added: “Since 1764, Baccarat has built a reputation of providing elegant luxury products offering unparalleled beauty and flawless brilliance. The Baccarat Hotel and Residences will therefore front a new destination not only in Dubai, but in the Middle East as well.”

A downloadable PDF file of the Baccarat Hotel and Residences is available here.