International Property · Maldives
A five-island private-residence collection in the South Malé Atoll, combining Baccarat's design heritage with beach, golf and mansion residences set across approximately 55 hectares of lagoon, reef and coral garden.
Presented from Dubai to GCC and international buyers through EGRE's data-led, cross-border advisory platform.
All specifications, imagery and availability remain subject to project and developer confirmation.
Section 01
A branded private residence is a different asset to a hotel villa. Ownership carries a defined legal interest, a defined plot, a defined maintenance framework, and the right to use — and where appropriate rent — the residence within the operating framework of the resort.
Baccarat Hotel & Residences Maldives is set across five interconnected islands in the South Malé Atoll, approximately 40 to 45 minutes by boat from Velana International Airport in Malé. The collection combines beachfront, lagoon and golf-course positioning with the design language of a 260-year-old French luxury house, operated by SH Hotels & Resorts, an affiliate of Starwood Capital Group.
For EGRE's audience — UAE and GCC private buyers, Dubai family offices, MENA investors and our China network — this is best assessed as a lifestyle-led, legacy branded residence. It is not a yield play, and we do not present it as one. Ownership is held on a sub-leasehold (strata) basis with an effective tenure described to buyers as 90+ years; the detail is set out in section 07 below.
Section 02
62 private residences across two-, three- and four-bedroom formats, positioned on the beach, along the lagoon or facing the 9-hole golf course. Pool and built-up-area figures shown in the Phase 1 price list vary slightly from the unit brochure — figures below are approximate and to be confirmed against the current unit brochure.
Two-Bedroom Residence · 22 units
Three-Bedroom Residence · 16 units
Four-Bedroom Residence · 24 units
Phase 1 asking prices · indicative · USD · May 2026
Prices are subject to change without notice. Phase 2 has not yet been released. All figures to be reconfirmed with EGRE before any offer.
Section 03
Three- and four-bedroom golf residence variants are positioned along a 9-hole golf course with an adjoining driving range — an unusual amenity for a Maldivian resort setting, and a distinct point of difference for owners who value course access alongside the beach and lagoon frontage of the wider collection.
Course access is unlimited and complimentary for owners. Golf residence pricing sits at a modest premium to beach positioning at the same bedroom count.
Section 04
The latest project brochure confirms a seven-bedroom private-island mansion of approximately 2,000 sqm across two levels. Configuration and availability remain subject to confirmation.
Consistent features across sources: approximately 2,000 sqm of internal area across two levels, staff accommodation, formal and informal dining, a show kitchen, an approximately 170 sqm wellness area, cinema room, lift, and an approximately 30 metre private lap pool alongside additional pools. Private buggy parking and dedicated staff quarters are included.
Section 05
Brand
Baccarat
French luxury house founded in 1764. Crystal, design and interiors heritage.
Architecture
HKS Architects
Global architecture practice leading the masterplan and residence architecture.
Interior design
1508 London
London-based studio delivering the residence and public-area interiors.
Hotel operator
SH Hotels & Resorts
An affiliate of Starwood Capital Group. Operator of the resort and the discretionary rental programme.
Lighting design by L'Observatoire International · Landscape by Topo Design Studio · Crystal Garden art installation associated with Marcel Wanders.
Section 06
Marina & water
Private marina, boating, surfing, jet skiing, diving, snorkelling, big-game fishing.
Golf & racquets
9-hole golf course, driving range, tennis, padel, squash, badminton, beach volleyball.
Wellness
Spa and wellness centre with hydrotherapy, sauna, steam, treatment rooms.
Arts & culture
~9,000 sq ft art gallery / event space, art studio, Crystal Garden installation.
Family
Kids club, teens club, running trail.
Retail
Beach shop, Baccarat shop, on-island groceries.
Food & beverage
A curated collection of restaurants and bars, including all-day dining, a beach club and the Baccarat crystal champagne & cigar bar.
Access
Free unlimited golf for owners.
Section 07 · EGRE Underwriting View
Data-led · restrained · honest
A luxury brand and an exceptional setting do not remove the need for commercial and legal review. EGRE assesses the residence, plot, contractual structure, ownership costs, usage terms and likely exit market before a buyer proceeds.
Effective tenure
~90+ years
~40-year sub-lease aligned to head lease to 2065, plus pre-agreed 50-year extension (cost included).
Annual service charge
1.5% of price
Including 0.5% sinking fund. Insurance shared with developer per SPA.
Delivery target
Q1 2027
~18–24 month per-residence construction. 2-year structural warranty.
Unit & plot
Confirm position, orientation, exact net internal area, plot boundary, pool size and furniture specification against the latest brochure. Phase 1 price list and unit brochure figures show small discrepancies on pool and BUA — reconcile before offer.
Commercial terms
Payment schedule is 10% on reservation (non-refundable after 30 days), 25% on SPA signing, 20% on foundations, 30% on roofing, 15% on handover. Purchase currencies: USD, EUR, AED, GBP. Prices remain subject to change.
Legal structure
Sub-leasehold (strata) title, not freehold. Head lease runs to 2065 with a pre-agreed 50-year extension option — effective tenure described as 90+ years. If not extended (described by the developer as highly unlikely), the property reverts to the Maldivian government, similar in principle to UK leasehold reversion. This is a material structural point and should be plainly understood.
Operating costs
Annual service charge of 1.5% of purchase price, of which 0.5% is a sinking fund contribution — covering maintenance, security, landscaping and resort amenity access. Building and contents insurance costs shared with the developer per the Sale and Purchase Agreement.
Owner use & rental
Owner use is unrestricted outside a small number of designated peak periods (e.g. late December / early January, Easter) where use is capped as defined in the Sale and Purchase Agreement — exact cap to be confirmed. The rental programme is optional and discretionary, managed by SH Hotels & Resorts. No guaranteed yield. The developer's own marketing projection is approximately 8% p.a. average over 10 years assuming ~42 owner-use days/year — that is the developer's projection, not EGRE's, and not a guarantee. Rental split: 10% management fee off the top, remainder 50/50 between owner and resort owner, paid semi-annually in USD.
Exit
Our source documents do not disclose a specific resale fee, process or timeline. Resale prior to handover is described only as "subject to certain conditions and approval from the developer." Full assignment and resale terms should be confirmed against the Sale and Purchase Agreement and reviewed with EGRE before purchase.
Tax note · Maldives
Capital gains withholding tax of 10% on gross resale price for non-resident sellers (reconcilable against actual gain). Property purchase currently carries 0% GST (stated as subject to change). Rental income carries a 16% local Tourism GST and a 10% withholding tax. No Maldives inheritance tax. EGRE does not provide legal, tax or financial advice and directs buyers to qualified independent advisers on all such matters.
Section 08
EGRE's MENA headquarters is in Dubai, supported by London and a five-office China Practice covering Beijing, Shanghai, Shenzhen, Xi'an and Chengdu. Buyer registration for Baccarat Maldives is coordinated from Dubai, with Mandarin-speaking support available through the China Practice and access to external legal, tax and finance specialists where required.
EGRE acts as a non-exclusive introducing agent for Baccarat Hotel & Residences Maldives. Availability, terms and project materials remain subject to confirmation by the project principal.
01 · MENA HQ
Dubaiدبي
中文 · EN · العربية
02 · UK Practice
London
EN
03 · China Practice
Beijing北京
中文 · EN
04 · China Practice
Shanghai上海
中文 · EN
05 · China Practice
Shenzhen深圳
中文 · EN
06 · China Practice
Xi'an西安
中文 · EN
07 · China Practice
Chengdu成都
中文 · EN
Section 09
Island & amenities
Residences
Mansions
Section 10
Register interest
Complete the form and an EGRE Dubai advisor will follow up with current availability, Phase 1 pricing and a private brochure. Ownership documents are shared on qualified request.
DisclaimerInformation, imagery, dimensions, specifications, availability and terms are provided for general marketing purposes and remain subject to change and confirmation by the project principal. Nothing on this page constitutes an offer, contract, investment recommendation, legal advice, tax advice or financial advice. Prospective purchasers should review the applicable project and transaction documents and obtain independent professional advice. EGRE acts as a non-exclusive introducing agent.
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