Page 112 - SOL Properties PR Report - September 2024
P. 112
SOL Properties announces
upcoming projects worth Dh12
billion
Developer has a landbank of 4 million sq. ft. for ultra-luxury and affordable luxury projects
Published: Tue 17 Sep 2024, 6:03 PM
Updated: Tue 17 Sep 2024, 6:03 PM
An artist's impression of the Fairmont Residences Solara Tower to come up in Down town Dubai.
SOL Properties, a leading real estate developer in the UAE and the real estate
development arm of the Bhatia Group, announced the launch of a series of high-end
projects with an anticipated Gross Development Value (GDV) of Dh12 billion in the
next six months. These projects are expected to significantly impact the UAE real
estate market.
SOL Properties has acquired 4 million sq. ft. of prime land for ultra-luxury projects
and affordable luxury projects. The ultra-luxury developments include a new project
in the West Crescent of Palm Jumeirah and the Fairmont Residences Solara Tower
Downtown Dubai. Combined, these two projects are valued at Dh8.2 billion.
Moreover, SOL Properties recently completed and handed over the affordable luxury
project, Oakley Square Residences in JVC, which has been fully sold.
Khaleejtimes.com
