Page 128 - SOL Properties PR Report - September 2024

SOL Properties plans $3.27bln projects in Dubai

7 factors assert recovery in the UAE real estate sector in 2022.
W Capital / Handout via Zawya
REAL ESTATE
SOL Properties plans $3.27bln projects in Dubai

These projects are expected to significantly impact the UAE real estate market, se ng new
standards for luxury and efficiency, while contribu ng to the country’s overall economic growth,
said the company.

Staff Writer, TradeArabia

September 17, 2024

UAE - SOL Proper es, a leading real estate developer in the UAE and the premier real estate development arm of
the Bha a Group, has announced plans to launch a series of high-end projects with an an cipated gross

development value (GDV) of AED12 billion ($3.27 billion) in the next six months.

These projects are expected to significantly impact the UAE real estate market, se ng new standards for luxury
and efficiency, while contribu ng to the country’s overall economic growth, said the company.

The ambi ous expansion builds on the 50-year legacy of the Bha a Group in the UAE. The company is a
pioneering force in Dubai’s property development and construc on sector, driven by the vision of Ajay Bha a,

Chairman of Bha a General Contrac ng, and Founder and CEO of SOL Proper es. The an cipated growth and
recent achievements of SOL Proper es are a testament to Bha a Group’s commitment to architectural
excellence and crea ve ingenuity, it said.

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