Page 144 - SOL Properties PR Report - September 2024

PRESSR: SOL Properties announces upcoming projects with anticipated AED 12bln GDV — TradingView News
and the prestigious Fairmont Residences Solara Tower Downtown Dubai.

Combined, these two projects are valued at AED 8.2 billion.

Moreover, SOL Properties recently completed and handed over the
affordable luxury project, Oakley Square Residences in JVC, which has

been fully sold. The project’s successful completion underscores the

developer’s unwavering commitment to delivering high-quality residences

that align with market demand.

The developer’s landbank includes plots across major locations in the

country with 2 million sq. ft. in flourishing areas such as Jumeirah Village

Circle (JVC), Jumeirah Village Triangle (JVT), along with a 500,000 sq. ft.
plot in Abu Kadra. These purchases boost SOL Properties’ potential to build

more significant projects in the future and expand their presence in the

UAE’s most sought-after locations while meeting the evolving market

trends and consumer demands.

Ajay Bhatia said: “At SOL Properties, our real estate development

strategies go beyond acquiring prime lands as we seek to develop our own

projects, which further underscores our 50-year-long legacy of trust,
excellence and integrity under Bhatia Group. Over the years, we have

closely witnessed the UAE’s growth and have progressed along with the

country by contributing towards its development. Our legacy, which is the

hard work of our team of experts over the years, is reflected through our

projects developed for both government agencies and private clients. As
we strive to exceed the projected GDV and align our objectives with an

evolving sector and changing market preferences, we are excited about

our forthcoming projects and plans. Through each project, we seek to

uphold our longstanding legacy in the industry by adhering to the highest

quality and innovative standards, further delivering exceptional value to
the country.”

With a portfolio of over 250 transformative projects, Bhatia Group has
secured a distinguished position in the industry for its project planning and

construction, environmental impact assessment, design and safety

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