Page 112 - SOL Properties PR Report - July 2024

Fairmont Hotels & Resorts And SOL Properties To launch Fairmont Residences Solara Tower Dubai
experience made possible by Fairmont, combined with SOL Properties’ reputation for

quality and luxury, will be very well received by homeowners.”

Omer Acar, CEO for Fairmont, commented: “We are delighted to continue bringing the
Fairmont experience around the globe. Drawing on both Accor and Fairmont’s long

history and notable expertise in managing luxury branded residential, and working with

leading developers and partners such as SOL Properties, we are able to deliver a living
experience that is poised to truly redefine luxury residential in an already competitive

market such as Dubai, or in other top destinations worldwide.”

The project exemplifies the ongoing expansion and appeal of luxury living in Dubai,

especially with the luxury residential real estate market projected to grow by more than

8 per cent by 2029. Additonally, the project will redefine the concept of luxury
residences with Dubai’s strategic location and investor-friendly regulations, which attract

high-net-worth individuals and investors seeking to diversify their portfolios.

Fairmont Residences Solara Tower Dubai joins a portfolio of 16 Fairmont-branded

residences, along with 22 projects in the pipeline.

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