Page 120 - SOL Properties PR Report - July 2024

Fairmont Hotels & Resorts And SOL Properties To Launch Fairmont Residences Solara Tower Dubai | Dubai Hotels Guide
to Fairmont’s wide range of integrated ameni es, which include gourmet restaurants, fitness centres, spas and
wellness centres, offering a resort-like experience within the confines of their own home.

Sami Nasser, Global Chief Opera ng Officer at Fairmont, commented: “We are delightedto add a new branded
residence to our Fairmont por olio. We are confident that our exper se in the field of luxury hospitality combined
with our pioneer approach to residen al projects will allow us to redefine the landscape of luxury residences in
Dubai and the broader region.”

The project exemplifies the ongoing expansion and appeal of luxury living in Dubai, especially with the
luxuryresiden al real estate marketprojected to grow by more than 8 per cent by 2029. Additonally, the project will
redefine the concept of luxury residences with Dubai’s strategic loca on and investor-friendly regula ons,which
a ract high-net-worth individuals and investors seeking to diversify their por olios.

Fairmont Residences Solara Tower Dubai joins a por olio of 16 Fairmont-branded residences, along with 22
projects in the pipeline.

https://www.dubaihotelsguide.com/fairmont-hotels-resorts-and-sol-properties-to-launch-fairmont-residences-solara-tower-dubai/ 2/2