Page 27 - SOL Properties PR Report - July 2024

Fairmont Hotels & Resorts and SOL Properties to debut Fairmont Residences Solara Tower Dubai | News | Breaking Travel Ne…
include gourmet restaurants, private swimming pool, fitness centre, spa and
wellness centre, offering a resort-like experience within the confines of their own

home.

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, with the luxury residential real estate market projected to grow by more
than 8 percent by 2029. Opening as the premiere luxury real estate in Downtown

Dubai, Faimont Solara Tower reinforces Dubai’s demand as a global destination,

attracting high-net-worth individuals and investors seeking to diversify their
portfolios with the city’s strategic location and investor-friendly regulations.

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

branded residences, each a sanctuary with the luxury of Fairmont and the privacy

of home, from Mayakoba in Mexico, Rabat and Marrakech in Morocco, to Los

Angeles in the USA. Globally renowned for the brand’s expertise in luxury
residential, Fairmont has another 22 projects in the pipeline. The project is

supported by Accor One Living, an industry-first platform focused on the design
and operation of innovative mixed-use hospitality solutions for a new generation

of investors and homeowners.

Jeff Tisdall, Chief Business Officer, Accor One Living, said: “We are very proud to

be partnering with SOL Properties on this landmark Fairmont branded residence

development, a leading example of an exciting new generation of standalone
private residences supported by Accor One Living. We are confident the ultra

prime location, extensive private facilities for residence owners, and elevated

residential living experience made possible by Fairmont, combined with SOL
Properties’ reputation for quality and luxury, will be very well received by

homeowners.”

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