Page 32 - SOL Properties PR Report - July 2024

Fairmont Hotels and SOL Properties to debut Fairmont Residences Solara Tower Dubai - SaudiGulf Projects
Ajay Bha a, Founder and CEO of SOL Proper es, said: “Alongside the team at Fairmont, we at SOL Proper es are elated to
provide a completely new standard of luxury living in Downtown Dubai. Our goal is to provide residents with exclusive
ameni es and personalised offerings, thereby se ng a new precedent for comfort and convenience for our owners. By
combining Fairmont’s excep onal hospitality and though ul service with our integrated residen al environment and
a en on to quality, this project is certain to offer residents unmatched lifestyle experiences.”

In response to the evolving demands of urban homeowners, the residen al project promises a suite of premium ameni es
and services. Residence owners will have exclusive access to Fairmont’s wide range of integrated ameni es, which 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 con nue bringing the Fairmont experience around the
globe. Drawing on both Accor and Fairmont’s long history and notable exper se in managing luxury branded residen al,
and working with leading developers and partners such as SOL Proper es, we are able to deliver a living experience that is
poised to truly redefine luxury residen al in an already compe ve market such as Dubai, or in other top des na ons
worldwide.”

The project exemplifies the ongoing expansion and appeal of luxury living in Dubai, with the luxury residen al 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 des na on, a rac ng high-net-worth individuals and investors
seeking to diversify their por olios with the city’s strategic loca on and investor-friendly regula ons.

Fairmont Residences Solara Tower Dubai joins a por olio 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 exper se in luxury residen al, Fairmont has another 22 projects in the pipeline.
The project is supported by Accor One Living, an industry-first pla orm focused on the design and opera on of innova ve
mixed-use hospitality solu ons for a new genera on of investors and homeowners.

Jeff Tisdall, Chief Business Officer, Accor One Living, said: “We are very proud to be partnering with SOL Proper es on this
landmark Fairmont branded residence development, a leading example of an exci ng new genera on of standalone private
residences supported by Accor One Living. We are confident the ultra prime loca on, extensive private facili es for
residence owners, and elevated residen al living experience made possible by Fairmont, combined with SOL Proper es’
reputa on for quality and luxury, will be very well received by homeowners.”

https://www.saudigulfprojects.com/2024/07/fairmont-hotels-and-sol-properties-to-debut-fairmont-residences-solara-tower-dubai/#google_vignette 2/2