Page 34 - SOL Properties PR Report - July 2024

Fairmont Hotels, SOL Properties to Launch Fairmont Residences Solara Tower
Sami Nasser, Global Chief Operating Officer at Fairmont

In response to the evolving demands of urban homeowners, the residential project promises a suite of premium
amenities and services. Additionally, Fairmont Solara Tower stands out in Downtown Dubai as the only residential
tower providing a private swimming pool in selected apartments. Residence owners will also have exclusive access
to Fairmont’s wide range of integrated amenities, 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 Operating Officer at Fairmont, commented: “We are delighted to add a new branded
residence to our Fairmont portfolio. We are confident that our expertise in the field of luxury hospitality combined with
our pioneer approach to residential 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 luxury
residential real estate market projected to grow by more than 8 per cent by 2029. Additionally, 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.

https://www.remtimes.com/blogs/real-estate-news/fairmont-hotels,-sol-properties-to-launch-fairmont-residences-solara-tower-.php 2/2