Page 46 - SOL Properties PR Report - July 2024

SOL Properties to debut Fairmont Residences Solara Tower Dubai - How to Watch Abroad
Fairmont Residences Solara Tower Dubai. Redefining luxury real estate in Downtown Dubai, the project is
currently underway and is scheduled for completion by Q3 of 2027.

Fairmont Residences Solara Tower Dubai combines Fairmont’s distinguished brand standards and global
reputation in luxury hospitality with SOL Properties’ vast expertise in luxury real estate to establish new
benchmarks in upscale urban living. The development will include meticulously designed spaces, blending
elegance and timeless opulence. With a wide array of spacious layouts and custom amenities, these
residences represent the pinnacle of luxury lifestyle for today and tomorrow, with expansive terraces
offering breathtaking views of the Burj Khalifa and the exquisite Dubai Fountain.

Ajay Bhatia, Founder and CEO of SOL Properties, said: “Alongside the team at Fairmont, we at SOL
Properties are elated to provide a completely new standard of luxury living in Downtown Dubai. Our goal
is to provide residents with exclusive amenities and personalised offerings, thereby setting a new
precedent for comfort and convenience for our owners. By combining Fairmont’s exceptional hospitality
and thoughtful service with our integrated residential environment and attention to quality, this project is
certain to offer residents unmatched lifestyle experiences.”

In response to the evolving demands of urban homeowners, the residential project promises a suite of
premium amenities and services. Residence owners will have exclusive access to Fairmont’s wide range of
integrated amenities, 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 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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