Page 55 - SOL Properties PR Report - July 2024
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Fairmont Hotels & Resorts and SOL Properties to debut Fairmont Residences Solara Tower Dubai
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."
About Fairmont
Fairmont Hotels & Resorts is where the intimate equally coexists with the
infinite – an unrivaled portfolio of more than 90 extraordinary hotels where
grand moments of life, heartfelt pleasures and personal milestones are
celebrated and remembered long after any visit. Since 1907, Fairmont has
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