Page 86 - SOL Properties PR Report - July 2024

In Downtown Dubai, Fairmont launches a 55-story residential tower - PropertyNews.ae
Khalifa and the exquisite Dubai Fountain.

“We at Sol Properties and Fairmont Hotels & Resorts are elated to provide a completely new

standard of luxury living in Downtown Dubai,” said its Founder and CEO Ajay Bhatia.

“Our goal is to provide residents with exclusive amenities and personalised services, thereby
setting a new precedent for comfort and convenience for end users,” he stated.

“By combining Fairmont’s exceptional hospitality services with our integrated residential
environment and attention to quality, this project is certain to offer residents unmatched lifestyle

experiences,” he added.

In response to the changing needs of urban homeowners, the residential project promises a range
of premium amenities and services.

Fairmont Solara Tower is also unique in Downtown Dubai because it is the only residential tower
that offers private swimming pools in some of its apartments.

Residence owners will also have exclusive access to Fairmont’s extensive integrated amenities,

which include gourmet restaurants, fitness centers, spas, and wellness centers, providing a resort-
like experience in the comfort of their own homes, he stated.

Sami Nasser, Fairmont Global Chief Operating Officer, expressed delight at the addition of a new
branded residence to the 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,” he noted.

The project exemplifies Dubai’s ongoing expansion and appeal for luxury living, particularly given
that the luxury residential real estate market is expected to grow by more than 8% 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,” said Nasser.

Fairmont Residences Solara Tower Dubai joins a portfolio of 16 Fairmont-branded residences, with
22 more in the works, he explained.

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