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In Downtown Dubai, Fairmont launches a 55-story residential tower

July 3, 2024
in Dubai, New Development, Reports and Updates, UAE
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Fairmont Hotels & Resorts, a world-leading luxury hotel brand within the Accor group, announced a collaboration with UAE-based developer Sol Properties to launch a premium residential development in Downtown Dubai, redefining luxury real estate.

Fairmont Residences Solara Tower, a premium 55-story housing project, is the latest land development in Downtown Dubai and offers stunning views of both the Burj Khalifa and the Dubai Fountain.

The project is currently underway and is expected to be completed by the third quarter of 2027.

The property combines Fairmont’s distinguished brand standards in the realm of luxury hospitality with Sol Properties’ extensive experience in luxury real estate to set new standards for urban living.

The development will feature meticulously designed spaces with a mix of elegance and timeless opulence.

With a variety of spacious layouts and cutting-edge amenities, these residences are the pinnacle of a new-age lifestyle, complete with expansive terraces offering breathtaking views of the Burj 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.

Tags: Downtown DubaiDubaiFairmontReal EstateResidential TowerResidential Tower in DubaiUAE

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