The 55-storey luxury residential project is
the latest land development in Downtown Dubai offering stunning views of both
the Burj Khalifa and the Dubai Fountain.
DUBAI, UAE, July 5, 2024
/PRNewswire/ - Fairmont Hotels & Resorts, a world-renowned
luxury hotel brand within the Accor group, has partnered with SOL
Properties, a leading developer in the UAE, to launch a standout
private residence development, 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."
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 created magnificent,
meaningful and unforgettable hotels, rich with character and deeply
connected to the history, culture and community of its destinations
– places such as The Plaza in New York
City, The Savoy in London,
Fairmont San Francisco, Fairmont
Banff Springs in Canada, Fairmont
Peace Hotel in Shanghai, and
Fairmont The Palm in Dubai. Famous for its engaging service,
awe-inspiring public spaces, locally inspired cuisine, and iconic
bars and lounges, Fairmont also takes great pride in its pioneering
approach to hospitality and leadership in sustainability and
responsible tourism practices. Fairmont is part of Accor, a world
leading hospitality group counting over 5,600 properties throughout
more than 110 countries, and a participating brand in ALL - Accor
Live Limitless – a lifestyle loyalty program providing access to a
wide variety of rewards, services and experiences.
fairmont.com | all.accor.com | group.accor.com
About SOL Properties
Founded in 1974 under the patronage of the Bhatia Group, SOL
Properties is a distinguished leader in the UAE's real estate
sector, renowned for its luxury property developments. Over the
past 50 years, SOL Properties has delivered over 250 transformative
projects, encompassing exquisite residential developments, iconic
commercial spaces, and luxury hotels. The company's diverse
portfolio includes iconic projects across Dubai, such as Ocean House, Oakley
Square, Hillside Villas, SOL Bay, and hospitality projects like The
Dubai Edition,
Downtown Dubai, and
Radisson Beach Resort, Palm Jumeirah. SOL Properties' dedication to
innovation and excellence shines through in every project, as they
blend creative ingenuity with architectural brilliance to redefine
luxury living and working environments. For more information,
visit www.solproperties.ae
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SOURCE Fairmont Hotels & Resorts