New Luxury Landmark: Fairmont Residences Solara Tower Dubai by Fairmont and SOL Properties – Travel And Tour World

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Saturday, July 6, 2024

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Fairmont Hotels & Resorts, a renowned luxury hotel brand under the Accor group, has teamed up with SOL Properties, a prominent UAE developer, to launch Fairmont Residences Solara Tower Dubai. This private residence development aims to redefine luxury real estate in Downtown Dubai and is set for completion by Q3 2027.

Fairmont Residences Solara Tower Dubai blends Fairmont’s high standards and global luxury hospitality reputation with SOL Properties’ expertise in luxury real estate, setting new benchmarks for upscale urban living. The development features meticulously designed spaces that combine elegance with timeless opulence. Offering a variety of spacious layouts and custom amenities, these residences epitomize luxury living, complete with expansive terraces showcasing breathtaking views of the Burj Khalifa and the Dubai Fountain.

Ajay Bhatia, Founder and CEO of SOL Properties, expressed excitement about the partnership, stating, “Alongside Fairmont, we are thrilled to introduce a new standard of luxury living in Downtown Dubai. Our aim is to provide residents with exclusive amenities and personalized offerings, setting a new precedent for comfort and convenience. By merging Fairmont’s exceptional hospitality and thoughtful service with our quality-driven residential environment, this project promises unmatched lifestyle experiences.”

Addressing the evolving needs of urban homeowners, the residential project offers a suite of premium amenities and services. Residence owners will have exclusive access to Fairmont’s integrated amenities, including gourmet restaurants, a private swimming pool, fitness center, and a spa and wellness center, creating a resort-like experience at home.

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Omer Acar, CEO of Fairmont, remarked, “We are excited to extend the Fairmont experience globally. With Accor and Fairmont’s extensive history and expertise in managing luxury branded residences, and through partnerships with leading developers like SOL Properties, we deliver a living experience that redefines luxury residential in competitive markets like Dubai and other top destinations worldwide.”

The project highlights the ongoing growth and appeal of luxury living in Dubai, with the luxury residential real estate market expected to grow by over 8 percent by 2029. Positioned as a premier luxury real estate offering in Downtown Dubai, Fairmont Solara Tower reinforces Dubai’s status as a global destination, attracting high-net-worth individuals and investors keen on diversifying their portfolios in a city known for its strategic location and investor-friendly regulations.

Fairmont Residences Solara Tower Dubai joins a portfolio of 16 Fairmont-branded residences worldwide, from Mayakoba in Mexico to Rabat and Marrakech in Morocco, and Los Angeles in the USA. Fairmont’s expertise in luxury residential developments is further evidenced by 22 upcoming projects. This initiative is supported by Accor One Living, an industry-first platform focused on designing and operating innovative mixed-use hospitality solutions for modern investors and homeowners.

Jeff Tisdall, Chief Business Officer of Accor One Living, commented, “We are proud to partner with SOL Properties on this landmark Fairmont branded residence development. This project exemplifies the new generation of standalone private residences supported by Accor One Living. We are confident that the prime location, extensive private facilities for residence owners, and the elevated living experience provided by Fairmont, combined with SOL Properties’ reputation for quality and luxury, will be highly appreciated by homeowners.”

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