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Solara Tower in Downtown Dubai - Dubai residental property project

Cap rates, sales prices, rents and deal volumes



Sales prices for off-plan (pre registration and delayed sell) properties in Solara Tower

RoomsSize, sqmSale price, AED/sqmSale price, AED
19243,1443,990,000
220335,9617,314,983
324942,27710,517,653
438550,62219,464,760

The price of an apartment in Solara Tower is 40,878 AED/sqm on average.

Price for off-plan 1 bedroom apartment in Solara Tower is 3,990,000 AED or 43,144 AED/sqm.
Price for off-plan 2 bedroom apartment in Solara Tower is 7,314,983 AED or 35,961 AED/sqm.
Price for off-plan 3 bedroom apartment in Solara Tower is 10,517,653 AED or 42,277 AED/sqm.
Price for off-plan 4 bedroom apartment in Solara Tower is 19,464,760 AED or 50,622 AED/sqm.

About Solara Tower

'Solara Tower' in 'Downtown Dubai' area project description

Fairmont Residences Solara Tower Dubai is a 55-storey luxury residential development in Downtown Dubai, developed through a partnership between SOL Properties and Fairmont Hotels & Resorts, a world-renowned luxury brand under the Accor group.

Construction Timeline
Construction commenced in 2024 and is scheduled for completion by Q3 2027.

Developer and Design
SOL Properties, a leading UAE developer specializing in luxury real estate, partnered with Fairmont Hotels & Resorts to establish new benchmarks in upscale urban living. The project combines Fairmont's distinguished brand standards and global reputation in luxury hospitality with SOL Properties' expertise in luxury residential development. Advanced software and hardware technologies streamline design, planning, and coordination while maintaining sustainable standards.

Architecture and Layout
The tower features meticulously designed spaces blending elegance and timeless opulence. Residences offer a wide array of spacious layouts with custom amenities. Notable offerings include a 20,000-square-foot triplex sky mansion featuring five bedrooms, two infinity pools, and Italian marble flooring. All units feature expansive terraces offering breathtaking views of the Burj Khalifa and the Dubai Fountain.

Amenities
Residents enjoy exclusive access to Fairmont's integrated amenities, creating a resort-like experience within their homes. These include gourmet restaurants, private swimming pool, fitness centre, spa and wellness centre. The project implements cutting-edge smart energy management systems and water-efficient fixtures, reflecting strong green building standards and eco-friendly practices.

Location
The tower is situated in Downtown Dubai, the city's premier business and residential district. Downtown Dubai is centrally located near major landmarks and attractions. The nearest beach access is via Jumeirah Beach, approximately 8-10 kilometers away, accessible by car in roughly 15-20 minutes depending on traffic conditions.

Surrounding Area
Downtown Dubai is home to iconic developments including the Burj Khalifa, Dubai Mall, and various luxury residential and commercial projects. The area continues to experience significant real estate growth and attracts high-net-worth individuals and international investors.

Market Context
The project reinforces Dubai's position as a global destination for luxury living. The luxury residential real estate market in Dubai is projected to grow by more than 8 percent by 2029. Fairmont Residences Solara Tower joins a global portfolio of 16 Fairmont-branded residences across locations including Mexico, Morocco, and the USA, with 22 additional projects in the pipeline worldwide.



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