PropertyIndex

Fairmont Residences Solara Tower

Under Construction · Date not reported|231 units · 1 tower

Fairmont Residences Solara Tower is an under-construction development by S O L PROPERTIES DEVELOPMENT L.L.C in Downtown Dubai, comprising 231 registered units. 162 sales are registered with the Dubai Land Department, at a current PIX© price of AED 3,232 per sqft. At AED 3,232 per sqft, Fairmont Residences Solara Tower prices 3% above the Downtown Dubai median of AED 3,147 per sqft on registered sales.

PIX© price · ↓6.1% YoY
8.68MAED
Typical
3,232AED
PSF
Gross yield
Awaiting handover
PIX© rent ÷ PIX© price
Sale records
162
DLD · all time
Rent contracts
Awaiting handover
Ejari · all time
Exclusive to PropertyIndex©

PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor
Units on floor unknown
…

Land, Fairmont Residences Solara Tower

Size
Record
Jan 2019 to Jul 2022
Owners
3
Tenants
0
Price change
Yield on cost
Sale price by owner
PartyDatePrice / RentAEDPSFvs priorHeldNote
3Owner 320 Jul 20224.3 yrs
Current owner
2Owner 27 Jan 20193.5 yrs
Mortgage
Owner 1 · Undisclosed—Acquisition date and price not on record
PIX© Airbnb Calculator

Your nightly rate and occupancy, against this unit’s registered record.

Land · Fairmont Residences Solara Tower
Occupancy (237 nights)
%
Fees (optional)
%
Management, cleaning, platform fees: a percent of revenue, or a yearly amount.
Enter a nightly rate to test your scenario against this unit’s record.
Fairmont Residences Solara Tower

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoY
PIX© Core
Project-Wide
953 - 19,659 sqft
2318.68M3,232↓6.1%
Residential
1 Bed · Apartment
953 - 1,279 sqft
44
2 Bed · Apartment
1,719 - 2,840 sqft
89
3 Bed · Apartment
2,562 - 3,892 sqft
56
4 Bed · Apartment
3,754 - 5,570 sqft
36
5 Bed · Apartment
8,553 - 19,659 sqft
5---
Commercial
Shop
1,710 sqft
1---
No rental contracts registered - the project has not handed over.
Sales - Project-Wide162 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnit No.BedsPositionSizePricePSFvs Prior SaleTierType
21 Oct 20262 BedFairmont Residences Solara Tower · Floor 122,0502,935,0001,431CompletionEntry LevelOff-Plan Sale
5 Oct 20262 BedFairmont Residences Solara Tower · Floor 492,8409,732,3273,427-StandardOff-Plan Sale
25 Sep 20262 BedFairmont Residences Solara Tower · Floor 131,9781,480,000748-80.0%Entry LevelOff-Plan Sale
Rentals - Project-Wide
PIX© rent analysis
No Ejari rental contracts. Contracts appear once handover occurs and tenancies are registered.

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Downtown Dubai

The closest-priced registered projects in Downtown Dubai.

Common questions about Fairmont Residences Solara Tower

Answered from Dubai Land Department registered transactions.

How much does a property in Fairmont Residences Solara Tower cost?

Property in Fairmont Residences Solara Tower sells at a current PIX© price of AED 3,232 per sqft, or about AED 8,677,489 for a typical unit, based on 162 sales registered with the Dubai Land Department.

When is Fairmont Residences Solara Tower handing over?

Fairmont Residences Solara Tower is under construction in the Dubai Land Department project register. No handover date is on record.

Who is the developer of Fairmont Residences Solara Tower?

Fairmont Residences Solara Tower is developed by S O L PROPERTIES DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

How many units are in Fairmont Residences Solara Tower?

Fairmont Residences Solara Tower holds 231 registered units, per the Dubai Land Department unit register.

Have prices in Fairmont Residences Solara Tower gone up or down?

Price per sqft has fallen -6.1% over the last 12 months, to AED 3,232, across 162 registered sales.