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The Developer Holds A 4 Million Sq. Ft. Land bank For Ultra-Luxury And Affordable Luxury Projects.
SOL Properties, the real estate arm of the Bhatia Group, has announced a significant expansion with projects worth Dh12 billion. These high-end developments will launch over the next six months and will significantly impact the UAE’s real estate market.
Developer’s Expansive Landbank for Ultra-Luxury and Affordable Luxury Projects
SOL Properties has secured 4 million sq. ft. of prime land. The land will support ultra-luxury and affordable luxury projects across crucial locations in the UAE. Two flagship developments include a project on the West Crescent of Palm Jumeirah and the Fairmont Residences Solara Tower in Downtown Dubai. Together, these developments are valued at Dh8.2 billion.
In addition to these prestigious projects, SOL Properties recently completed the Oakley Square Residences in Jumeirah Village Circle (JVC). The affordable luxury project has been entirely sold, further underscoring the developer’s strong presence in the market.
Prime Locations to Meet Evolving Market Demands
SOL Properties’ extensive landbank includes plots in prominent areas. This includes 2 million sq. ft. in Jumeirah Village Circle (JVC) and Jumeirah Village Triangle (JVT) and a 500,000 sq. ft. plot in Abu Kadra. These acquisitions position the company to expand its future projects, catering to the growing demand for high-quality real estate in the UAE.
Ajay Bhatia, Chairman of Bhatia General Contracting and CEO of SOL Properties, emphasized the developer’s commitment to delivering top-tier projects. “At SOL Properties, we go beyond acquiring prime lands. He said that we are dedicated to developing our projects, highlighting our 50-year legacy of trust, excellence, and integrity under the Bhatia Group,” he said.
Over the years, SOL Properties has contributed to the UAE’s growth by delivering projects to government agencies and private clients. “As we aim to exceed the projected GDV, we are excited about our upcoming developments,” Bhatia added.
With a focus on quality and innovation, SOL Properties is well-positioned to meet the market’s changing preferences. Through each project, they strive to uphold their legacy by delivering exceptional value and adhering to the highest standards in the real estate industry.
As SOL Properties continues to grow, their projects will undoubtedly play a significant role in shaping the future of the UAE’s real estate landscape.
