Fairmont Residences Solara
1 BR · Apartment
Where it is
The pin is placed by district — I send the exact address on request.
Downtown Dubai
The Burj Khalifa district — the most recognisable address in the emirate and the densest piece of it.
- short-let income
- a landmark address
- fast resale
What to check: The service charge here is among the highest in Dubai and in older towers it has climbed faster than rent. Calculate your yield after the charge, not before, and ask for three years of charge history before making an offer.
Full district guide →Questions and answers about lot NP1-574933
How much is this 1-bedroom apartment in Fairmont Residences Solara?
Lot NP1-574933 is priced at AED 2 750 000, about $749 000. The listing does not state a size, so no price per square foot is given.
How much has the price of this lot been cut?
The price before the cut was AED 3 325 000; it is now AED 2 750 000 — AED 575 000 less, or 17%.
What are prices like in Downtown Dubai?
The database holds 182 lots in Downtown Dubai, starting from AED 1 300 000. The area median is AED 3 557 per sq ft. This lot's size is not stated, so its price per sq ft cannot be compared with the area. 35 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.
Downtown Dubai area guide →Is the property ready or still under construction?
The handover date in the listing is Q2 2030. Until then payments follow the developer's payment plan. The date comes from the seller and is checked against the sale agreement before a deal.
Can I get a mortgage on this lot while it is still under construction?
During construction the buyer pays the developer under the payment plan — UAE banks grant standard mortgages on ready homes. A loan is possible for the final payment, once the property has its completion certificate.
Mortgage for the final payment →What costs come on top of the price?
The main one is the Dubai Land Department registration fee: 4% of the price, AED 110 000 for this lot. With a mortgage the bank charges for processing and valuation, and the mortgage is registered for a separate fee. I will send the full calculation for this lot on request.
Does buying this lot qualify for a UAE residence visa?
On price, yes: the 10-year Golden Visa is granted for property from AED 2 000 000, and this lot is priced at AED 2 750 000. The threshold is measured by the Dubai Land Department valuation, not the contract, and only freehold qualifies.
Golden Visa and residence visas →How do I view the property and get the exact address?
Lots in the database are anonymised: the unit number, exact address and owner's details are not published. Send the lot code NP1-574933 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
Video: Fairmont Residences Solara
Reviews from the English YouTube channel — each one with a written breakdown on this site.
Nearby in Downtown Dubai
Ask a question
Telegram is the fastest way — I answer personally.
Message on Telegram