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Downtown Dubai

FAIRMONT RESIDENCES SOLARA TOWER

1 BR · Apartment

What the seller states

Floor
(14-19)
View
Canal

Payment plan

Payment plan for the unit

About the building

56-storey residential building in Downtown Dubai. Developer — SOL Properties Development.

What the building has

  • Swimming pool

Where it is

The pin is placed by project — accurate to the development, not the door.

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 NP2-596341

How much is this 1-bedroom apartment in FAIRMONT RESIDENCES SOLARA TOWER?

Lot NP2-596341 is priced at AED 2 750 000, about $749 000. The size is 1 031 sq ft (96 m²), which works out at AED 2 667 per sq ft.

How much has the price of this lot been cut?

The price before the cut was AED 3 323 840; it is now AED 2 750 000 — AED 573 840 less, or 17%.

Is this expensive or cheap for Downtown Dubai?

The database holds 213 lots in Downtown Dubai, starting from AED 1 300 000. The area median is AED 3 625 per sq ft; this lot, at AED 2 667, is 26% below it. 40 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 Q4 2027. 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 →

What is known about FAIRMONT RESIDENCES SOLARA TOWER?

The building has 56 floors and 246 units. The developer is SOL Properties Development. Figures are from the project passport: Propsearch and the Dubai Land Department.

FAIRMONT RESIDENCES SOLARA TOWER project page →

What does the seller say about the property itself?

From the listing: floor — (14-19); view — Canal. The seller's wording is quoted as is.

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 NP2-596341 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.

Video

Video: FAIRMONT RESIDENCES SOLARA TOWER

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