Properties Business: to invest billion in these projects Now

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Properties Business: to invest billion in these projects Now

In the next six months, a number of high-end projects with an estimated Gross Development Value (GDV) of Dh12 billion will be launched by SOL Properties, a prominent real estate developer in the United Arab Emirates and the real estate development division of the Bhatia Group.

The UAE real estate market is anticipated to be greatly impacted by these projects.

4 million square feet of prime land have been purchased by SOL Properties for use in both ultra-luxury and reasonably priced luxury buildings.

The Fairmont Residences Solara Tower Downtown Dubai and a planned project on Palm Jumeirah’s West Crescent are two examples of the ultra-luxury developments.

The total estimated value of these two projects is Dh8.2 billion.

The developer’s landbank consists of 500,000 square feet in Abu Karda and 2 million square feet in thriving districts like Jumeirah Village Triangle (JVT) and Jumeirah Village Circle (JVC) spread around the nation.

With these acquisitions, SOL Properties is better positioned to address changing customer expectations and market trends, develop larger projects in the future, and increase their footprint in the most sought-after areas in the United Arab Emirates.

At SOL Properties, our real estate development strategies go beyond acquiring prime lands as we seek to develop our own projects, which further underscores our 50-year-long legacy of trust, excellence, and integrity under Bhatia Group,” stated Ajay Bhatia, Chairman of Bhatia General Contracting and Founder and CEO of SOL Properties.

We have followed the United Arab Emirates’ development throughout the years, contributing to its progress as we have watched it expand.

Our projects, which we have built for both government organizations and private clients, are a reflection of our legacy—the years’ worth of hard work put in by our team of professionals.

We’re excited about our next projects and ambitions as we work to surpass the estimated GDV and match our goals with a sector that is changing and changing market preferences.

By upholding the highest quality and innovative standards in every project, we aim to uphold our strong legacy in the industry and continue to provide excellent value to the nation.

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