Sofitel Residences Dubai By Azha Development In Downtown Dubai, Dubai

Sofitel Residences Dubai by Azha Development

Nestled in the thriving Downtown Dubai, Sofitel Residences Dubai is a branded 70-storey complex by Azha Development in collaboration with the world-renowned Accor group. It offers just 70 meticulously crafted residences, namely 64 one-three bedroom apartments and 6 four-five bedroom penthouses.

Besides regular living spaces, all properties in Sofitel Residences Dubai will boast powder rooms, whilst exclusive penthouses will come with staff rooms and studies. Designed to perfection, the residences will have high-end furniture, appliances and fittings by luxury brands, including Gessi, Flos, Minotti, B&B, Aromas, Lutron, Miele, Gaggenau, etc.

Occupants of Sofitel Residences Dubai will be treated to a myriad of unrivaled 5-star amenities, such as fitness centers, an immersive cinema room, Le Petit Residents Area, Resident’s Lounge, and more.

Also, you will be presented with a selection of exclusive luxury services tailored to enhance your living experience. Core services will encompass residence concierge, 24/7 security, and doormen, whilst among a la carte offerings will be in-residence maintenance, private transportation services, dry cleaning & laundry, dog walking service, on-site childcare service, personal shopper & assistant, and more.

About Location
Downtown Dubai in Dubai

Fairmont Residences Solara Tower Dubai is located in the heart of the emirate, offering seamless access to Dubai’s iconic landmarks. Its prime location near Sheikh Zayed Road enhances its connectivity.

Just steps away, discover the allure of Dubai Mall, Burj Khalifa, Dubai Fountain, and Dubai Opera—symbols of the city’s vibrant culture. Nearby, Address Downtown Dubai and Dubai Edition hotels welcome guests with exceptional hospitality and world-class dining.

The journey to Dubai’s bustling business hubs, including Business Bay and Dubai International Financial Centre (DIFC), as well as Dubai International Airport, is remarkably efficient, taking less than 15 minutes. Equally accessible are the city’s renowned destinations such as Dubai Design District, Museum of the Future, Jumeirah Beach, Kite Beach, Dubai Marina, and Palm Jumeirah, ensuring a rich tapestry of experiences.

Fairmont Residences Solara Tower Dubai also offers exclusive optional services, including in-residence dining, a personal chef, event planning, personal training, massage therapy, pet care, nutrition consultations, and wellness advisory, among others.

Additionally, owning property at Fairmont Residences Solara Tower Dubai grants you membership in Accor’s Ownership Benefits Program. This includes Accor Live Limitless Gold status, VIP reservation services, automatic upgrades upon arrival at over 5,500 hotels and resorts, a 20% discount on the best available rates worldwide, and much more.

Frequently Asked Questions & Answers

According to Mercer’s survey 2024 Cost of Living City Ranking, Dubai still ranks in 15th position making it one of the appealing choices for real estate investors or buyers. According to the ideal estimation, the average cost of living in Dubai for an individual is between AED 5K to AED 5.5k monthly. Further, with a family of an average of four persons, one has to pay around AED 17K a month.

As a resident of UAE, you have to renew your driving license every 5 years. However, being a UAE or GCC national will increase this duration of renewal to 10 years. The process of license renewal is exceptionally easy as you can do this online via the RTA website, RTA smart App, Dubai Driving App or through self-service machines at any of the available Customer Happiness Centres. Additionally, it is significant for you to settle any of the traffic fines before the renewal. Besides, if you are under 21 you only need a valid Emirates ID. On the other hand, individuals above 21 age have to show an eye test certificate. The fee amount of this is AED 120 (USD 32) for customers younger than 21 and AED 320 (USD 87) for the driver above the age of 21. After applying for renewal you will get a temporary driving license. The time it will take for the renewal is between 5-15 days

You can sell your property in Dubai in just seven simple steps; Selecting a reputable real estate agent or agency, filling out forms A and B, Advertising your property for sale, setting the right price, signing Form F, Obtaining NOC, and finally transferring Ownership. These steps may vary, therefore, it is significant to take a property guide before selling your property asset.

There are various reasons why it is highly positive to invest in real estate in Dubai. One of the major reasons that make Dubai real estate attractive is the comparatively low prices of Emirates than Europe, America and Asia. Furthermore, investment in Dubai real estate is one of the major reasons in terms of reducing inflation. This is because there is a direct relation between the economic indicators and the demand for real estate. Another benefit of investing in Dubai real estate is a 3-year investor visa which you can obtain after purchasing ready-to-move property for a minimum amount of AED 750K (USH 205K), or a 5-year investor visa on opting for a ready-to-move residence for the initial cost of AED 2M (USD 545K). As a visa holder, you can bring your spouse and children to the UAE conveniently. Finally, the rental property in Dubai can generate an upto-staggering ROI of 8-10%, which is exceptionally impressive.

Many individuals wonder if foreigners can invest or buy property in Dubai and whether it can be considered a good long-term investment. The answer is yes, non-resident investors, expats, and foreign nationals in Dubai can own property on a freehold basis. This simply means that individuals can lease, buy or sell their property. Besides foreigners can buy property in Dubai for various lengths of time including freehold property, leasehold for up to 99 years or common hold with no age restrictions.

Dubai real estate is dynamic as well as comes in various price ranges from affordable property options to luxury real estate. The price of the residence is generally influenced by the location. On the other hand, the least expensive areas to buy apartments in the Emirates include Dubai Production City and International City. On the other hand, a few of the districts including NASHAMA Town Square and Serena offer low-cost exquisite living.

Dubai real estate offers plenty of property options, which you can opt for on an affordable budget. As of 2024, a few of the top affordable communities to invest in for beginners are Jumeirah Village Circle (JVC), International City, Dubai South and Dubai Investment Park.

In the bustling metropolis of Dubai, a shining Emirates of the UAE residents are allowed to buy properties in the designated freehold areas, Off-plan development, is highly appealing as their prices are exceptionally low and the developers offer attractive payment plans.

If you are a foreigner, you can acquire freehold ownership without any restriction whether it is a freehold property contract, off-plan property or a lease up to 99 years with no Visa required. Besides this, primarily you have two choices to invest in Dubai real estate either to invest in off-plan property or ready-to-move property.

The start with, the investment property market of Dubai offers high rental yields as compared to other stable real estate markets the ROI in Dubai is much higher that is up to 10% making it one of the highly appealing locations to invest. Additionally, the residences have world-class infrastructure, you can experience high-end living and economic stability all at once.

Off-plan properties in Dubai are the development projects that are under construction. In recent times, the interest of buyers in off-plan properties in Dubai has drastically increased. As per the news report by Arabia Business, in 2024 in July off-plan properties in Dubai, these properties accounted for 60% of property transactions which is a 49% increase from the previous year of 2023.

The process of buying an off-plan property in Dubai is exceptionally easy. As Dubai's real estate market is open for any of the buyers, the only things you will require are a Visa/Emirates ID and a passport copy.

Obtaining citizenship in the United Arab Emirates is easy and does not require a complex process. There are various neutralization methods including residency, marriage, merit, investment, Arabic proficiency and good reputation.

Purchasing a property in Dubai will grant you numerous positive outcomes from high rental yields of up to 10%, to unmatched amenities from exclusive and strategic locations to attractive opportunities to invest.

As the rule of residence, was implemented in 2019 that is UAE’s Golden Visa system offers long-term residence visas. This visa is automatically renewed on the condition that all the rules are adhered to. This visa is issued for the duration of 5 or 10 years.

Although the minimum investment amount required in Dubai depends on various factors the range may start from a few thousand AED to millions of AED. However, on average or according to the rough estimate the minimum investment amount in Dubai ranges from AED 10K to AED 50K.