SOL Levante: Dubaiโs AED 1 Billion Hub for Luxury Living
The real estate market in Dubai is still on a fast upward trend and Jumeirah Village Triangle (JVT) has a landmark that embodies this growth. SOL Levante is a bold new mixed-use development in Dubai by SOL Properties which will see a staggering AED 1 billion (USD 272 million) investment in the core of New Dubai. This U-shaped tower is due to be completed in Q3 2028 and will consist of 600 residential units, 100,000 sq. ft. of Grade-A office space, and 50 000 sq. ft. of retail space; it is one of the most ambitious property developments in Dubai this year.
Project Overview: A New Mixed-Use Landmark in JVT
SOL Levante is the newest project of SOL Properties which is the real estate division of Bhatia Group and a developer with a long history in the construction and development industry of the UAE. Planned to provide an all-inclusive lifestyle and working experience, the project is located in the ever-popular community of Jumeirah Village Triangle (JVT) , a family-friendly and well-connected neighbourhood.
- Residential Units: 600 units of studios to 3 bedroom apartments
- Office Space: Grade A workspace 4 floors (100,000 sq. ft.)
- Retail Stores: Located in 50,000 sq. ft.
- Design: U-shaped building that accommodates a lot of natural light
- Finishing Date: Q3 2028
It is a combination of luxury residential towers, office infrastructure and retail curation that forms a vibrant self-contained vertical community perfect for the cosmopolitan professionals and families in Dubai.
Investment and Scale: $272M Development Unveiled
The size of SOL Levante alone points to something bigger than architectural ambition. With AED 1 billion investment, it is a good indicator of trust within the Dubai real estate market, especially the suburban mid-to-high-end communities, such as JVT. Ajay Bhatia, the CEO of SOL Properties, believes that the rental returns on investments would be as high as 9 percent each year, which is quite competitive in the maturing residential rental sector of Dubai.
The breakdown of investments in the project is as shown below:
| Project Element | Details |
|---|---|
| Total Investment | AED 1 billion (USD 272 million) |
| Residential Units | 600 (Studios to 3-BRs) |
| Starting Price (Studio) | AED 736,000 (~USD 200,381) |
| Grade A Office Space | 100,000 sq. ft. |
| Retail Space | 50,000 sq. ft. |
| Completion Date | Q3 2028 |
| Estimated ROI | Up to 9% annually |
The mix of this kind of assets (residential, commercial, and retail) makes SOL Levante a wise bet in terms of diversified investment portfolios.
Features and Amenities: Redefining Urban Living
The luxury real estate in Dubai that was once concerned with location and square footage is now being asked to deliver curated lifestyle experiences by buyers. SOL Levante gives this by the truckloads.
- High-end Amenities: Heated adult and children pools
- Fitness Options: Fitness areas in the outdoors and indoors
- Sports and Leisure: Padel tennis court
- Entertainment: BBQ and outdoor cinemas
- Relaxation: Jacuzzi and mini-golf course
- Pets and Nature: Pet park and sunken gardens
- Kidsโ Zone: Indoor playroom of children
- Work and Social: Event rooms and co-working spaces
All the features of the design support indoor-outdoor living and encourage wellness, leisure, and socialization. This development fits the bill whether you are a remote working professional, a young family or a retail entrepreneur.
Impact on JVT: Boosting Community and Economy
Jumeirah Village Triangle has grown at a very fast pace over the last few years and has been changing into an active suburbs center. The commissioning of SOL Levante will spur on additional development by:
- Retail and Footfall: Enhancing the number of people walking around the retail and commercial use
- Property Value: Increasing the value of the neighboring plots
- Job Creation: Creation of jobs through office and retail activities
- Public Services: Improving the demand of schools, healthcare and transportation
The closeness to Al Maktoum International Airport, and linkage to future Blue and Purple Metro lines also strengthens connectivity of JVTโmaking it an appealing destination of property investment in Dubai.
