Dubai-based luxury
property developer and holding company Seven Tides has unveiled its newest
upscale project, the DUKES Oceana, Dubai
hotel and residences, located on Palm Jumeirah.
The first international property
for the DUKES Collection brand, whose flagship hotel DUKES London is a popular
destination for GCC travellers, the five-star hotel and adjacent residences are
scheduled to be handed over within quarter one of 2016.
Centrally located on the
trunk of Palm Jumeirah, just 10 minutes’ drive from Dubai Marina and Sheikh
Zayed Road, and only 45 minutes from Dubai International Airport, the resort
and residential community is set to add a distinctly English flavour to the
city’s luxury hospitality offering.
“With this launch we are
bringing quintessential British charm and style to
the UAE and blending it with
cosmopolitan luxury to create a unique residence and hotel situated in the heart of
Dubai’s most desirable island community, Palm Jumeirah,” said Abdulla bin
Sulayem, CEO, Seven Tides.
“The residences will be launched
on Tuesday 14th April 2015 for investors and other guests, with the
show apartments open for viewing,” he added.
The 273-room hotel will offer
world-class leisure and entertainment facilities including a stunning private
beach, indoor pool, and outdoor infinity pool plus state-of-the-art gym, along
with a number of restaurants.
Guests can choose from Great British Restaurant (GBR)
serving modern British brasserie-style cuisine, a traditional fish and chips
café located on the promenade overlooking the Dubai Marina and JBR, top floor Asian restaurant with stunning views over the
palm, DUKES Bar for signature cocktails, the Champagne Lounge for a
traditional afternoon tea or light dining experience, and the al fresco Cigar
and Coffee Lounge.
Pleasure or business, the DUKES
hospitality extends across relaxing leisure opportunities and complete meeting
requirements. The executive lounge, private business suites and conference
rooms have been specifically created to offer tailor-made spaces for gatherings
or celebrations, from intimate cocktail receptions to impressive corporate
events.
The 227 studio and one-bedroom
apartments that comprise the DUKES Oceana, Dubai residences are targeted at the
regional and international investment community, with Seven Tides guaranteeing
a return on investment (ROI) of 10% per annum for the first five years.
“International HNWIs consider
lifestyle appeal as a major criteria when looking to grow their investment
portfolio and Palm Jumeirah fits the bill in every respect. This is further
endorsed by Dubai ’s
longstanding reputation as a globally connected gateway and world-class
commercial hub offering a high standard of living,” said Bin Sulayem.
Sold as fully
furnished freehold residences, the 185 studios and 42 one-bedroom apartments
range in size from 286 to 652 square feet (studios) and 782 to 834-square
feet (one-bedroom apartments).
Generous sized living and bedroom
spaces reflect the elegant DUKES design philosophy and feature luxury designer
furnishings, expansive walk-in wardrobes and elegant en-suite bathrooms
complemented by smart home technology throughout and custom designed kitchens
equipped with the latest domestic appliances.
Prices start from AED 760,000
for a studio, with a one-bedroom commanding up to AED 2.5 million.
Says Bin Sulayem: “Dubai continues to offer value for money even at the top
end of the investment spectrum, especially when it comes to apartment square footage
compared to other major metropolises such as London
or New York .
“Investors will also be able to enjoy
complete peace of mind knowing that their investment is being managed by the
DUKES operations team around-the-clock, and that it’s in professional hands
from day one.”
Residents
will also have full access to the DUKES Oceana, Dubai suite of leisure facilities and support
services.
Established in 2004, Seven Tides
has developed its own portfolio of commercial, residential and resort
properties in some of the world’s most desirable locations. Its award-winning
flagship hotel, DUKES London , is situated
in the fashionable Mayfair district and has
been a hospitality icon in the capital for well over a century.
For more information about DUKES
Oceana, please visit www.dukesoceana.com