 |
| dukes-dubai |
Developer to showcase Anantara The Palm Dubai
Residences Hotel Rooms project and Brit-themed DUKES Dubai development at
exclusive property showcase; targeting international investors with 10% ROI and
Seven Tides seal of quality guarantee
Dubai-based
luxury property developer Seven Tides, in partnership
with appointed sales agent Asteco, is heading to the UK capital later this
month to showcase its duo of luxury developments on Palm Jumeirah to London’s
investment community at the Dubai Property Show, which will be held at the Olympia
exhibition centre from 13-15 May 2016.
Now in its second year, the 2015 event registered sales in
excess of AED 300 million, and attracted almost 6,000 international high-net
worth investors.
Seven Tides, and Asteco, will be promoting the developer’s
popular Anantara The Palm Dubai Residences Hotel Rooms project on Palm
Jumeirah, with a limited number of exclusive units still available for sale, with
sizes ranging from 530 up to 650 square feet, and a starting price of AED 1.3
million.
“As one of just 35 exhibitors at this highly targeted
event, this is a unique opportunity for Seven Tides to meet HNW investors
face-to-face to showcase our Anantara The Palm Dubai Residences and DUKES Dubai
residential projects. The Palm Jumeirah continues to offer attractive returns as
well as the ultimate upscale island lifestyle; and with hotel-managed rental
options, it’s a fantastic addition to any investor portfolio,” said Abdulla
bin Sulayem, CEO, Seven Tides.
According to bin Sulayem, demand for its Anantara
The Palm Dubai Residences project, and the hotel rooms’ component in
particular, has been high following the company’s recent participation at
Cityscape Abu Dhabi.
“With the choice of either an upmarket second home
or hotel rental managed apartment with 10% guaranteed ROI for three years, this
has resonated with the international investment community and allowed us to
connect with a wider investor base, which, when coupled with the extremely
attractive ROI potential, has fast-tracked interest and sales,” remarked bin
Sulayem.
Seven Tides and Asteco will
also showcase the Anantara The Palm Dubai Residences’ North and South
buildings, comprising of a selection of one-bedroom through to penthouse
options.
A complete lifestyle
experience is included with guests enjoying full access to the hotel’s
exclusive facilities, which include a 4,000-square foot state-of-the-art gym,
107,600-square feet of temperature controlled lagoon swimming pools, six
world-class dining and entertainment venues and the Anantara Spa as well as
housekeeping, at-home dining, laundry and childcare services.
 |
| anantara-residences |
The
second project to be profiled is the under-development British themed DUKES
Dubai, which will be handed over in Q4 2016, and which is already 90% sold.
Ready for immediate rental from handover, investors are
able to quickly realise ROI potential, which will be bolstered by the appeal of
the hotel’s luxury positioning and exceptional facilities.
“DUKES ‘Best of
British’ lifestyle has led demand and we are thrilled to be taking the project
back home to its English roots at the Dubai Property Show. With just a handful
of units remaining, and a starting price of just AED 1.8 million, we fully
expect these hotel-managed studio and one-bed units to be snapped up,” said bin
Sulayem.
Available on an
investment-only basis, the DUKES Dubai collection
of freehold, fully furnished studio and one-bedroom hotel apartments range in size from 376 to 882 square feet and are being marketed
with the added bonus of a developer-backed ROI guarantee of 10% for five years.
As part of the
hotel-managed rental scheme, purchasers are also exempt from service charges, maintenance fees and utility
bills for the first five years.
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.
Seven Tides and Asteco are exhibiting
at the Dubai Property Show on Stand No. D5. For sales enquiries please contact
us on +971 600 54 7773 or email customermanagement@asteco.com.
About Asteco:
Asteco, a major regional and
international real estate services firm and the largest property services
company in the United Arab Emirates, was founded in Dubai in 1985. Asteco offers independent market analysis,
design development consultancy and valuation services, sales and leasing
services, as well as asset and property management services.
About Seven Tides
International:
Based in Dubai, the United Arab Emirates, privately owned
Seven Tides is an internationally oriented holding company established in 2004.
Currently focusing on hospitality and real estate sectors, Seven Tides thinks
progressively, works creatively, partners strategically and acts quickly. The
result is a current portfolio of offerings from landmark hospitality
acquisitions and commercial buildings to residential towers and multi-use
complexes in the gateway cities of London and Dubai.
