Home Business & Finance Seven Tides pushes the boat out at Cityscape with 1% reservation fee

Seven Tides pushes the boat out at Cityscape with 1% reservation fee


DUBAI: Luxury residential and hospitality property developer Seven Tides will launch an exclusive promotion at Cityscape Global (Dubai World Trade Centre, September 11-13) for its much sought-after Anantara The Palm Dubai Residences and DUKES Dubai.

Potential buyers can reserve an apartment at either of the luxury five-star resorts on Palm Jumeirah from the Seven Tides stand at this year’s Cityscape with a 1% deposit. For the first time, the 16th edition of the real estate investment and development event will enable visitors interested in buying UAE property to make purchases on the show floor.

Buyers will also receive a one-night stay with breakfast in the hotel of their choice – Anantara The Palm Dubai Residences or DUKES Dubai.

Abdulla Bin Sulayem, CEO, Seven Tides, said: “Visitors to our stand can capitalise on the attractive price options we are offering and make informed purchasing decisions directly with us at the show.”

Around 76% of the total units at Anantara The Palm Dubai Residences have already been sold. The remaining units consist of one and two-bedroom apartments. The one-bedroom apartments range in size from 1,158 sqft to 1,535 sqft and start at AED 2,730,000; while two-bedroom apartments, 1,732 sqft to 2,850 sqft, are priced from AED 3,990,000.

As well as the initial 1% down payment, buyers of the Anantara The Palm Dubai Residences can also take advantage of an attractive five-year payment plan. They can purchase the ready-to-move-in properties in the luxury development with a deposit of 20% of the total sales price. A further 5% would be paid every quarter thereafter, starting 12 months from the date of the initial reservation agreement.

The properties feature high quality furnishings, parquet flooring, an Opus smart home system, separate air conditioning control, LCD televisions, en-suite master bedrooms with king-size beds, en-suite second bedrooms with twin beds, walk-in wardrobes, fully equipped kitchens, spacious balconies with spectacular views and extended terrace space.

Facilities and amenities include a choice between seven dining experiences in the resort, access to Anantara Spa, shared leisure facilities, such as the gymnasium, temperature-controlled lagoon swimming pools, tennis courts, water sports and kids’ club; plus a al carte services such as housekeeping, in-room dining, laundry service and childcare.

Bin Sulayem said: “This is a perfect opportunity to buy a second, or holiday home and enjoy the facilities and amenities within the five-star resort. These apartments are completed. People can move in immediately after making the down payment and enjoy the property and the resort lifestyle. Quarterly repayments only begin after 12 months.”

At DUKES Dubai, meanwhile, there are just 10 Executive Studios remaining with spectacular views overlooking the Arabian Gulf and the stunning Dubai Marina skyline.

The attractive payment plan, which comes with a developer-backed 10% guaranteed ROI over five years, involves investors paying 10% on reservation and 90% upon signing the Sales & Purchase Agreement (around 30 days after reservation). The Executive Studios are 822 sqft and prices start at AED2.3 million.

Striking features include generously sized living rooms, while the luxury designer furnishings are complemented by thick piled carpets and the latest in technology, including state-of-the-art televisions. Bedrooms feature comfortable beds, walk-in wardrobes and en-suite bathrooms, while kitchens are fully equipped with top-of-the-range appliances.

Owners will have access to all the services, facilities and amenities at the DUKES Dubai hotel, including the DUKES Bar, the Cigar Lounge, Afternoon Tea Lounge, West 14th Steakhouse, the signature Great British Restaurant (GBR) and world renowned Indian restaurant Khyber. There is also the stunning indoor swimming pool and gymnasium, outdoor infinity pool and private beach access.

“With properties in both of these stunning resorts, we can also assist with a leasing strategy on a long-term basis, or the apartment can be added to the hotel rental management schemes, whereby the unit becomes a part of the hotel inventory and sales are managed by the hotel reservations team,” added Bin Sulayem.

Seven Tides’ stand is located in Sheikh Saeed Hall 2, stand no. S2A30. Biz Today Report

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