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Seven Tides unveils special Cityscape offers for Dubai projects

DUBAI, September 25, 2018

Luxury residential and hospitality property developer Seven Tides will be launching an exclusive promotion at the upcoming Cityscape Global for three of its development projects in Dubai - SE7EN City JLT, SE7EN Residences The Palm and Anantara The Palm Dubai Residences.

Potential buyers can reserve an apartment at either of the SE7EN brand developments or at the much sought-after five-star resort on Palm Jumeirah with just a Dh25,000 ($6,805) deposit in the Seven Tides stand at this year’s Cityscape expo which runs from October 2 to 4.

Investors of either of the SE7EN products will also receive a one-night stay at Dukes Dubai Hotel, while those who put down a deposit for the Anantara development will receive an overnight stay at Anantara The Palm Dubai Resort.

CEO Abdulla Bin Sulayem said: "Visitors to our stand can make an informed purchasing decision with the help of our experienced team at the show. Not only can they reserve their property, but also take advantage of our several attractive payment plans which involves investors paying 10 per cent on reservation and 90 per cent upon signing the Sales & Purchase Agreement (around 30 days after reservation)."

Seven Tides’ first mixed-use development SE7EN City JLT, valued at Dh1.3 billion, sold out phase one of the project in less than one week. The remaining units consist of studio, one, two and three-bedroom apartments.

Studio apartments start from Dh393,000 ranging in size from 384sqft to 416sqft, while one-bedroom apartments start at Dh760,000 and range in size from a minimum of 739 sq ft to a maximum of 800 sq ft. Prices of two-bedroom apartments start at Dh992,000 and the size is 1,073sq ft. Finally, the entry price for three-bedroom apartments starts at Dh1.40 million and vary in size from 1,516 sq ft to 1,521sq ft.

“SE7EN City JLT has a very attractive easy payment option consisting of a 5 per cent deposit, followed by payments equal to 6 per cent of the cost price, to be paid every subsequent quarter, with a completion date of Q3 2021. We estimate that studios should yield 12 per cent per annum,” said Bin Sulayem.

All apartments come complete with high-end fittings and finishes, presented in a contemporary and techno-trendy fashion, and also feature built-in wardrobes and branded white goods.

At SE7EN Residences The Palm, Seven Tides’ third project on Palm Jumeirah, an attractive payment plan, which comes with a developer-backed 10 per cent guaranteed ROI over five years, is on offer for studio and one-bedroom apartments.

Units are sold unfurnished with high-end fittings and finishes, and are priced at Dh1 million for studios and Dh2 million for one-bedroom apartments.

Construction work on the project started in September last year, with a completion date set for December 2019.
“At SE7EN Residences The Palm, owners can enjoy complete peace of mind knowing that their investment is in the professional hands of the Seven Tides management team,” said Bin Sulayem.

At Anantara The Palm Dubai Residences, meanwhile, around 75 per cent of the total units have already been sold.

The remaining units consist of studio, one and two-bedroom apartments. Studio apartments start from Dh1.2 million, ranging in size from 546 sq ft to 636 sq ft, while one-bedroom apartments start at Dh1.7 million and range in size from 1,158 sq ft to 1,535 sq ft.

Prices of two-bedroom apartments start at Dh2.6 million and range in size from a minimum of 1,765 sq ft to a maximum of 2,054 sq ft, stated Bin Sulayem.

“This is the perfect opportunity to buy a second, or holiday home and enjoy the facilities and amenities within the five-star resort. These apartments are completed, allowing people to move in immediately,” he added.-TradeArabia News Service




Tags: Dubai projects | Seven Tides | Cityscape Global |

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