Property developer Seven Tides has launched a new five-year payment plan for Anantara The Palm Dubai Residences in Dubai, UAE.
The plan allows potential residents to buy ready-to-move-in properties with only a 20 percent deposit of the total sales price. Following the deposit, 5 percent will be paid every quarter starting 12 months from the date of initial reservation agreement.
Currently, there are only 160 units left out of 449. They include one- and two- bedroom apartments. The one-bedroom apartments range in size from 1,156 sq ft to 1,560 sq ft and start at Dh2.73 million ($743,000); while two-bedroom apartments range from 1,774 sq ft to 2,248 sq ft are priced from Dh3.99 million ($1.08 million).
Abdulla Bin Sulayem, CEO of Seven Tides, said: “This is an excellent opportunity for people to own a property in the Anantara The Palm Dubai Resort development, which offers Thai-inspired luxury on Palm Jumeirah.”
“These apartments are perfect as a second or holiday homes, where residents can take advantage of the facilities and amenities within the five-star resort, away from the hustle and bustle of the city. We can also assist with a leasing strategy on a long-term basis, or the apartment can be added to the hotel rental management scheme, whereby the unit becomes a part of the hotel inventory and sales are managed by the hotel reservations team,” he added.
The luxury development boasts seven dining venues in the resort, access to Anantara Spa, a gym, temperature-controlled lagoon swimming pools, tennis courts, water sports and kids’ club. In addition to housekeeping, in-room dining, laundry service and childcare.
Bin Sulayem noted: “These apartments are completed. People can move in after making the down payment and enjoy the property, while making the regular payments after 12 months.”