Residential, hospitality and commercial property developer Seven Tides is set to launch SE7EN Residences The Palm at the upcoming Cityscape Global in Dubai.
Located on the trunk of Palm Jumeirah, SE7EN Residences The Palm is next to Seven Tides’ second development on the Palm, Dukes Dubai. The 14-storey two-tower residential development features 1,066 units including studios, one-, two-, and three-bedroom apartments. The units range in size between 302 sq ft to 1,707 sq ft.
According to Seven Tides, studio apartments are priced at Dh752,000 ($204,699), one-bedroom units at Dh1.03 million (280,372), two-bedroom units at Dh1.99 million ($541,689), while three-bedroom units are priced at Dh3.55 million ($966,329). The developer has also launched a special promotion at the upcoming Cityscape Global where investors can pay just one per cent to reserve a unit and get a free night’s stay in either Anantara The Palm Dubai Resort or Dukes Dubai.
Sea facing apartments will boast panoramic views of the Arabian Gulf. Moreover, the project has direct beach access and will include retail outlets on the ground floor. The top floor will feature an infinity pool with views over the Dubai Marina. As well as two restaurants at either side of the swimming pool and a fully equipped gymnasium.
Abdulla Bin Sulayem, CEO of Seven Tides International, said: “Palm Jumeirah continues to be one of the most sought-after locations in Dubai. Not only is this prime real estate, which according to industry experts produces high yields, it will also benefit from capital growth.”
Construction work on the project began this month and is expected to be completed by December 2019.