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Seven Tides shows two properties of its brand in Mumbai

UAE - December 6, 2018

Luxury residential property developer Seven Tides is heading to Mumbai to showcase two properties from its SE7EN brand to India’s investment community at the Dubai Property Show, which will be taking place at the Bandra Kurla Complex, from December 7-9.

Seven Tides will be promoting recently launched SE7EN City JLT and the developer’s third project on Palm Jumeirah, SE7EN Residences The Palm at the show.

Last year the Mumbai-based property show generated AED1.8 billion ($490.1 million) worth of enquiries and attracted over 5,000 international high-net worth investors during its event.

Seven Tides’s CEO Abdulla Bin Sulayem said that, India ranks as the number one amongst the foreign investors for Dubai Real Estate, with a staggering investment close to AED 20 billion ($5.444 billion) annually. Dubai Land Department figures show that in the first half of 2018, Indian investors made 3,218 transactions worth more than AED5.9 billion ($1.6 million) in Dubai property.

Seven Tides’ first mixed-use development SE7EN City JLT, valued at AED 1.3 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 AED 393,000 ranging in size from 384 sq ft to 415 sq ft, while one-bedroom apartments start at AED 768,000 and range in size from a minimum of 739 sqft to a maximum of 800 sq ft. Prices of two-bedroom apartments start at AED 992,000 and the size is 1,073 sqft. Finally, the entry price for three-bedroom apartments starts at AED 1.40 million and vary in size from 1,516 sq ft to 1,521 sq ft.

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.

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