Real Estate

The good life

REAL estate developer Seven Tides has recently launched the latest phase of its luxury project, the Anantara Residences on The Palm Jumeirah in Dubai, UAE.

Following the successful sale of the first two phases in the development’s South Residences, which comprises a total of 111 luxury apartments, the first phase of North Residences is expected to attract growing interest.

This phase will offer 47 two-bedroom deluxe apartments to buyers, with prices ranging from Dh4.45 million ($1.21 million) for a deluxe 1,779-sq-ft two-bedroom apartment to Dh11 million ($3 million) for a deluxe 2,873-sq-ft two-bedroom apartment with sea view.

“Unit sales in the South Residences have proved to be extremely popular as the value of Dubai’s real estate market has continued to rise significantly through 2013 and well into 2014,” says Abdulla bin Sulayem, Seven Tides’ CEO.

Commenting on the project, he says: “Apart from high specification interior design and quality workmanship, another aspect that we benefit from is the fact that the units are completed and virtually ready to move in. This allows investors to move in, let their properties or as an alternative option let the Anantara hotel manage their property for them without delay. This brings the luxury lifestyle element into the equation.”

Residents can enjoy a complete luxury lifestyle experience with access to the Anantara Dubai Palm Jumeirah, Resort and Spa. The hotel facilities available include a gym, 107,600 sq ft of temperature-controlled lagoon pools, plus six dining and entertainment venues.

An additional value-add for residents will be access to the fourth concept in the Anantara development’s style of luxury living portfolio with the opening of a new restaurant and the new 17-room spa.

Anantara Residences is a collection of 442 luxury apartments and 14 penthouses fronted by a private stretch of white sand beach with all residences enjoying panoramic views of the Arabian Gulf, Atlantis hotel, Burj Al Arab and the Dubai Marina skyline.

Seven Tides is an internationally oriented holding company established in 2004 and focuses on hospitality and real estate sectors.