Home / NEWS / Seven Tides launches Anantara Residences Sky Collection

Seven Tides launches Anantara Residences Sky Collection

by Jumana Abdel-Razzaq on Dec 10, 2017

Anantara the Palm Dubai Resort in Dubai.
Anantara the Palm Dubai Resort in Dubai.

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UAE-headquartered property developer Seven Tides has launched its Anantara Residences Sky Collection in Dubai.

Forming part of the five-star Anantara the Palm Dubai Resort on the eastern crescent of Palm Jumeirah, the property will include fully-furnished luxury studio apartments as well as completed one and two-bedroom apartments.

The completed apartments are located on the lower floors of the buildings and will be priced at $735,000 (AED2.7m) for one-bedroom apartments, and $1m (AED3.9m) for two-bedroom apartments.

The payment plan, priced at $326,000 (AED1.2m), includes 10% upon reservation agreement; 40% upon sales and purchase agreement; and the final 50% upon completion in July 2018.

Abdulla Bin Sulayem, CEO of Seven Tides International, said: “This is a great opportunity to own a luxury freehold property on Dubai’s Palm Jumeirah, which continues to be one of the most sought-after locations in the emirate.

“Our Anantara Residences Sky Collection will appeal to a wide range of home buyers and investors, for whom prestige, quality and a strong ROI, are prerequisites to purchase.”

Unit sizes range between 50m2 to 60m2 for a studio and are sold with high-end fittings and finishes.

Apartments will come fitted as standard with luxury furniture, fitted kitchens, rain showers, and floor-to-ceiling windows.

Amenities and features for the property include a private beach, 10,000m2 temperature-controlled swimming pools, gym, tennis courts, children’s play areas and the Anantara Spa.

Bin Sulayem added: “Our Anantara Residences Sky Collection offers an unparalleled lifestyle of luxury with stunning views over the resort’s lagoons, across Palm Jumeirah and the Dubai skyline.”

The one-bed and two-bed apartments will include a 10% payment upon reservation agreement; and the remaining 90% upon sales and purchase agreement.