Seven Tides offers investors Anantara hotel rooms
Seven Tides will unveil the 73 rooms within the Anantara Dubai The Palm Residences on December 8, 2015
Seven Tides International is set to release a collection of 73 hotel rooms within its Anantara Dubai The Palm Residences development to prospective investors.
The Dubai-based property developer will unveil the rooms at the Anantara Residences on December 8, 2015.
The rooms at the resort range in size from 530sqf to 650sqf with a starting price of (AED1.3m) up to (AED1.76m).
Anantara Dubai The Palm Resort & Spa, offering panoramic views of the Arabian Gulf, Atlantis Hotel, Burj Al Arab and the Dubai Marina skyline, features six dining and entertainment facilities, a 4,000sqf gym, 107,600sqf lagoon pools and a spa - as well as laundry and childcare services.
Handover for the development is scheduled for March 2016, with prospective investors able to take advantage of a flexbile payment plan option.
Seven Tides is guaranteeing a return on investment (ROI) of 10% per annum for three years through the hotel managed rental scheme.
Abdulla bin Sulayem, CEO, Seven Tides International, said: "As we have seen with the Anantara Residences project, which has been extremely well received by the international investment community, these hotel rooms represent an equally solid investment opportunity.
"Ready for rental from day one of handover, this means that investors will be able to quickly realise ROI potential, which will be bolstered by the appeal of the hotel's luxury positiong and exceptional facilities."