Seven Tides to develop 14-storey project on Dubai’s Palm Jumeirah
The 14-storey Seven Residences will feature 1,066 serviced apartments, podium-level F&B outlets, a retail space, and a rooftop infinity pool
Seven Tides has revealed that it is in the process of developing Seven Residences, a 14-storey residential structure on Palm Jumeirah in Dubai.
Located on a plot of land between Dukes Dubai and The Fairmont Palm Hotel & Resort, the project will boast 1,066 studio, one-, two-, and three-bedroom serviced apartments.
Seven Tides is currently registering with Dubai Land Department (DLD) and opening an escrow account for the development.
Stylised as SE7EN Residences, the project is in the advanced stages of design, according to Abdulla Bin Sulayem, chief executive officer of Seven Tides.
“In addition to apartments, Seven Residences will include a podium with food and beverage (F&B) outlets, retail offerings, and other amenities for the building’s residents,” he told Construction Week. “It will feature a rooftop infinity pool, which will offer views of Dubai Marina’s skyline and Ain Dubai.”
Unit sizes will range from 28m2 to 159m2, and prices will start at $280,000 (AED1.03m). The property will also feature direct beach access.
Seven Tides’ previous Palm Jumeirah developments include Anantara The Palm Dubai Resorts and Dukes Dubai, which opened in March 2017.
Seven Residences will operate separately from Dukes Dubai, according to Bin Sulayem, who added that his team is mulling the possibility of creating an exclusive, small-scale hospitality offering within the building.
“We may keep part of the inventory, and convert it into a boutique hotel,” he revealed.
Construction works for Seven Residences commenced in September 2017, and the project is expected to complete by December 2019.
To read Bin Sulayem’s interview in full, check out issue 667 of Construction Week, which will be published on 9 September, 2017.