Seven Tides is rebranding and relaunching its hotel and residential apartment’s development on the Palm Jumeirah.
The SE7EN Residences at the Palm will now be known as Seven Palm following a rebrand by developer Seven Tides.
The two components, one an investment-only hotel apartments component and the other a neighbouring residential apartment complex, will also be individually rebranded as the Seven Palm Hotel Apartments and the Seven Palm Residences respectively.
Seven Tides CEO Abdulla bin Sulayem said the revamp was designed to clearly differentiate each project and highlight their specific features and potential returns.
“Each component offers a compelling proposition, based on ROI, location and quality, but they will attract a different type of investor, depending on their risk profile and strategy," he said.
"The Seven Palm Hotel Apartments are restricted to investors only and offer a guaranteed return of 10% per annum for the first five years, whereas the Seven Palm Residences are open for investors and or owner-occupiers without any restrictions but without guaranteed returns,” he said.
Seven Tides has so far sold, 260 out of the 1,116 off-plan studio, one, two and three-bedroom apartments available in the Seven Palm development.
Construction work on the project – which is Seven Tides’ third project on Palm Jumeirah - started in September 2018, with completion due during Q4 2020.
The Seven Palm Apartments are located in two 14-storey towers, joined at the top by a stunning infinity pool and is located next to Seven Tides’ second development on Palm Jumeirah, DUKES The Palm, A Royal Hideaway Hotel.
The official relaunch event will be held on Thursday, 5th December at 10am at the St. James’ Room, DUKES The Palm, A Royal Hideaway Hotel.
Guests can click here to RSVP for the event.
Similar to this:
Buyers from around the world pounce on properties at SE7EN Residences The Palm
Indian, UK and Emirati investors snap up 37 per cent of SE7EN City JLT
Dubai developer unveils VR tool for new project on Palm Jumeirah