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Posted On: 18 July 2013 02:50 pm
Updated On: 12 November 2020 02:13 pm

Qatari investors eye Dubai’s Palm Jumeirah

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Dubai-based developer Seven Tides is receiving increasing interest from Qatari investors for the phase one release of its exclusive Anantara Residences Dubai, situated on Palm Jumeirah, according to a press note by the developer. Marketed exclusively by Better Homes, the collection of 442 luxury apartments and 14 penthouses are fronted by a private stretch of white sand beach with all residences enjoying spectacular panoramic views of the Arabian Gulf, Atlantis Hotel, Burj Al Arab and the Dubai Marina skyline. “We are not surprised by the level of interest shown by Qatari investors. The Dubai real estate market is buoyant, apartment sales prices have grown by 27 percent year to date and by 12 percent in the first quarter of this year alone. Also it’s not only a convenient location for a second home, it can be bought-to-let or simply leased when vacant to earn rental income,” said Abdulla Bin Sulayem, CEO, Seven Tides “Dubai is a popular destination for Qatari visitors. Airline schedules are good allowing easy accessibility, making Dubai a great ‘family and friends’ location,” added Bin Sulayem. The Emirate and The Anantara Residences, are perfectly positioned to accommodate the cultural and social requirements of Gulf nationals, from the availability of high-end retail destinations and the city’s family-friendly entertainment calendar, to the high spec interior design of the apartments and penthouses, and unrivalled lifestyle access to the adjacent Anantara Dubai Palm Jumeirah, Resort & Spa. The fully furnished residences comprise a total of 442 one and two-bedroom apartments, ranging from 1,158 to 1,524-square feet and 1,743 to 2,246 square feet respectively, and impressive terrace or balcony spaces, most with sea views. There are also a limited number of three-bedroom penthouses, each with sunken swimming pools, private terraces and balconies offering up to an additional 3,000 square feet of space for relaxation and entertaining; and potential penthouse owners also have the option of fully customising their interiors, Bin Sulayem said. A complete lifestyle experience is included in the price, with residents enjoying access to five-star facilities at the 293-room five-star Anantara Dubai Palm Jumeirah, Resort & Spa, which is due to open in September 2013. The hotel facilities available include a gym, 107,600-square feet of temperature controlled lagoon pools, six dining and entertainment venues and the Anantara Spa.