Seven Palm
Seven Palm
The two towers in the development, which were previously known together as the SE7EN Residences The Palm, will be rebranded as Seven Palm, under the tagline ‘your exclusive beachfront address.”
The two components: an investment-only hotel apartments-based component, and the other a neighbouring residential apartment complex, has also be rebranded as the Seven Palm Hotel Apartments and the Seven Palm Residences respectively.
The Seven Palm Apartments are located in two 14-storey towers, joined at the top by an infinity pool. It is located next to Seven Tides’ second development on Palm Jumeirah – DUKES The Palm, A Royal Hideaway Hotel.
Providing views over the Dubai Marina skyline, the development also features two restaurants on either side of the pool, a fully equipped gymnasium, direct beach access, and retail outlets, including a gourmet grocery store, laundry services, and a pharmacy.
The property is attracting an exceptionally diverse range of investors from Russia and the UK, to Brazil and Canada.
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. 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.
Construction work on the project, which is Seven Tides’ third project on Palm Jumeirah, began in September 2018.
Prices
Studio Apartments
Starting From AED 649,888.
Average unit size: 350 Sq.Ft.
All units are fully furnished
1 Bedroom Apartments
From AED 1,050,888 to AED 1,450,888
Average unit size: 720 Sq.Ft.
All units are fully furnished and some have a sea view
2 Bedroom Apartments
From AED 1,751,888 to AED 2,060,888
All units are fully furnished
3 Bedroom Apartments
From AED 2,904,888 to AED 3,847,888
All units are fully furnished
Penthouses
From AED 13.534,00
Two floors +Private pool + Private terrace + Private entrance to the rooftop
Hotel Apartments
From AED 1,745,888
5 Years Guaranteed 10% ROI NET
Hotel Apartments
One bedroom from AED 1,664,888
Current Offer
Pay 30% during construction, 20% on completion and 50% spread over 2 years.
Are you interested in more details?
Photographs from the construction site 1 June 2020
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