Seven Residences will operate separately from the company's next-door property Dukes Dubai, and may include a small luxury hotel offering within the building: "We may keep part of the inventory, and convert it into a boutique hotel," said Seven Tides CEO Abdulla Bin Sulayem.
Located on a plot of land between Dukes Dubai and The Fairmont Palm Hotel & Resort, the project will feature 1,066 studio, one-, two-, and three-bedroom serviced apartments. Construction work started earlier this month, and the project is expected to complete by December 2019.
Seven Tides starts work on 1,000-unit serviced apartment scheme
Seven Tides has revealed details of Seven Residences, a 14-storey serviced apartment project on the Palm Jumeirah in Dubai.
““I’ve had a wonderful day here because we are seeing a good mix of segments here from across real estate – developers, short-term rental operators, hotel operators, coliving and student housing operators. So it’s been great to meet people from and learn about different industries – I think that’s been really valuable.”
Athul Mohan, market manager, MEA and Asia, and global franchise partnerships, Pricelabs
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