UAE luxury developer Seven Tides is set to showcase about 20 of the one and two-bedroom apartments at its luxury Anantara Residences The Palm Jumeirah community during the Cityscape exhibition in Dubai, UAE.

Investors looking for an assured return on their investment, will have the opportunity to snap up these apartments at the three-day property exhibition which opens today, said a statement from Seven Tides.

Under the five-star hotel management programme, the Anantara Dubai The Palm Resort & Spa, will clean and service the apartments and manage guest reservations to maximise potential revenue opportunities.

Guests or tenants also have exclusive access to the hotel facilities that include a gym, 107,600 sq ft of temperature-controlled lagoon pools, a signature spa plus six dining and entertainment venues.

Seven Tides plans to release just 20 of the one and two-bed apartments in the South Residences to potential investors for a starting price of Dh2.8 million ($762,112) apiece, with the luxury developer guaranteeing an eight per cent annual return on investment (ROI).

"This limited release is aimed specifically at independent bespoke investors, who want a guaranteed minimum return, for a modest capital outlay," remarked Abdulla Bin Sulayem, the CEO of Seven Tides.
 
"Besides the ROI, investors are also secure in the knowledge that their property is being maintained to five-star standards, supporting capital appreciation," he added.

Seven Tides, in conjunction with real estate experts Asteco, had last year conducted a research to compare the ROI between a conventional buy-to-let investment on the Palm Jumeirah and the Anantara buy-to-let management programme.

The research showed that a hotel room (or residence with access to five-star hotel resort facilities) could generate as much as Dh190,200 ($51,769), almost double the Dh100,000 ($27,218) annual rent a shoreline apartment realises.

"Of course the actual figures have changed since last year, but the percentages have not. Investors can still easily realise over eight per cent ROI, not to mention the capital appreciation, which according to Asteco’s H2 research has grown by 31 per cent over the 12 months to the end of June 2014," said Bin Sulayem.

"So we are confident that our guarantee is credible, realistic and ultimately achievable," he added.

Anantara Residences is a collection of 442 luxury apartments and 14 penthouses 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.-TradeArabia News Service