Dubai-based luxury property developer Seven Tides International will release an exclusive collection of 73 hotel rooms within its Anantara Dubai The Palm Residences development to prospective investors on December 8.

This brand new investment opportunity, which follows the success of its Anantara Residences project, opens up a select number of hotel rooms for sale for investment purposes.

Handled exclusively by Asteco, the appointed sales agent for the development, the rooms range in size from 530-sq-ft to 650-sq-ft with a starting price of Dh1.3 million ($353,838) up to Dh1.76 million (479,042).

Targeted towards the regional and international investment community, Seven Tides International is guaranteeing a return on investment (ROI) of 10 per cent net per annum for three years through the hotel managed rental scheme.

Handover is scheduled for March 2016, with interested purchasers also able to take advantage of a flexible payment plan option.

“As we have seen with the Anantara Residences project, which has been extremely well received by the international investment community, these hotel rooms represent an equally solid investment opportunity. Ready for rental from day one of handover, this means that investors will be able to quickly realise ROI potential, which will be bolstered by the appeal of the hotel’s luxury positioning and exceptional facilities,” said Abdulla bin Sulayem, CEO, Seven Tides International.

Blending Asian-inspired luxury with contemporary style, the Anantara Dubai The Palm Resort & Spa is set within a stunning, landscaped location. Fronted by a private stretch of white sand beach, the property has spectacular panoramic views of the Arabian Gulf, Atlantis Hotel, Burj Al Arab and the Dubai Marina skyline.

A complete lifestyle experience is included with guests enjoying full access to the hotel’s exclusive facilities, which include a 4,000-sq-ft state-of-the-art gym, 107,600-sq-ft of temperature controlled lagoon pools, six world-class dining and entertainment venues and the Anantara Spa as well as housekeeping, at-home dining, laundry and childcare services.

The hotel room project will be revealed on December 8 at a one-off event that will take place at the Anantara Residences’ North Tower. Interested parties will be able to view an existing hotel room setup and talk with a member of the Asteco sales team about investment opportunities, the group said in a statement.  – TradeArabia News Service