Seven Tides woos Palm buyers with new incentive | Information

Property developer Seven Tides has launched a week-long incentive for its resort and residential developments on the Palm Jumeirah.

The occasion will happen between December 23rd-31st.

The choice to launch a brand new fee plan was taken after sterling jumped in worth towards the US greenback within the wake of the latest UK normal election outcome.

The occasion noticed Boris Johnson lead the Conservatives to a landslide victory.

It’s thought, optimistically, the transfer will finish any additional uncertainty over Brexit. 

“Our properties are highly regarded with British buyers, nevertheless, as a result of uncertainty about Brexit and the slide within the worth of sterling, many would-be patrons have been reluctant to commit.

“Nonetheless, the pound has now risen by 9 per cent towards the US greenback since August, which can make property priced in dirhams extra reasonably priced.

“In impact, sterling buyers wanting to purchase a one-bedroom resort condominium in the course of the promotion interval, will now save over AED170,000 had they purchased on August 11th, for instance, when sterling was buying and selling at 4.Four dirhams, in comparison with 4.eight at this time.

“Add to that, the stimulus of a extra versatile fee plan, and we’re assured that this supply might be enticing sufficient to entice buyers, notably these within the UK,” stated Abdulla bin Sulayem, chief govt, Seven Tides.

The brand new fee plan which applies to each resort and residential residences in Seven Palm is much more versatile, making it simpler for buyers who could have money circulation points.

The Seven Palm consists of two developments, the Seven Palm Lodge Flats and the Seven Palm Residences.

The residences are situated in two 14-storey towers, joined on the prime by a shocking infinity pool and situated subsequent to Dukes the Palm, A Royal Hideaway Lodge.

Offering views over the Dubai Marina skyline, the event additionally options two eating places both aspect of the pool, a totally outfitted gymnasium, direct seashore entry and varied shops.

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