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Six Senses branded residences sees strong demand from international markets

 

Six Senses Residences The Palm will have a total of four buildings with a hotel, residential units as well as nine beach villas

 


February 18, 2022
 
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Six Senses branded residences sees strong demand from international markets
 

According to real estate agency Metropolitan Premium Properties, Six Senses branded residences in the UAE are seeing strong demand from international buyers.

‘Six Senses The Palm, Dubai’ project is scheduled for completion in Q4 2024. The project will mark the entry of the first Six Senses hotel and branded residences in the UAE, consisting of 60 hotel suites and 162 residences, 

The project is being developed by Select Group, a global property developer and its joint venture partner Emirates Strategic Investments Company (ESIC).

Covering an area of 1.2mn sq ft, the Six Senses Residences The Palm, located on the West Crescent of Dubai’s Palm Jumeirah, will have a total of four buildings with a hotel, residential units as well as nine beach villas featuring private access to all the hotel's facilities and services. 

Metropolitan Premium Properties is offering discounts on the purchase of Six Senses Residences.

Nikita Kuznetsov, CEO of Metropolitan Premium Properties said, “This is a fabulous one-of-a-kind project and we are already seeing a lot of interest from international markets. At Metropolitan, we are continuing to see strong demand from overseas investors for luxury properties which make up seven percent of our portfolio. Most of our international transactions come from the CIS, the UK and other parts of Europe including France, Germany and Austria.”

At the core of development, is the Six Senses Place, a 60,000 sq. ft. wellness and lifestyle facility.

In addition to Six Senses Place, residents will also benefit from other leisure facilities that include a tennis court, paddle court, restaurants, bars, pools areas, running track, direct beach access and garden spaces.

Located beachside, Signature Villas have five-bedroom floor plans, private parking, enclosed gardens and infinity pools overlooking the beach and palm groves. In addition to the Signature villas, buyers can choose from penthouses and duplex Sky Villas with two to four-bedroom layouts and underground parking.

The project offers two-bedroom units, approximately 2,000 sq. ft. in size, starting from US$2.6mn. The price for a four-bedroom penthouse starts at US$12.6mn and the price of an exclusive Signature Villa starts at US$21.7mn.

Investors will have the opportunity to obtain a five-year UAE Golden Visa, which enables foreign nationals to live, work, study and open businesses in the UAE without local sponsorship. With a minimum qualifying amount of AED5mn (US$1.36mn), owners must purchase property without a mortgage or loan and it must be owned for at least two years.