Dukes Oceana to Bring the Best of British to Dubai
Dukes, one of London’s most highly regarded luxury hotels, is to transport its quintessentially English touch to Dubai for the opening of Dukes Oceana Dubai Hotel and Residences.
Scheduled to open in 2016, the upscale project is the result of a collaboration between Dukes and the hotel’s Dubai-based luxury property developer Seven Tides and will be located on Palm Jumeirah, the world's largest man-made island.
The 273-room hotel will offer world-class leisure and entertainment facilities including a private beach, indoor pool, and outdoor infinity pool plus state-of-the-art gym, along with a number of restaurants.
An executive lounge, private business suites and conference rooms offer tailor-made spaces for gatherings or celebrations, from intimate cocktail receptions to large-scale corporate events.
“With this launch we are bringing quintessential British charm and style to the UAE and blending it with cosmopolitan luxury to create a unique residence and hotel situated in the heart of Dubai’s most desirable island community, Palm Jumeirah,” said Abdulla bin Sulayem, CEO of Seven Tides.
The 227 studio and one-bedroom apartments that comprise the Dukes Oceana, Dubai residences are targeted at the regional and international investment community, with Seven Tides guaranteeing a return on investment (ROI) of 10% per annum for the first five years.
“International HNWIs consider lifestyle appeal as a major criteria when looking to grow their investment portfolio and Palm Jumeirah fits the bill in every respect. This is further endorsed by Dubai’s longstanding reputation as a globally connected gateway and world-class commercial hub offering a high standard of living,” said Bin Sulayem.
“Dubai continues to offer value for money even at the top end of the investment spectrum, especially when it comes to apartment square footage compared to other major metropolises such as London or New York.
“Investors will also be able to enjoy complete peace of mind knowing that their investment is being managed by the DUKES operations team around-the-clock, and that it’s in professional hands from day one.”
Residents will also have full access to the Dukes Oceana, Dubai suite of leisure facilities and support services.
Prices start from AED 760,000 (£134,000) for a studio, with a one-bedroom commanding up to AED 2.5 million (£440,000).
The residences were launched on earlier this month at a lunch for VIP guests, with the show apartments opened for viewing to the general public the same evening.
Established in 2004, Seven Tides has developed a wide portfolio of commercial, residential and resort properties in some of the world’s most desirable locations. Its flagship hotel, Dukes London, is situated in the city’s fashionable Mayfair district.