Metropolitan Premium unveils special offer for luxury Palm Jumeirah Project

By Salma C, Intern Reporter
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Six Senses The Palm, Dubai
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UAE-based trusted leading Real Estate Company, Metropolitan Premium Properties is offering special deals for investors on the purchase of the ultra-luxury Six Senses Residences, located on the West Crescent of Dubai’s Palm Jumeirah.

The Six Senses The Palm, a breathtaking luxury project will be developed by the Dubai-based real estate developer Select Group, and its joint venture partner Emirates Strategic Investments Company (ESIC) and is currently scheduled for completion in Q4 2024.

Under the special offer, 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.

There will be a total of four buildings with the Six Senses covering 1.2 million square feet, a hotel in Dubai, residential units, and nine beach villas that include private access to all the hotel’s facilities and services.

The exclusive project comprises a 60,000 square feet wellness and lifestyle facility including Six Senses Spa, full equipped gym, massage circuit pool, squash court, wellness/aesthetic clinic, meeting spaces, co-working space, lounges, children’s club, and alchemy bar.

The project which will mark the entry of the first Six Senses hotel and branded residences in the UAE, consisting of 60 luxury hotel suites and 162 exquisite residences, located on the doorstep of many of Dubai’s famous attractions including Nakheel Mall, Al Ittihad Park, The Palm Tower and Golden Mile Galleria amongst others.

Mr. Nikita Kuznetsov, Partner Metropolitan Group and CEO of Metropolitan Premium Properties remarked that “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,” Mr. Kuznetsov added.

The residences will be designed with sustainability and wellness in mind with its grounds featuring elaborate green spaces, shaded gardens, walking paths, running tracks, and recreation areas.

Residents will be able to enjoy a lush Zen Garden, landscaped courtyard, tennis court, and micro-farm, as well as space for outdoor activities. Outdoor spaces will be connected with paved paths, plant-wrapped tunnels, and picturesque bridges. Its landscape design also includes natural ponds, large Wadi boulders, and hammock groves, which will create a relaxing atmosphere for the pool areas and sunbathing terraces.

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

Owners must purchase property without a mortgage or loan with a minimum qualifying amount of $1.36 million and it must be owned for at least two years.

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