Media release - 22nd April, 2015

The brand new Raine & Horne Dubai has hit the sand running by listing over 400 luxury apartments on behalf of developer, Seven Tides, in an ultra-modern five-star resort located on the outer frond of the iconic Palm Jumeirah.

L-R: Surender Bhojwani, Sanjay Chimnani, Angus Raine, Andrew Robb, Abdullah Bin Suleyam Raine & Horne Dubai signed the contract with Seven Tides to market the five-star luxury apartments in Hotel Anantara, in the presence of Australian Federal Trade Minister Andrew Robb, Australian Ambassador to the UAE Pablo Kang, and Australian Consul General to Dubai, Gerard Seeber.

"The Minister, the Ambassador and the Consul General witnessed the AED 1.4 billion (AUD500 million) exclusive sales deal between Seven Tides and Raine & Horne Dubai,” said Angus Raine, Executive Chairman and CEO of Raine & Horne, who was also on hand at the signing ceremony in Dubai. Mr Raine was part of a trade delegation led by Minister Robb, which visited key markets in the Middle East last week.

“This is a major coup for Raine & Horne Dubai, which already employs 25 real estate professionals, and this listing demonstrates that the team led by experienced property specialists Sanjay Chimnani and Surender Bhojwani will make a major mark on the emirate’s real estate market,” said Mr Raine.

The collection of 442 luxury apartments and 14 penthouses in Hotel Anantara, which is situated on the outer frond of Palm Jumeirah, overlook their own private stretch of white sand beach with residents enjoying spectacular panoramic views of the Arabian Gulf and Dubai Marina skyline.

Anantara development According to Abdullah Bin Suleyam, CEO of Seven Tides, Anantara offers exclusive island living at its best.

“With a guaranteed 13% ROI for five years by Seven Tides, plus the ability to stay in the apartment for seven days annually, I’m sure there will be significant interest in this marquee project,” he commented.

“Blending Asian-inspired luxury with contemporary style, this exceptional residential development has been designed to stand apart in a market already known for its abundance of perceived high-end products and upscale positioning.”

Mr Chimnani adds, “Unit footprints range from 1,158 up to 9,500 square feet, and the spectacular location of Hotel Anantara and its unobstructed views of the Arabian Gulf and the Dubai skyline are maximised with large balconies for al fresco entertaining, which cleverly mirror the spacious interior layouts.

“The one and two-bedroom apartments offer nine different layouts and utilise space to the maximum, complemented by top-of-the-range kitchen appliances and innovative technological features.”

Prospective penthouse residents have the option of full customisation, with the units available on a shell and core basis, thus allowing buyers to truly personalise their space, added Mr Chimnani.

A complete lifestyle experience is included with residents enjoying Anantara Dubai The Palm Resort & Spa’s exclusive facilities, which include a 4,000-square foot state-of-the-art gym, 107,600-square feet 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.

For more information about the luxury apartments in Hotel Anantara, contact Raine & Horne Dubai on +971 4 366 3200.

–ENDS–

For further media information contact:

Sanjay Chimnani, Principal Raine & Horne Dubai on (+61431 248 092 or +971528538887)

Andrew Harrington, National Communications Manager, Raine & Horne on 02 9258 5400

Australian Trade Minister witnesses major Raine & Horne Dubai coup