Golf Views Seven City located in JLT, saw 195 different nationalities invest a combined total of $26.5 million in 2020. Of those investors 25% were French, 12% were Italian, 11% were Russians with 6% of sales were attributed to Indian nationals.
Located in Cluster Z, the project will be the most integrated building in JLT comprising 27 floors and featuring 2,617 residential apartments as well as 150,000 sqft of retail space, a hotel and restaurants. The development is said to be Dubai’s second largest single-structured building in terms of built-up area next to Burj Khalifa, at 3,500,000 sq.ft.
Golf Views Seven City is aimed at young professional tenants or end users, designed to provide everything a resident might want, with various retail options, entertainment, dining options, a gym and a health club. However, when residents do venture outside, they’ll discover a fast-paced and exciting urban environment, right on their doorstep. Valued at over AED1 billion, the project is due for handover in Q2 2023.
Abdulla Bin Sulayem, CEO, Seven Tides said: “These are remarkable sales figures, when we consider what an extraordinary year 2020 has turned out to be. Most of the world was locked down during April and the pandemic has caused disruption throughout the year for many sectors of the global economy, not just hospitality and aviation.
“The pandemic has made end users re-evaluate their lifestyles. After the lockdown, residents started considering an upgrade to larger properties with spacious exteriors and leisure facilities on their doorstep,” said Bin Sulayem.