Seven Tides has started to develop a luxury resort on one of its islands in The World archipelago, according to local media.
The luxury property developer and holding company has spent tens of millions of dollars buying 10 of the World Islands in the South America cluster, including Buenos Aires, Bolivia, Argentina, Chile and Falkland.
Having recently completed its hotel and property development portfolio, including the recently opened Dukes Hotel on The Palm Jumeirah, the company has started to develop a luxury resort on one of the South American islands, closest to the Dubai shoreline, CEO Abdulla Bin Sulayem told Arabian Business.
Bin Sulayem revealed that he is planning to build a low-rise, 60 villa luxury resort, including a signature restaurant, all-day dining venue, spa and water activities.
“You will have the skyline of all of Dubai. One of the closest ones [to the shoreline],” Bin Sulayem said.
“It’s five minutes’ distance from the Jumeirah Marina Port and it’s less than 15 minutes from Anantara [The Palm Dubai] by boat. If you’re staying on the island and you want to go shopping, we can drop you to the closest point to Dubai Mall.”
Work has started and is expected to be completed in “less than a year”.