UAE-headquartered developer Seven Tides has announced the launch of Se7en City JLT, its first mixed-use development at Jumeirah Lakes Towers in Dubai.

Being developed at an estimated cost of Dh1.3 billion ($354 million), the complex will house 2,635 residential units. Around 15 per cent of the project has already been completed and it will be ready within three years.

Spread over a 3.5-million-sq-ft area, the development is located within Cluster Z in DMCC, opposite the Montgomery and Emirates’ golf courses and the Emirates Hills community. Its residential element consists of studio, one-, two- and three-bedroom apartments as well as a limited number of duplex units.

Seven Tides CEO Abdulla Bin Sulayem says: “Se7en City JLT has been designed to provide everything a resident might possibly want, with retail, entertainment, food and beverage (F&B) outlets, a nursery, gym and a health club.”

On the new project, Bin Sulayem says the striking complex sits upon a common podium, which hosts promenade restaurants overlooking a lake.

“The tower also features a gym, health club, infinity pool, children’s pool, a roof garden, cafes, other dining options. It also has a large retail offering, covering 150,000 sq ft over three floors, which will include a hypermarket, as well as car parking spaces totalling 2,699, with an additional 620 spaces dedicated to retail parking,” he explains. “All apartments come complete with high-end fittings and finishes, synonymous with the Se7en brand and also feature built-in wardrobes and branded white goods.”

All the residential units at the Se7en City JLT have been priced attractively with the studio apartments (ranging in size from 384 sq ft to 416 sq ft) starting from Dh354,000 onwards, while one-bedroom apartments (in the range of 739 sq ft to 800 sq ft) start at Dh683,000. The prices of two-bedroom apartments (1,073 sq ft) start at Dh992,000.

Finally, the entry price for three-bedroom apartments starts at Dh1.4 million.