
Palma's 226-unit beachfront project set for 2025 completion
DUBAI, 19 hours, 48 minutes ago
Palma Development, a major property developer in the UAE, has announced that steady progress is being made on its AED3 billion ($816 million) ultra-premium beachfront development - Serenia Living - located on the crescent of the Palm Jumeirah, with the project already 70% completed.
This milestone exemplifies substantial progress toward delivering one of Dubai's most coveted pro-jects, further reinforcing Palma's dedication to timely project delivery, said the Emirati developer.
A uniquely designed development - Serenia Living features 226 exclusive residences with a mix of two-, three- and four-bedroom apartments, full-floor and half-floor penthouses, and one of Dubai’s most exclusive Sky Mansions.
The project’s high-end amenities include one of the largest residential swim-ming pools in the city, a gym with a dedicated personal training area, multiple indoor and outdoor children's play areas, and direct beach access, stated the developer.
Giving a project update, Omar Derbas, Executive Director, Development and Engineering at Palma Development, said: "Serenia Living is progressing smoothly and remains on track for the expected completion by the end of 2025, while maintaining the exceptional quality that defines all our projects."
"As we move into the final phase of construction anticipation continues to build among our discerning clientele, who will soon experience a new standard of upscale beachfront living," noted Derbas.
With its ultra-prime location, best-in-class amenities, and unwavering focus on delivering bespoke residential experiences, the project is set to become a landmark of opulence on Palm Jumeirah.
"As construction continues at a steady pace, Palma Development looks forward to achieving further milestones, bringing Serenia Living closer to completion and setting a new standard for ultra-premium beachfront residences in Dubai," he added.-TradeArabia News Service