UAE-based Palma Development has announced that work has been completed on its ultra-premium beachfront residential development - Serenia Living - located on the crescent of Palm Jumeirah. It boasts 226 residences, including two- to four-bedroom apartments as well as one of Dubai’s most exclusive Sky Mansions.
Leading UAE developer Arada has achieved a key milestone with the sale of a five-bedroom residence at Armani Beach Residences at Palm Jumeirah in Dubai for AED92.5 million ($25 million) to Francis Ngannou, the Cameroonian former UFC heavyweight champion and professional boxer.
The ongoing Middle East conflict involving US, Israel and Iran has impacted several major landmarks in the region including Burj Al Arab, Palm Jumeirah, Dubai International Airport, Jebel Ali Port in UAE as well as Crowne Plaza, a premium five-star hotel in Bahrain.
Bin Sulaiman Group - OBS, a diversified group based in Dubai, said its premium development Omoria has opened its inaugural private residence on Palm Jumeirah. A prime project, the Omoria Palme Couture draws from finest Japanese hospitality and Italian design philosophies.
Leading Dubai brokerage B1 Properties has achieved a key milestone with the sale of a prestigious signature plot (13,579 sq ft) located on Palm Jumeirah for AED88 million ($24 million), ranking as the highest price-per-square-foot transaction recorded in 2025.
UAE-based Palma Development has announced that work is in full swing at its AED3 billion ($817 million) ultra-premium beachfront development, Serenia Living, located on the crescent of Palm Jumeirah and is on track for completion by the year-end.
