Latest news with #SereniaDistrict
Al Bawaba
02-07-2025
- Business
- Al Bawaba
Palma Development Commences Enabling Works for West Residence at Serenia District in Jumeirah Islands
Palma Development, one of the pioneering developers in the UAE real estate industry, has announced the appointment of APCC Piling & Marine Contracting to commence shoring and piling works at West Residence, the first residential tower within Serenia District, its AED 5 billion master-planned community located in Jumeirah more than 600,000 sq. ft. of land with a total built-up area of 3.5 million sq. ft., Serenia District will be delivered in phases and will comprise six distinct towers integrated around an immersive lifestyle offering. Residents will benefit from a dedicated lifestyle building, the Serenia Signature Clubhouse, an amenity-rich podium level, the Serenity Lake, and extensive landscaping that promotes wellness, leisure, and community by Nikken Sekkei, Japan's leading architectural firm and the third-largest globally, the community draws inspiration from the Japanese Ireko philosophy, blending serenity, simplicity, and the mindful use of his comments, Omar Derbas, Executive Director, Development & Engineering at Palma Development, said: 'We are pleased with the appointment of APCC Piling & Marine Contracting, whose proven expertise and professionalism we experienced firsthand during the initial construction phase of Serenia Living at Palm Jumeirah. Their proven track record with us gives us complete confidence in their continued ability to deliver exceptional results. This project is set to become a benchmark in urban living, offering a unique lifestyle experience complemented by world-class amenities. At Palma Development, we remain committed to delivering our projects on schedule while contributing to Dubai's dynamic real estate landscape.' Ideally located in Jumeirah Islands, Serenia District offers the perfect balance between urban living and seclusion, just minutes from JLT, DMCC, Uptown, and Dubai Marina. The community is interwoven with 20 kilometres of walkways, encouraging an active, outdoors-oriented lifestyle. Architectural elegance is further enhanced by a dynamic starlight façade, inspired by natural elements and designed to evolve beautifully from day into night.
Zawya
01-07-2025
- Business
- Zawya
Palma Development awards enabling works contract for Dubai residential tower
Dubai-based Palma Development has appointed APCC Piling & Marine Contracting to commence shoring and piling works at West Residence, the first residential tower within the 5 billion UAE dirhams ($1.36 billion) Serenia District, a master-planned community in Jumeirah Islands. No financial details or contract start and completion timelines were given. The 46-storey tower, housing 419 units, is part of a six-tower development with a total built-up area of 3.5 million square feet. The project has been designed by Japanese architectural firm Nikken Sekkei. In April, Executive Director Omar Derbas told Zawya Projects that the AED 3 billion Serenia Living on Palm Jumeirah's West Crescent is on track for full completion by the fourth quarter of 2025. Derbas stated that in a competitive market such as Dubai, where buyer expectations are high and competition is strong, timely handover reinforces credibility. (Writing by P Deol; Editing by Anoop Menon) (
Zawya
01-07-2025
- Business
- Zawya
Palma awards piling works contract for Jumeirah residential tower
UAE-based Palma Development has signed up APCC Piling & Marine Contracting for the shoring and piling works at West Residence, the first residential tower within Serenia District, its AED5-billion ($1.4 billion) master-planned community located in Jumeirah Islands. Spanning more than 600,000 sq ft of land with a total built-up area of 3.5 million sq. ft., Serenia District will be delivered in phases and will comprise six distinct towers integrated around an immersive lifestyle offering. Designed by Nikken Sekkei, Japan's leading architectural firm and the third-largest globally, the community draws inspiration from the Japanese Ireko philosophy, blending serenity, simplicity, and the mindful use of space, said the developer. Residents will benefit from a dedicated lifestyle building, the Serenia Signature Clubhouse, an amenity-rich podium level, the Serenity Lake, and extensive landscaping that promotes wellness, leisure, and community connection. On the contract award, Omar Derbas, the Executive Director, Development & Engineering at Palma Development, said: "We are pleased with the appointment of APCC Piling & Marine Contracting, whose proven expertise and professionalism we experienced firsthand during the initial construction phase of Serenia Living at Palm Jumeirah. Their proven track record with us gives us complete confidence in their continued ability to deliver exceptional results." Ideally located in Jumeirah Islands, Serenia District offers the perfect balance between urban living and seclusion, just minutes from JLT, DMCC, Uptown, and Dubai Marina. The community is interwoven with 20km of walkways, encouraging an active, outdoors-oriented lifestyle. Architectural elegance is further enhanced by a dynamic starlight façade, inspired by natural elements and designed to evolve beautifully from day into night, said Derbas. "This project is set to become a benchmark in urban living, offering a unique lifestyle experience complemented by world-class amenities. At Palma Development, we remain committed to delivering our projects on schedule while contributing to Dubai's dynamic real estate landscape," he added. Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
Khaleej Times
13-05-2025
- Business
- Khaleej Times
Discover why Serenia District at Jumeirah Islands is Dubai's most compelling investment yet
With its prime location, luxury amenities, and exceptional design, the project promises strong value growth, offering investors an exclusive, high-potential residential opportunity at the heart of Dubai. In a city that thrives on ambition and innovation, few addresses can truly promise both lasting value and an elevated way of life. Enter Serenia District at Jumeirah Islands, the latest visionary project by Palma Development, and the crown jewel in a legacy of ultra-premium waterfront communities. Built on the remarkable success of Serenia Residences and Serenia Living, this new district is not just a place to live it's a rare chance to invest in a lifestyle designed to appreciate in every sense of the word. A Legacy of Strong Returns Dubai's ultra-luxury real estate market boasts numerous success stories, but few stand out like Serenia Living. Since its launch in 2022, it has swiftly emerged as one of the city's most sought-after beachfront properties, selling out in record time. Early investors who seized the opportunity at launch prices (Dh4,000–4,500 per sq ft) are now reaping exceptional rewards, with units transacting for as much as Dh5,600 per sq foot by 2024. Upon completion, projections show prices could soar to Dh8,000–10,000 per sq foot, a potential equity growth of up to 100% from initial investment 3 years ago Now, that momentum continues with Serenia District. Backed by Palma's proven track record, this integrated waterfront community in Jumeirah Islands is poised to mirror and even exceed the capital appreciation seen in previous projects. "At Palma Development, we have always believed that exceptional locations are the foundation of long-term value," says Rana Hariz, Executive Director, Palma Development. "Serenia District continues this legacy by bringing an integrated, design-led community to the heart of Jumeirah Islands, an address that perfectly balances natural beauty with connectivity to Dubai's key destinations." Why Serenia District Is a Smart Investment Set across more than 600,000 sq ft of prime waterfront land with a built-up area of 3.5 million sq ft, Serenia District comprises six mid-to-high rise towers infused with elegant architecture, expansive layouts, and an extensive set of premium amenities. From panoramic lake views and wellness pavilions to resort-style pools and lush green landscapes, the development is designed for both serenity and sophistication. But beyond the luxurious finishes and curated experiences lies the real draw for savvy investors: location, capital appreciation, and legacy value. Located within the tranquil-yet-connected Jumeirah Islands, Serenia District offers seamless access to Palm Jumeirah, Dubai Marina, and Downtown Dubai, making it ideal for both residents and rental investors. The area has consistently demonstrated impressive capital growth, with a limited supply of premium properties ensuring long-term value preservation and appreciation. A standout feature of the Serenia District is the Serenia Signature Clubhouse, a four-level sanctuary exclusively available to residents. This thoughtfully designed space promotes both well-being and community engagement. It includes dedicated fitness areas, spa facilities, panoramic rooftop cafés, family lounges, and game rooms. More than just an amenity, this lifestyle hub is intended to enrich the everyday lives of residents while also enhancing the long-term value of the community, making it an exceptional choice for both homeowners and discerning investors. Serenia District occupies one of the last plots in the heart of Dubai, a rare opportunity in a city where such ideal locations are becoming increasingly scarce. This strategic location places Serenia District mere moments away from key business and lifestyle hubs such as DMCC, JLT, and Dubai Marina, with easy access to Sheikh Zayed road, further enhancing its appeal and long-term investment value. The Serenia Difference What sets Serenia District apart is its meticulous design philosophy, a fusion of architectural brilliance inspired by Japanese principles, wellness-driven spaces, and integrated community living. Every Palma project is powered by partnerships with world-renowned consultants and designers, ensuring each detail reflects enduring quality and elevated taste. The planning of Serenia District was born out of a clear vision: to merge the calming charm of waterfront life with the energy and accessibility of the city. Residents here enjoy the best of both worlds, a low-density, nature-rich sanctuary with the convenience of urban living. This seamless integration makes Serenia District more than just another residential address, it's a lifestyle investment, one that enhances everyday living while building significant value over time. A Rare Opportunity for Discerning Investors Whether you're a seasoned investor looking to expand your portfolio or a discerning end-user searching for a dream home that appreciates in value, Serenia District checks every box. Its location in the prestigious Jumeirah Islands, paired with Palma's legacy of delivering high-return luxury projects on time, makes it one of Dubai's most promising real estate opportunities in 2025 and beyond. In today's competitive market, finding a property that offers both emotional fulfillment and financial return is rare. But Serenia District offers exactly that, a sophisticated, nature-infused lifestyle coupled with strong investment fundamentals. As Palma Development continues to redefine waterfront living with every launch, Serenia District at Jumeirah Islands stands as a shining example of refined living, a place to call home, and an investment that grows with you.
Arabian Business
25-02-2025
- Business
- Arabian Business
Dubai real estate: Palma Development launches $1.3bn Serenia District in Jumeirah Islands
Palma Development has launched Serenia District, a new AED5 billion ($1.36 billion) residential community in Jumeirah Islands, Dubai. The Dubai real estate development spans 600,000 sq. ft. with a built-up area of 3.5 million sq. ft. and features six integrated towers. The project centres around six lifestyle zones: the Serenia Signature Clubhouse, Health and Social zone, Sports and Recreation spaces, Family Oasis, Nature Discovery zone, and a Wellness Retreat. Palma Development unveils Serenia District in Jumeirah Islands, Dubai 'We are thrilled to introduce our latest development, Serenia District, which will not only set a new benchmark in urban living but also continue our vision of contributing exceptional architecture to Dubai's iconic skyline. With the Dubai real estate market reaching record figures and solidifying the emirate's position as a global investment hub, demand for premium developments continues to rise. Serenia District was launched to meet this demand, offering architectural excellence, thoughtful design, natural elements, and an unparalleled lifestyle experience,' Kareem Derbas, Founder and CEO of Palma Development said. Phase one introduces West Residence, a 46-storey tower with 419 one-, two-, and three-bedroom homes, offering views of Jumeirah Islands. The tower emphasises clean aesthetics and simplicity. The development includes a 100,000 sq. ft. Serenia Signature Clubhouse with amenities such as a panoramic infinity pool, gym, rooftop café, male and female spas, an indoor paddle court, a half basketball court, a games room, and retail and F&B spaces. Japanese architects Nikken Sekkei, the world's third-largest architectural firm, designed Serenia District using Japanese Ireko design principles that focus on tranquillity, simplicity, and thoughtful use of space. 'Serenia is our homegrown premium residential brand, developed in partnership with our strategic partner, Palma Development, to create high-end communities in strategic locations. Serenia District marks a new era of sophisticated living, where residents can embrace a tranquil lifestyle without compromising on urban vibrancy. We are proud to continue this successful partnership with Palma, having worked together on the Serenia Residences and Serenia Living communities,' Hassan H. Nia, Founder and CEO of Banian added. Located next to business and entertainment hubs, Serenia District offers access to urban amenities while maintaining a nature-infused environment.
