PHOTO
Palma Development launches AED 5bln Serenia District at Jumeirah Islands, setting a new benchmark for urban living. Image Courtesy: Palma Development
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)
Subscribe to our Projects' PULSE newsletter that brings you trustworthy news, updates and insights on project activities, developments, and partnerships across sectors in the Middle East and Africa.
