Latest news with #PalmaDevelopment
Mid East Info
a day ago
- Business
- Mid East Info
Palma Development Wins Best Luxury Beachfront Development for Serenia Living on Palm Jumeirah
Luxury Lifestyle Awards is delighted to announce Palma Development as the prestigious winner in the category of Best Luxury Beachfront Development for their extraordinary project, Serenia Living on Palm Jumeirah, Dubai. This recognition celebrates Palma Development's dedication to redefining premium living, offering a uniquely selected experience at Dubai's iconic Palm Jumeirah through Serenia Living's exclusive residences. Palma Development is a premier real estate developer based in Dubai, specializing in high-end residential projects that set new standards in ultra-exclusive living. Known for its signature contemporary designs and devotion to quality, Palma Development creates unique waterfront properties on iconic locations like Palm Jumeirah and Dubai Marina. With a focus on delivering holistic lifestyle experiences, the company integrates world-class architecture, wellness amenities, and seamless indoor-outdoor living to offer residents a refined, unparalleled way of life. Situated on the pristine West Crescent of Palm Jumeirah, Serenia Living is designed for those who value refined beachfront living combined with a holistic lifestyle focus on well-being. Residents can enjoy direct beach access, superb views of the Arabian Gulf and Dubai skyline, and proximity to vibrant attractions, including world-class dining and leisure destinations. This award-winning project is not only a residential haven but also an invitation to immerse oneself in the elevated lifestyle synonymous with Dubai's elite beachfront properties. Each element of Serenia Living showcases Palma Development's signature approach to elegance and modernity. The high-visibility glass exteriors offer stunning waterfront views from every residence, allowing natural beauty to blend with the project's architectural sophistication. With interiors designed to exude style and sophistication, each unit features custom finishes and refined touches, creating a uniquely ultra-premium atmosphere that embraces its residents with the warmth of Dubai's sun-drenched coasts. Rana Hariz, Executive Director of Sales & Leasing of Palma Development expressed her delight 'We are thrilled to have Serenia Living recognized as the Best Luxury Beachfront Development by Luxury Lifestyle Awards. This award reflects our pledge to fashion world-class living experiences in Dubai. Serenia Living embodies our vision of opulence, offering not only beauty and comfort but a lifestyle of holistic well-being.' As one of Dubai's most coveted addresses, Serenia Living represents a unique investment opportunity for high-net-worth individuals seeking exclusivity, comfort, and a world-class lifestyle on Palm Jumeirah. This ultra-premium beachfront residence perfectly aligns with the selected tastes of buyers who prioritize privacy, security, and convenience, setting a new benchmark in exclusive beachfront property investment. 'Palma Development's vision for Serenia Living is a tribute to Dubai's commitment to ultra-prestigious, wellness-centered living,' said Alexander Chetchikov, President of the World Luxury Chamber of Commerce, a global network dedicated to fostering collaboration, innovation, and business growth among leading luxury brands. 'This award from Luxury Lifestyle Awards reaffirms Serenia Living as the quintessence of beachfront grandeur, combining contemporary style with a wealth of upscale amenities and unrivaled wellness features. We are proud to recognize Palma Development and celebrate their outstanding success on the global stage.' Visit Palma Development's website at to learn more about Serenia Living and discover the ultimate in beachfront luxury. About Luxury Lifestyle Awards Luxury Lifestyle Awards, a part of the World Luxury Chamber of Commerce, is a global organization dedicated to selecting, recognizing, and promoting the finest luxury goods and services worldwide. With a 16-year legacy, LLA connects discerning clientele to exceptional luxury experiences. Its rigorous evaluation process assesses over 5,000 products and services across 400 categories in 100 countries, culminating in a prestigious list of winners that showcases the world's elite. Renowned brands like Ritz-Carlton, Savills, and Dom Pérignon have been recognized by the Luxury Lifestyle Awards, which enhances brand credibility, elevates status, and provides global exposure for award recipients. For more information, please visit:
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.
Trade Arabia
15-04-2025
- Business
- Trade Arabia
Palma unveils new private retreat at $1.3bn Serenia District
UAE-based Palma Development has announced the launch of its new residential clubhouse within its AED5 billion ($1.36 billion) premium waterfront residential commiunity - Serenia District - in Jumeirah Islands, Dubai. As part of the full amenities package organised around six lifestyle zones, and integrated into West Residence, a striking 46-floor tower, the Serenia Signature Clubhouse is reshaping the idea of residential clubhouses, said the developer in a statement. Designed by world-renowned Japanese firm Nikken Sekkei as the beating heart of this ultra-exclusive community, the four-level space isn't just about high-end amenities, it's about bringing people together in a setting that blends wellness, leisure, and modern social living, it stated. A 100,000-sq-ft private retreat, it boasts several premium amenities including a modern gym, indoor paddle court, half basketball court, games room, and sleek F&B and retail concepts. The clubhouse embraces the Ireko design philosophy, blending fluid and organic forms, natural light, and serene spaces, it added. "Serenia Signature Clubhouse is all set to shake up Dubai's luxury living scene," " said a company spokesman. "From the moment you arrive under the striking perforated aluminium canopy, and step into the soaring spiral atrium crowned by a majestic tree, it's clear this isn't just a clubhouse - it's a masterpiece," he noted.
Arabian Business
15-04-2025
- Business
- Arabian Business
Dubai real estate: Serenia District reveals 100,000 sq ft luxury clubhouse plans
A new AED5 billion waterfront residential community in Jumeirah Islands is set to introduce what developers are calling a 'game-changing' residential clubhouse. The Serenia Signature Clubhouse, part of Palma Development's Serenia District project, will span 100,000 square feet across four levels. Dubai's Serenia District to launch ultra-exclusive clubhouse The facility, designed by Japanese architectural firm Nikken Sekkei, will feature a rooftop café, infinity pool, spa, gym, indoor paddle court, half basketball court, games room, and various food, beverage and retail concepts. Notable design elements include a perforated aluminium canopy at the entrance and a spiral atrium featuring a central tree. The clubhouse forms part of the amenities package organised around six lifestyle zones and will be integrated into West Residence, a 46-floor tower within the development. The Serenia District aims to establish a new standard for luxury residential communities in Dubai when completed, with the clubhouse positioned as the community's central gathering point.
Zawya
10-04-2025
- Business
- Zawya
Dubai's off-plan market remains highly promising
The outlook for the UAE's real estate sector, especially Dubai's off-plan market, remains highly promising, Omar Derbas, Executive Director, Development and Engineering at Palma Development, told Zawya Projects. The sustained demand for luxury waterfront properties, combined with limited supply in prime locations such as Palm Jumeirah, continues to drive capital appreciation, he said. 'In Serenia Living, we have already witnessed a significant increase in value since launch, with some units appreciating by over 50 percent, which indicates investor confidence and market momentum,' Derbas said. Off-plan properties have been a significant contributor to Dubai real estate sector's growth with 24,920 transactions in the first quarter of 2025, up from 20,006 during the same period last year, an analysis by Springfield Properties stated. In 2025, Palma Development expects the off-plan segment to remain strong, supported by ongoing population growth, residency incentives, and increasing international investment. Dubai's position as a global hub for luxury living ensures that premium developments offering architectural distinction and lifestyle value will remain highly attractive to end-users and investors alike, Derbas said. When asked about expansion beyond Dubai, he said that Dubai remains the cornerstone of the company's development strategy, given its global appeal and strong regulatory framework. While the immediate focus remains on the timely completion of Serenia Living, the developer has launched the AED 5 billion Serenia District, a residential development in Dubai's Jumeirah Islands. The first phase of Serenia District includes West Residence, a 46-storey tower comprising 419 units. The tower reflects a Japanese Ireko-inspired design by Nikken Sekkei. 'Additional project details and phases will be announced in due course as we continue to expand our development pipeline for 2025 and beyond,' Derbas stated. As with many large-scale developments globally, Palma Development also experienced fluctuations in commodity prices, particularly since 2024 and ongoing in 2025, since inflationary pressures are affecting the cost of materials such as aluminium, steel, concrete, and imported finishes. However, the developer claimed its procurement strategy has been to plan ahead and secure pricing through long-term agreements wherever possible. 'While there has been some upward pressure on costs, it has been well managed within our overall budget parameters. Cost increases have not impacted our commitment to excellence,' Derbas said. (Reporting by P Deol; Editing by Anoop Menon) (
