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Palma Launches Two Towers in Dhs5bn Jumeirah Islands Project

Palma Development has launched the second phase of its Dhs5 billion Serenia District project in Dubai's Jumeirah Islands. The new phase introduces two residential apartment buildings, East Residence 2 and East Residence 3, offering one- to four-bedroom units. Foundation works on the initial phase have finished, with structural construction now underway.

Illustration: Editorial photograph of contemporary luxury waterfront apartment buildings in an upscale Dubai residential district, featuring modern ar
Illustration

Palma Development has launched the second phase of Serenia District, an AED 5 billion master-planned residential community in Dubai's Jumeirah Islands, according to Gulf Business. The launch introduces high-end apartment stock into an established residential area that has traditionally been villa-centric.

The second phase consists of two residential towers: East Residence 2 and East Residence 3. East Residence 2 rises 25 storeys and will house two-, three-, and four-bedroom apartments ranging from 1,316 to 5,364 square feet. East Residence 3 stands 23 storeys high and offers one- and two-bedroom layouts sized between 875 and 1,605 square feet.

The launch follows construction progress on the project's first phase, West Residence, where foundation works have finished and main contractor Khansaheb Civil Engineering has begun primary structural work.

Palma Development CEO Kareem Derbas stated that premium apartments have remained limited in Jumeirah Islands and that Serenia District directly addresses this supply gap to deliver long-term capital value to property owners.

Serenia District was conceptually designed by Japanese firm Nikken Sekkei, with Godwin Austen Johnson serving as design architect. Spanning over 600,000 square feet with a built-up area of 3.5 million square feet, the wider scheme connects six residential towers around a four-storey clubhouse and six wellness zones.

Sources

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