UAE-based Palma Holding, a specialist in luxury residential and mixed-use complexes, said work was nearing completion on its Dh1.5-billion ($408 million) Serenia Residences, a 850,000-sq-ft development offering the best in resort-style beachfront living in Dubai.

Designed by Hazel Wong, the famous architect behind the landmark Emirates Towers, Serenia Residences is taking shape as one of the few exclusively residential communities on The Palm Jumeirah’s Crescent.

The project, which comprises 250 units of one- to three-bedroom apartments as well as penthouse suites, will be ready for occupation by the end of this month.

Featuring contemporary architecture and layouts unique to The Palm Jumeirah, Serenia Residences’ central theme is one of tranquil living, premium amenities and bespoke concierge services.

The up-scale community project features the largest private, outdoor infinity pool for a residential project on The Palm, a lap pool, a children’s pool, a play area, a state-of-the-art gymnasium and a tennis court, said the developer.
 
Barbeque areas with seating and fire pits situated on the beach provide the perfect al fresco dining experience. In total, 70 per cent of Serenia Residences’ plot has been dedicated to landscaping, ensuring wide open spaces for uncluttered relaxation, it added.

To woo investors, Palma has announced a range of exclusive financing options in partnership with leading specialised financiers including Emirates NBD, Sharjah Islamic Bank, Amlak Finance and Mortgage Finder.

"We are delighted to be approaching the delivery of Serenia Residences, our premium offering on The Palm Jumeirah, where we are confident that our customers will find both a serene lifestyle and an exceptional investment opportunity," remarked Kareem Derbas, the CEO of Palma Holding.
 
"By establishing these financing partnerships, we are enhancing our proposition and ensuring that our customers benefit from all the support they need to become home owners or investors at Serenia Residences," he added.

Mortgage Finder is providing Serenia Residences’ customers with exclusive offers that are not available in the general mortgage market, and will deliver its services and impartial advice free of charge.

Customers will also find a special range of financing offers available at Sharjah Islamic Bank and Emirates NBD, while Amlak Finance is allowing customers who already own property to receive finance on their home at Serenia Residences with no additional equity contribution.

"Once complete, Serenia Residences will stand as the most exclusive beachfront residence in the city, and we are delighted to be offering our customers a range of leading financing options that reflect this exclusivity," stated Derbas.

"This fulfils Palma’s mission to deliver the whole package to its customers," he added.-TradeArabia News  Service