Serenia District East Residences on Palm Jumeirah, Dubai

Serenia District East Residences is a new residential development with apartments on Palm Jumeirah developed by Palma Holding. The developer already has more than 15 completed property projects in Dubai, so it understands well what formats are in demand among buyers and investors. Serenia District East Residences by Palma Holding offers 1, 2, 3 and 4-bedroom apartments designed for those who want to live by the sea.

One of the main advantages of the Serenia District East Residences by Palma Holding is its location. The project is being built in the eastern part of the Palm Jumeirah crescent, close to five-star hotels, beach clubs and promenades. Palm Jumeirah is the largest artificial island in the world and one of the most famous areas of the emirate. It is home to Atlantis The Palm with its Aquaventure water park, the promenade and restaurants at The Pointe, The View at The Palm observation deck, as well as dozens of popular cafes, bars and beach clubs. Residents of the apartments at Serenia District East Residences by Palma Holding have quick access to shopping centres, entertainment and services.

The architecture of Serenia District East Residences by Palma Holding is characterised by simple lines and classic forms. The building consists of cascading volumes with terraces and wide balconies, while large floor-to-ceiling windows offer panoramic views of the sea, the island and the Dubai skyline. In the evening, the facades will be illuminated, creating a neat light pattern. The project was designed by Nikken Sekkei, one of the world's largest architectural firms, known for its One Za'abeel project in Dubai, among others.

The interiors of the apartments at Serenia District East Residences by Palma Holding are planned in a light, neutral palette with an emphasis on natural materials. High ceilings, large windows and thoughtful zoning create a feeling of space and light. The finishes in this property in Dubai are expected to feature stone and wood, soft textures and calm tones that can be easily complemented by furniture in any style. The kitchens will be open plan, some with an island that flows into the living area and then onto the terrace. The basic configuration of these apartments on Palm Jumeirah includes modern kitchens with high-quality appliances, built-in wardrobes and convenient storage systems. The bedrooms are separated from the common area, and the master bedrooms will have walk-in closets and en-suite bathrooms. Laundry rooms and storage rooms add practicality for those considering property at Serenia District East Residences by Palma Holding for permanent residence.

The project offers one-bedroom apartments ranging from 851 sqft (79 m²), two-bedroom apartments from 1316 sqft (122 m²), three-bedroom apartments from 2248 sqft (209 m²) and four-bedroom apartments from 2742 sqft (255 m²). Prices for apartments at Serenia District East Residences by Palma Holding start at 1 958 000 AED (533 200 $) for one-bedroom options, from 3 497 000 AED (952 200 $) for 2-bedroom options, from 5 725 000 AED (1 558 900 $) for 3 bedrooms and from 8 226 000 AED (2 239 900 $) for 4 bedrooms.

Developer Palma Holding offers a 60/40 interest-free payment plan with a 10% down payment for this property in Dubai. This means that 10% is paid at the start, then another 50% during construction in stages, and the remaining 40% upon handover. The completion date for the property at Serenia District East Residences by Palma Holding is scheduled for Q2 2030.

The internal infrastructure is one of the project's strengths. A large communal area with landscaping and plenty of leisure opportunities will be created on a 500-metre-long podium. There will be outdoor swimming pools for adults and children, a swimming lane, sun loungers, sunbathing areas and shaded areas for leisurely walks. There will be barbecue areas, walking and running routes, green areas and cosy corners for reading or working in the fresh air. Play areas and water features are planned for children, and separate clusters with swimming pools and lounges are planned for families. Residents of the apartments at Serenia District East Residences by Palma Holding will appreciate the areas for team games and training, as well as wellness areas with spaces for yoga and meditation.

Another highlight of the project is the Serenia Signature Clubhouse, the complex's community centre. It will house a modern fitness centre, men's and women's spas, an indoor swimming pool, indoor padel courts, a basketball court, multifunctional halls for events and games, and co-working spaces. The lower level will feature cafes and shops.

In addition to their own infrastructure, residents of apartments at Serenia District East Residences by Palma Holding enjoy all the amenities of Palm Jumeirah. The island has large shopping centres with dozens of shops, supermarkets, restaurants and entertainment venues, including Nakheel Mall and others. There are cinemas, fitness clubs, spas, beach clubs and children's entertainment areas. The neighbouring areas of Dubai Marina, Al Sufouh, Dubai Internet City and Knowledge Village are home to international schools, kindergartens, medical clinics and office centres.

Palm Jumeirah is connected to Sheikh Zayed Road, and from the Serenia District East Residences by Palma Holding, it takes 10-15 minutes to drive to Dubai Marina and Dubai Media City, and 20-25 minutes to Downtown Dubai and the DIFC business district. The journey to Dubai International Airport takes approximately 25-30 minutes. Residents have access to taxis and the Palm Monorail, which connects the island to the mainland and metro stations.

In recent years, prices for property on Palm Jumeirah have risen by approximately 50-60%, due to the limited supply of coastal properties in Dubai and stable demand from both local and international buyers. The average gross rental yield for apartments on Palm Jumeirah is typically in the range of 5-7% per annum, with small studios offering even higher yields when professionally managed.

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