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Dubai firm announces contractor for $817m Serenia Living development on Palm Jumeirah

Dubai developer appoints contractor for $54m Sky Mansion project

dubai serena living
Dubai developer appoints contractor for $54m Sky Mansion project

Dubai’s Palma Development has announced Khansaheb as the main contractor for luxury beachfront Serenia Living.

The luxury beachfront development located on the first plot of the west crescent of Palm Jumeirah will consist of 226 exclusive apartments and penthouses, including one of the most exclusive Sky Mansions in Dubai valued at more than AED200m ($54m).

The AED3bn ($817m) project is scheduled for completion in Q4 2025.

Serenia Living in Dubai

With the foundation works already completed, Serenia Living is moving to the next phase of construction with Khansaheb.

Hassan H. Nia, Founder and CEO of Serenia Living-owner Banian, said, “We are thrilled for the appointment of Khansaheb as the main contractor for Serenia Living, a landmark development offering unmatched luxury and exclusivity.

Serenia Living is our second project with Khansaheb, following the successful completion of Serenia Residences The Palm in 2018. We are confident that Khansaheb’s expertise will help us realise this extraordinary project, which is expected to be completed by Q4 of 2025, with handover beginning in Q1 of 2026.”

Kareem Derbas, CEO and Founder of Palma Development, said: “Palma Development is committed to delivering exceptional residential projects that offer unique living experiences to our discerning clientele.

“The demand for luxury properties in Dubai has reached unprecedented levels, and we are confident that Serenia Living will set new standards of luxury in this sector.”

Serenia Living, launched in October 2022, features a range of ultra-premium amenities, including one of the largest residential swimming pools in Dubai, a state-of-the-art gym with a dedicated personal training section, various indoor and outdoor children’s play areas, and direct beach access.

The apartments are designed to the highest standards, with top-quality finishes and European branded high-end appliances.

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