The developer Palma has secured deals with Emirates NBD, Sharjah Islamic Bank, Amlak Finance and Mortgage Finder to offer mortgages for its Serenia Residences on the Palm.

The high-end property is due for completion in a few weeks. Designed by Hazel Wong, the architect behind Emirates Towers, Serenia Residences cost Dh1.5 billion and is located on the Palm’s crescent. It features 250 units of one to three-bedroom apartments as well as penthouse suites.