The next phase of work on the Dh1.5 billion project will see the installation of ceiling works, glass and aluminium. Image Credit: Courtesy: Palma Holding

Dubai: Palma Holding has reached key construction milestones at its exclusive Serenia Residences development on the Palm.

The project located on a plot on the crescent of The Palm Jumeirah next to the Anantara has completed 100 per cent of structural works on all three buildings, including a show apartment on Level 2 of the East Wing. Mechanical, electrical and plumbing works are ongoing, reaching up to Level 4 across all towers.

“The progress already made on this project sees us right on track to provide first-class beachfront living to aspiring homeowners,” said Kareem Derbas, CEO of Palma Holding.

The next phase of development will install the building with ceiling works, glass and aluminium.

The Dh1.5 billion project will comprise 250 units, with handover expected by the end of next year.

To date, Palma has completed over 4 million square feet of properties in Dubai worth Dh3.6 billion with another Dh3.6 billion in the pipeline. Flagship projects include the iconic Infinity Cayan Tower and Silverene Towers, both located in Dubai Marina.