• Serenia Residences indicators US$140m Palm property deal | Information

    Serenia Residences has introduced the acquisition of the costliest plot by a personal investor in Dubai this 12 months in one of many greatest land offers within the United Arab Emirates. The deal is value a reported AED508 million ($140 million) on the crescent of the Palm Jumeirah. The plot can be used to develop a brand new beachfront growth, after the profitable completion and gross sales of Serenia Residences — essentially the most unique beachfront residences on the crescent of the Palm, stated the developer. The brand new mission, value AED2.5 billion, has a built-up space of roughly 1.2 million sq. foot, and can be developed by Palma Holding.…