Serenia Living

Three buildings totalling 226 residences at the exit of the tunnel onto the Palm Jumeirah crescent. Developer Palma Holding, completion was planned for late 2025.

What kind of building this is

Serenia Living stands at the exit of the tunnel leading onto the Palm's crescent. The property profile lists 226 residences and three project authors: Hazel W.S. Wong, Godwin Austen Johnson, and Al Hadatha Engineering Consultants; confirmed amenities are a pool and landscaping. The developer is Palma Holding.

The complex consists of three buildings. Completion was planned for late 2025 — meaning that, as of the autumn-2024 analysis, the building was already at an advanced stage, and buyers were no longer dealing with a construction pit.

The project's key selling point in the market is not brand or architecture but the combination of entry price per square metre and the payment schedule. That is what let investors exit the property with a return notable for the Palm.

Prices, and what they show

An autumn-2024 benchmark for a specific unit: one on the second-to-top floor with five-metre ceilings — around $16,675 per square metre, with the total for a three-bedroom apartment at around $4 million. On the resale market, two-bedroom apartments in the project were listed from $2.2 million.

Sixteen thousand dollars per square metre on the Palm is the middle of the market, not the top: neighbouring clubhouses under hotel brands on the same crescent were starting at twice that. Which is the project's working logic: the gap between the entry price and the location's market level is what turns into a return on exit.

In practice this means what matters at Serenia Living is the specific unit, not the project. Five-metre ceilings, a near-top floor and the view are parameters you pay for separately; a typical mid-tier apartment doesn't produce results like those.

How to check this address

First — the stage. A building that was due for handover in late 2025 will, by the time of your deal, already be complete or close to it, and instead of renders you can look at the actual finish of the common areas. That's the best way to check whether the result matched the promise.

Second — how many units of the project are on the open market at once. A 226-unit complex that investors are actively exiting can easily reach a point where supply weighs on price. The number of concurrent listings is the most honest liquidity metric.

Third — the surroundings. Being at the tunnel exit means traffic and proximity to the Palm's transport hub; for some units that's convenience, for others it's noise. The difference here runs between the sides of the building, not between floors.

propsearch property profile (unit count, project authors, area, amenities) and a project analysis dated 24 September 2024 — the complex's composition, completion date, price-per-square-metre benchmarks for a specific unit, and resale-market price levels.