• Contact
  • Magazines Archive
  • Subscribe Now
Business Today Middle East
  • News
  • Business
    • Markets
      • Money
      • Tech News
      • Healthcare
      • Opinion
    • Appointments
  • Real Estate
  • Technology
  • Energy
  • Hospitality
    • Hotel
    • Catering
  • Lifestyle
    • Fashion
    • Sports
    • Cars
    • Travel
  • Design
  • Interviews
  • Regional Roundup
No Result
View All Result
Business Today Middle East
  • News
  • Business
    • Markets
      • Money
      • Tech News
      • Healthcare
      • Opinion
    • Appointments
  • Real Estate
  • Technology
  • Energy
  • Hospitality
    • Hotel
    • Catering
  • Lifestyle
    • Fashion
    • Sports
    • Cars
    • Travel
  • Design
  • Interviews
  • Regional Roundup
No Result
View All Result
Business Today Middle East
No Result
View All Result
Home Construction

PALMA DEVELOPMENT AWARDS AED 760 MILLION CONTRACT FOR WEST RESIDENCE AT SERENIA DISTRICT

Staff writer by Staff writer
December 15, 2025
in Construction, Real Estate

Khansaheb Civil Engineering will undertake the construction of West Residence at Serenia District

West Residence at Serenia District

Palma Development, one of the pioneering developers in the UAE real estate industry, has awarded an AED 760 million construction contract to Khansaheb Civil Engineering to deliver the West Residence, a 46-storey tower, which represents phase 1 within Serenia District at Jumeirah Islands. The appointment extends a trusted partnership that began over a decade ago, reflecting Palma’s commitment to working with top-tier partners capable of delivering complex residential projects to world-class standards.

The Serenia District development is valued at AED 5 billion and features six integrated towers, centred around six unique lifestyle zones of the community: the Serenia Signature Clubhouse, Health and Social zone, Sports and Recreation spaces, Family Oasis, Nature Discovery zone, and a Wellness Retreat, which together, will offer a unique lifestyle for residents.  As the first tower within the masterplan, West Residence introduces 411 one-, two- and three-bedroom homes, with two signature penthouses at its crown. 

Kareem Derbas, CEO, Palma Development, said: “The Serenia brand has evolved into a trusted name for residents and investors who prioritise stability, quality, and long-term value. The returns delivered across our earlier developments reflect that commitment. As we enter the next chapter with Serenia District, we do so with full confidence in Khansaheb. They understand the essence of the Serenia brand, and that understanding is embedded in every phase of this development.”

Hassan H. Nia, Founder & CEO, Banian FZCO, said: “Our work begins with selecting the right locations and the right partners. Banian and Palma Development are proud to once again appoint Khansaheb as our construction partner for the evolution of the Serenia brand. Khansaheb has been part of our journey for many years, and we trust their ability to deliver Serenia District – West Residence with the same precision and discipline that shaped our previous successes. This appointment strengthens a relationship built on trust, shared values, and consistent performance.”

Tariq Khansaheb, Chairman, Khansaheb Civil Engineering, added: “Our work with Palma Development and Banian began more than a decade ago, and it remains a partnership we care about deeply. Projects under the Serenia brand have always carried a clear vision and a commitment to exceptional quality, which aligns closely with our values. The development will be a defining addition to the Emirate, and we are proud to play a part in bringing it to life.”

Khansaheb’s role in West Residence builds on a long-standing connection with the Serenia brand. The contractor delivered Serenia Residences The Palm and is currently executing Serenia Living on Palm Jumeirah. With a legacy dating back to 1935, Khansaheb is recognised for its ability to manage technically demanding projects with a disciplined approach to quality, safety, and on-schedule execution, strengths that align closely with the expectations set for Serenia District.

Ideally located in Jumeirah Islands, Serenia District offers the perfect balance between urban living and seclusion, just minutes from JLT, DMCC, Uptown, and Dubai Marina. The community is interwoven with 20 kilometres of walkways, encouraging an active, outdoors-oriented lifestyle. Architectural elegance is further enhanced by a dynamic starlight façade, inspired by natural elements and designed to evolve beautifully from day into night.

Tags: Khansaheb Civil EngineerinPalma DevelopmentSerenia DistrictWest Residence
Share30Tweet19Share5Pin7Send
Staff writer

Staff writer

Recommended For You

The Sky Mansion is a masterpiece of design

ELEVATE Sets New Benchmark with AED 38 Million Sky Mansion Sale

January 21, 2026
Breez presents a rare ownership opportunity in one of the city’s most prestigious waterfront locations

Breez by Danube Leads Dubai’s Next Wave of Waterfront Living

January 21, 2026
Amira Sajwani, Managing Director, DAMAC Properties

DAMAC Enters a New Era After Record-Breaking AED 36 Billion in Sales

January 21, 2026
High Buyer Confidence in UAE Property Market Continues, Says Property Finder Survey

Property Finder Poll Shows Strong UAE Property Intent as 2025 Ends

January 21, 2026
From Traditional Assets to Digital Tokens

From Traditional Assets to Digital Tokens

January 21, 2026

Shurooq Launches Sharjah Sustainable City II, Expanding Green Urban Development

January 21, 2026
Next Post
Arada to open Nest Hotel at Aljada , introducing a bold new hospitality brand at Sharjah’s premier lifestyle destination

Arada to open Nest Hotel at Aljada , introducing a bold new hospitality brand at Sharjah’s premier lifestyle destination

Latest News

OpenAI Unveils GPT-5.2: From “Chatbot” to the First Universal AI Work Engine

OpenAI Unveils GPT-5.2: From “Chatbot” to the First Universal AI Work Engine

January 22, 2026
The Sky Mansion is a masterpiece of design

ELEVATE Sets New Benchmark with AED 38 Million Sky Mansion Sale

January 21, 2026
Breez presents a rare ownership opportunity in one of the city’s most prestigious waterfront locations

Breez by Danube Leads Dubai’s Next Wave of Waterfront Living

January 21, 2026
Dubai Holding strengthens its presence in Europe’s hospitality sector by acquiring a property in Mallorca

Dubai Holding strengthens its presence in Europe’s hospitality sector by acquiring a property in Mallorca

January 21, 2026
BusinessToday_logo

Get In Touch

Building #10, Dubai Media City
PO Box 502511, Dubai, United Arab Emirates

+971 4 420 0506

sales@bncpublishing.net
Jo@bncpublishing.net

Business Today Middle East – December 2025
BusinessToday Magazines

Business Today Middle East – December 2025

by Aya Zhang
January 13, 2026
BusinessToday-nov-2025
BusinessToday Magazines

Business Today Middle East – November 2025

by Staff Writer
January 13, 2026
Sister Publications
  • Construction Business News
  • Design Middle East
  • Logistics News ME
  • Hotel & Catering
  • Entrepreneur Al Arabiyah
  • Entrepreneur Middle East
Newsletter

Never miss any important news.
Subscribe to our newsletter.

SUBSCRIBE NOW

Get In Touch

Building #10, Dubai Media City
PO Box 502511, Dubai, United Arab Emirates

+971 4 420 0506

sales@bncpublishing.net
Jo@bncpublishing.net

Sister Publications
  • Construction Business News
  • Design Middle East
  • Logistics News ME
  • Hotel & Catering
  • Entrepreneur Al Arabiyah
  • Entrepreneur Middle East
Newsletter

Never miss any important news.
Subscribe to our newsletter.

SUBSCRIBE NOW
Business Today Middle East – December 2025
BusinessToday Magazines

Business Today Middle East – December 2025

by Aya Zhang
January 13, 2026
BusinessToday-nov-2025
BusinessToday Magazines

Business Today Middle East – November 2025

by Staff Writer
January 13, 2026

Copyright © 2026 BNC Publishing. All Rights Reserved.

No Result
View All Result
  • Home
  • Landing Page
  • Buy JNews
  • Support Forum
  • Contact Us

© 2026 BusinessToday . All Rights Reserved.

Go to mobile version