Palma Holding has announced the release of its AED365mn Olivara Residences & Park — the first integrated community in Dubai Studio City. This new project marks the third collaboration between Palma and Hazel Wong, the renowned architect of Emirates Towers, Silverene Towers, and Serenia Residences among others. Leasing for the ready-to-move-in project has commenced offering residents a contemporary and distinct lifestyle.
In his comments on the new project, Kareem Derbas, founder and CEO of Palma Holding, said: “Following our successful beachfront projects, Olivara Residences represents our first urban community. We saw a gap in the market for contemporary and trendy residences that cater to the young, working population who are looking for quality, urban living, with great facilities and competitive leasing options.”
Phase 1 of Olivara Residences is ready for move-in and open for viewings, with a number of unit types available for showcase. The second phase of the project is under construction and will be ready by summer 2020.
