Palma Holding launches its second exclusive presidential penthouse for sale in its Serenia Residences development. The launch comes after the company successfully sold the project’s first presidential penthouse last year. The penthouse is up for sale for AED 55 million.
Palma Holding, one of the most prestigious names in Dubai’s real estate industry, has announced the launch of sale for its second presidential penthouse located at Serenia Residences on the crescent of The Palm Jumeirah. This comes after the developer had successfully sold the first one last year. The penthouse offers unmatched, 360-degree views of the water and resembles life on a luxury yacht with panoramic views of the sea.
The distinct, 15,127 square-foot penthouse, located at the West building, comprises four ensuite bedrooms, a grand reception, an opulent living space, a dining room, a chef’s kitchen and an entertainment kitchen, a guest bathroom, a private den that features a games table, and a lounge for get-togethers. The master bedroom features its own private terrace, an exquisite his and hers walk-in closet, and sizeable bathroom quarters. The 7,800 square-foot outdoor space can accommodate up to 100 people, with large seating areas that include sunbeds, a dining space, a fireplace, and a private outdoor Jacuzzi that overlooks Burj Al Arab and Burj Khalifa.
The entire penthouse has been furnished with top-tier furniture, hand-picked and sourced from around the world by Palma’s well-known Interior Design team lead by their Design Director Natalie Derbas. The finest finishes have been used throughout, including a monochromatic colour scheme using fine-grain wooden veneer and black statuario marble; bespoke Italian, monobrand furniture from Meridiani; hand-blown glass lights from Flos, Bomma, and Lasvit; and outdoor furniture from Dedon and Manutti. The 3.2-metre, full-height windows frame the views of the sea and The Palm.
Kareem Derbas, Founder and CEO of Palma Holding, commented: “Following the successful launch of sale for Serenia Residences’ first penthouse last year and the growing interest we received from investors which resulted in its sale, we decided to completely furnish another masterpiece penthouse at the development and launch it onto the market. Every detail of this presidential penthouse was carefully crafted with an impeccable eye for design and furniture that we are confident will grant discerning clients the ultimate in experiential living on such an exclusive development, which is Serenia Residences.”
Designed by Hazel Wong, the renowned architect behind the landmark Emirates Towers, and whose distinctive touch is showcased through the large windows and sunlit homes that reflect the serene surrounding and the sea,Serenia Residences is among a select-few exclusively residential communities on The Palm Jumeirah’s Crescent. The 850,000 square-foot development includes 250 units split among one-, two-, and three-bedroom apartments as well as penthouse suites, with around 70% of the project dedicated to landscaping and amenities to ensure that residents enjoy wide-open spaces for recreation and relaxation.
Featuring contemporary architecture and layouts unique to The Palm Jumeirah, Serenia Residences’ central theme is one of tranquil living, premium amenities, and exclusive services. The upscale community project features the largest private outdoor infinity pool on The Palm, a lap pool, a children’s pool, a play area, a games room, putting green, a state-of-the-art gymnasium, and a tennis court.
Barbeque areas situated on the beach provide the perfect al fresco dining experience and complete Serenia Residences’ ultimate beachfront lifestyle that features direct access to the beach with kayaks and paddleboards made available explicitly for residents.
