Serenia District - West

1. Is it on schedule?0% built in July 2026 against a December 2028 handover: 100% left to build in 29 months · DLD project register, Jul 20260%Context
2. Is my money protected?Payments go to an escrow account at مصرف الشارقه الاسلامى, as registered with the Land DepartmentEscrowContext
3. Is the price fair?AED 2,438/sqft, 3.3% below the Jumeirah Islands off-plan median across 4 projects-3.3%Context
4. Is it selling?55 off-plan sales registered in the last 12 months, of 419 units; the latest on 6 Oct 202655Context
5. Who is building it?Palma Homes, licence no. 1068Context

Sizes run from the 10th to the 90th percentile of registered floor area, so one mislabelled unit cannot set the range. A title is issued at handover: a live project shows few or none however many units have sold, and an untitled unit is not necessarily for sale.

Escrow agent

مصرف الشارقه الاسلامى

Developer, as licensed

PALMA HOMES REAL ESTATE DEVELOPMENT L.L.C (no. 1068)

Master developer

Nakheel

Registered start

January 2025

Configuration

Mixed Used - Residential with Retail (B+G+3P+43F+R) + Swimming Pools @ 1st Floor + Gym with SPA @ 1st & 2nd Podiums

Construction progress is the percentage DLD recorded in its project register as of July 2026, the latest DLD record for this project; the register lags DLD’s inspections by months, so it is dated separately. The developer is the company licensed to build it, by the register’s own licence number; the master developer owns the land under it and is often another company entirely. Off-plan price is the median of registered off-plan sales across this project’s published buildings, 12 months to 12 Oct 2026.

When will Serenia District - West be completed?

The developer registered handover for December 2028, 29 months after DLD’s latest record, and the project was 0% built as of July 2026. A registered date is the developer’s own, not a delivery forecast. Dubai Land Department project register as of July 2026.

What does Serenia District - West cost per square foot?

AED 2,438 per sqft, the median of 55 registered off-plan sales in the 12 months to 12 Oct 2026; the median unit sold for AED 2.10M. That is 3.3% below the Jumeirah Islands off-plan median across 4 projects.

Is Serenia District - West in escrow?

Yes: the Land Department register names مصرف الشارقه الاسلامى as the project’s escrow agent, the bank that holds buyers’ payments for the developer. Dubai Land Department project register as of July 2026.

Who is the developer of Serenia District - West?

PALMA HOMES REAL ESTATE DEVELOPMENT L.L.C, licence no. 1068, by the register’s own licence number; the master developer that owns the land is Nakheel. Dubai Land Department project register as of July 2026.

How many units does Serenia District - West have?

419 registered units, of which 0 have a title issued. A title is issued at handover, so a live project shows few or none however many units have sold. Dubai Land Department project register as of July 2026.