Developer Palma Development has awarded a US $206.9mn construction contract to Khansaheb Civil Engineering. This contract is for the delivery of West Residence, which is billed as a 46-storey tower that marks the beginning of phase 1 within the Serenia District at Jumeirah Islands.
Khansaheb is said to have a long-standing connection with the Serenia brand. The contractor’s commitment to quality, safety, and on-schedule execution is a hallmark of their work, aligning with the expectations set for Serenia District, said the statement.
This appointment solidifies a longstanding partnership that has spanned over a decade, and reflects Palma’s commitment to collaborating with partners who possess the capabilities to deliver complex residential projects to high standards.
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.”
Kareem Derbas, CEO, Palma Development added, “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.”
Tariq Khansaheb, Chairman, Khansaheb Civil Engineering continued, “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.”
The Serenia District development, valued at US $1.36bn boasts six towers, each centred around a distinct lifestyle zone that caters to the diverse needs of its residents. These zones include the Serenia signature clubhouse, health and social zone, promoting wellness and community engagement, the Sports and Recreation spaces, Family Oasis, Nature Discovery zone, and Wellness Retreat.
As the inaugural tower within the masterplan, the West Residence will feature 411 units of one-, two-, and three-bedroom homes, complemented by two signature penthouses. These homes will offer residents a range of living options and amenities.
Palma Development awards US $206.9mn construction contract to Khansaheb Civil Engineering Middle East Construction News.
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