The luxury residential project, located on the west of Palm Jumeirah, consists of four mid-rise towers
International project management and cost consultancy firm Thomas & Adamson (T&A) has announced that it is delivering cost management services on the new ‘Serenia Living’ luxury residential development taking shape in the first plot of the West crescent of the Palm Jumeirah in Dubai.
T&A was appointed in 2022 under lead design consultant Godwin Austen Johnson (GAJ) to deliver pre-and post-contract cost management services on this prestigious project for UAE-based developer Palma Holding. It was appointed to manage costs amid challenging market conditions and inflation pressures.
Rudolph van Wyk, Director at T&A Middle East said, “Due to the dynamic conditions currently pervading the construction market, including pronounced supply chain pressures as well as budget constraints, several challenges had to be overcome in the pre-contract phase to keep the project on track in terms of time and cost. By facilitating value engineering exercises with various project stakeholders, we were able to achieve key savings for our client, while maintaining the exceptionally high-quality standards required by Palma Holding. Construction of the residential project is now on track to commence, and we look forward to seeing the works through to fruition in late 2025.”
The Serenia Living project comprises the construction of four mid-rise towers and all associated landscaping and external works. The new luxury residential project is Palma Holding’s second offering on the Palm Jumeirah, following ‘Serenia Residences The Palm’ which was completed in 2018.
Based on the concept by Hazel Wong, the design development of Serenia Living was undertaken by architecture firm Godwin Austen Johnson (GAJ) and will have a total built-up area of 1,182,000 square feet. It will feature a total of 226 exclusive residences including 22 penthouses, and an ultra-luxury duplex Sky Mansion. The luxury beachfront project will also boast one of the largest wellness clubs in Dubai that will include several amenities including an expansive gym, training studio and a spa with sauna, steam room and an ice plunge pool. A children’s play area with a games room, outdoor pool, cinema, and an array of external sports facilities and courts will also be included within the development.
Pre-contract cost management services were completed by T&A in May 2023, with the start of construction works and project completion slated for late June 2023 and December 2025, respectively. The handover of residences is expected to begin in the first quarter of 2026.
