Svarn Development has announced that its Sereno Residences project at the Jumeirah Village Circle (JVC) are already sold out.
The units were sold just after the announcement stage, which is a reflection of the huge demand for residential dwellings in Dubai’s thriving property market.
Sereno Residences at District 11 of JVC will host 91 residential units, including eight studios, 74 one-bedroom and nine two-bedroom apartments.
“At Sereno Residences, our focus is to create life spaces that are distinct in its living quality and functional advantages in a harmonious and peaceful ambience. The project’s location at JVC, a well-established community with excellent infrastructure and smooth connectivity to the key landmarks of Dubai, also adds to potential increase in RoI as Dubai’s realty continues to scale new heights.”
Ramesh Aswani, Co-Founder, Svarn Development
The contract has been awarded to Gamma Contracting, and the consultancy has been granted to Monarch Design Engineering Consultant. Svarn Development’s partners also include the brokerage firms, Artha Realty, in collaboration with Neev Realty, for sales and marketing.
Prices for the Sereno Residences started at AED 624,900 for studios in the range of 382-388 sq ft, to AED 1.499m and above for two-bedroom apartments between 1,205 to 2,099 sq ft.
The anticipated completion of Sereno Residences is slated for Q4 of 2026.
Svarn Development also has a robust pipeline of projects with estimated investments of over AED 300m in key and emerging communities, including Dubai Land Residence Complex (DLRC) within the Dubailand development in close proximity to Sheikh Mohammed Bin Zayed Road (E311) and the Dubai-Al Ain Road (E66).
“The surge in demand for prime real estate in Dubai, thanks to the continuing influx of global HNWI and non-HNWI investors, attracted to the lifestyle and world-class infrastructure of Dubai is propelling a market upheaval. At Svarn Development, we plan to ride the crest of this demand wave.”
Naresh Odhrani, Co-Founder, Svarn Development
Svarn Development was founded by Chairman Ramesh Aswani and two industry veterans, Naresh Odhrani and Shaikh Shamshuddin, both of whom are Directors of the company.
