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    Home » Svarn Development Announces Sellout of Sereno Residences; Breaks Ground at JVC
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    Svarn Development Announces Sellout of Sereno Residences; Breaks Ground at JVC

    Kuwaiti TribuneBy Kuwaiti TribuneSeptember 9, 2025No Comments3 Mins Read
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    Within the backdrop of surging curiosity in residential properties in Dubai, Svarn Improvement, an actual property growth agency shaped by technocrats and veterans within the business with over 50 years of experience, at present introduced that its new mission – Sereno Residences, on the Jumeirah Village Circle (JVC) – have already been offered out.

    On the floor breaking of the mission, Svarn Improvement stated the sale of the residential models on the announcement stage itself was a mirrored image of the massive demand for residential models in Dubai’s thriving property market.

    Svarn Improvement have been based by chairman Ramesh Aswani, well-known within the business for his a few years of expertise in growing and delivering revolutionary initiatives, and two business veterans, – Naresh Odhrani and Shaikh Shamshuddin – each administrators of the corporate.

    “At Sereno Residences, our focus is to create life areas which can be distinct in its dwelling high quality and purposeful benefits in a harmonious and peaceable atmosphere.  The mission’s location at JVC, a well-established group with glorious infrastructure and easy connectivity to the important thing landmarks of Dubai, additionally provides to potential enhance in RoI as Dubai’s realty continues to scale new heights,” stated Ramesh Aswani.

    Sereno Residences arising at District 11 of JVC can have 91 residential models in all together with 8 studios, 74 one-beds and 9 two-bed room residences, throughout a cumulative plot dimension of 28,003 sq. ft, built-up throughout G+5 flooring on 83,436 sq. ft.

    The mission contract has been awarded to Gamma Contracting and the consultancy has been given to Monarch Design Engineering Marketing consultant. Svarn Improvement’s companions in success additionally embrace the realty brokerage corporations, Artha Realty in collaboration with Neev Realty for gross sales and advertising.

    The anticipated completion of Sereno Residences is within the final quarter of 2026.

    The launch value line for Sereno Residences began at AED 624,900 for studios within the vary of 382-388 sq. ft, to AED 1.499 million onwards for two-beds between 1,205 to 2,099 sq. ft, with versatile fee plans to swimsuit varied timelines of traders.

    Svarn Improvement can also be taking a look at a sturdy pipeline of initiatives with estimated investments of over AED 300 million in key and rising communities together with in Dubai Land Residence Complicated (DLRC), throughout the Dubailand growth in shut proximity to Sheikh Mohammed Bin Zayed Street (E311) and the Dubai-Al Ain Street (E66).

    “The surge in demand for prime actual property in Dubai, due to the persevering with inflow of worldwide HNWI and non-HNWI traders, drawn to the life-style and world-class infrastructure of Dubai is propelling a market upheaval. At Svarn Improvement, we plan to journey the crest of this demand wave,” stated Naresh Odhrani.

    Residential properties in Dubai have been clocking exponential progress within the first half of 2025 with DXB Work together knowledge exhibiting 99,057 transactions, a 22.5 per cent rise in comparison with the corresponding interval final 12 months. Worth of transactions grew by 40 per cent to AED 328.8 billion in comparison with 2024 first-half.

    “JVC is among the prime funding locations benefiting from the demand surge with properties locally providing each rental yields and asset values upwards 10 per cent, in sync with the general progress of Dubai’s actual property market,” added Shaikh Shamshuddin.





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