Development company Svarn officially sells out the Sereno Residences; begins construction at the JVC location.

In the bustling city of Dubai, the real estate market has been on an upward trajectory, and one of the key contributors to this growth is Svarn Development's latest project, Sereno Residences in Jumeirah Village Circle (JVC).

Ramesh Aswani, chairman of Svarn Development, announced that Sereno Residences, spanning over G+5 floors, has already sold out. The project, built on a total plot size of 28,003 sq. ft and an area of 83,436 sq. ft, is a testament to the strong demand for quality residential properties in Dubai.

The project contract has been awarded to Gamma Contracting, and consultancy is provided by Monarch Design Engineering Consultant. Sereno Residences will feature 91 residential units, including 8 studios, 74 one-bedroom, and 9 two-bedroom apartments.

The location of Sereno Residences in JVC offers a higher potential for return on investment, as Dubai's real estate market continues to scale new heights. Situated in District 11 of JVC, the development is part of a well-established community with excellent infrastructure and seamless connectivity to Dubai's key landmarks.

Shaikh Shamshuddin, a co-founder of Svarn Development, emphasised that JVC is one of the prime investment destinations, offering rental yields and asset value appreciation of over 10%. This, coupled with the exponential growth in the first half of 2025, where Dubai recorded 99,057 transactions and a 40% rise in transaction values compared to H1 2024, makes Sereno Residences an attractive investment opportunity.

Launched with prices starting at Dh624,900 for studios and Dh1.499 million onwards for two-bedroom apartments, the sale of the residential units at Sereno Residences at the announcement stage reflects the strong demand for residential properties in Dubai's thriving real estate market.

Artha Realty, in collaboration with Neev Realty, are partners in the sales and marketing of Sereno Residences. Svarn Development, founded by Ramesh Aswani, Naresh Odhrani, and Shaikh Shamshuddin, all industry veterans with over 50 years of combined experience, is planning a robust pipeline of projects, with estimated investments of over Dh300 million in key and emerging communities.

Naresh Odhrani stated that the surge in demand for prime real estate in Dubai is propelling a market upswing. With projects also planned for communities near Sheikh Mohammed Bin Zayed Road (E311) and Dubai-Al Ain Road (E66), Svarn Development is set to continue its contribution to Dubai's dynamic real estate landscape.

The anticipated completion of Sereno Residences is in the last quarter of 2026. At Sereno Residences, Svarn Development's focus is to create living spaces that stand out for their quality, functionality, and harmonious, peaceful ambience. With the success of Sereno Residences, it's clear that Svarn Development is on the right track to delivering quality properties that meet the needs and aspirations of Dubai's discerning homebuyers.

Development company Svarn officially sells out the Sereno Residences; begins construction at the JVC location.