{"id":29381,"date":"2020-06-08T11:52:11","date_gmt":"2020-06-08T07:52:11","guid":{"rendered":"https:\/\/blog.dubaicityguide.com\/site\/?p=29381"},"modified":"2020-06-08T11:52:11","modified_gmt":"2020-06-08T07:52:11","slug":"palma-holding-responds-to-high-quality-affordable-housing-demand-with-launch-of-olivara-residences-park","status":"publish","type":"post","link":"https:\/\/blog.dubaicityguide.com\/site\/palma-holding-responds-to-high-quality-affordable-housing-demand-with-launch-of-olivara-residences-park\/","title":{"rendered":"Palma Holding Responds To High-Quality Affordable Housing Demand With Launch Of Olivara Residences &#038; Park"},"content":{"rendered":"<p>Palma Holding, one of the most prestigious names in the real estate industry, has announced the release of its AED 365 millionOlivara Residences &amp; Park\u2014 the first integrated community in Dubai Studio City. This new project marks the third collaboration between Palma and Hazel Wong, the renowned architect of\u00a0 Emirates Towers, Silverene Towers, and Serenia Residences among others.Leasing for the ready-to-move-in project has commenced offering residents a contemporary and distinct lifestyle.<\/p>\n<p>Olivara Residences, a vibrant residential community, is made up of four low-rise buildings, which include 250 units comprising studio, one-, and two-bedroom apartments in addition to a clubhouse and a massive park. The project was designed with the well-being and discerning lifestyles of young families and individuals in mind, offering 100,000 sq. ft of a lush green park, play areas, a state-of-the-art gymnasium, walking lanes, and access to Palma community bicycles. \u00a0The clubhouse will be home to Innerfight, a leading performance &amp; fitness club, led by The Marathon Man, otherwise known as Marcus Smith.\u00a0 A yoga studio and paleo caf\u00e9 will also be part of the club, making it a truly elevated urban community.<\/p>\n<p>In his comments on the new project, Kareem Derbas, founder and CEO of Palma Holding, said: \u201cFollowing our successful beachfront projects, Olivara Residencesrepresents our first urban community. We saw a gap in the market for contemporary and trendy residences that cater to the young, working population who are looking for quality, urban living, with great facilities and competitive leasing options.\u201d<\/p>\n<p>\u201cThe project combines functional spaces with distinct finishes and details, combined with outstanding amenities, fitness facilities, and excellent leasing rates.\u00a0 Our aim is to consistently transform what it means to live and connect with the community,\u201d he added.<\/p>\n<p>Interior spaces at the project\u2019s units were thoughtfully designed with large glass windows that allow abundant sunlight and extend park views into the living space. Each home also features a fully fitted Italian kitchen equipped with stainless steel appliances. Additionally, Olivara provides generous parking spaces for both residents and visitors.<\/p>\n<p>Phase 1 of Olivara Residences is ready for move-in and open for viewings, with a number of unit types available for showcase. The second phase of the project is under construction and will be ready by summer 2020.<\/p>\n<p>Palma Holding has received a number of awards for the architecture, design, and overall excellence of its projects and real estate services. The company\u2019s mandate is to create an exceptional lifestyle for its residents in sustainable communities that enrich their lives.<\/p>\n<p>Since its inception, Palma Holding has completed over 5million sq. ft of premium properties in Dubai, valued at over AED 6 billion, with standout developments in the market, such as, among others, Silverene TowersandSerenia Residences, its flagship project and the only exclusively residential community on The Palm Jumeirah\u2019s Crescent.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-29382\" src=\"https:\/\/blog.dubaicityguide.com\/site\/wp-content\/uploads\/2020\/06\/Olivara-Exterior-1024x683.jpg\" alt=\"\" width=\"750\" height=\"500\" srcset=\"https:\/\/blog.dubaicityguide.com\/site\/wp-content\/uploads\/2020\/06\/Olivara-Exterior-1024x683.jpg 1024w, https:\/\/blog.dubaicityguide.com\/site\/wp-content\/uploads\/2020\/06\/Olivara-Exterior-300x200.jpg 300w, https:\/\/blog.dubaicityguide.com\/site\/wp-content\/uploads\/2020\/06\/Olivara-Exterior-768x513.jpg 768w, https:\/\/blog.dubaicityguide.com\/site\/wp-content\/uploads\/2020\/06\/Olivara-Exterior-732x488.jpg 732w, https:\/\/blog.dubaicityguide.com\/site\/wp-content\/uploads\/2020\/06\/Olivara-Exterior-1140x761.jpg 1140w, https:\/\/blog.dubaicityguide.com\/site\/wp-content\/uploads\/2020\/06\/Olivara-Exterior.jpg 1500w\" sizes=\"auto, (max-width: 750px) 100vw, 750px\" \/> <img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-29383\" src=\"https:\/\/blog.dubaicityguide.com\/site\/wp-content\/uploads\/2020\/06\/2BR-living-1-1024x684.jpg\" alt=\"\" width=\"750\" height=\"501\" srcset=\"https:\/\/blog.dubaicityguide.com\/site\/wp-content\/uploads\/2020\/06\/2BR-living-1-1024x684.jpg 1024w, https:\/\/blog.dubaicityguide.com\/site\/wp-content\/uploads\/2020\/06\/2BR-living-1-300x200.jpg 300w, https:\/\/blog.dubaicityguide.com\/site\/wp-content\/uploads\/2020\/06\/2BR-living-1-768x513.jpg 768w, https:\/\/blog.dubaicityguide.com\/site\/wp-content\/uploads\/2020\/06\/2BR-living-1-732x489.jpg 732w, https:\/\/blog.dubaicityguide.com\/site\/wp-content\/uploads\/2020\/06\/2BR-living-1-1140x761.jpg 1140w, https:\/\/blog.dubaicityguide.com\/site\/wp-content\/uploads\/2020\/06\/2BR-living-1.jpg 1498w\" sizes=\"auto, (max-width: 750px) 100vw, 750px\" \/> <img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-29384\" src=\"https:\/\/blog.dubaicityguide.com\/site\/wp-content\/uploads\/2020\/06\/Olivara-Night-shot-1024x683.jpg\" alt=\"\" width=\"750\" height=\"500\" srcset=\"https:\/\/blog.dubaicityguide.com\/site\/wp-content\/uploads\/2020\/06\/Olivara-Night-shot-1024x683.jpg 1024w, https:\/\/blog.dubaicityguide.com\/site\/wp-content\/uploads\/2020\/06\/Olivara-Night-shot-300x200.jpg 300w, https:\/\/blog.dubaicityguide.com\/site\/wp-content\/uploads\/2020\/06\/Olivara-Night-shot-768x513.jpg 768w, https:\/\/blog.dubaicityguide.com\/site\/wp-content\/uploads\/2020\/06\/Olivara-Night-shot-732x488.jpg 732w, https:\/\/blog.dubaicityguide.com\/site\/wp-content\/uploads\/2020\/06\/Olivara-Night-shot-1140x761.jpg 1140w, https:\/\/blog.dubaicityguide.com\/site\/wp-content\/uploads\/2020\/06\/Olivara-Night-shot.jpg 1500w\" sizes=\"auto, (max-width: 750px) 100vw, 750px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Palma Holding, one of the most prestigious names in the real estate industry, has announced the release of its AED 365 millionOlivara Residences &amp; Park\u2014 the first integrated community in Dubai Studio City. This new project marks the third collaboration between Palma and Hazel Wong, the renowned architect of\u00a0 Emirates Towers, Silverene Towers, and Serenia [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":29385,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-29381","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/posts\/29381","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/comments?post=29381"}],"version-history":[{"count":1,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/posts\/29381\/revisions"}],"predecessor-version":[{"id":29386,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/posts\/29381\/revisions\/29386"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/media\/29385"}],"wp:attachment":[{"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/media?parent=29381"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/categories?post=29381"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/tags?post=29381"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}