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Developer · UAE off-plan

Palma Development

Palma Holding has operated in Dubai since 1998, setting a benchmark for quality and professionalism. The company specialises in real estate development, community management and brokerage services across the city's prime locations. It has built a reputation as a dependable developer backed by deep experience and an uncompromising commitment to quality.

Founded 1998 Founder Rauf Derbas (principal founder); Kareem Derbas (Founder & CEO) HQ Dubai, United Arab Emirates RERA registered
1998
Founded
Ultra-luxury
Segment
Private boutique developer
Status
THE TRACK RECORD

Palma Development's record.

A long-established boutique developer in Dubai and one of the most prestigious names in the industry; luxury projects across Palm Jumeirah, Jumeirah Islands, Dubai Marina and Dubai Studio City; named Developer of the Month in April 2025 by Bayut

Delivery record

Delivered 6 million square feet of premium assets with a combined value of over 16 billion AED (4.3 billion USD)

Years active

Since 1998.

Financial strength

16 billion AED in completed assets; part of Palma Holding (4 subsidiaries)

Founded1998
FounderRauf Derbas (principal founder); Kareem Derbas (Founder & CEO)
HQDubai, United Arab Emirates
TypePrivate boutique developer (under Palma Holding)
Active projects1
Entry pricefrom 1.9M AED
SIGNATURE COMMUNITIES

Palma Development flagship destinations.

Luxury residential community
Serenia Residences
Palm Jumeirah Crescent, flagship project
Residential tower
Infinity Cayan Tower
Iconic tower with a 90-degree twist
Residential
Olivara Residences & Park
Dubai Studio City
WHAT SETS THEM APART

What makes Palma Development special.

Property types ApartmentsVillasPenthouses
Price segment Ultra-luxury

Signature style

Boutique luxury development focused on prime locations across Palm Jumeirah and premium communities

1 ACTIVE PROJECT

All projects by Palma Development.

Live from the catalog — sorted cheapest first. Click any card for the full property page.

GOOD TO KNOW

Common questions about Palma Development.

Is Palma Development (Palma Holding) a reliable developer?+

A long-established boutique developer in Dubai and one of the most prestigious names in the industry; luxury projects across Palm Jumeirah, Jumeirah Islands, Dubai Marina and Dubai Studio City; named Developer of the Month in April 2025 by Bayut. Active for more than 27 years (since 1998)

What characterises Palma Development (Palma Holding) projects?+

Boutique luxury development focused on prime locations across Palm Jumeirah and premium communities

What is Palma Development (Palma Holding)'s market segment?+

Palma Development (Palma Holding) operates in the ultra-luxury segment. Property types: apartments · villas · penthouses.

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