Palma Holding

Palma Holding was founded by Kareem Derbas in 1998. The company is a leading global developer with a reputation for quality projects in Dubai. To ensure that each project is given the sharp focus by its team of diligent experts, Palma has built its impressive portfolio of successful projects.

The company has developed 12 landmark projects that have shaped Dubai's ambitious skyline with its keen attention to detail and professionalism. Projects undertaken by the company include Olivara Residences & Park, Silverene Towers, Infinity Cayan Tower, The Jewels, Dorrabay, La Residencia Del Mar, German International School Dubai, and Serenia Residences, the only luxury community on Palm Jumeirah's Crescent Shore.

In 2022, Palma Holding plans to build one of the Dubai's most stunning beachfront residences on the Crescent of the Palm. The project will be a top-notch luxury residential building. Besides developing real estate, the company provides property sales, leasing, and property management services.

Real Estate Management

Palma Development, which comprises all of Palma's projects, and Development Management Services, which Palma can provide to investors who wish to develop their own properties, is a subset of real estate development. The majority of Palma's developments are located in the most prestigious areas of Dubai. They develop and acquire waterfront retail properties that generate recurring revenue streams and manage these properties to maximize their value.

Further, they plan to expand their investment in, develop, and acquire prime retail properties and explore opportunities to grow their hospitality business. At Palma, their Development Management Services division supports investors in their quest to create outstanding properties.

With a reputation for being a solid foundation and staying true to the firm's core values, their development management division aims to take projects from land selection through the handover of the units.