Palma Development

Palma Development, a subsidiary of Palma Holding, has been a cornerstone of Dubai’s luxury real estate market since 1998. Renowned for its innovative designs and premium properties, Palma Development delivers exceptional apartments, penthouses, townhouses, and villas in prime locations like Palm Jumeirah, Dubai Marina, and Dubai Studio City. With over 6 million square feet of developments valued at AED 16 billion (USD 4.3 billion), Palma Development properties for sale offer unparalleled lifestyles and superior investment returns for discerning buyers. From the iconic Serenia Living to the architectural marvel of Infinity Cayan Tower, Palma continues to shape Dubai’s skyline with sophistication and sustainability.

Who is Palma Development?

Established in 1998, Palma Development operates under Palma Holding, a Dubai-based real estate leader founded by Rauf Derbas and led by CEO Kareem Derbas. With a focus on bespoke, high-quality projects, Palma has completed 12 iconic developments, including Silverene Towers, Infinity Cayan Tower, and Serenia Living on Palm Jumeirah. The company’s portfolio, worth over USD 2 billion, reflects its commitment to excellence, integrity, and community engagement, with charitable initiatives like school construction in Lebanon and Ramadan gift-giving. Palma’s subsidiaries—Palma Development, Palma Investment, Palma Real Estate, and Palma Asset Management—provide tailored services, ensuring every project enhances Dubai’s premium real estate landscape.

Why Invest in Palma Development Properties?

Investing in Palma Development properties offers compelling benefits for local and global buyers:

• Premium Locations: Projects in Palm Jumeirah, Dubai Marina, and Dubai Studio City offer connectivity to Sheikh Zayed Road, Jumeirah, and Downtown Dubai, with rental yields of 6-8%.
• Luxury and Quality: Palma’s developments feature world-class designs by architects like Hazel Wong, ensuring timeless elegance and durability.
• High ROI Potential: Dubai’s luxury market saw villa prices on Palm Jumeirah rise from AED 9.77M in 2020 to AED 13.19M in 2022, with Palma’s projects delivering strong capital appreciation.
• Flexible Payment Plans: Off-plan projects like Serenia Living offer installment plans, reducing upfront costs and attracting investors.
• Sustainable Design: Eco-friendly materials and energy-efficient systems align with Dubai’s sustainability goals, enhancing long-term value.
• World-Class Amenities: Private beaches, infinity pools, gyms, and concierge services elevate resident lifestyles.
• Trusted Reputation: Palma’s 25-year track record and on-time deliveries build investor confidence.
• Tax-Free Benefits: Dubai’s tax-free rental income and absence of capital gains tax maximize returns.

These advantages make Palma Development properties for sale a smart choice for luxury living and financial growth.

Palma Development Apartments for Sale

Palma Development’s apartments cater to professionals, couples, and families seeking luxury and convenience in Dubai’s prime districts.

• Serenia Living (Palm Jumeirah): Located on the West Crescent, this off-plan project (completion Q4 2025) offers 1-3 bedroom apartments starting at AED 1.75M. Features include private beach access, infinity pools, and 24/7 concierge services, with panoramic views of the Palm and Dubai skyline.
• Silverene Towers (Dubai Marina): Two towers (34 and 25 stories) with 598 apartments (1-5 bedrooms) designed by Hazel Wong. Glass exteriors reflect marina waters, complemented by pools, gyms, and concierge services. Prices start at AED 2.5M.
• Olivara Residences & Park (Dubai Studio City): Lifestyle-focused apartments with green spaces, ideal for young professionals, starting at AED 1.2M. Amenities include parks, fitness centers, and retail outlets.
• Key Features: Open-plan layouts, floor-to-ceiling windows, smart home technology, and proximity to vibrant hubs like Dubai Marina’s restaurants and Palm Jumeirah’s hotels.

Palma Development apartments for sale blend modern aesthetics with strategic locations, offering both comfort and investment potential.

Palma Development Penthouses for Sale

Palma’s penthouses provide exclusive, ultra-luxury living for affluent buyers.

• Serenia Living Penthouses (Palm Jumeirah): Spacious penthouses with private terraces, premium finishes, and views of the Arabian Gulf. Prices start at AED 5M, with completion in Q4 2025.
• The Jewels (Dubai Marina): Duplex penthouses in two 120-meter towers, featuring high-end interiors, private balconies, and access to retail and gyms. Prices start at AED 4M.
• Key Features: Double-height ceilings, customizable interiors, and exclusive amenities like private pools and concierge services ensure prestige and privacy.

Palma Development penthouses for sale redefine luxury with unmatched elegance and prime locations.

Palma Development Townhouses and Villas for Sale

Palma offers elegant townhouses and villas for families seeking spacious, upscale homes.

• The Jewels (Dubai Marina): Includes luxury villas with 3-4 bedrooms, private gardens, and access to retail and business facilities. Prices start at AED 3.5M.
• Palma Residences (Palm Jumeirah): Features 3-5 bedroom townhouses (from AED 11M) and villas (from AED 20M) with private pools and beach access. Recent listings show 4-bedroom villas at AED 20.995M and 5-bedroom villas up to AED 36.725M.
• Key Features: Spacious layouts, maid’s rooms, multiple parking spaces, and proximity to Palm Jumeirah’s amenities like the Palm Monorail and Waldorf Astoria.

Palma Development townhouses and villas for sale offer privacy, luxury, and community living in Dubai’s most coveted areas.

Off-Plan Projects by Palma Development

Palma’s off-plan projects provide early investment opportunities with attractive pricing and high appreciation potential.

• Serenia Living (Palm Jumeirah): A AED 2.5B beachfront development with 1-3 bedroom apartments and penthouses, starting at AED 1.75M. Completion is set for Q4 2025, with flexible payment plans and expected ROI of 6-8%.
• Key Benefits: Lower entry prices, installment plans, and high demand for Palm Jumeirah properties ensure strong returns.

Off-plan projects by Palma Development are ideal for investors seeking luxury and growth in Dubai’s thriving market.

Why Choose Palma Development?

Palma Development stands out for its unique strengths:

• Iconic Portfolio: Completed 12 projects, including Infinity Cayan Tower and Silverene Towers, enhancing Dubai’s skyline.
• Sustainability: Eco-friendly designs and energy-efficient systems align with Dubai’s environmental goals.
• Prime Locations: Properties in Palm Jumeirah and Dubai Marina offer unmatched connectivity and prestige.
• Community Management: Palma manages properties like Silverene Towers, ensuring high upkeep and value growth.
• Charitable Commitment: Supports education and medical initiatives, reflecting social responsibility.
• Global Appeal: Freehold ownership and tax-free benefits attract international buyers.
• Architectural Excellence: Collaborations with designers like Hazel Wong ensure timeless designs.
• Trusted Legacy: 25 years of delivering quality projects builds investor trust.

How to Buy Property by Palma Development?

Purchasing a property from Palma Development is straightforward:

1. Explore Projects: Check out the projects by Palma to review projects like Serenia Living or Silverene Towers. Virtual tours are available—contact us for guidance!
2. Select a Property: Choose an apartment, penthouse, townhouse, or villa based on your budget and preferences.
3. Review Payment Plans: Opt for flexible plans, especially for off-plan projects like Serenia Living, with low booking fees (5-10%).
4. Book Your Unit: Pay the booking fee to secure your property, with online options for international buyers.
5. Sign the Agreement: Complete the Sales Purchase Agreement with Palma’s support team.
6. Complete Payments: Follow the payment schedule and receive handover upon completion.

Eplog’s team offers online consultations, ensuring a seamless process for global buyers—contact us today!