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Home / Dubai Developers / Palma Development
DUBAI DEVELOPER PROFILE

Palma Development

The company story, portfolio perspective and official website.

Luxury & waterfrontReviewed 28 October 2026

The story behind Palma Development

Palma Development was established in 2002 and is led by founder Kareem Derbas. Its company history follows a progression through Dubai Marina addresses and coastal residences into larger residential communities. Serenia is a recurring name within its portfolio, linking the company’s identity with waterfront living and residential design.

Portfolio & approach

The official site references Serenia Residences and Serenia Living on Palm Jumeirah, Serenia District at Jumeirah Islands and Olivara in Dubai Studio City. These are portfolio examples, not an availability list. Assess the specific phase, legal entity and service arrangements when comparing properties.

Places associated with the portfolio

Palm JumeirahDubai MarinaJumeirah IslandsDubai Studio City

Portfolio reference points

Examples and areas of activity described in the linked sources. These are not current offers of sale.

  • Serenia Residences
  • Serenia Living
  • Serenia District
  • Olivara

Sources & official links

Company history and portfolio descriptions are summarised from the sources below. Marketing positions belong to the company; this profile is not a performance rating.

Palma Development — official websiteVisit website ↗Company background / official portfolioRead source ↗Dubai Land Department developer registerCheck the official record ↗

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