Palma Holding

Palma Holding is a Dubai-based luxury real estate developer founded in 1998. Over 25 years it has delivered more than 8 million sq ft of property (worth ~AED 10 billion) in prime Dubai districts. Its portfolio includes about 12 upscale projects. Palma focuses on bespoke residential communities that promise exceptional lifestyles and strong investment returns.
The company has won major industry awards. At the 2025 Arabian Property Awards it earned honours in all categories it entered. Its La Mer Private Home project won “Best Luxury Single Family Home” at the 2025 Luxury Lifestyle Awards, underscoring Palma’s design excellence.
Palma was co‑founded by Rauf Derbas and is now led by CEO Kareem Derbas. The firm emphasizes corporate responsibility – for example, funding school construction in Lebanon and other regional charitable initiatives. Its developments are Dubai-based, but freehold ownership and tax‑free policies give them broad appeal to international buyers