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Developer profile · Dubai

Palma Development

Palma Development is the development arm of Palma Holding, a Dubai group that began in real estate services and moved into development in 2002.

Founded
2002
Head office
Dubai, UAE
Serenia Residences The Palm✦Serenia Living✦Serenia District✦Cayan Tower✦Silverene Towers✦
  • 2002Founded24 years building
  • 5Signature projectsKnown for
  • Same dayPrice lists from CBAFloor plans and payment plans
  • Before launchNew release alertsRegister with our off-plan desk

Who they are

The Palma story

Palma Development is the development arm of Palma Holding, a Dubai group that began in real estate services and moved into development in 2002.

It also runs community management and brokerage businesses. Palma works at the upper end of the market and is best known for its Serenia brand. Completed projects include Serenia Residences and Serenia Living on Palm Jumeirah, Silverene Towers, Cayan (Infinity) Tower and La Residencia Del Mar in Dubai Marina, and Olivara Residences in Dubai Studio City.

Its main current scheme is Serenia District at Jumeirah Islands, a multi-tower community of East and West Residences planned for completion over several years. The company puts its UAE portfolio at 15 projects and about 8 million sq ft.

Known for

  1. 01Serenia Residences The Palm
  2. 02Serenia Living
  3. 03Serenia District
  4. 04Cayan Tower
  5. 05Silverene Towers

Before the public launch

Be first in line for the next Palma release.

The best floors and payment plans usually go to buyers who registered early. Tell us what you are after and we will send Palma launches the moment price lists land.

WhatsApp the desk
  • 01Price lists first

    Every unit and floor plan, before the advertising starts.

  • 02Payment plans compared

    Side by side with similar launches nearby, so you know what is fair.

  • 03Checks done for you

    DLD registration and the RERA escrow account confirmed before you pay.

Buying from Palma with CBA

From reservation to keys

One advisor from the first price list to handover, then resale or leasing when you are ready.

  1. 01Choose and reserve

    We shortlist units from the full price list and hold your pick with the booking deposit.

  2. 02SPA and Oqood

    You sign the sale agreement and the unit is registered with DLD in your name.

  3. 03Pay into escrow

    Instalments go to the project's RERA escrow account, never to a personal account.

  4. 04Snag and handover

    CBA Inspect checks the home before you accept the keys.

  5. 05Live, rent or resell

    Move in, or let CBA Management lease or resell it for you.

FAQ

Palma: questions buyers ask

Straight answers from the advisors who handle these questions every day.

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Still have a question?

Ask an advisor. Real answers, usually within the hour.

01How do I get the latest Palma Development price list?

Ask our off-plan desk. We send the current price list, floor plans and payment plan for any Palma Development project, usually the same day.

02Can I buy a Palma Development property through CBA Real Estate?

Yes. CBA Real Estate is a RERA-registered broker (ORN 39665). We arrange the reservation, the sales and purchase agreement and the registration with the Dubai Land Department for you.

03What should I check before buying off-plan from Palma Development?

Check that the project is registered with the Dubai Land Department and has a RERA escrow account, that your payments go into that escrow account, and that the sale is registered on Oqood. Read the payment plan and the handover date in the agreement.

04Can CBA help me resell or rent out a Palma Development home?

Yes. We value it against recent sales in the same building, market it to our buyers and on Property Finder, and manage the transfer. We can also lease and manage it for you.

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