Developer of the Month for April 2025: Palma Development
At MyBayut, we highlight the top developers making an impact in the UAE real estate market each month through our “Developer of the Month” series. Their stories, visions and approaches help us better understand the landscape. This month, we will look closer at Palma Development, one of Dubai’s established names that has leveraged its experience to build an impressive property portfolio. Let’s explore their journey and developments in Dubai.
About Palma Development
Palma Development’s entry into the real estate sector began with the establishment of Palma Real Estate, where they provided exceptional real estate services to clients seeking investment opportunities that met their needs. In 2002, they expanded their focus to real estate development, recognising the industry’s importance of quality and innovation. By 2025, they have firmly established themselves as a trusted real estate developer, with properties valued at AED 16 billion and 8 million sq. feet developed.
When it comes to visionary developments, Serenia District and Serenia Living stand at the forefront of luxury living in Dubai. These iconic waterfront projects, developed by Palma Development, are redefining the standards of high-end residential communities with a thoughtful blend of design, location, and lifestyle.
Serenia Living, located on the coveted west crescent of Palm Jumeirah, is a limited collection of ultra-premium residences that offer sweeping views of the Arabian Gulf, Burj Al Arab, and Dubai Marina skyline. Every unit is crafted to perfection, with refined interior finishes, floor-to-ceiling glass, and expansive terraces that blur the lines between indoor and outdoor living. The project boasts world-class wellness and leisure facilities, including an infinity pool overlooking the sea, slated to be one of the largest in Dubai, a state-of-the-art gym, spa treatment rooms, a private cinema, a business lounge, and bespoke concierge services — delivering a resort-style experience in the comfort of your home.
Residents also benefit from direct beach access and an exclusive, serene environment that offers both privacy and prestige.
Serenia District is a thoughtfully designed community featuring six residential towers and the signature Serenia Clubhouse. The development offers a range of resort-inspired amenities, including a panoramic infinity pool, a state-of-the-art gym, a rooftop café, male and female spas, an indoor paddle court, a half basketball court, a games room, and various retail and food and beverage spaces. These facilities are meticulously designed to elevate the overall living experience for residents.
Serenia District master plan launch started with West Residence, the first out of the 6 towers of the project. It rises 46 floors, housing 419 units ranging from one to three-bedroom apartments.
Both Serenia District and Serenia Living exemplify Palma Development’s dedication to creating communities offering residences and holistic lifestyles. Through thoughtful design, exceptional amenities, and a focus on wellness and community, these developments aim to provide residents with unparalleled living experiences in the heart of Dubai
Projects by Palma Development
Palma has 15 projects in the UAE worth AED 16 billion. Let’s get to know them better:
Completed Projects
These properties by Palma Development have been completed and handed over:
- Serenia Residences The Palm
- Silverene Towers – Dubai Marina
- Cayan ‘Infinity’ Tower – Dubai Marina
- La Residencia Del Mar – Dubai Marina
- Olivara Residences and Park – Dubai Studio City
Off-Plan Properties by Palma Development
- Serenia Living at Palm Jumeirah
- Serenia District at Jumeirah Islands
- LaMer Private Villa
Frequently Asked Questions
What are the most notable projects completed by Palma Development?
Olivara Residences and Park and Infinity Cayan Tower are some notable projects by Palma Development.
How does Palma Development differentiate itself from other real estate companies in Dubai?
Palma Development offers the highest quality properties, focusing on innovation and exceptional lifestyle. They ensure that these properties create above-average market returns and are excellent investment opportunities.
What are Palma Development future plans and expansions?
Palma Development will complete Serenia Living The Palm this year and will focus on creating more stellar properties like West Residence at Serenia District by 2028.
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