Palma Holdings
Biggest pool of developers in Dubai
About:
Palma Holding is an esteemed real estate development company specializing in luxury properties. Established in 1998, Palma Holding is one of the oldest and most respected developers in Dubai.
Actual projects
Co-founded by Kareem Derbas and Rauf Derbas, Palma Holding Properties is actively engaged in charitable activities in the fields of medicine and education. Their philanthropic initiatives include funding school construction in Lebanon, organizing blood drives and charity marathons, and distributing gifts during Ramadan. The developer has successfully completed several innovative projects, such as the Silverene Towers in Dubai Marina and the Infinity Cayan Tower, which generate substantial profits each year.
In 2018, Palma Holding fulfilled its ambition by constructing Serenia Residences, a premier residential complex in Palm Jumeirah. The complex comprises apartments ranging from 1 to 3 bedrooms, as well as penthouses, with prices starting from AED 1,750,000.
*The price is valid for 2022
Notable Projects:
Let's now explore the iconic properties developed by Palma Holding.
Silverene Towers:
Situated in the Dubai Marina district, this waterfront residential tower is designed by acclaimed architect Hazel Wong. Offering elite apartments, Silverene Towers boast panoramic windows, spacious balconies, and premium finishes with natural marble. The complex also features adult and children's pools, a modern gym, covered parking, and 24-hour concierge service. Apartment prices start at AED 45,000.
*The price is valid for 2022
Serenia Residences:
Located in Palm Jumeirah, Serenia Residences is a high-end coastal apartment complex comprising units with 1 to 3 bedrooms, as well as penthouses. The apartments are sold fully furnished with appliances, and prices start at AED 2,200,000. The complex offers amenities such as a swimming pool, gym, children's playground, barbecue area, basketball court, private parking, and 24-hour concierge service.
*The price is valid for 2022
The Jewels:
Situated in the heart of Dubai Marina, The Jewels is a luxurious residential project consisting of two 120-meter towers. The complex includes a variety of apartments, from 1 to 3 bedrooms, as well as duplexes, penthouses, and villas. Amenities at The Jewels include retail stores, landscaped gardens, a swimming pool, a gym, a sauna, children's playgrounds, and a small business center with a conference room.
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Long-term or short-term rental
I'm considering renting out my one-bedroom apartment, and I'm wondering whether a long-term or short-term rental would be more advantageous?
To generate passive income, one can explore the option of renting real estate in Dubai, which includes both short-term and long-term rental opportunities. Short-term rentals can yield substantial profits but come with the drawback of potential vacant periods, particularly during the off-season. In contrast, long-term rentals offer a more consistent income stream, albeit at a lower daily rate.Published: 2024.10.18LearnMoreDubai sights – where to go and what to see in 2022
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