Palma Development

Developer · Dubai · Premium

Palma Development is building 2 projects and 1,236 homes in Dubai. Buyers paid a median AED 2,596 per sqft for its off-plan homes from Jul 2025 to Jun 2026.

Updated 27 Oct 2026
Handover record2 completed
1of 2 on time

Handed over within 3 months of the promised date. The typical project finished a quarter late. Too few dated handovers to rate as a share yet.

1on time1late
Projects underway2#98 in Dubai
Homes underway1,236#53 in Dubai
Median paidAED2,596/sqftCity median AED 1,823
Entry pricefrom AED1.9MLowest prices actually paid

Projects. 2 underway, 2 delivered.

Serenia District - WestJumeirah Heights4232,519Q4 2028promisedJumeirah Heights · 423 homes · 2,519/sqft
Serenia District - EastJumeirah Heights8132,643Q2 2030promisedJumeirah Heights · 813 homes · 2,643/sqft
Serenia LivingPalm Jumeirah2274,509May 20262 quarters latePalm Jumeirah · 227 homes · 4,509/sqft
Serenia Residences The PalmPalm Jumeirah2423,465Mar 2018on timePalm Jumeirah · 242 homes · 3,465/sqft

Median paid is every registered home sale in the project from Jul 2025 to Jun 2026, off-plan and resale; under 10 sales it reads few sales. Handover is the completion date declared on the register, and for a completed project the month of its first ready-market sale.

Where it builds. Paid price against each area.

Jumeirah Heights2 projects+2% over the area2 projects · 2,542 vs 2,504
Palm Jumeirah2 projects+8% over the area2 projects · 4,022 vs 3,740
Palma DevelopmentArea median

Median AED per sqft of registered home sales, Jul 2025 to Jun 2026: Palma Development’sprojects in the area against every sale in the area. Areas with fewer than 10 of its sales are left out.

Questions.

Does Palma Development hand over on time?

2 of its completed Dubai projects have a dated handover, and 1 of them came within 3 months of the completion date declared on the register. That is too few to rate as a share: Esto rates a developer's record from 10 dated handovers.

What do buyers pay per sqft in Palma Development projects?

Registered off-plan sale deeds in Palma Development projects from Jul 2025 to Jun 2026 had a median of AED 2,596 per sqft across 201 deeds, against a Dubai median of AED 1,823. That puts it in the premium band. Its entry price, the 3rd percentile of what buyers paid, is AED 1.87M. These are deeds, not a price list.

How many projects is Palma Development building in Dubai?

2 projects with 1,236 homes are under construction on the Dubai Land Department register, #98 in the city by projects and #53 by homes, and 2 projects are completed. Every one is listed on this page.

Where do these figures come from?

Projects, homes and completion dates come from the Dubai Land Department project register (as of 28 Sep 2026). Prices are registered sale deeds, never a price list. A handover is dated by the first ready-market sale after off-plan sales opened, which trails the keys, so every lateness figure is a floor. Esto compiles the register as it is: nothing on this page is paid for, and a developer cannot change a figure or a rank.

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