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Kareem Derbas CEO & Co-Founding Partner

Our Team

Kareem is the Co-Founder, Partner and CEO of Palma Holding. He has over a decade of experience in Dubai’s real estate market, where he has developed the group into a fully-integrated real estate company, with services ranging from development, brokerage, investment and asset management. At the peak of Dubai’s real estate boom, Kareem was managing a property portfolio in excess of AED 10 billion. (USD 3 billion).

Kareem is also the CEO, Partner & Board Member of Palma Asset Management, which is an asset management company that owns and manages `A`’ class retail assets.

Kareem was also the Co-Founding Partner and CEO of Cayan Investment & Development since its inception up until 2013, where he divested his shares in the company to fully focus on growing Palma Holding. Prior to co-founding the company, Kareem worked as an Executive Management Consultant at Ernst & Young in London. Prior to that, he was a Risk Management Consultant at Arthur Andersen.
He is currently participating in an executive education program at Harvard Business School and expects to be completed by early 2016. He also holds a Bachelor’s Degree in Business Administration (with Honours) from the American University of Beirut. He speaks English, Arabic and Spanish.

  • Raouf Derbas
    Principal Founder
  • Kareem Derbas
    Founder & CEO
  • Rana Hariz
    Executive Director - Sales, Leasing & Operations
  • Omar Derbas
    Executive Director - Development & Engineering
  • Basel Chakour
    Senior Project Manager