Holm Developments was established in 2023 in Dubai by two visionary leaders: Sergey Avayan, an entrepreneur with over twenty years of international real estate development experience, and Mahmud Raad, a specialist with a strong track record in delivering residential towers across the UAE.
The company was officially launched in 2025, following years of strategic land acquisition and data-driven decision-making. Holm distinguishes itself through a patient, intentional approach — shaped by time rather than trends.
Core Principles
- Precision: every decision guided by analysis and rigour
- Longevity: creating spaces that retain value across generations
- Financial independence: all projects are fully self-funded
- Accountability: complete control from acquisition to delivery
Holm's philosophy centres on timelessness — crafting homes that remain relevant and elegant for decades. Rather than simply constructing buildings, Holm creates lasting communities woven into Dubai's urban fabric.
With a total investment of AED 1.1 billion in Dubai to date, Holm Developments has firmly established itself as a credible and serious player in the UAE's premium real estate market.







