KASCO Developments unveils AED 1.2bn investment in three major projects in Dubai

KASCO Developments unveils AED 1.2bn investment in three major projects in Dubai

KASCO Developments, a new venture floated by the UAE-based real estate major KASCO Group, announced the launch of its initial three projects, with an investment of over AED 1.2 billion.

The projects will be developed in sought-after Dubai neighbourhoods, such as Business Bay and Al Jaddaf.

It plans to develop and sell 1 million square feet of residential projects by 2025.
 

The company said the new venture will draw on its parent KASCO Group’s 30 years of experience in project execution, financial management, and strategic planning.

“We plan to create spaces that inspire and elevate lifestyles. This is not just about luxury but about crafting homes where design, energy, and quality align to offer a unique living experience,” said Mustafa Al Kaissi, Chairman of KASCO Developments.

He said KASCO Developments will differentiate itself in Dubai’s soaring market by prioritising client well-being and an inspiring living experience.

Issa Abdul Rahman, CEO of KASCO Developments, said the company will be bringing the values of professionalism, reliability, and premium quality that have always been at the heart of the KASCO Group.

The Group, which has been involved in the UAE’s real estate sector since 2008, has a portfolio of successfully delivered projects such as Waves Tower by KASCO, KASCO Residence, KASCO Tower, and Gulf Oasis.