KASCO Developments launches in UAE property market with AED 1.2 billion investment

Dubai: KASCO Developments, the latest venture from the prominent KASCO Group, has officially launched into the thriving UAE property market.

Having been involved in real estate since 2008, KASCO Group boasts a portfolio of successful projects, including Waves Tower by KASCO, KASCO Residence, KASCO Tower, and Gulf Oasis.

Building on the group's longstanding legacy across multiple sectors, KASCO Developments aims to innovate and create lifestyle-driven, premium residential spaces. In the short term, the company will focus on launching, selling, and delivering its first three projects, with an initial investment of over AED 1.2 billion. Areas of particular interest in Dubai include Business Bay and Al Jaddaf.

The new venture leverages KASCO Group's 30 years of experience in project execution, financial management, and strategic planning.

"KASCO Developments will stand out in Dubai’s booming market by prioritizing client well-being and offering an inspiring living experience. Our philosophy, captured by the slogan 'Inspire Your Soul,' goes beyond traditional luxury by blending design, functionality, and atmosphere,” said Mustafa Al Kaissi, Chairman of KASCO Developments.

“We aim to create spaces that elevate lifestyles. It’s not just about luxury; it's about crafting homes where design, energy, and quality come together to provide a unique living experience. We are bringing the professionalism, reliability, and premium quality that have always defined the KASCO Group to our new real estate ventures,” added Issa Abdul Rahman, CEO of KASCO Developments.

With a vision to develop and sell 1 million square feet of residential projects by 2025, the company plans to introduce forward-thinking real estate concepts, incorporating modern design trends and technology to set new industry benchmarks.