International conglomerate known in the UAE for XXII Carat, a landmark collection of ultra-luxury beachfront villas on Palm Jumeirah.
2008
Founded
SKAI Holdings
A Dubai real estate and hospitality group founded in 2011, behind Viceroy/FIVE Palm Jumeirah. Explore projects and talk to a specialist who knows the portfolio.
1
Delivered
1
Areas
About SKAI Holdings
SKAI Holdings is a Dubai real estate and hospitality group founded in 2011 by Kabir Mulchandani, later rebranded as FIVE Holdings. Its projects include the landmark Viceroy Palm Jumeirah, now FIVE Palm Jumeirah, and FIVE Jumeirah Village. Today it is primarily a hospitality and entertainment group. For current availability, use the listings on this page and speak with a specialist.
TRACK RECORD. A Dubai developer since 2011, now a hospitality-led group. WHERE THEY BUILD. Palm Jumeirah, JVC and The Greens. POSITIONING. Landmark hotel-and-residence developments.
2011
SKAI Holdings founded.
SKAI Holdings founded - a milestone in SKAI Holdings's track record.
2017
Viceroy Palm Jumeirah opened; group rebranded toward FIVE.
Viceroy Palm Jumeirah opened; group rebranded toward FIVE, one of SKAI Holdings's developments.
2019
FIVE Jumeirah Village opened.
FIVE Jumeirah Village opened, one of SKAI Holdings's developments.
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FAQ
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Is SKAI Holdings reliable?
SKAI, now FIVE Holdings, has delivered landmark hotel-and-residence projects since 2011. It is now primarily a hospitality group.
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When was SKAI founded?
2011. It later rebranded to FIVE Holdings.
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What does SKAI offer?
Hotel-branded residences. Availability varies - check the listings on this page.
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Does SKAI sell off-plan or ready property?
Mostly delivered, hospitality-led stock; availability varies.
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How do I get current prices?
Prices are project-specific. Contact a specialist through this page for current figures.
Other Developers
IQUNA Properties is a boutique Dubai developer led by Jassim Alseddiqi, with its Avida Residences project on Dubai Islands delivered via a subsidiary and a development-management partner. We could not verify a founding year, so we are not stating one here.
2024
Founded
Regional brand name mapping to multi-entity hospitality assets in Abu Dhabi and real estate in Saudi Arabia rather than a single standalone UAE property developer.
1997
Founded
UAE residential developer active in Dubai and Ras Al Khaimah, with projects including La Mer by Elie Saab branded residences alongside developments in JVC and Downtown Dubai.
2023
Founded
GFS Developments is a Dubai developer known for value-focused residential projects, including the Coventry series across Dubai South, JVC and Dubailand Residence Complex.
2005
Founded
Abu Dhabi developer known for the Al Reef community of villas and apartments, with residential projects across the emirate.
2006
Founded
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