As per a press release by KASCO Developments, it has formally opened for business in the UAE real estate market with an AED 1.20 billion initial investment. It began operating in the real estate market in 2008, the KASCO Group has completed projects including Waves Tower by KASCO, KASCO Tower, KASCO Residence, and Gulf Oasis.
By the end of 2025, the development company plans to sell one million square feet of residential projects, expanding its goal of blending contemporary design with technology. The short-term goals of the company introduce, market, and complete its first three projects. The new company is especially inclined and interested towards investment in Business Bay and Al Jaddaf in Dubai.
KASCO Group carries the expertise of 30 years in project execution, financial management, and strategic planning.
Chairman of KASCO Developments, Mustafa Al Kaissi, stated: “KASCO Developments will differentiate itself in Dubai’s soaring market by prioritizing client well-being and an inspiring living experience.”
Issa Abdul Rahman, CEO of KASCO Developments, commented: “We are bringing the values of professionalism, reliability, and premium quality that have always been at the heart of the KASCO Group to our new real estate ventures.”
Source: propertynews
