Developer Verified by Inside Realty
Kasco Development is a company founded in 1986. It is part of the family conglomerate Kasco Group. Initially, they were engaged in trading in various sectors: oil and gas industry, shipping, marine services, transport and logistics. Over time, namely in 1996, the company became involved in property development by acquiring land plots in various regions of the UAE. In 2010, Kasco Development completed its first residential project in the UAE, Gulf Oasis Hotel Apartments; in 2012 Kasco Tower was realised; in 2019 — Kasco Residence; and in 2021 — Waves Tower.
Kasco Development is led by chairman Mustafa Al Qaissi. The main figures in the management team are CEO Issou Abdul Rahmana, COO Marwana Al Qaissi, CFO Ramzi Batchouna, Head of Engineering Haider Al Mansori and Chief Designer Ann Al Qaissi.
Kasco Development adopts an integrated approach to construction. The developer endeavours to cover the full range of activities and takes responsibility at every stage of the project. The process starts with an idea. The team selects strategic locations for projects and develops architectural and interior concepts. During the execution phase, they manage all aspects of construction. Once completed, Kasco Development continues to support the projects through the maintenance and client relations teams.
Kasco Development's mission is to build residential developments that foster the personal development of residents by strengthening a sense of unity and belonging to the community. The main objective is to develop an innovative idea of comfortable living, focusing on individual well-being and a sense of belonging by rethinking approaches to the layout of living spaces. The company adheres to the principles of sincerity, excellence in execution, originality of thought and a unique approach, putting the interests of the consumer first. Kasco Development focuses on innovation, bypassing standard methods by putting customer satisfaction at the centre of all solutions.
Prominent among the developer's projects is Onda by Kasco, located at Business Bay. This 23-storey development comprises studios and 1-3 bedroom apartments. Owners of these apartments by Kasco Development have access to amenities including swimming pools with water beds, lounging areas, jogging tracks, yoga rooms, spa, gym, co-working spaces, outdoor fitness centre, sauna and steam room. Another project, Val by Kasco, located at Al Jaddaf neighbourhood, also offers 1-3 bedroom apartments. The location near Ras Al Khor Creek provides beautiful views and convenient access to key locations in the city.
At the moment, Kasco Development is focused on the property market in Dubai. The company may consider expanding into other UAE emirates such as Abu Dhabi or Sharjah. These regions have seen strong growth in construction in recent years. Such a concept will provide the property developer with new opportunities for growth and increase its customer base.
Collaboration with leading architects, design studios and technology companies could also become an important area of development for Kasco Development. Utilising the world's best practices and partnering with well-known brands will help them improve their reputation and attract new investors.
In the coming years, Kasco Development is likely to continue its development strategy in the premium property segment. Expansion of the construction geography, development of new concepts of residential complexes and introduction of environmental solutions may become the main vectors of growth.
Hi, I'm Viktoria
Hi, I'm Viktoria
UAE Investment Expert at Inside Realty
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