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Gulf Press > Business > UAE: Kasco Developments plans to invest Dh1.2 billion in new projects – News
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UAE: Kasco Developments plans to invest Dh1.2 billion in new projects – News

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Last updated: 2024/09/20 at 8:54 PM
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Kasco Developments, a prominent real estate developer, announced its plans to invest Dh1.2 billion in three new projects in the UAE. The company has already delivered successful projects such as Waves Tower, Kasco Residence, and Kasco Tower, and aims to focus on the Business Bay and Al Jaddaf areas for its upcoming developments. The chairman of Kasco Developments, Mustafa Al Kaissi, highlighted the company’s commitment to prioritizing client well-being and delivering an inspiring living experience. Their philosophy, captured by the slogan “Inspire Your Soul,” emphasizes a blend of design, functionality, and an inspiring atmosphere.

Dubai’s property market has continued to shine globally, with buyer confidence remaining strong and attracting new developers to the market. The total number of transactions in Dubai has reached 104,250 in the first eight months of 2024, closing in on the total transactions recorded in the previous year. Kasco Developments aims to create spaces that inspire and elevate lifestyles, focusing on design, energy, and quality to offer a unique living experience. The CEO of Kasco Developments, Issa Abdul Rahman, emphasized the company’s dedication to professionalism, reliability, and premium quality in their real estate ventures.

With a vision to develop and sell 1 million square feet of residential projects by 2025, Kasco Developments plans to introduce forward-thinking real estate concepts that incorporate modern design trends and technology to set new industry benchmarks. The company aims to differentiate itself in Dubai’s competitive market by offering more than just luxury, but crafting homes that align design, energy, and quality to create a unique living experience for residents. Kasco Developments is committed to bringing values of professionalism and reliability to their new projects, ensuring that their developments meet the highest standards of quality and innovation.

The leadership team at Kasco Developments, including the head of engineering Haider Al Mansouri, COO Marwan Al Kaissi, and CFO Ramzi Batchoun, are focused on delivering exceptional real estate projects that meet the evolving needs of Dubai’s property market. By focusing on areas such as Business Bay and Al Jaddaf, Kasco Developments aims to capitalize on the thriving local property market and offer inspiring living spaces for residents. The company’s commitment to inspiring lifestyles and elevating modern living experiences sets them apart in Dubai’s competitive real estate sector, with a strong emphasis on design, functionality, and quality in their developments.

In conclusion, Kasco Developments’ announcement of investing Dh1.2 billion in new projects in the UAE reflects the company’s commitment to delivering exceptional real estate developments that prioritize client well-being and inspire unique living experiences. With a focus on areas such as Business Bay and Al Jaddaf, Kasco Developments aims to differentiate itself in Dubai’s competitive market by offering spaces that blend design, functionality, and an inspiring atmosphere. As Dubai’s property market continues to thrive globally, Kasco Developments is poised to set new industry benchmarks with their forward-thinking concepts and commitment to professionalism, reliability, and premium quality in their real estate ventures.

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News Room September 20, 2024
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