Five Holdings (Skai)
Chairman/CEO: Kabir Mulchandani
Country of origin: United Arab Emirates
Year established: 2011
Skai Holdings, recently changed to FIVE Holdings, is a real estate investment group based in Dubai, owned by Kabir Mulchandani and established in 2011. Their change of brand name has been inspired to reflect a corporate philosophy derived by five elements: earth, air, fire, water, and consciousness. Their project portfolio includes Viceroy Palm Jumeirah Dubai, Villa Heights and Jumeirah Village Circle. Five Holdings is currently developing its second UAE-based hospitality project called Viceroy Jumeirah Village Dubai. The company offers a wide range of services across four key factors; investment, restructuring, development and hospitality. Along with incredible architectural structures, the developers have contributed much of their abilities towards contributing to the society and the economy, making an international outstanding name for themselves. Collectively, their company has manifested in over $2-billion worth of real estate.