Founded in 2011 as SKAI Holdings and rebranded in 2017, FIVE Holdings is a vertically integrated luxury real estate and hospitality group based in Dubai. It owns and operates high-profile properties including FIVE Palm Jumeirah, FIVE Jumeirah Village, FIVE LUXE, and FIVE Zurich (Switzerland). The company is recognized for its immersive lifestyle destinations that blend luxury living, entertainment, and dining through award-winning hotel-residential developments.

FIVE Holdings reported substantial profits and growth in recent years. The company issued a $350 million green bond on Nasdaq Dubai and a $500 million sukuk listed in London. With a top-tier ‘A’ ESG rating and a Fitch Stable outlook, FIVE demonstrates strong financial discipline, low leverage, and funding resilience—supported by major projects across multiple global markets.

FIVE is celebrated for bold architectural design, luxury finishes, and experiential amenities. Projects like FIVE Palm Jumeirah and FIVE Jumeirah Village earned multiple design awards and LEED Platinum certifications. Developments are delivered on time, leveraging fully in-house construction, cost control, and exceptional site oversight.

The firm follows global best practices in ESG, escrow, green bond issuance, and regulatory reporting. It holds full hospitality and development licenses, with no material litigation or regulatory fines reported in core markets. Its London and Dubai financial listings are evidence of continued transparency and compliance.

Guest and resident experiences are largely positive, celebrated for luxury service and entertainment-driven hospitality. Some concerns exist around hotel apartment ownership dynamics—residents need clarity regarding property control, rental income transparency, and regulatory considerations for serviced units.

FIVE is known for high-energy luxurious destinations and is consistently ranked among top GCC developers. It leads in experiential hospitality, thrives in luxury brand partnerships, and has won numerous awards in design, ESG, and workplace recognition. Founder Kabir Mulchandani, a Forbes billionaire, continues to drive strategic growth.

FIVE is a global sustainability leader—with LEED Platinum certification for all Dubai and Zurich hotels, net-zero electricity design features, full solar power sourcing, and the world’s only ‘A’ ESG rating. Their “Sustainable Indulgence” ethos combines luxury with energy efficiency, waste reduction, renewable resources, and certified green financing.