
Developer profile
FIVE Holdings Dubai hospitality group led by Kabir Mulchandani
FIVE Holdings is a Dubai hospitality and real estate group led by chairman and CEO Kabir Mulchandani, which began as SKAI Holdings in 2013 and was renamed FIVE in 2017. Its Dubai portfolio includes FIVE Palm Jumeirah, FIVE Jumeirah Village and FIVE LUXE in JBR, home to the Sensoria residences. Explore every FIVE project in our catalog.
- 3projects on Empire City
- 2communities
- 1,700+hotel keys
- Dhs13bntotal assets
- Chairman & CEO
- Kabir Mulchandani
- Company
- Five Holdings Ltd.
- Started
- 2013 as SKAI Holdings
- Rebranded
- FIVE, 2017
- Communities
- Palm Jumeirah, JBR, JVC
- Total assets
- About Dhs13bn
About FIVE Holdings
Kabir Mulchandani started the group in 2013 as SKAI Holdings; it was renamed FIVE in 2017.
In Dubai, FIVE operates FIVE Palm Jumeirah, FIVE Jumeirah Village and FIVE LUXE in JBR, where it also built the Sensoria residences; abroad it operates FIVE Zurich.
In 2023 FIVE acquired The Pacha Group in Ibiza for €303 million. The group reports about Dhs13 billion in assets and over 1,700 keys.
FIVE Holdings Projects in Dubai
3 projects by FIVE Holdings on our site — new launches, projects under construction and ready homes.
Get the Latest FIVE Holdings Price List and Offers
Prices, availability and payment plans change with every launch. Leave your number and we will send you the current FIVE Holdings price list with the best available units.
- New launches
- Payment plans
- Available units
- Floor plans
Master Communities by FIVE Holdings

Palm Jumeirah
FIVE Palm Jumeirah hotel and residences.

JBR & JVC
FIVE LUXE, Sensoria and FIVE Jumeirah Village.
Why Buy from FIVE Holdings
- 01
Hotel operator
Residences run with FIVE's hotels.
- 02
Prime locations
Palm Jumeirah and JBR.
- 03
International brand
FIVE Zurich and Pacha Ibiza.
- 04
Off-plan launches
Staged payment plans.
Frequently Asked Questions about FIVE Holdings
Who leads FIVE Holdings?
Kabir Mulchandani is chairman and CEO.
Is FIVE the same company as SKAI Holdings?
Yes. The group started as SKAI Holdings in 2013 and was renamed FIVE in 2017.
What is Sensoria?
FIVE's residences at FIVE LUXE in Jumeirah Beach Residence.
Do FIVE off-plan projects come with payment plans?
Most off-plan FIVE launches are sold with staged payment plans. The terms differ from project to project, so we send you the current plan for each project you are interested in.
Can foreigners buy FIVE property?
Ownership rules depend on the emirate and the specific project. Our team will check whether foreign buyers can own property in the FIVE project you are interested in and guide you through the purchase.
How many FIVE Holdings projects are listed on Empire City?
Our catalog currently lists 3 FIVE Holdings projects in Dubai, with listed prices starting from $462,900. Contact us for the full, up-to-date list of units for sale.
Choose a FIVE Holdings Property with Our Experts
Tell us your budget and goals — we will shortlist FIVE Holdings projects, send floor plans and payment plans and arrange viewings.




