KASCO Developments

## KASCO Developments: Family-Founded Innovation Leader Redefining Wellness Living in Dubai's Prime Locations KASCO Developments has arrived in Dubai's residential development market with the confidence of a company rooted in nearly four decades of UAE business heritage and the ambition of a developer determined to set new standards for what wellness-focused, design-forward living can achieve. Part of the KASCO Group — a family-owned UAE conglomerate with roots in the region since 1986 and active real estate interests since 2008 — KASCO Developments made its developer debut with extraordinary conviction: announcing a combined first-portfolio investment of AED 1.2 billion ($327 million) across three landmark projects in Dubai's most dynamic locations, positioning the company immediately among the most significant new development forces in the emirate. As reported by Arabian Business, Gulf News, and Zawya, KASCO Developments' entry into the development market was not a tentative single-project test — it was a three-project statement of intent: Onda in Business Bay, Val in Al Jaddaf Waterfront, and Volna (also Al Jaddaf), each conceived around the company's core philosophy of creating customer-centric, lifestyle-focused residences with bespoke modern design and exceptional wellness programming. ### Company Heritage: KASCO Group Since 1986 The KASCO Group's 38-year history in the UAE provides KASCO Developments with a foundation that purely development-focused companies simply cannot replicate. The group's deep understanding of the UAE business environment, its network of relationships across government, finance, and industry, and its established track record of responsible business operation create the institutional credibility that sophisticated investors require when committing capital to off-plan developments. According to the official KASCO Group website, the company's real estate involvement dates to 2008 — meaning the development team's market experience encompasses the full cycle of Dubai's modern property era, including the recovery and regulatory transformation that produced today's world-class investment environment. KASCO's development philosophy centres on delivering customer-centric residences that prioritise well-being and community engagement — a mission that goes beyond conventional residential development to encompass the full resident lifecycle: how spaces are designed to support health, how communities are programmed to enable connection, and how buildings are managed to sustain the quality of the initial delivery over the long term. ### ONDA: The AED 500 Million Wellness Landmark in Business Bay ONDA — KASCO Developments' debut project — is a landmark statement in one of Dubai's most dynamic and permanently evolving communities: Business Bay. The AED 500 million ($136 million) development is explicitly positioned as a wellness-focused residential destination, bringing the kind of comprehensive health and wellbeing amenity typically associated with branded wellness hotels into a privately owned residential context. **Project Specifications** ONDA delivers 348 total residences across a carefully curated mix: - **Studios**: 85 units, from 449 sq ft - **1-Bedroom units**: 190 apartments, from 848 sq ft - **2-Bedroom units**: 69 apartments, from 1,246 sq ft - **3-Bedroom units**: 4 exclusive top-floor apartments, from 3,025 sq ft — featuring private pools and breathtaking Dubai skyline views **Pricing and Payment** - Starting price: AED 1,077,777 for studio residences - Payment plan: 20% deposit on booking, 20% during construction, 60% on handover - Completion: Q2 2027 **The ONDA Wellness Universe** ONDA's wellness amenity programming represents the development's most distinctive feature — a comprehensive approach to resident wellbeing that encompasses: - **Advanced gymnasium**: State-of-the-art fitness equipment and programming - **Running track**: Rare in Business Bay's vertical development typology - **Premium spa**: Featuring cold plunge facilities and sauna — high-performance recovery tools increasingly demanded by fitness-conscious urban professionals - **Indoor swimming pool**: Year-round aquatic training and leisure - **Outdoor swimming pool**: Open-air aquatic experience and social gathering - **Comprehensive wellness programming**: The full range of mental, physical, and social wellbeing infrastructure For Business Bay — Dubai's most densely populated professional community, with 60,000+ residents within the CBD — wellness amenity is not a luxury differentiator but an increasingly essential requirement for attracting the educated, health-conscious, high-earning residents who define the community's character. ### VAL: Waterfront Living at Al Jaddaf Val by KASCO brings the developer's wellness philosophy to Al Jaddaf Waterfront — one of Dubai Creek's most dramatically improving residential addresses, positioned at the historic junction of the creek and the Dubai Waterfront Canal. The development offers apartments from studio to 2-bedroom configurations with starting prices from AED 870,000 — providing accessible entry to a location that has experienced significant capital value growth as the Al Jaddaf transformation from industrial to luxury waterfront has accelerated. **VAL's Lifestyle Infrastructure** - Resort-style swimming pool - Yoga area for mindfulness practice - Sauna for recovery and wellness - Fully equipped gymnasium - Q4 2026 completion — near-term delivery providing quick income generation **Payment**: 40/60 plan — 40% during construction, 60% at completion ### VOLNA: Al Jaddaf's Third KASCO Dimension VOLNA, the third component of KASCO's inaugural AED 1.2 billion portfolio, continues the Al Jaddaf waterfront theme with an AED 100 million investment that broadens the company's product range within the same community — allowing KASCO to create a genuine neighbourhood presence in Al Jaddaf rather than a single-building footprint. ### Al Jaddaf: Dubai's Most Exciting Waterfront Transformation Al Jaddaf's transformation from historic dhow-building yards to premium waterfront residential community represents one of Dubai's most extraordinary urban regeneration stories. The district's position — on the Dubai Creek waterfront, adjacent to the Dubai Healthcare City, and within proximity of Downtown and DIFC — creates an address that combines genuine waterfront character with urban professional connectivity. According to Bayut's annual analysis, Al Jaddaf has experienced among the strongest capital appreciation rates of any Dubai community since 2022, driven by infrastructure delivery, the completion of luxury hotels (W Hotel Al Habtoor City proximity), and the dramatic improvement of Creek-facing public realm. | Project | Location | Value | Units | Starting Price | Completion | |---|---|---|---|---|---| | ONDA | Business Bay | AED 500M | 348 | AED 1.08M | Q2 2027 | | VAL | Al Jaddaf | — | Studios–2BR | AED 870K | Q4 2026 | | VOLNA | Al Jaddaf | AED 100M | TBA | TBA | TBA | KASCO Developments' combination of 38-year KASCO Group heritage, AED 1.2 billion debut investment, wellness-centred product philosophy, and prime Business Bay and Al Jaddaf locations positions it as one of Dubai's most credible and ambitious new residential development forces — a company whose family business integrity and genuine wellness vision create a compelling alternative to the marketing-led launches that characterise less principled market entrants.