Artificial Intelligence
Builders Company
Developers/FIVE Holdings
FH
FIVE HoldingsDubai, United Arab Emirates · founded 2011 · 2 active markets
PRIVATE

FIVE Holdings develops and operates luxury, experiential hotels, residences, and mixed-use lifestyle destinations in the United Arab Emirates, Spain, Switzerland, and the United States, serving hotel guests, residents, investors, and entertainment audiences through integrated real-estate and hospitality businesses and development.

Years in business
15
founded 2011
LinkedIn headcount
85
employees, as shown on LinkedIn · size band 1,001–5,000
Portfolio value
AED 13 billion
to date
Assets under management
AED 13 billion
to date
Projects last researched October 15, 2026
Every figure on this card was read out of a document.

Overview

Investor tear sheet

a summary of the tabs that follow · no rating of our own

Company dossier

Legal name
FIVE Holdings (BVI) Limited1
Headquarters
Dubai1, United Arab Emirates
Founded
20111
Entity type
PRIVATE1
Business model
offplan for sale1, commercial1, mixed use1, masterplan
Markets
2 markets listed
What they build
Hotel (5 of 6) · Hotel residences (3 of 6) · Residential, for sale (1 of 6)
Full dossier in About →

Delivery record

5 date-assessed of 6 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-15 through 2026-10-15, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 0 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
6
within the rolling ten-year window
Median delay
+4.5 mo
the middle of 5 scored projects
Average delay
+8.3 mo
the same projects, pulled by the worst
Average time to deliver
3.3 yrs
start to completion, over 5 delivered projects
Worst slip
+22.5 mo
FIVE Jumeirah Village · +16.0 to +29.0
3
early or less than 6 months late
6 to 12 months late
0
yellow rows below
Over 12 months late
2
red rows below

Against other developers

5 date-assessed here · 102 developers, 363 date-assessed projects in United Arab Emirates
Median delay
FIVE Holdings·102 developers in United Arab Emirates
+4.5 mo vs +4.0 mo
this developer 0.5 mo worse
The typical project on each side.
Average delay
FIVE Holdings·102 developers in United Arab Emirates
+8.3 mo vs +9.5 mo
this developer 1.2 mo better
Both pulled by their worst few.
On time
FIVE Holdings·102 developers in United Arab Emirates
60% vs 55%
this developer 5 pts better
Share of date-assessed projects delivered early or less than 6 months after the original target. Exactly 6 months late is excluded.
Average time to deliver
FIVE Holdings·102 developers in United Arab Emirates
3.3 yrs vs 3.5 yrs
this developer 0.2 yrs faster
Start to completion, over 5 delivered here and 318 in the market.
Projects and timelines in Track Record →

Resident experience

6 of 6 buildings rated · scale 1–10

AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.

Overall verdict
8.3/ 10
Weighted judgment across build and operations · from 6 of 6 rated buildings
Structure & systems
7.8/ 10
Fabric, services, waterproofing, envelope · from 3 of 6 rated buildings
Management & living
7.9/ 10
Upkeep, response times, amenities, community · from 6 of 6 rated buildings

Against other developers

6 rated here · 118 developers, 507 rated buildings in United Arab Emirates
Overall rating
FIVE Holdings · 118 other developers in United Arab Emirates
8.3 vs 7.7
this developer 0.6 better
The weighted verdict on each side. From 6 of 6 rated buildings here and 507 in the market.
Structure & systems
FIVE Holdings · 118 other developers in United Arab Emirates
7.8 vs 6.8
this developer 1.0 better
Fabric and engineering only — fixed at handover. From 3 of 6 rated buildings here and 229 in the market.
Management & living
FIVE Holdings · 118 other developers in United Arab Emirates
7.9 vs 7.3
this developer 0.6 better
Upkeep and response — belongs to whoever runs the building now. From 6 of 6 rated buildings here and 484 in the market.
The market here is United Arab Emirates: every other developer whose head office is in the same country, because the review platforms residents use, and the service norms they judge against, move together within one. It is not a city, a sector or a price band. Read structure and living together. A developer above the market on structure and below it on living builds well and runs buildings badly, which is a fixable problem and a different one from building badly. Higher ratings are better; differences use the displayed scores rounded to one decimal. Rated buildings only, on both sides, and a structure or living score with no stated basis — no review count and no notes or links — is left out of both.
Ratings by building →

Awards & recognition

All awards →

Risks & source coverage

  • DELIVERY DELAY Project opened September 2, 2019; judgment published March 3, 2023 A DIFC Court judgment found that FIVE’s Jumeirah Village Circle hotel was not completed by the contractually revised date of October 25, 2018, opened on September 2, 2019, and experienced 663 days of delay; the court attributed the relevant later delay to FIVE or contractors for which FIVE was responsible, while rejecting FIVE’s delay claim against the aluminium contractor.
  • LEGAL Judgment March 3, 2023; payment order May 26, 2023; costs certificate August 30, 2023 In a construction dispute concerning the FIVE JVC Hotel, the DIFC Court dismissed FIVE Real Estate Development LLC’s claims, granted the contractor’s counterclaims, and ordered FIVE to pay costs; a subsequent order required payment of AED 17,028,125.19, and a final costs certificate assessed a further AED 3,112,497.03 against FIVE.
  • LEGAL Default judgment March 14, 2021; proceedings dismissed and judgment set aside March 28, 2024 FIVE Holding Limited and Five Hotel FZE obtained a March 2021 default judgment for AED 25 million against Qatar Insurance Company over pandemic-related business-interruption insurance, but the DIFC Court later set that judgment aside and dismissed the proceedings by consent after the jurisdictional dispute was resolved in favor of the Dubai Courts; the claimants were also ordered to pay the defendant’s costs.
  • 1 more in Risk & Sources
Record status
active
Company sources
151 source entries across 151 fields
Projects tracked
6 · 6 completed in assessment
All flags and sources →

Track Record

Delivery record

5 date-assessed of 6 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-15 through 2026-10-15, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 0 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
6
within the rolling ten-year window
Median delay
+4.5 mo
the middle of 5 scored projects
Average delay
+8.3 mo
the same projects, pulled by the worst
Average time to deliver
3.3 yrs
start to completion, over 5 delivered projects
Worst slip
+22.5 mo
FIVE Jumeirah Village · +16.0 to +29.0
3
early or less than 6 months late
6 to 12 months late
0
yellow rows below
Over 12 months late
2
red rows below

Against other developers

5 date-assessed here · 102 developers, 363 date-assessed projects in United Arab Emirates
Median delay
FIVE Holdings·102 developers in United Arab Emirates
+4.5 mo vs +4.0 mo
this developer 0.5 mo worse
The typical project on each side.
Average delay
FIVE Holdings·102 developers in United Arab Emirates
+8.3 mo vs +9.5 mo
this developer 1.2 mo better
Both pulled by their worst few.
On time
FIVE Holdings·102 developers in United Arab Emirates
60% vs 55%
this developer 5 pts better
Share of date-assessed projects delivered early or less than 6 months after the original target. Exactly 6 months late is excluded.
Average time to deliver
FIVE Holdings·102 developers in United Arab Emirates
3.3 yrs vs 3.5 yrs
this developer 0.2 yrs faster
Start to completion, over 5 delivered here and 318 in the market.
The market here is United Arab Emirates: every other developer whose head office is in the same country, because planning regimes and reporting norms move together within one. It is not a city, a sector or a size band. Read the two delay figures together. A median close to the market with a much better average means no single disaster; the reverse means one project is carrying the record. Time to deliver runs from the earliest start we hold to the completion itself — a construction start where a source gave one, otherwise a sales launch, otherwise the launch year read as its January. A handover the sources place only inside a year is read as that December, so a duration is the widest the record allows rather than the flattering end of it. Only delivered projects dated at both ends count, so it is taken over fewer projects than the delay figures, and a long build is not a fault: a tower is not a villa run. Sourced figures only, both sides, and values taken from documents held on file are excluded here — a developer who shares their records should not score better than one who does not.

Construction start to handover

6 of 6 projects dated · 3 places
Based on covered projects with documented construction or launch dates and available handover dates. Timelines vary by project and may not represent the developer’s full portfolio.
Construction start, or the launchTarget completion (window)Completion or handover, as reportedCurrently statedLaunch year only, no date publishedEarly or ≤6 mo lateOver 6–12 mo lateOver 12 mo lateStalled
Dubai, United Arab Emirates
Ibiza, Spain
Zurich, Switzerland
201320142015201620172018201920202021202220232024202520262027todayDUBAI, UNITED ARAB EMIRATES+14 moverified+3.5 moestimated+22.5 moverified+4.5 moverifiedIBIZA, SPAIN−0.5 moverifiedZURICH, SWITZERLAND+1 moverified
Click a row in the chart to open a project, or a table row below to see its sources. The chart runs wider than the page where the record spans many years — scroll it sideways to follow a project to its handover. Every date we have is drawn. A hollow marker is only a launch year, not a date anyone published. No dates published means we looked and found none; dates not yet checked means we have not looked yet. Handing over is not finished — rows say which. A delay is shown when one source gives the promised date and another gives the real one, however rough: "2019" still counts, and the row shows how wide that is. Projects missing one of the two dates, or with sources that disagree, are left out of the figures.

Building & Livability Ratings

Resident experience

6 of 6 buildings rated · scale 1–10

AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.

Overall verdict
8.3/ 10
Weighted judgment across build and operations · from 6 of 6 rated buildings
Structure & systems
7.8/ 10
Fabric, services, waterproofing, envelope · from 3 of 6 rated buildings
Management & living
7.9/ 10
Upkeep, response times, amenities, community · from 6 of 6 rated buildings

Against other developers

6 rated here · 118 developers, 507 rated buildings in United Arab Emirates
Overall rating
FIVE Holdings · 118 other developers in United Arab Emirates
8.3 vs 7.7
this developer 0.6 better
The weighted verdict on each side. From 6 of 6 rated buildings here and 507 in the market.
Structure & systems
FIVE Holdings · 118 other developers in United Arab Emirates
7.8 vs 6.8
this developer 1.0 better
Fabric and engineering only — fixed at handover. From 3 of 6 rated buildings here and 229 in the market.
Management & living
FIVE Holdings · 118 other developers in United Arab Emirates
7.9 vs 7.3
this developer 0.6 better
Upkeep and response — belongs to whoever runs the building now. From 6 of 6 rated buildings here and 484 in the market.
The market here is United Arab Emirates: every other developer whose head office is in the same country, because the review platforms residents use, and the service norms they judge against, move together within one. It is not a city, a sector or a price band. Read structure and living together. A developer above the market on structure and below it on living builds well and runs buildings badly, which is a fixable problem and a different one from building badly. Higher ratings are better; differences use the displayed scores rounded to one decimal. Rated buildings only, on both sides, and a structure or living score with no stated basis — no review count and no notes or links — is left out of both.

By building

6 rated · 0 not rated · scale 1–10
ProjectOverallStructure & systemsManagement & living
FIVE Palm JumeirahPalm Jumeirah, Dubai697 units
8.9/ 10
—/ 10
7.6/ 10
Booking.com 9.2/10, 9.1/10, 9.2/10, 9.3/10, 8.7/10, 8.2/10 · 13,612 reviews · booking.com
Agoda 9/10, 9/10, 9/10, 8.9/10, 8.5/10, 7.9/10 · 26 reviews · agoda.com
Combined from 12 published figures on 2 platforms, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 7.6.

Booking.com supplies the largest reviewed aggregate and sets the initial level at 8.0 after applying the guest-platform conversion. Tripadvisor and Google are materially more favorable, while the written evidence adds a recurring noise concern and isolated service failure but repeated praise for staff, facilities and atmosphere; the resulting evidence-based resident-experience score is 8.9, with structure left unevaluated because no robust structural rating was published.

+ Clean rooms+ Modern room quality+ Soundproof rooms listed+ Air conditioning provided
− Some air-conditioning complaints− Cleaning inconsistency reports
+ Helpful reception staff+ High facilities rating+ Private beach and pools+ Strong service feedback+ Lively atmosphere
− Party noise− Occasional service failures− Not family-oriented for some guests− High-value concerns− Crowding reported

Published guest evidence is largely positive on room condition: Agoda records cleanliness at 9.0/10 and room comfort and quality at 8.9/10, while one guest praised the apartment’s “cleanness and quality.” The available material does not establish recurring plumbing, leakage, lift, electrical or waterproofing failures; Google’s summary does note that some guests complained about air conditioning.

The day-to-day guest experience is strongly service-led: Booking.com guests repeatedly praise reception, including “wonderful services” and staff whose service was “10/10,” while Booking’s facilities and staff scores are 9.1 and 9.2. The trade-off is a deliberately loud party environment—one Agoda guest called it “Noisy due to beach party not family oriented,” and another described an almost three-hour check-in delay.

Destino FIVE IbizaIbiza159 units
8.6/ 10
8.6/ 10
6.9/ 10
Booking.com 8.6/10, 8.3/10, 8.3/10, 7.2/10, 8.3/10, 8.5/10 · 719 reviews · booking.com
Booking.com 9.3/10, 9.2/10, 9.1/10, 9.1/10, 9.2/10, 8.2/10, 10/10 · 245 reviews · booking.com
Combined from 13 published figures on 1 platform, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 6.9.

Google's 4.6/5 from 3,363 reviews is the largest review base and converts to an 8.9/10 anchor under the specified curve. The score is moderated by Tripadvisor's much lower 3.9/5 result, the single serious flooding report, and smaller recurring concerns about rooms and value, partly offset by repeated praise for staff, pool service and atmosphere. Structure is scored only from the reported physical-condition evidence, so it is less certain than the living assessment.

+ Clean, modern rooms+ Well-maintained property+ Panoramic sea views
− Reported flooding incident− Cockroaches reported in one room− Cigarette smell reported in some toilets
+ Friendly and helpful staff+ Attentive pool service+ Strong pool and nightlife atmosphere+ Good food and breakfast+ Responsive front desk and guest services
− High prices and weak value− Small rooms and limited storage− Occasional long taxi wait− Cockroach report− Some cigarette smells in toilets

Published guest feedback describes the rooms as “very modern and clean,” and one reviewer called the property “Excellent property. Well maintained.” However, a Tripadvisor-syndicated review reported “the awful floods” and having to climb over a wall, while Booking.com reviews mention two cockroaches and cigarette smells in some toilets; these are isolated reports rather than a demonstrated recurring systems failure.

The day-to-day experience is generally described as highly service-oriented: guests wrote that staff were “super friendly,” pool staff were always available, and the front office was “exceptional.” The main operational reservations were price/value, small rooms, occasional taxi waits and one report that flooding left guests without an update from hotel staff.

FIVE LUXE JBRJumeirah Beach Residence, Dubai444 units
8.6/ 10
—/ 10
8.5/ 10
Booking.com 9.5/10, 9.4/10, 9.6/10, 9.6/10, 9.5/10, 9.1/10, 9.3/10 · 6,209 reviews · booking.com
Tripadvisor 4.7/5, 4.6/5, 4.5/5, 4.7/5, 4.8/5, 4.6/5 · 890 reviews · tripadvisor.com
Combined from 13 published figures on 2 platforms, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 8.5.

Booking.com provides the largest applicable published aggregate, 9.3/10 from 6,209 guest reviews, converted to 8.6 under the guest-rating curve and used as the anchor. Tripadvisor independently reports 4.5/5 from 890 reviews, equivalent to 8.5, so it does not materially dissent; positive service, cleanliness and amenity themes are balanced by moderate comments about music, check-in and occasional maintenance/readiness issues.

+ Clean rooms+ Well-maintained facilities+ Modern rooms
− Occasional maintenance issues− Occasional room-readiness problems
+ Friendly professional staff+ Cleanliness+ Beachfront location+ Pools and beach club+ Dining and nightlife
− Music may be overwhelming− Check-in inconsistency− Limited sunbeds− Beach-club access restrictions

Published guest-review summaries describe FIVE LUXE JBR as having spacious, modern rooms and generally clean, well-maintained facilities. The available negative infrastructure-related wording is limited to “occasional issues with room readiness and maintenance”; no specific report of flooding, lifts, plumbing, HVAC or structural failure was found.

Guests consistently praise the service and atmosphere: one Booking.com reviewer called the staff “very friendly and cooperative,” while Tripadvisor’s recent review material describes the hotel as having “fantastic staff,” clean spaces and good food. The trade-off is a high-energy hospitality environment: Tripadvisor notes that constant music can be overwhelming, and a Booking.com guest reported limited sunbeds and restricted access to the beach-club section.

Sensoria at FIVE LuxeJumeirah Beach Residence, Dubai54 units
8.5/ 10
—/ 10
8.5/ 10

UAE Off Plan publishes a 4.5/5 rating based on 16 votes for the Sensoria at Five Luxe listing, which converts to 8.5/10 and sets the anchor. The available written comments and Property Finder sub-scores concern the wider JBR community rather than building-specific operations, so they are reported as context but do not move the anchor.

+ Beach access and waterfront views+ Waterfront dining and walking+ Transit access+ Family-friendly amenities
− Crowding and nightlife noise− Parking difficulty− Heavy traffic

no notes returned

no links returned

Published feedback is mainly about the wider JBR community rather than Sensoria’s building operations. Reviewers praise the beach, views, restaurants and transport access, but also report that “It’s energetic and fun, not quiet,” that parking is “the biggest challenge,” and that traffic is heavy; Property Finder’s community breakdown publishes 4.2/5 for amenities and 3.4/5 for parking.

FIVE Jumeirah VillageJumeirah Village Circle, Dubai501 units
8.0/ 10
7.9/ 10
8.2/ 10
Booking.com 9.3/10, 9.2/10, 9.2/10, 9.2/10, 9/10, 8.8/10, 9.1/10 · 35,442 reviews · booking.com
KAYAK 9.5/10, 9/10 · 13,722 reviews · kayak.com
Combined from 9 published figures on 2 platforms, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 8.2.

Booking.com supplies the largest review base and sets the level at 9.1/10, converted to 8.2/10 under the guest-rating curve. The reported complaints justify a modest downward adjustment, while repeated praise supports retaining a high resident-experience result; the structure score is lower because the evidence includes isolated but serious systems failures and recurring maintenance concerns.

+ Clean rooms reported+ Comfortable rooms+ Well-maintained facilities reported
− Inconsistent cleanliness and maintenance− Electrical and lighting failure reported− Oven and thermostat failure reported− Bug reported in room
+ Friendly staff+ Helpful service+ Strong facilities+ Pools and lounges praised+ Good housekeeping
− Noise and construction− Valet and parking complaints− Inconsistent service− Security conduct complaint− Shuttle-service complaint

Reviews are mostly positive about room condition: guests described rooms as “big and clean,” “spotless, comfortable, and well-maintained,” and housekeeping as “thoroughly cleaned.” However, KAYAK records some cleanliness and maintenance concerns, while one Tripadvisor review reported non-working electricity, lights, oven and thermostat, with lighting restored only after repeated calls and hours of waiting.

The dominant operational picture is positive: guests wrote “Staff are wonderful. Service is good,” called the facilities “excellent,” and praised helpful staff and housekeeping. Counterevidence includes reports of noise/construction, valet and parking problems, and a serious 2021 Tripadvisor allegation of rude and discriminatory security treatment; that older account should not be treated as proof of current conditions.

FIVE ZurichZurich149 units
7.1/ 10
6.8/ 10
7.6/ 10
Booking.com 9/10, 8.9/10, 9/10 · 1,753 reviews · booking.com
Combined from 3 published figures on 1 platform, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 7.6.

Booking.com supplies the largest review base and sets the level at 8.5/10, converted to 7.0/10 under the specified curve. Tripadvisor is directionally consistent, while the written themes show strong praise for staff and facilities alongside recurring but non-severe East Wing, service and comfort complaints; the net commentary adjustment is therefore only +0.1.

+ Well-maintained main property+ Clean rooms+ Modern room technology+ High-quality interiors
− East Wing cooling complaints− Wet bathroom floors− Cracked pool marble reported− Small East Wing rooms
+ Friendly staff+ Helpful service+ Excellent spa and pools+ Stylish atmosphere+ Shuttle assistance
− Inconsistent reception service− Slow response to requests− Pool-service delays− Distance from city centre− Noise concerns

Guests commonly describe the hotel as “exceptionally well maintained” and praise clean, modern rooms. However, reviews report that some East Wing rooms have windows that do not open and air that “does not cool”; another review reported a soaking bathroom floor after showering, and a 2023 review mentioned cracked marble around the pool.

Daily-life feedback is mostly favourable: guests call the staff “very friendly,” describe the spa and pool as excellent, and praise the shuttle and atmosphere. Negative reviews are uneven rather than universal, including “really poor staff,” repeated calls for simple requests, slow pool service and complaints that the location is far from the city centre.

Only buildings that have reached handover are rated. 0 of 6 projects carry no rating: a building still under construction is never asked about, one that has just been handed over may not have been reached yet, and the rest were asked about and no published resident commentary was found. Structure is fixed at handover and stays the developer's; management and living belongs to whoever runs the building now. The overall verdict weights both rather than averaging them. None of this is checked: a rating is what people published about a building, aggregated — it is not evidence, it cannot move a delay figure, and it is not part of the delivery record above.

About

Company dossier

Legal name
FIVE Holdings (BVI) Limited
Headquarters
Dubai, United Arab Emirates
Founded
2011
Dubai, United Arab Emirates
Entity type
PRIVATE
Revenue
AED 2228663 thousand
FY 2025
Business model
offplan for sale, commercial, mixed use, masterplan

Partners

3 partners
Zaya
joint venture

Lunaya is a joint venture with Zaya for a luxury villa community in Dubai.

Fibrex Construction Group
contractor

Fibrex Construction Group is identified as the main contractor for FIVE LUXE JBR.

Pacha New York
operator

FIVE Holdings entered into a long-term agreement assuming full operational management of Pacha New York.

Sources: name

COMPANYdate not shown in source

LEADERSHIP — FIVE

FIVE Holdings
Lunaya, a joint venture with Zaya
value seen: Zaya
https://five-holdings.com/leadership/

Sources: partner type

COMPANYdate not shown in source

LEADERSHIP — FIVE

FIVE Holdings
Lunaya, a joint venture with Zaya
value seen: joint venture
no listed category matches this wording, so it is shown as the source wrote it
held out of the figures · no listed category matches this wording
value paraphrased from this source
https://five-holdings.com/leadership/

Sources: summary

COMPANYdate not shown in source

LEADERSHIP — FIVE

FIVE Holdings
Lunaya, a joint venture with Zaya that has already achieved AED 2.7 billion in sales, underway in Dubai
value seen: Lunaya is a joint venture with Zaya for a luxury villa community in Dubai.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://five-holdings.com/leadership/

Sources: name

CONTRACTOR2023-07-25

Five Star Hotel & Residences (3B+G+55 Floors), FIVE LUXE AT JBR, DUBAI

ProTenders · carried by proactive.ae
MAIN CONTRACTOR FIBREX CONSTRUCTION GROUP
value seen: Fibrex Construction Group
https://www.proactive.ae/portfolio-item/five-star-hotel-residences-3bg55-floors-five-luxe-at-jbr-dubai/

Sources: partner type

CONTRACTOR2023-07-25

Five Star Hotel & Residences (3B+G+55 Floors), FIVE LUXE AT JBR, DUBAI

ProTenders · carried by proactive.ae
MAIN CONTRACTOR FIBREX CONSTRUCTION GROUP
value seen: MAIN CONTRACTOR
no listed category matches this wording, so it is shown as the source wrote it
held out of the figures · no listed category matches this wording
value paraphrased from this source
https://www.proactive.ae/portfolio-item/five-star-hotel-residences-3bg55-floors-five-luxe-at-jbr-dubai/

Sources: summary

CONTRACTOR2023-07-25

Five Star Hotel & Residences (3B+G+55 Floors), FIVE LUXE AT JBR, DUBAI

ProTenders · carried by proactive.ae
MAIN CONTRACTOR FIBREX CONSTRUCTION GROUP
value seen: Fibrex Construction Group is identified as the main contractor for FIVE LUXE JBR.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.proactive.ae/portfolio-item/five-star-hotel-residences-3bg55-floors-five-luxe-at-jbr-dubai/

Sources: name

COMPANY2023-02-09

Our Story — FIVE

FIVE Holdings
FIVE Holdings enters into a long-term agreement assuming full operational management of Pacha New York.
value seen: Pacha New York
https://five-holdings.com/our-story/

Sources: partner type

COMPANY2023-02-09

Our Story — FIVE

FIVE Holdings
FIVE Holdings enters into a long-term agreement assuming full operational management of Pacha New York.
value seen: full operational management
no listed category matches this wording, so it is shown as the source wrote it
held out of the figures · no listed category matches this wording
value paraphrased from this source
https://five-holdings.com/our-story/

Sources: summary

COMPANY2023-02-09

Our Story — FIVE

FIVE Holdings
FIVE Holdings enters into a long-term agreement assuming full operational management of Pacha New York.
value seen: FIVE Holdings entered into a long-term agreement assuming full operational management of Pacha New York.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://five-holdings.com/our-story/

Registrations & licences

COMPANY NUMBER30 August 2013
Registrar of Corporate Affairs · British Virgin Islands · registered
Jurisdiction-agnostic: a DLD number, a Companies House number and a state RERA registration all land in the same table.

Contact

Markets

2 countries
United Arab Emiratesactive 4 projects tracked
Spainactive 1 project tracked

What they build

3 types
Hotel5 of 6
Hotel residences3 of 6
Residential, for sale1 of 6
A project counts once under each type it carries, so the shares add to more than the project count.

Management

Principals & executives

6 names found
KM
Kabir Mulchandani
FIVE identifies Mulchandani as its Chairman and Chief Executive and describes him as the entrepreneur who built the group from a Dubai development into an integrated hospitality, entertainment and real-estate platform. Independent reporting says he founded SKAI Holdings in 2011 and renamed it FIVE in 2017; the available evidence supports his founder-led role, but does not establish a formal start date for the current chair/executive titles.
Current title
Chairman and Chief Executive, FIVE Holdings
Experience
no career length stated
Companies before
Baron InternationalBaron ElectronicsSKAI Holdings
Education
Stanford UniversityIndustrial Engineering
Other boards
none sourced
Known for
FounderChairmanReal estateHospitality
“Disruption is the essence of survival,” Construction Week Online September 6, 2023https://www.constructionweekonline.com/business/exclusive-with-fives-kabir-mulchandani

Sources: degree

PRESS2025-03-27

CEO of the Week: FIVE Holdings Founder Kabir Mulchandani

Business Now
He completed his graduation in industrial engineering from Stanford University, in the United States in 1993
value seen: Industrial Engineering
https://businessnoww.com/ceo-of-the-week-five-holdings-founder-kabir-mulchandani/

Sources: institution

PRESS2025-03-27

CEO of the Week: FIVE Holdings Founder Kabir Mulchandani

Business Now
He completed his graduation in industrial engineering from Stanford University, in the United States in 1993
value seen: Stanford University
https://businessnoww.com/ceo-of-the-week-five-holdings-founder-kabir-mulchandani/

Sources: full name

COMPANYdate not shown in source

LEADERSHIP — FIVE

FIVE Holdings
KABIR MULCHANDANI Chairman and Chief Executive, FIVE Holdings
value seen: Kabir Mulchandani
https://five-holdings.com/leadership/

Sources: previous companies

PRESS2025-03-27

CEO of the Week: FIVE Holdings Founder Kabir Mulchandani

Business Now
Soon after graduation, he worked for Baron International and Baron Electronics, two family-owned companies that were focused on the distribution and sale of consumer goods in Mumbai
value seen: Baron International
value paraphrased from this source
https://businessnoww.com/ceo-of-the-week-five-holdings-founder-kabir-mulchandani/

Sources: previous companies

PRESS2025-03-27

CEO of the Week: FIVE Holdings Founder Kabir Mulchandani

Business Now
Soon after graduation, he worked for Baron International and Baron Electronics, two family-owned companies that were focused on the distribution and sale of consumer goods in Mumbai
value seen: Baron Electronics
value paraphrased from this source
https://businessnoww.com/ceo-of-the-week-five-holdings-founder-kabir-mulchandani/

Sources: previous companies

PRESS2025-03-27

CEO of the Week: FIVE Holdings Founder Kabir Mulchandani

Business Now
Soon after graduation, he worked for Baron International and Baron Electronics, two family-owned companies that were focused on the distribution and sale of consumer goods in Mumbai
value seen: SKAI Holdings
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://businessnoww.com/ceo-of-the-week-five-holdings-founder-kabir-mulchandani/

Sources: quote

PRESS2023-09-06

Five star ambition: Exclusive with FIVE’s Kabir Mulchandani

Construction Week Online
“Disruption is the essence of survival,” and it plays a crucial role in enhancing the consumer experience.
value seen: “Disruption is the essence of survival,”
https://www.constructionweekonline.com/business/exclusive-with-fives-kabir-mulchandani

Sources: role type

PRESS2025-03-27

CEO of the Week: FIVE Holdings Founder Kabir Mulchandani

Business Now
The founder and Chairman of this successful venture is 52-year old Kabir Mulchandani, an Indian-born, Dubai-based real estate and hospitality businessman and philanthropist.
value seen: Chairman and Chief Executive; founder identified in independent reporting
no listed category matches this wording, so it is shown as the source wrote it
held out of the figures · no listed category matches this wording
value paraphrased from this source
https://businessnoww.com/ceo-of-the-week-five-holdings-founder-kabir-mulchandani/

Sources: summary

COMPANYdate not shown in source

LEADERSHIP — FIVE

FIVE Holdings
Kabir Mulchandani didn’t set out to build a hotel company. He set out to build something the world hadn’t seen before: a vertically integrated, industry-disrupting commercial-cultural universe where hospitality, entertainment, real estate and sustainability don’t coexist, they amplify each other.
value seen: FIVE identifies Mulchandani as its Chairman and Chief Executive and describes him as the entrepreneur who built the group from a Dubai development into an integrated hospitality, entertainment and real-estate platform. Independent reporting says he founded SKAI Holdings in 2011 and renamed it FIVE in 2017; the available evidence supports his founder-led role, but does not establish a formal start date for the current chair/executive titles.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://five-holdings.com/leadership/

Sources: tags

PRESS2025-03-27

CEO of the Week: FIVE Holdings Founder Kabir Mulchandani

Business Now
The founder and Chairman of this successful venture is 52-year old Kabir Mulchandani, an Indian-born, Dubai-based real estate and hospitality businessman and philanthropist.
value seen: Founder
value paraphrased from this source
https://businessnoww.com/ceo-of-the-week-five-holdings-founder-kabir-mulchandani/

Sources: tags

PRESS2025-03-27

CEO of the Week: FIVE Holdings Founder Kabir Mulchandani

Business Now
The founder and Chairman of this successful venture is 52-year old Kabir Mulchandani, an Indian-born, Dubai-based real estate and hospitality businessman and philanthropist.
value seen: Chairman
value paraphrased from this source
https://businessnoww.com/ceo-of-the-week-five-holdings-founder-kabir-mulchandani/

Sources: tags

PRESS2025-03-27

CEO of the Week: FIVE Holdings Founder Kabir Mulchandani

Business Now
The founder and Chairman of this successful venture is 52-year old Kabir Mulchandani, an Indian-born, Dubai-based real estate and hospitality businessman and philanthropist.
value seen: Real estate
value paraphrased from this source
https://businessnoww.com/ceo-of-the-week-five-holdings-founder-kabir-mulchandani/

Sources: tags

PRESS2025-03-27

CEO of the Week: FIVE Holdings Founder Kabir Mulchandani

Business Now
The founder and Chairman of this successful venture is 52-year old Kabir Mulchandani, an Indian-born, Dubai-based real estate and hospitality businessman and philanthropist.
value seen: Hospitality
value paraphrased from this source
https://businessnoww.com/ceo-of-the-week-five-holdings-founder-kabir-mulchandani/

Sources: title

COMPANYdate not shown in source

LEADERSHIP — FIVE

FIVE Holdings
KABIR MULCHANDANI Chairman and Chief Executive, FIVE Holdings
value seen: Chairman and Chief Executive, FIVE Holdings
https://five-holdings.com/leadership/
NZ
Nadia Zaal
FIVE describes Zaal as a non-executive, non-independent director who helps shape purpose, values and strategy. Independent Zaya material describes her as founder and CEO of a boutique developer and former CEO of Al Barari; the retrieved evidence does not state when her FIVE board role began.
Current title
Non-Executive and Non-Independent Director, FIVE; Founder and CEO, Zaya Group
Experience
no career length stated
Companies before
Al Barari Group
Education
not published
Other boards
Zaya Group
Known for
Board directorFounderCEOReal estateSustainability
https://linkedin.com/in/nadiazaal

Sources: full name

COMPANYdate not shown in source

LEADERSHIP — FIVE

FIVE Holdings
NADIA ZAAL Non-Executive and Non-Independent Director, FIVE; Founder and CEO, Zaya Group
value seen: Nadia Zaal
https://five-holdings.com/leadership/

Sources: linkedin page

SOCIAL2026-09-08

Nadia Zaal LinkedIn profile

LinkedIn
### Group Director - Five Holdings (Current) Department: General Management • Level: Director
value seen: https://linkedin.com/in/nadiazaal
https://linkedin.com/in/nadiazaal

Sources: other boards

COMPANYdate not shown in source

STORY | Zaya

Zaya
Nadia Zaal is a pioneering Emirati entrepreneur and the founder and CEO of Zaya Group, a boutique developer specializing in high-end real estate and hospitality.
value seen: Zaya Group
https://www.zaya.com/story

Sources: previous companies

COMPANYdate not shown in source

STORY | Zaya

Zaya
As the former CEO of Al Barari Group, Nadia spearheaded the creation of Al Barari, a lush, low-density community renowned for its focus on sustainability and eco-conservation.
value seen: Al Barari Group
https://www.zaya.com/story

Sources: summary

COMPANYdate not shown in source

LEADERSHIP — FIVE

FIVE Holdings
A pioneering Emirati entrepreneur whose career spans visionary real estate development, sustainability leadership, and luxury hospitality, Nadia Zaal serves as Non-Executive and Non-Independent Director at FIVE.
value seen: FIVE describes Zaal as a non-executive, non-independent director who helps shape purpose, values and strategy. Independent Zaya material describes her as founder and CEO of a boutique developer and former CEO of Al Barari; the retrieved evidence does not state when her FIVE board role began.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://five-holdings.com/leadership/

Sources: tags

COMPANYdate not shown in source

LEADERSHIP — FIVE

FIVE Holdings
A pioneering Emirati entrepreneur whose career spans visionary real estate development, sustainability leadership, and luxury hospitality, Nadia Zaal serves as Non-Executive and Non-Independent Director at FIVE.
value seen: Board director
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://five-holdings.com/leadership/

Sources: tags

COMPANYdate not shown in source

LEADERSHIP — FIVE

FIVE Holdings
A pioneering Emirati entrepreneur whose career spans visionary real estate development, sustainability leadership, and luxury hospitality, Nadia Zaal serves as Non-Executive and Non-Independent Director at FIVE.
value seen: Founder
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://five-holdings.com/leadership/

Sources: tags

COMPANYdate not shown in source

LEADERSHIP — FIVE

FIVE Holdings
A pioneering Emirati entrepreneur whose career spans visionary real estate development, sustainability leadership, and luxury hospitality, Nadia Zaal serves as Non-Executive and Non-Independent Director at FIVE.
value seen: CEO
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://five-holdings.com/leadership/

Sources: tags

COMPANYdate not shown in source

LEADERSHIP — FIVE

FIVE Holdings
A pioneering Emirati entrepreneur whose career spans visionary real estate development, sustainability leadership, and luxury hospitality, Nadia Zaal serves as Non-Executive and Non-Independent Director at FIVE.
value seen: Real estate
value paraphrased from this source
https://five-holdings.com/leadership/

Sources: tags

COMPANYdate not shown in source

LEADERSHIP — FIVE

FIVE Holdings
A pioneering Emirati entrepreneur whose career spans visionary real estate development, sustainability leadership, and luxury hospitality, Nadia Zaal serves as Non-Executive and Non-Independent Director at FIVE.
value seen: Sustainability
value paraphrased from this source
https://five-holdings.com/leadership/

Sources: title

COMPANYdate not shown in source

LEADERSHIP — FIVE

FIVE Holdings
NADIA ZAAL Non-Executive and Non-Independent Director, FIVE; Founder and CEO, Zaya Group
value seen: Non-Executive and Non-Independent Director, FIVE; Founder and CEO, Zaya Group
https://five-holdings.com/leadership/
AB
Aloki Batra
FIVE describes Batra as CEO of its hospitality and Pacha businesses and credits him with taking the brand from one Dubai hotel to a multi-market lifestyle platform. A 2021 trade interview portrays him as the operator responsible for the group’s hotel, F&B and entertainment model; the available sources do not support an education or prior-company entry.
Current title
CEO, FIVE Hospitality and The Pacha Group
since 2017
Experience
no career length stated
Companies before
none sourced
Education
not published
Other boards
The Pacha Group
Known for
CEOHospitalityEntertainmentF&B
https://linkedin.com/in/aloki-batra
“We are data driven, I can see live revenues of the rooms and restaurants in real-time.” Hotelier Middle East February 14, 2021https://www.hoteliermiddleeast.com/people/123389-exclusive-five-hotels-ceo-on-how-his-hotel-became-the-most-talked-about-in-the-world

Sources: full name

COMPANYdate not shown in source

LEADERSHIP — FIVE

FIVE Holdings
ALOKI BATRA CEO, FIVE Hospitality and The Pacha Group
value seen: Aloki Batra
https://five-holdings.com/leadership/

Sources: linkedin page

SOCIAL2026-09-20

Aloki Batra LinkedIn profile

LinkedIn
# Aloki Batra CEO, FIVE Hospitality and The Pacha Group
value seen: https://linkedin.com/in/aloki-batra
https://linkedin.com/in/aloki-batra

Sources: other boards

SOCIAL2026-09-20

Aloki Batra LinkedIn profile

LinkedIn
As the Chief Executive Officer of FIVE Hospitality and The Pacha Group, Aloki Batra spearheads FIVE Holdings’ portfolio.
value seen: The Pacha Group
https://linkedin.com/in/aloki-batra

Sources: quote

PRESS2021-02-14

EXCLUSIVE: FIVE Hotels CEO on how his hotel became the most talked about in the world

Hotelier Middle East
“We are data driven, I can see live revenues of the rooms and restaurants in real-time. We are using the latest tech...”
value seen: “We are data driven, I can see live revenues of the rooms and restaurants in real-time.”
https://www.hoteliermiddleeast.com/people/123389-exclusive-five-hotels-ceo-on-how-his-hotel-became-the-most-talked-about-in-the-world

Sources: since

COMPANYdate not shown in source

LEADERSHIP — FIVE

FIVE Holdings
Since stepping into the role in 2017, Batra has transformed FIVE from a single Dubai hotel into a global lifestyle powerhouse spanning Dubai, Zurich, Ibiza and as of summer 2026, New York.
value seen: 2017
https://five-holdings.com/leadership/

Sources: summary

COMPANYdate not shown in source

LEADERSHIP — FIVE

FIVE Holdings
As Chief Executive Officer of FIVE Hospitality and The Pacha Group, he has taken a category, dismantled its assumptions, and rebuilt it entirely around the guests’ desire to feel something.
value seen: FIVE describes Batra as CEO of its hospitality and Pacha businesses and credits him with taking the brand from one Dubai hotel to a multi-market lifestyle platform. A 2021 trade interview portrays him as the operator responsible for the group’s hotel, F&B and entertainment model; the available sources do not support an education or prior-company entry.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://five-holdings.com/leadership/

Sources: tags

COMPANYdate not shown in source

LEADERSHIP — FIVE

FIVE Holdings
As Chief Executive Officer of FIVE Hospitality and The Pacha Group, he has taken a category, dismantled its assumptions, and rebuilt it entirely around the guests’ desire to feel something.
value seen: CEO
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://five-holdings.com/leadership/

Sources: tags

COMPANYdate not shown in source

LEADERSHIP — FIVE

FIVE Holdings
As Chief Executive Officer of FIVE Hospitality and The Pacha Group, he has taken a category, dismantled its assumptions, and rebuilt it entirely around the guests’ desire to feel something.
value seen: Hospitality
value paraphrased from this source
https://five-holdings.com/leadership/

Sources: tags

COMPANYdate not shown in source

LEADERSHIP — FIVE

FIVE Holdings
As Chief Executive Officer of FIVE Hospitality and The Pacha Group, he has taken a category, dismantled its assumptions, and rebuilt it entirely around the guests’ desire to feel something.
value seen: Entertainment
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://five-holdings.com/leadership/

Sources: tags

COMPANYdate not shown in source

LEADERSHIP — FIVE

FIVE Holdings
As Chief Executive Officer of FIVE Hospitality and The Pacha Group, he has taken a category, dismantled its assumptions, and rebuilt it entirely around the guests’ desire to feel something.
value seen: F&B
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://five-holdings.com/leadership/

Sources: title

COMPANYdate not shown in source

LEADERSHIP — FIVE

FIVE Holdings
ALOKI BATRA CEO, FIVE Hospitality and The Pacha Group
value seen: CEO, FIVE Hospitality and The Pacha Group
https://five-holdings.com/leadership/
NA
Nabil Akiki
FIVE identifies Akiki as a founding member and Chief Development Officer who has led the group’s projects since 2012. Independent architecture coverage supports a long development track record, including design, development, master planning, project management and construction across several regions.
Current title
Chief Development Officer, FIVE Holdings
since since 2012
Experience
20+ years real estate
Companies before
none sourced
Education
INBA BeirutFirst-Class degree in architecture
École Spéciale d’Architecture, ParisMaster’s in Architecture
Other boards
none sourced
Known for
FounderDevelopmentArchitecture
https://linkedin.com/in/nabil-akiki-4063a0a4
“At FIVE we aim high, but ambition only matters if you can deliver.” Construction Week Online September 19, 2025https://www.constructionweekonline.com/features/five-holdings-feature

Sources: degree

PRESS2022-03-01

Powerlist Architects 30: NABIL AKIKI CEO FIVE DEVELOPMENT

Design Middle East
He has a First-Class degree from INBA in Beirut
value seen: First-Class degree in architecture
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://design-middleeast.com/powerlist-architects-30-nabil-akiki-ceo-five-development/

Sources: institution

PRESS2022-03-01

Powerlist Architects 30: NABIL AKIKI CEO FIVE DEVELOPMENT

Design Middle East
He has a First-Class degree from INBA in Beirut
value seen: INBA Beirut
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://design-middleeast.com/powerlist-architects-30-nabil-akiki-ceo-five-development/

Sources: degree

PRESS2022-03-01

Powerlist Architects 30: NABIL AKIKI CEO FIVE DEVELOPMENT

Design Middle East
he received his Masters in Architecture from the École Spéciale d’Architecture in Paris, France on a special scholarship
value seen: Master’s in Architecture
value paraphrased from this source
https://design-middleeast.com/powerlist-architects-30-nabil-akiki-ceo-five-development/

Sources: institution

PRESS2022-03-01

Powerlist Architects 30: NABIL AKIKI CEO FIVE DEVELOPMENT

Design Middle East
he received his Masters in Architecture from the École Spéciale d’Architecture in Paris, France on a special scholarship
value seen: École Spéciale d’Architecture, Paris
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://design-middleeast.com/powerlist-architects-30-nabil-akiki-ceo-five-development/

Sources: full name

COMPANYdate not shown in source

LEADERSHIP — FIVE

FIVE Holdings
Nabil Akiki Chief Development Officer, FIVE Holdings
value seen: Nabil Akiki
https://five-holdings.com/leadership/

Sources: linkedin page

SOCIAL2026-10-05

Nabil Akiki LinkedIn profile

LinkedIn
# Nabil Akiki Chief Executive Officer at FIVE Holdings
value seen: https://linkedin.com/in/nabil-akiki-4063a0a4
https://linkedin.com/in/nabil-akiki-4063a0a4

Sources: quote

PRESS2025-09-19

The FIVE Formula: FIVE Holdings’ ambition, adaptability, and flow

Construction Week Online
At FIVE we aim high, but ambition only matters if you can deliver.
value seen: “At FIVE we aim high, but ambition only matters if you can deliver.”
https://www.constructionweekonline.com/features/five-holdings-feature

Sources: since

COMPANYdate not shown in source

LEADERSHIP — FIVE

FIVE Holdings
A founding member of FIVE Holdings, he has led every project the Group has executed since 2012
value seen: since 2012
https://five-holdings.com/leadership/

Sources: summary

COMPANYdate not shown in source

LEADERSHIP — FIVE

FIVE Holdings
Nabil Akiki is the development force that turns FIVE’s most ambitious architectural visions into award-winning, commercially dominant destinations. A founding member of FIVE Holdings, he has led every project the Group has executed since 2012.
value seen: FIVE identifies Akiki as a founding member and Chief Development Officer who has led the group’s projects since 2012. Independent architecture coverage supports a long development track record, including design, development, master planning, project management and construction across several regions.
value paraphrased from this source
https://five-holdings.com/leadership/

Sources: tags

PRESS2022-03-01

Powerlist Architects 30: NABIL AKIKI CEO FIVE DEVELOPMENT

Design Middle East
Nabil Akiki, CEO of FIVE Development, has over two decades of experience in the design, development, master planning, project management,and construction of diverse and mixed-use developments.
value seen: Founder
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://design-middleeast.com/powerlist-architects-30-nabil-akiki-ceo-five-development/

Sources: tags

PRESS2022-03-01

Powerlist Architects 30: NABIL AKIKI CEO FIVE DEVELOPMENT

Design Middle East
Nabil Akiki, CEO of FIVE Development, has over two decades of experience in the design, development, master planning, project management,and construction of diverse and mixed-use developments.
value seen: Development
value paraphrased from this source
https://design-middleeast.com/powerlist-architects-30-nabil-akiki-ceo-five-development/

Sources: tags

PRESS2022-03-01

Powerlist Architects 30: NABIL AKIKI CEO FIVE DEVELOPMENT

Design Middle East
Nabil Akiki, CEO of FIVE Development, has over two decades of experience in the design, development, master planning, project management,and construction of diverse and mixed-use developments.
value seen: Architecture
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://design-middleeast.com/powerlist-architects-30-nabil-akiki-ceo-five-development/

Sources: tags

PRESS2022-03-01

Powerlist Architects 30: NABIL AKIKI CEO FIVE DEVELOPMENT

Design Middle East
Nabil Akiki, CEO of FIVE Development, has over two decades of experience in the design, development, master planning, project management,and construction of diverse and mixed-use developments.
value seen: 20+ yrs real estate
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://design-middleeast.com/powerlist-architects-30-nabil-akiki-ceo-five-development/

Sources: title

COMPANYdate not shown in source

LEADERSHIP — FIVE

FIVE Holdings
Nabil Akiki Chief Development Officer, FIVE Holdings
value seen: Chief Development Officer, FIVE Holdings
https://five-holdings.com/leadership/
JA
Jaydeep Anand
FIVE identifies Anand as co-founder, Chief Development Officer and Chief Sustainability Officer, with responsibility spanning development, sustainability and operational/financial integration. Independent reporting records that he previously served as Group CFO and led the group’s green-bond and sustainability initiatives.
Current title
Co-Founder, Chief Development Officer and Chief Sustainability Officer, FIVE Holdings
Experience
no career length stated
Companies before
SKAI HoldingsTaylor-Wharton Cryogenics LLCMed-TechViacom Electronics LTD
Education
Cornell University’s Johnson School of ManagementMBA
University of PuneComputer Engineering
Other boards
none sourced
Known for
Co-FounderDevelopmentSustainabilityMBAGreen finance
https://linkedin.com/in/jaydeep-jay-anand-51863961
“The US$350 million Green Bond marked a strategic step in fuelling FIVE’s expansion while reinforcing our leadership in sustainability-driven financing.” Hotelier Middle East April 22, 2025https://www.hoteliermiddleeast.com/people/five-holdings-a-low-carbon-footprint-high-business-reward

Sources: degree

COMPANYdate not shown in source

LEADERSHIP — FIVE

FIVE Holdings
Holding an MBA from Cornell University’s Johnson School of Management and a degree in Computer Engineering from the University of Pune
value seen: MBA
value paraphrased from this source
https://five-holdings.com/leadership/

Sources: institution

COMPANYdate not shown in source

LEADERSHIP — FIVE

FIVE Holdings
Holding an MBA from Cornell University’s Johnson School of Management and a degree in Computer Engineering from the University of Pune
value seen: Cornell University’s Johnson School of Management
value paraphrased from this source
https://five-holdings.com/leadership/

Sources: degree

COMPANYdate not shown in source

LEADERSHIP — FIVE

FIVE Holdings
Holding an MBA from Cornell University’s Johnson School of Management and a degree in Computer Engineering from the University of Pune
value seen: Computer Engineering
value paraphrased from this source
https://five-holdings.com/leadership/

Sources: institution

COMPANYdate not shown in source

LEADERSHIP — FIVE

FIVE Holdings
Holding an MBA from Cornell University’s Johnson School of Management and a degree in Computer Engineering from the University of Pune
value seen: University of Pune
value paraphrased from this source
https://five-holdings.com/leadership/

Sources: full name

COMPANYdate not shown in source

LEADERSHIP — FIVE

FIVE Holdings
Jaydeep Anand Co-Founder, Chief Development Officer and Chief Sustainability Officer, FIVE Holdings
value seen: Jaydeep Anand
https://five-holdings.com/leadership/

Sources: linkedin page

SOCIAL2026-10-09

Jaydeep Anand LinkedIn profile

LinkedIn
# Jaydeep (Jay) Anand Chief Development Officer and Chief Sustainability Officer, FIVE Holdings
value seen: https://linkedin.com/in/jaydeep-jay-anand-51863961
https://linkedin.com/in/jaydeep-jay-anand-51863961

Sources: previous companies

DIRECTORYdate not shown in source

Jaydeep Anand - Group Cfo, Coo, Cso, FIVE at FIVE Holdings

The Org
In 2016, they worked as the COO of Real Estate Development at SKAI Holdings Limited LLC. In 2012 to 2015, they served as the Country Head for Asia, Australia, and the Middle East at Taylor-Wharton Cryogenics LLC.
value seen: SKAI Holdings
value paraphrased from this source
https://theorg.com/org/five-holdings/org-chart/jaydeep-anand

Sources: previous companies

DIRECTORYdate not shown in source

Jaydeep Anand - Group Cfo, Coo, Cso, FIVE at FIVE Holdings

The Org
In 2016, they worked as the COO of Real Estate Development at SKAI Holdings Limited LLC. In 2012 to 2015, they served as the Country Head for Asia, Australia, and the Middle East at Taylor-Wharton Cryogenics LLC.
value seen: Taylor-Wharton Cryogenics LLC
value paraphrased from this source
https://theorg.com/org/five-holdings/org-chart/jaydeep-anand

Sources: previous companies

DIRECTORYdate not shown in source

Jaydeep Anand - Group Cfo, Coo, Cso, FIVE at FIVE Holdings

The Org
In 2016, they worked as the COO of Real Estate Development at SKAI Holdings Limited LLC. In 2012 to 2015, they served as the Country Head for Asia, Australia, and the Middle East at Taylor-Wharton Cryogenics LLC.
value seen: Med-Tech
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://theorg.com/org/five-holdings/org-chart/jaydeep-anand

Sources: previous companies

DIRECTORYdate not shown in source

Jaydeep Anand - Group Cfo, Coo, Cso, FIVE at FIVE Holdings

The Org
In 2016, they worked as the COO of Real Estate Development at SKAI Holdings Limited LLC. In 2012 to 2015, they served as the Country Head for Asia, Australia, and the Middle East at Taylor-Wharton Cryogenics LLC.
value seen: Viacom Electronics LTD
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://theorg.com/org/five-holdings/org-chart/jaydeep-anand

Sources: quote

PRESS2025-04-22

FIVE Holdings: a low carbon footprint = high business reward

Hotelier Middle East
Anand shares: “The US$350 million Green Bond marked a strategic step in fuelling FIVE’s expansion while reinforcing our leadership in sustainability-driven financing.
value seen: “The US$350 million Green Bond marked a strategic step in fuelling FIVE’s expansion while reinforcing our leadership in sustainability-driven financing.”
https://www.hoteliermiddleeast.com/people/five-holdings-a-low-carbon-footprint-high-business-reward

Sources: summary

COMPANYdate not shown in source

LEADERSHIP — FIVE

FIVE Holdings
As Co-Founder, Chief Development Officer and Chief Sustainability Officer, Anand has been the architect behind one of the most advanced integrations of ESG, operational excellence and financial performance in global hospitality.
value seen: FIVE identifies Anand as co-founder, Chief Development Officer and Chief Sustainability Officer, with responsibility spanning development, sustainability and operational/financial integration. Independent reporting records that he previously served as Group CFO and led the group’s green-bond and sustainability initiatives.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://five-holdings.com/leadership/

Sources: tags

COMPANYdate not shown in source

LEADERSHIP — FIVE

FIVE Holdings
As Co-Founder, Chief Development Officer and Chief Sustainability Officer, Anand has been the architect behind one of the most advanced integrations of ESG, operational excellence and financial performance in global hospitality.
value seen: Co-Founder
value paraphrased from this source
https://five-holdings.com/leadership/

Sources: tags

COMPANYdate not shown in source

LEADERSHIP — FIVE

FIVE Holdings
As Co-Founder, Chief Development Officer and Chief Sustainability Officer, Anand has been the architect behind one of the most advanced integrations of ESG, operational excellence and financial performance in global hospitality.
value seen: Development
value paraphrased from this source
https://five-holdings.com/leadership/

Sources: tags

COMPANYdate not shown in source

LEADERSHIP — FIVE

FIVE Holdings
As Co-Founder, Chief Development Officer and Chief Sustainability Officer, Anand has been the architect behind one of the most advanced integrations of ESG, operational excellence and financial performance in global hospitality.
value seen: Sustainability
value paraphrased from this source
https://five-holdings.com/leadership/

Sources: tags

COMPANYdate not shown in source

LEADERSHIP — FIVE

FIVE Holdings
As Co-Founder, Chief Development Officer and Chief Sustainability Officer, Anand has been the architect behind one of the most advanced integrations of ESG, operational excellence and financial performance in global hospitality.
value seen: MBA
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://five-holdings.com/leadership/

Sources: tags

COMPANYdate not shown in source

LEADERSHIP — FIVE

FIVE Holdings
As Co-Founder, Chief Development Officer and Chief Sustainability Officer, Anand has been the architect behind one of the most advanced integrations of ESG, operational excellence and financial performance in global hospitality.
value seen: Green finance
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://five-holdings.com/leadership/

Sources: title

COMPANYdate not shown in source

LEADERSHIP — FIVE

FIVE Holdings
Co-Founder, Chief Development Officer and Chief Sustainability Officer, FIVE Holdings
value seen: Co-Founder, Chief Development Officer and Chief Sustainability Officer, FIVE Holdings
https://five-holdings.com/leadership/
KK
Kallol Kundu
FIVE identifies Kundu as its CFO and says he joined in October 2024, with a remit covering the group’s global operations. An appointment report says he succeeded Jaydeep Anand and came from senior finance, risk and audit roles at The Oberoi Group and Kalpataru Group.
Current title
Chief Financial Officer, FIVE Holdings
since October 1, 2024
Experience
no career length stated
Companies before
The Oberoi GroupKalpataru Group
Education
University of LondonLLB
Not specifiedMBA in Finance
Not specifiedPhD in AI (in progress)
Other boards
none sourced
Known for
CFOFinanceRiskDigital transformationEx-Oberoi
https://linkedin.com/in/kallolkundu
“Post-COVID, the preferences of people, especially the younger generation, have completely changed.” Forbes Middle East February 26, 2025https://forbesmiddleeast.com/leadership/special-interview-1/hospitality-is-evolving

Sources: degree

COMPANYdate not shown in source

LEADERSHIP — FIVE

FIVE Holdings
an MBA in Finance, an LLB from the University of London, and a PhD in AI currently in progress
value seen: LLB
value paraphrased from this source
https://five-holdings.com/leadership/

Sources: institution

COMPANYdate not shown in source

LEADERSHIP — FIVE

FIVE Holdings
an MBA in Finance, an LLB from the University of London, and a PhD in AI currently in progress
value seen: University of London
value paraphrased from this source
https://five-holdings.com/leadership/

Sources: full name

COMPANYdate not shown in source

LEADERSHIP — FIVE

FIVE Holdings
KALLOL KUNDU Chief Financial Officer, FIVE Holdings
value seen: Kallol Kundu
https://five-holdings.com/leadership/

Sources: linkedin page

SOCIAL2026-08-18

Kallol Kundu LinkedIn profile

LinkedIn
# Kallol Kundu Group CFO, FIVE Holdings
value seen: https://linkedin.com/in/kallolkundu
https://linkedin.com/in/kallolkundu

Sources: previous companies

PRESS2024-07-09

FIVE Holdings appoints Kallol Kundu as new CFO

ETCFO · carried by cfo.economictimes.indiatimes.com
He previously served as Group Chief Financial Officer, Chief Risk Officer, and ESG-custodian at The Oberoi Group, and as President - Group Assurance, Risk and Audit at Kalpataru Group.
value seen: The Oberoi Group
https://cfo.economictimes.indiatimes.com/news/leadership/five-holdings-appoints-kallol-kundu-as-new-cfo/111609164

Sources: previous companies

PRESS2024-07-09

FIVE Holdings appoints Kallol Kundu as new CFO

ETCFO · carried by cfo.economictimes.indiatimes.com
He previously served as Group Chief Financial Officer, Chief Risk Officer, and ESG-custodian at The Oberoi Group, and as President - Group Assurance, Risk and Audit at Kalpataru Group.
value seen: Kalpataru Group
https://cfo.economictimes.indiatimes.com/news/leadership/five-holdings-appoints-kallol-kundu-as-new-cfo/111609164

Sources: quote

PRESS2025-02-26

Kallol Kundu, CFO Of FIVE Holdings: Hospitality Is Evolving

Forbes Middle East
“Post-COVID, the preferences of people, especially the younger generation, have completely changed,” says Kundu.
value seen: “Post-COVID, the preferences of people, especially the younger generation, have completely changed.”
https://forbesmiddleeast.com/leadership/special-interview-1/hospitality-is-evolving

Sources: since

PRESS2024-07-09

FIVE Holdings appoints Kallol Kundu as new CFO

ETCFO · carried by cfo.economictimes.indiatimes.com
FIVE Holdings, a Dubai-based real estate development and hospitality group, has announced the appointment of Kallol Kundu as the new Chief Financial Officer (CFO), effective October 1, 2024.
value seen: October 1, 2024
https://cfo.economictimes.indiatimes.com/news/leadership/five-holdings-appoints-kallol-kundu-as-new-cfo/111609164

Sources: summary

COMPANYdate not shown in source

LEADERSHIP — FIVE

FIVE Holdings
Kallol Kundu leads the financial engine that powers FIVE Holdings’ global ambition. He joined in October 2024 after cross-sector experience in hospitality, energy, consumer goods, EPC and real estate, and his remit spans the group’s global operations.
value seen: FIVE identifies Kundu as its CFO and says he joined in October 2024, with a remit covering the group’s global operations. An appointment report says he succeeded Jaydeep Anand and came from senior finance, risk and audit roles at The Oberoi Group and Kalpataru Group.
value paraphrased from this source
https://five-holdings.com/leadership/

Sources: tags

COMPANYdate not shown in source

LEADERSHIP — FIVE

FIVE Holdings
Kallol Kundu leads the financial engine that powers FIVE Holdings’ global ambition. A CFO who understands that ... he joined FIVE in October 2024.
value seen: CFO
value paraphrased from this source
https://five-holdings.com/leadership/

Sources: tags

COMPANYdate not shown in source

LEADERSHIP — FIVE

FIVE Holdings
Kallol Kundu leads the financial engine that powers FIVE Holdings’ global ambition. A CFO who understands that ... he joined FIVE in October 2024.
value seen: Finance
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://five-holdings.com/leadership/

Sources: tags

COMPANYdate not shown in source

LEADERSHIP — FIVE

FIVE Holdings
Kallol Kundu leads the financial engine that powers FIVE Holdings’ global ambition. A CFO who understands that ... he joined FIVE in October 2024.
value seen: Risk
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://five-holdings.com/leadership/

Sources: tags

COMPANYdate not shown in source

LEADERSHIP — FIVE

FIVE Holdings
Kallol Kundu leads the financial engine that powers FIVE Holdings’ global ambition. A CFO who understands that ... he joined FIVE in October 2024.
value seen: Digital transformation
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://five-holdings.com/leadership/

Sources: tags

COMPANYdate not shown in source

LEADERSHIP — FIVE

FIVE Holdings
Kallol Kundu leads the financial engine that powers FIVE Holdings’ global ambition. A CFO who understands that ... he joined FIVE in October 2024.
value seen: Ex-Oberoi
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://five-holdings.com/leadership/

Sources: title

COMPANYdate not shown in source

LEADERSHIP — FIVE

FIVE Holdings
KALLOL KUNDU Chief Financial Officer, FIVE Holdings
value seen: Chief Financial Officer, FIVE Holdings
https://five-holdings.com/leadership/

Projects

Assessment coverage

Completed projects: 2016-10-15 through 2026-10-15. Initial research is capped at 10 completed projects and a separate delivery-risk search capped at 7 findings. Risk findings are not project assessment counts. Absence is not proof of a complete portfolio or no failures. Month-level dates overlapping a boundary are excluded from figures.

0 undated completions and 0 boundary-uncertain completions are retained but excluded from figures.

Stalled, cancelled & overdue projects

0 evidenced cases
The capped delivery-risk search ran; no project-level exception cases are recorded here. Risk findings are listed under Risks and are separate from assessed projects. This does not establish that the developer has no delivery failures.

Completed projects

6 projects
ProjectLocationTypeUnitsFloorsAreaCostPayment planLaunchedConstruction startOriginal targetHandoverDelayConfidenceStatus
Sensoria at FIVE LuxeDubai, United Arab Emirates
Jumeirah Beach Residence
residential for sale54142—AED 472.1m
estimated cost
30% / 70%12022September 15, 2022Jul 2024 – Sep 2024Oct 2025+14.0 mo
(+13.0 to +15.0)
sourcedcompleted
Destino FIVE IbizaIbiza, Spain
hotel1591——EUR 27m
other
—2024marzo 22, 2024Jan 2025 – Dec 2025Jun 2025−0.5 mo
(−6.0 to +5.0)
sourcedcompleted
FIVE LUXE JBRDubai, United Arab Emirates
Jumeirah Beach Residence
hotel, hotel residences44413B+G+55———2021September 2, 2021Jan 2023 – Dec 2023Oct 2023+3.5 mo
(−2.0 to +9.0)
estimatedcompleted
FIVE ZurichZurich, Switzerland
hotel1491—20,534 m²——2020September 11, 2020Jun 2022Jul 2022+1.0 mo
(+1.0 to +1.0)
sourcedcompleted
FIVE Jumeirah VillageDubai, United Arab Emirates
Jumeirah Village Circle
hotel, hotel residences501160—AED 1.28bn
other
—2014June 2014Jan 2017 – Dec 2017Apr 2019 – Jun 2019+22.5 mo
(+16.0 to +29.0)
sourcedcompleted
FIVE Palm JumeirahDubai, United Arab Emirates
Palm Jumeirah
hotel, hotel residences697116173,965 m²AED 4.3bn
other
—2013May 2013Jan 2016 – Dec 2016Nov 2016+4.5 mo
(−1.0 to +10.0)
sourcedcompleted
Click any row for the sources behind it. Cost basis matters: an estimated cost, a construction loan and a sale price are different numbers. Each row states which one it is, so they are never averaged together.

Awards

Awards & recognition

6 found
COMPANY AWARD Winner 24 September 2025
Hospitality Company of the Year
FIVE Hotels and Resorts won Hospitality Company of the Year at the Gulf Business Awards 2025.
PROJECT AWARD Winner 2025–2026
Best Leisure Development Dubai · FIVE Luxe
FIVE Holdings’ FIVE Luxe was named Best Leisure Development Dubai in the 2025–2026 International Property Awards listing.
RANKING Ranked 4 September 2025
Top 100 GCC Real Estate Developers
FIVE Holdings was ranked 29th in Construction Week Middle East’s 2025 Top 100 GCC Real Estate Developers list.
SUSTAINABILITY Certified 19 October 2023
LEED Platinum certification · FIVE LUXE
FIVE LUXE received LEED Platinum certification under LEED v4 BD+C for New Construction, with a reported score of 89 points.
PROJECT AWARD Winner 24 May 2021
Best Tall Building Middle East & Africa — Audience Vote · FIVE Jumeirah Village Dubai
FIVE Jumeirah Village Dubai was recognised as Best Tall Building Middle East & Africa by audience vote at the 2021 CTBUH Awards; the same project also received an Award of Excellence in the 200–299-metre category.
PROJECT AWARD Highly commended 24 May 2021
Best Tall Building 200–299 meters — Award of Excellence · FIVE Jumeirah Village Dubai
FIVE Jumeirah Village Dubai received CTBUH’s Best Tall Building 200–299 meters Award of Excellence in 2021.

Risks

Auditor & credit ratings

2 agencies
AuditorDeloitte & Touche (M.E.)
Fitch RatingsB+ stable outlook · 2025
S&PBB- stable outlook · 2025

Risk flags

4 found
DELIVERY DELAY Project opened September 2, 2019; judgment published March 3, 2023
A DIFC Court judgment found that FIVE’s Jumeirah Village Circle hotel was not completed by the contractually revised date of October 25, 2018, opened on September 2, 2019, and experienced 663 days of delay; the court attributed the relevant later delay to FIVE or contractors for which FIVE was responsible, while rejecting FIVE’s delay claim against the aluminium contractor.
LEGAL Judgment March 3, 2023; payment order May 26, 2023; costs certificate August 30, 2023
In a construction dispute concerning the FIVE JVC Hotel, the DIFC Court dismissed FIVE Real Estate Development LLC’s claims, granted the contractor’s counterclaims, and ordered FIVE to pay costs; a subsequent order required payment of AED 17,028,125.19, and a final costs certificate assessed a further AED 3,112,497.03 against FIVE.
LEGAL Default judgment March 14, 2021; proceedings dismissed and judgment set aside March 28, 2024
FIVE Holding Limited and Five Hotel FZE obtained a March 2021 default judgment for AED 25 million against Qatar Insurance Company over pandemic-related business-interruption insurance, but the DIFC Court later set that judgment aside and dismissed the proceedings by consent after the jurisdictional dispute was resolved in favor of the Dubai Courts; the claimants were also ordered to pay the defendant’s costs.
LEGAL Reported March 15, 2018; underlying control dispute began June 2017
A reported dispute with Viceroy over management of the Palm Jumeirah hotel involved injunction proceedings and competing allegations: Viceroy alleged that Five improperly took control and sought to continue its claims against Five, while Five denied the allegations; in March 2018, the Los Angeles court had dismissed Five’s claims and allowed Viceroy to amend and re-submit its claims, while Five said Viceroy’s claims had been dismissed.

Record status

active
Coverageactive
Tracked sinceOctober 6, 2026
Last checkedOctober 15, 2026 this month
Profile last researchedOctober 15, 2026
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For informational purposes only. This information is not investment, financial or credit advice and should not be relied on for investment, lending or credit decisions. Records may be incomplete or outdated. Verify information independently and seek qualified advice before making a decision.