Five

FIVE Holdings, initially established as SKAI Holdings in 2011 and rebranded in 2017, is a prominent real estate developer based in Dubai, focusing on luxury properties and hospitality. The company operates several high-profile properties, including FIVE Palm Jumeirah, FIVE Jumeirah Village, and FIVE Zurich. They are also preparing to launch FIVE LUXE in March 2024. Known for their innovative approach in the hospitality sector, FIVE Holdings integrates luxury living with sustainable practices. Their developments are notable for their environmental initiatives, such as operating with 100% solar power in Dubai and maintaining a carbon footprint significantly lower than industry averages.

Under the leadership of CEO Aloki Batra, FIVE Holdings has achieved high occupancy rates and increased revenue, reflecting strong management and market presence. The company has expanded its brand globally, acquiring The Pacha Group, which is famous for its nightlife offerings in Ibiza. This acquisition aligns with their strategy to blend entertainment with luxury hospitality. FIVE Holdings has also been recognized for its commitment to sustainability and innovation, receiving an 'A' ESG rating and promoting initiatives like Net Zero Luxury Living, which aims to transform luxury skyscrapers into energy sources.