WHO WE ARE
At SKAI, we believe great human values inspire profound business values and that simple thought
has allowed us to create one of the region’s most progressive companies in the real estate sector.
We are a team of entrepreneurs who are purpose-driven, performance-oriented and principle-led,
each working collectively with a united vision to create long-term and tangible value for all
Click here to view our corporate film.
Click here to find out more about our leadership team.
At the heart of our corporate culture resides the essence of INSPIRED PERSPECTIVES,
two powerful words that articulate our approach of embracing simplicity in a fast-evolving market,
by looking beyond the obvious, relying on our intuitive capabilities and our deep-rooted knowledge
about the unpredictable nature of the real estate industry.
We believe the most valuable real estate in the world is our customer’s mind; this drives us on
a daily basis to aim for distinction in every action and ensure every promise we make is upheld
to peerless standards.
Our pursuit of excellence is based on four core values;
At SKAI, we believe trust is the foundation of success. We believe integrity in thought and action
is the starting point of any sustainable journey and long-lasting relationships. We take pride
in our passion to create a culture of trust amongst our colleagues that also benefits our partners
At SKAI, we believe in empowering all our colleagues to be entrepreneurial at heart as this
encourages imaginative solutions to complex problems, giving us the critical advantage of decisive
momentum at the most demanding of times. Our talent pool of both management and operational
staff are the cornerstones of our culture as they take responsibility to play an active part in delivering
impeccable value to our stakeholders.
At SKAI, we are compelled on a daily basis to be creative in our approach as we strive to monetise
opportunities that yield maximum returns for our stakeholders. Whether it is new and efficient
design principles, innovative technologies that pioneer change or simply challenging the status quo
of operational fundamentals, we disrupt convention to create enviable results.
At SKAI, our energy and intellect is glued together by our intuitive capabilities to anticipate
the unpredictable. Our insights about the business of real estate, the ever-changing nature
of demand and supply and the implications of global macro-economic trends are complemented
by our instinct to always stay ahead of the curve, ensuring we monetise every stage
of the real estate cycle.
We take pride in our ambition yet remain rooted to fostering trust, encouraging entrepreneurship,
driving innovation and most importantly, relying on our intuition. INSPIRED PERSPECTIVES
is our unique, collaborative culture that upholds these simple principles and promises.
WHAT WE DO
At SKAI, we have a unique integrated approach that is designed to take advantage of the different
cycles of the real estate industry.
This principle of ‘synchronised profitability’ is harnessed by five key activities, each playing a vital role
to protect the interests of the company and its stakeholders during the cycle.
Our business strategy is defined by a clear mandate to create, evolve and protect a self-sufficient
economic model during the four stages of Growth, Oversupply, Slump and Recovery within
the real estate industry.
This model of interlinked efficiencies is managed by seasoned professionals, whose expertise
and knowledge allows SKAI to build an eco-system of business disciplines that are perpetually
collaborative and profitable.
SKAI’s seamless value generation capabilities are supported by the following eco-system;
These symbiotic and cyclical business disciplines run in perpetual harmony to each cycle
of the real estate industry, giving SKAI a distinct advantage to pioneer profitable ventures
on behalf of its stakeholders.
InvestmentAt SKAI, we remain focused on investing in completed projects at the most
opportune time. Our insights and knowledge allow us to identify when market
confidence is ebbing within the sector and our access to robust capital reserves allow
us to invest in opportunities in a timely manner. Similarly, our aim for profitable
returns is tempered by our mature outlook to always exit the cycle well before it turns.
RestructuringAt SKAI, we are always attuned to evaluate the merit of investing in existing projects
or acquire unfinished ones, which drive faster returns during the intermediate stages,
as opposed to the peaks and troughs, within the real estate cycle. With a proven
track record, we have identified numerous unique opportunities to acquire, evolve
and sell properties and deliver excellent returns in a time-efficient manner.
DEVELOPMENTAt SKAI, we embark on our most significant endeavors by launching and developing
real estate projects as the market is beginning to Recover. This affords us unique
advantages, from low market entry barriers to attractive cost efficiencies
for real estate development and in return those benefits drive higher profitability
for our stakeholders.
BrokerageAt SKAI, our brokerage division provides efficient distribution for our own projects
and also plays a profound role for the collective benefit of all our strategic business
units. This perennial service allows us to gain deeper understanding about consumer
confidence, market demand and upcoming projects, which in return impacts
our ability to invest and develop in the most commercially compelling manner
in our own projects.
For more information on SKAI Real Estate Brokerage, click here
HOSPITALITYAt SKAI, we have a strong strategic focus to grow our hospitality division
and all our vertical business units feed into hospitality as this provides the organisation
the ability to maneuver during the Slump in the real estate sector. In return,
this provides the company’s other divisions the ability to remain nimble, confident
and independent during demanding times, as well as invest in new projects.
- SERVICED APARTMENTS
Viceroy Dubai Jumeirah VillageVISIONARY 'BREATHING ARCHITECTURE'
A PENTHOUSE ON EVERY LEVELPROXIMITY TO DUBAI’S MOST POPULAR DESTINATIONS
Viceroy Dubai Jumeirah Village comes alive with pioneering design principles that redefine 21st century living. Construction on the 60-storey tower is already underway with the hotel scheduled for operation in 2018. Its distinctive star wing design was trademarked in 8 categories. Conceptualised inhouse by architect Nabil Akiki, CEO of Real Estate Development, the unique design allows for each room and apartment to incorporate a vast landscaped garden.
489,230 square feet of landscaping creates a greenery to land ratio of 7:1.
A total of 271 swimming pools combine to produce a water surface area of two acres, and deep soil beds in every apartment allow trees to grow at 888 feet.
The huge frontage, larger than a luxury villa, bestows 200-degree views stretching from Jebel Ali to Downtown Dubai.
Viceroy Dubai Jumeirah Village will feature 247-hotel rooms and suites as well as 221 one-and-two bedroom apartments and 33 four-bedroom apartments with private pools. The tower is strategically located in close proximity to three of Dubai’s arterial roads (Al Khail Road, Sheikh Mohammad Bin Zayed Road (formerly Emirates Road) and Hessa Street) and a short drive from Dubai’s new Al Maktoum International Airport and Expo 2020 site.
The property will include five dining venues hosted by world-class chefs, including an all-day dining concept, a lobby café, pool bar, sports bar and a rooftop Chinese restaurant. Other amenities include state-of-the-art gymnasium, fitness centre with outdoor yoga terrace and lavish swimming pool, sauna and steam room and boutique spa.
viceroy dubai Palm JumeirahValued at AED 3.6 billion
477 rooms and suites
222 signature residences
of the Arabian Sea
Viceroy Dubai Palm Jumeirah is SKAI Holdings' extraordinary endeavour
at opulence along the shoreline of Palm Jumeirah in Dubai. This magnificent
structure will stand testament to SKAI’s passion for perfection and its innovative
approach to luxury hospitality. The distinct resort and its 10 spectacular culinary
venues, 7 well-appointed meeting spaces and the exquisite wellness offering
will be characterised by inspired architecture and definitive design.
For more information on Viceroy Dubai Palm Jumeirah, click here
Jumeirah Village CircleValued at AED 400 millionBuilt-in Jacuzzis
Nestled in new Dubai, Jumeirah Village Circle is a family-friendly enclave
set amidst a verdant landscape and home to Villa Heights. SKAI Holdings
will complete and refurbish three highly anticipated projects within this area,
namely Villa Myra, Villa Pera and Cappadocia, creating residences boasting
bespoke design elements, ornate fixtures, wide overhangs and balconies
with built-in landscaping.
THE GREENSValued at AED 160 million
COSY STUDIO APARTMENTSAIRY 1 AND 2 BEDROOM RESIDENCES
Built-in barbeque grills
CHEERFUL PLAY AREAS
Located within The Greens community, SKAI Residency features 117 stylish
serviced apartments for short and long-term leases. Punctuated by sun-drenched
landscaped gardens, it offers elegant studio, one bedroom and two bedroom
accommodations that cater to the needs of modern-day lifestyles.
The development offers services like sheltered parking, 24-hour reception
and security, state-of-the-art gymnasium and swimming pool.
For more information on SKAI Residency, click here
jumeirah beach residenceLiving spaces across 40 towersCHIC Penthouses
Adjacent to the VIBRANT JBR Walk
Located at the heart of the lively Jumeirah Beach Residence, Bahar 4 offers
a lifestyle reminiscent of living in a luxurious beach resort. With over 6,000
apartments, this community offers easy access to the uptown locales in the city.
SKAI Holdings saw great potential in this AED 140 million project and purchased
the development before completion. The company has seen sizeable returns
by making sure each residence is a source of pride for home owners.