KASCO Developments Unveils VOLNA with AED 100 Million Investment at Al Jaddaf Waterfront

Portfolio | Feb 05, 2025 | Zawya

KASCO Developments Unveils VOLNA with AED 100 Million Investment at Al Jaddaf Waterfront

KASCO Developments, the real estate division of KASCO Group, in collaboration with Evolutions, has launched a new residential project named VOLNA located in Al Jaddaf Waterfront, Dubai. This 11-story building comprises 65 residential units ranging from studios to three-bedroom apartments, all aiming to offer a blend of functionality and aesthetic appeal. With an investment of AED 100 million, VOLNA features a host of amenities including a fitness center, swimming pool, and coworking spaces, designed to offer residents a comprehensive lifestyle experience. The project's strategic location offers convenient access to major areas like Downtown Dubai and Business Bay. The construction has already commenced, and the project is expected to be handed over by the second quarter of 2026. KASCO is committed to advancing the UAE property market with innovative real estate concepts and plans to sell one million square feet of residential projects by the end of 2025.

Sectors

  • Real Estate Development
  • Architecture and Design

Geography

  • United Arab Emirates – The project is located in Dubai, UAE, and is part of the country's real estate sector developments.
  • Dubai – Specific mention of the city where the new residential project, VOLNA, is being developed.

Industry

  • Real Estate Development – The article discusses the launch of a new residential project, which falls under real estate development.
  • Architecture and Design – The focus on aesthetic excellence and modern design trends in VOLNA highlights the relevance of this industry.

Financials

  • AED 100 million – The total investment for the VOLNA project in Al Jaddaf.

Participants

NameRoleTypeDescription
KASCO DevelopmentsDeveloperCompanyReal estate arm of KASCO Group, responsible for developing VOLNA.
KASCO GroupParent CompanyCompanyFamily-owned enterprise with a diversified portfolio including real estate development.
EvolutionsReal Estate Intelligence HubCompanyCollaborated with KASCO Developments in launching VOLNA, offers real estate consultancy.
Mustafa Al KaissiChairmanPersonChairman of KASCO Developments, overseeing the launch of VOLNA.
Issa Abdul RahmanCEOPersonCEO of KASCO Developments, involved in strategic decisions for the company.
Adham YounisCEOPersonCEO of Evolutions, highlighting the collaboration with KASCO.