The Five-by-Five rule: Interview with Kabir Mulchandani

  • Date: 30-Jul-2022
  • Source: Gulf Business
  • Sector:Real Estate
  • Country:UAE
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The Five-by-Five rule: Interview with Kabir Mulchandani

To briefly recap a challenging but rewarding journey – between 2004-2008, I traded $8bn in real estate but by June 2008, I turned my focus to develop a long-term, sustainable entity. I first looked at land for Five Palm Jumeirah in 2012 on a Thursday evening – and closed the deal by Sunday morning! Three years later it came to life and became a celebrity spot followed by Five Jumeirah Village in 2019. As a pace setter in hospitality, we put its entertainment offerings at the forefront – live performances by chart toppers, layered with award-winning culinary offerings and luxurious accommodation. As an entrepreneur I am also acutely aware of my social responsibility, and we have partnered with various organisations such as The Diya Foundation, Sri Gangaram Hospital and New Face Charitable Trust that are deeply involved in life-saving activities. The impeccable leadership by Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, who is constantly working with our partners to enhance the growth of the tourism and travel sectors at local, regional and international levels, has earned Dubai the enviable position of connecting the East and the West and thus