Soham

Dubai-based KM Properties, a subsidiary of KM Holding, a full-fledged real estate development company with a portfolio of residential, commercial and freehold properties, has plans to open its first sales office in Abu Dhabi to promote its portfolio of real estate options in Dubai and Saudi Arabia, developed under KM Properties and KMPK Properties respectively. KM Properties owns number of projects in the UAE, which covers modern offices and residential towers, retail areas, healthcare clinics and luxury hotels.

Dr. Mohammad Al Haddad, Chairman and CEO of KM Holding, said, “Abu Dhabi has huge potential as both a sales hub and for future real estate development. Following our participation in last week’s Cityscape exhibition in Abu Dhabi we were really able to see the business possibilities for the emirate and are now working towards making our market entry in the not too distant future”.

KM Properties is developing major real estate projects such as El Matador Tower, B2B Tower and Park Lane Tower at Business Bay, Dubai. His Royal Highness Prince Khalid Bin Al Waleed Bin Talal Al Saud and KM Holding entered into a joint venture to launch a new Saudi-based real estate development company, KMPK Properties. The new firm will develop various real estate projects using a ‘six value benefits’ character which includes hotel facilities services, prime locations, good accessibility, luxury design, quality and delivery aspects.