Kasco Developments and its towers in Business Bay and on the Al Jaddaf waterfront
Kasco Developments is the Dubai property arm of the UAE-based KASCO Group, launched in September 2024, building apartment towers in Business Bay and on the Al Jaddaf waterfront. Its 65-home Volna reached physical completion ahead of its registered date, Kasco said in May 2026. Its largest tower, Onda by Kasco, stood at 61.1% in the last Dubai Land Department (DLD) inspection on record to 29 October 2026, with completion declared for 31 August 2027. NAHY Real Estate (RERA ORN 49326) asks Kasco what it can offer and checks owner resales: WhatsApp or call +971 55 650 7737.
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Reviewed by Mariane Nunes, Founder and CEO of NAHY Group. NAHY Real Estate L.L.C, RERA ORN 49326. Facts checked on 12 November 2026.
Kasco Developments at a glance
Registered with the Dubai Land Department as Kasco Real Estate Development L.L.C.
| DLD developer number | 1764, Kasco Real Estate Development L.L.C Source: DLD developer record, data to 29 October 2026 |
|---|---|
| Group | Development arm of KASCO Group, UAE-based, in real estate since 2008 Source: Gulf News, 24 September 2024; Arabian Business, 20 September 2024 |
| Leadership | Mustafa Al Kaissi, Chairman; Issa Abdul Rahman, CEO Source: Gulf News, 24 September 2024 |
| Projects with the DLD | 4 projects, 673 units, 3 under construction Source: DLD developer record |
| Registered sales | 96 from October 2025 to September 2026, 71 of them in Onda Source: DLD transactions, data to 29 October 2026 |
| Escrow bank | Emirates NBD (Onda by Kasco) Source: DLD project register |
| Completed | Volna by Kasco, 65 residences, ahead of its registered date Source: Gulf News, last updated 13 May 2026 |
Onda, Val, Volna and Fala: four Kasco buildings
Kasco entered the market in September 2024 with more than AED 1.2 billion for its first three projects, in Business Bay and Al Jaddaf (Gulf News, 24 September 2024). Two years on:
| Building | Where | Homes | Kasco date | DLD data |
|---|---|---|---|---|
| Onda by Kasco | Business Bay | 348, 23 floors | Q2 2027 | 352 units, 61.1% built, declared 31 Aug 2027 |
| Val | Al Jaddaf Waterfront | 121, 13 floors | Q4 2026 | not in the data |
| Volna | Al Jaddaf Waterfront | 65, 11 floors | Q2 2026 | not in the data; completed |
| Fala by Kasco | not confirmed | not published | not published | 116 units, registered 5 Oct 2026 |
Sources: Arabian Business, 23 October 2024 (Onda); Kasco's Val release, 28 November 2024, and TradeArabia, 5 February 2025 (Volna); DLD data to 29 October 2026. Onda by Kasco in Business Bay is the only Kasco project with 50 or more registered sales between October 2025 and September 2026, so it is the only one with a full DLD row in the data NAHY uses. Val has studios and one and two bedroom homes; Volna runs from studios to three bedrooms.
Volna early, Onda at 61.1%: Kasco's delivery record
- Volna: in February 2025 Kasco expected handover in Q2 2026. Gulf News (13 May 2026) reported physical completion ahead of the registered date, with Kasco then working through the final steps with the authorities before residents move in.
- Onda: Kasco announced Q2 2027 in October 2024; the DLD declares 31 August 2027, two months later. Work stood at 61.1% at the last inspection, from a recorded start on 1 September 2024.
- Val: Kasco gave Q4 2026 at launch; Khaleej Times described it as an ongoing project on 30 June 2026. NAHY asks Kasco for the current date.
The DLD record lists three of Kasco's four projects as under construction. Onda payments go to an escrow account at Emirates NBD.
Ask NAHY which Kasco Developments units are available now, or let us find you the best option
WhatsApp and phone: +971 55 650 7737
Al Jaddaf Waterfront and Business Bay in the DLD data
Val and Volna, two of the four buildings, are on the Al Jaddaf side of Dubai Creek. The DLD registered 743 property sales in the Jaddaf Waterfront community from October 2025 to September 2026, 83.6% of them off-plan, against 7,134 in Business Bay, where 51.9% were off-plan. Val's release places it five minutes from Dubai Festival City Mall and eight from Dubai International Airport, by Kasco's timing.
For investors: over the last 12 complete months of data, Jaddaf Waterfront had 1,388 Ejari rent contracts at a median of AED 85,000 a year, and Business Bay 15,023 at AED 89,250. NAHY does not promise a return; ask on WhatsApp at +971 55 650 7737 for rents on the Kasco unit type you are considering.
Buying from Kasco: which building, which route
- Onda by Kasco. At least 50 of its 352 units had no registered sale by 29 October 2026. Sales reach the register after reservation, so that is not stock; NAHY checks studio and one bedroom availability with Kasco.
- Fala by Kasco. Registered on 5 October 2026 with 116 units. NAHY asks Kasco for the released homes, the escrow account and the declared date.
- Val. Kasco's February 2025 release said Val sold out in about two weeks, so a home there comes through an owner's resale, which NAHY checks against the Oqood and Kasco's no objection certificate.
- Volna. With the building complete, NAHY checks the completion certificate and handover notice before any owner sale.
NAHY Real Estate has no partnership with Kasco.
Projects by Kasco Developments on NAHY
- Onda by Kasco
Business Bay
Kasco Developments: questions buyers ask
Who owns Kasco Developments?
The KASCO Group, a UAE-based group in real estate since 2008. Mustafa Al Kaissi is chairman and Issa Abdul Rahman chief executive. Its DLD company is Kasco Real Estate Development L.L.C, developer number 1764.
Is Kasco Developments reliable?
The facts: Kasco reported in May 2026 that Volna reached physical completion ahead of its registered date, Onda was 61.1% built for a declared 31 August 2027, and Onda's escrow is at Emirates NBD. Kasco Developments itself began in 2024; the wider group lists Waves Tower by KASCO, KASCO Residence and KASCO Tower among earlier buildings (Gulf News, 24 September 2024).
What projects has Kasco built in Dubai?
Volna by Kasco, 65 residences on the Al Jaddaf waterfront, is complete. Onda in Business Bay, Val in Al Jaddaf and Fala by Kasco are its other three projects.
Is Volna by Kasco ready?
Kasco reported physical completion ahead of its registered date in May 2026 and was then finishing the authority steps before handover.
What is Fala by Kasco?
Kasco's newest DLD registration, entered on 5 October 2026 with 116 units. NAHY asks Kasco for its location, homes and dates before you reserve.
Where does Kasco build in Dubai?
In Business Bay (Onda) and on the Al Jaddaf waterfront by Dubai Creek (Val and Volna).
How do I get Kasco's prices and payment plan?
Tell NAHY on WhatsApp, +971 55 650 7737, which Kasco building and unit type you want; Kasco's prices and payment plan, or an owner's terms, come back there.
Talk to a NAHY broker about Kasco Developments
WhatsApp and phone: +971 55 650 7737
Sources
- Dubai Land Department developer record (Kasco Real Estate Development L.L.C), project register (3052 Onda By Kasco), transactions and Ejari contracts, data to 29 October 2026; 2026 register (Fala By Kasco), read 8 November 2026
- Gulf News, KASCO Developments launches in UAE property market with AED 1.2 billion investment, 24 September 2024; Arabian Business, 20 September 2024
- Arabian Business, KASCO Group wellness development in Business Bay (Onda), 23 October 2024
- Kasco Developments release on Val, 28 November 2024, and TradeArabia on Volna, 5 February 2025
- Gulf News, Kasco Developments completes Volna waterfront residences in Dubai's Al Jaddaf, last updated 13 May 2026
- Khaleej Times, Al Jaddaf and Kasco's Volna and Val, 30 June 2026