Kabir Mulchandani is a hands-on developer who famously forwent his air-conditioned office in Downtown Dubai for a construction site while building his flagship FIVE Palm Jumeirah Dubai. It was only two years later, after the hotel was given regulatory approval, that he finally walked offsite.
The completion of the $1.17bn hotel sealed his successful comeback in the Dubai property industry. Not only did the hotel hand over its 220 stunning residences and 450 hotel rooms but it was also opened ahead of schedule. Mulchandani has announced he is now on track to open a second hotel in Jumeirah Village Circle in 2018.
Mulchandani is a keen philanthropist. In the same month that FIVE Palm Jumeirah Dubai opened, he launched Project Udaan with the aim of saving a life a day in India. The project is funded by FIVE Hotels & Resorts and provides daily life-saving surgery to cure children who are born with congenital heart defects. It also supports the New Faces Trust in India, paying for surgery to help children born with facial deformities.
Mulchandani also hopes to open a children’s hospital in India.
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