Founder and CEO
Mulchandani is an Indian-born, Dubai-based businessman, entrepreneur and philanthropist from Mumbai. He is the founder and CEO of FIVE Holdings with interests in real estate and hospitality. In 2017, Mulchandani changed his company’s name from
SKAI to FIVE, symbolised by “V” which is the Roman numeral five.
The Viceroy Palm Jumeirah hotel opened on March 31, 2017, with much of its beach off limits for guest use due to the ongoing construction works by masterplan developer Nakheel.