Real Estate


Name Designation
Eng. Nabil Al Khaled Chief Operating Officer 
Ayman Al Souki Assistant Chief Operating Officer

ACICO Gulf Real Estate

ACICO Gulf Real Estate is a private investment management company based in Kuwait that specializes in the ownership & development of real estate properties of exceptional quality in select markets of the Arabian Gulf nations.

ACICO’s expertise includes acquiring development sites, deal underwriting and structuring, all aspects of development management including land use approvals, project design, sales, marketing, construction management, actual construction, project financing, fitting and decorations, property management and leasing services.

Products and Services

ACICO Real Estate is a diversified real estate management company. It provides a full range of real estate development services for all asset classes including high rise, office, commercial, medical and residential buildings with a dedicated team of professionals and support staff.

Since its inception, ACICO has developed multiple housing units in several asset classes including residential lots, low-rise housing, mid and high-rise condominiums, hotels, and business centers worth hundreds of millions of dollars. ACICO currently has multiple multi-million-dollar high rise residential units and condominium units under development, in addition to managing several thousand square feet of retail space.

Nassima Tower 

Nasima Tower is a 45-storey condominium development located in Dubai, right on Sheikh Zayed Road, just south of the world-famous Jumeriah beaches. ACICO is the lead developer and construction manager for this award-winning project, which includes multiple residential units and several hundred square meters of retail space. This development carefully blends modern design with historic architecture. ACICO successfully infused the building with 24 floors of office space, significantly increasing project profitability.

ACICO Business Park 


ACICO Business Park is home to nearly several existing businesses which perform a wide variety of uses such as distribution, manufacturing, processing, and warehousing, with the largest employers in shipping & logistics.

Businesses located within the ACICO Business Park with is strategically located adjacent to Port Saeed, Dubai enjoy the following strategic advantages:

  • Quick and convenient access to Sheikh Rashid Rd. (Highway E11) and Al Maktoum Rd. (Highway D89)
  • Located in a major commercial center, and one of the largest Ports along the Ras Fakan – Abu Dhabi Corridor
  • Located 10 kms to the Dubai International Airport and 15 kms to the Al Maktoum International Airport
  • DEWA – Public Utilities Service
  • High Speed Internet & Phone Facilities
  • Managed Public & Joint Space Security & Custodial Services
  • 24 hour Self-service Parking
  • Amenities – Furnished/Serviced Units available

ACICO Medical Plaza 

ACICO Medical Plaza at Dubai Healthcare City is Dubai’s most sought after new medical office development with two buildings totaling several hundred square meters in the heart of the new Port Saeed development in east Dubai. Initial operations are slated to begin in early 2017 offering a variety services at the location.

The new medical facilities will be located strategically to provide unfettered access to physicians and their patients alike and will serve the health care needs of the growing east Dubai communities through one convenient location.



    ACICO Industries Blocks Factory
    Al Shuaiba Industrial Area, Block 5, Str. 100, Avenue 64



    Qatar Aerated Concrete Industries Co. W.L.L. (Blocks Factory)
    Plot 39, Gabbro Area Mesaieed Industrial City, Zone 92, Str. 702

  • Kingdom of Saudi Arabia


    Saudi ACICO Co. LTD. (Blocks Factory)
    Jubail Industrial City, P.O. Box No: 724, Jubail (Zip)31951Eastern Province, Jubail



    ACICO Industries Co. -Dubai Br (Blocks Factory)
    Jabel Ali Industrial area 2, Jabel Ali, Dubai, U.A.E.

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Nassima Royal Hotel, Dubai

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The Distinct Location for Destination Dubai 

Nassima Tower, Dubai is a multi-storey 5-star luxury hotel and condominium project located in Dubai right on Sheikh Zayed Road, steps from the City’s best cultural, sports and entertainment venues and connected through the Dubai Metro system to the surrounding downtown core.

Major attractions surrounding the hotel include Dubai Trade Center, Dubai International Exhibition & Convention Center, Dubai International Financial Center and Emirates Towers. A few minutes away are the world famous Burj Khalifah, Dubai Mall and the Dubai Gold Market.

ACICO Hospitality continues to asset manage the hotel.

Hotel Facilities & Amenities

  • 471 Guest Rooms & Suites each with separate bathrooms
  • Multiple reception and meeting lounges on several floors
  • 5 onsite multi-cuisine restaurants & café’s
  • Expansive outdoor pool
  • Health Club & Kids Club
  • Airport Shuttle Service
  • 8 varying size meeting rooms and event halls
  • Day Spa
  • Centralized air conditioning with digital climate control.
  • Wireless high speed internet access & Phone Services.
  • 24 Hour Valet Parking Services
  • Multi-storey on premise parking facility

Radisson Blu Resort, Fujairah

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This resort is the leading luxury hotel in the Emirate of Fujairah and is one of only a handful of destinations to be continually recognized by travel magazines as having the #1 hotel spa in the region, in addition to being one of the most sought after family destinations.

Located just 90 minutes from Dubai, this property lies between the Hajjar Mountains and a mile of glistening private beach. The project covers an area of 29,605m2, including a breath-taking quarter kilometer of sandy beaches, with all rooms having an uninterrupted panoramic view of the Arabian Sea.

Inspired by historic local architecture of the region the resort features grand, extra-wide elevations and extensive landscaped areas. By introducing a unique, luxury hospitality project to the local market, ACICO expedited absorption and project profitability.

Hotel Facilities & Amenities

  • 257 Guest rooms & Suites - All rooms have ocean view.
  • Multiple reception and meeting lounges on several floors
  • 4 onsite multi-cuisine restaurants & café’s
  • Expansive outdoor pool
  • Luxury Spa, Health Club & Kids Club
  • Airport Shuttle Service
  • 3 meeting rooms and event halls
  • Centralized air conditioning with digital climate control.
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