Designing the Future,
Delivering Excellence Every
Step of the Way.

IKR Development is a visionary real estate development firm built on a legacy of excellence, integrity, and innovation. Rooted in over three decades of experience in Pakistan’s construction and textile sectors, our company represents the evolution of a multi-generational commitment to quality, trust, and community development.

Headquartered in Dubai, IKR Development brings together the expertise of seasoned professionals and the foresight of modern market leadership. Our portfolio reflects a seamless blend of traditional values and forward-thinking design, with a mission to redefine residential living across the UAE.

Led by Mr. Kamran Rehmatwala and Mr. Asnan Rehmatwala, IKR Development is committed to delivering thoughtfully designed, high-quality properties that not only meet the evolving needs of homeowners and investors but also uphold the legacy of reliability and excellence passed down through generations.

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Years of Real Estate
development experience
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Projects

Our Journey

IKR Development was founded on the legacy of the late Mr. Ilyas Rehmatwala, a respected pioneer in Pakistan’s construction industry. With over 35 years of experience and a strong foundation in trust, quality, and community values, the Rehmatwala family has achieved success across both real estate and textile (yarn) trading sectors. Now led by his sons and grandson, IKR Development represents the family’s strategic expansion into Dubai’s dynamic real estate market—focused on delivering premium residential communities with architectural excellence and uncompromised quality.

1985
  • Entered the textile industry in Karachi.
  • Gained recognition as a leading name within a few years.
1990
  • Successfully delivered our first real estate project.
  • Launched two more projects in the same year.
1995
  • Completed 5+ residential projects.
  • Expanded team to over 100 professionals.
2005
  • Surpassed 10 completed projects in Pakistan.
  • Emerged as a trusted brand in real estate.
2015
  • Delivered Rehmet Heights — an iconic high-rise in Karachi’s skyline.
2022
  • Launched 2 mega industrial park developments spanning 105+ acres.
2023
  • Rolled out 5 major projects across Pakistan including:
  • Midway G+6
  • RTC 1 & 2 (G+8)
  • CDR Tower (G+18)
  • Rehmat Galleria.
2025
  • Grand launch of Provenza Residence in JVC Dubai.
  • Introduced timeless French architecture to Dubai’s skyline.

Director's Quote

Innovating Real Estate,
Delivering Excellence.

Director’s Statement

IKR Development was founded with a visionary goal to revolutionize the real estate landscape through innovation, excellence, and integrity. From humble beginnings to global recognition, we remain committed to quality and client satisfaction. We take pride in anticipating market trends and delivering exceptional projects. Our team is passionate about pushing the limits of property development, ensuring each project enriches the community while setting new industry standards.

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Joint venture

Joining hands with us can take your business concern to greater level of prosperity