THE BRAND
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.
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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development experience
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 30 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
Textile Legacy
- Entered the textile industry in Karachi.
- Gained recognition as a leading name within a few years.
1990
Real Estate Entry
- Successfully delivered our first real estate project.
- Launched two more projects in the same year.
1995
Portfolio Growth
- Completed 5+ residential projects.
2005
Trusted Brand
- Surpassed 10 completed projects in Pakistan.
- Emerged as a trusted brand in real estate.
2016
Rehmet Heights
- Delivered Rehmet Heights — an iconic high-rise in Karachi’s skyline.
2022
Industrial Parks
- Launched 2 mega industrial park developments spanning 105+ acres.
2023
Major Rollouts
- Rolled out 5 major projects across Pakistan including:
- Midway G+6
- RTC 1 (G+8)
- RTC 2 (G+8)
- CDR Tower (G+18)
- Rehmat Galleria.
2025
Provenza Residence
- Grand launch of Provenza Residence in JVC Dubai.
- Introduced timeless French architecture to Dubai’s skyline.
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.
- Entered the textile industry in Karachi.
- Gained recognition as a leading name within a few years.
- Successfully delivered our first real estate project.
- Launched two more projects in the same year.
- Completed 5+ residential projects.
- Expanded team to over 100 professionals.
- Surpassed 10 completed projects in Pakistan.
- Emerged as a trusted brand in real estate.
- Delivered Rehmet Heights — an iconic high-rise in Karachi’s skyline.
- Launched 2 mega industrial park developments spanning 105+ acres.
- Rolled out 5 major projects across Pakistan including:
- Midway G+6
- RTC 1 & 2 (G+8)
- CDR Tower (G+18)
- Rehmat Galleria.
- Grand launch of Provenza Residence in JVC Dubai.
- Introduced timeless French architecture to Dubai’s skyline.
OUR FOUNDERS
Muhammad Asnan Rehmatwala
CEO
Building on a Legacy. Creating the Future.
CEO’s Statement
For over 30 years, our legacy has been built on quality, trust, and creating spaces that stand the test of time. At IKR Development, we bring this heritage into Dubai with a vision to build thoughtfully designed residential and real estate developments that deliver lasting value. With every project, we combine experience, innovation, and quality construction to shape communities that meet the needs of today while creating a stronger future for generations to come. Rooted in experience, driven by vision, and focused on what comes next.
Muhammad Kamran Rehmatwala
Director
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.
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.
CEO's Quote
Building on a Legacy,
Creating the Future.
CEO’s Statement
For over 30 years, our legacy in construction has been built on quality, trust, and delivering projects that stand the test of time. At IKR Development, we carry this heritage forward with a clear vision to create premium residential developments that offer lasting value for homeowners and property investors in Dubai.
As a trusted real estate developer in Dubai, every project reflects our commitment to exceptional craftsmanship, innovative design, and uncompromising quality. From thoughtfully planned luxury residences to strategically located communities, we are dedicated to delivering developments that enhance modern living and provide long-term investment value.
As we continue to grow, our mission remains to build communities that inspire confidence today while creating a legacy for generations to come.
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Joint venture
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