About Us
Established by Rashed Karmastaji and Khalid Al Jassim, ARK Proventus is a real estate brokerage agency focusing on strategic investment opportunities throughout the Middle East, with an emphasis on Dubai. Our business is driven by the many strong relationships we maintain with our esteemed clients, with whom we have an excellent track record.
At ARK Proventus, we help our investors to preserve and grow their wealth by matching their requirements with appropriate property investment opportunities. We stay informed about the market to identify current and future property trends. We maintain the highest standards of ethical conduct, are professional about our execution and are passionate about our investments.
To date we have closed over AED 1.6 Billion of Dubai real estate investment transactions.
Values
Integrity I Passion I Honesty I Privacy I Respect I Teamwork I Entrepreneurial
Vision
To be recognized as Dubai’s leading property brokerage agency servicing a network of wealth managers, private clients and institutional investors for mid to high-end investments.
Mission
We will develop a first-class portfolio of property investments by expanding our network of investors through the delivery of unique property investment opportunities. We will deepen these relationships by providing tailored advice to our investors.
At all times, our dealings will respect the utmost privacy of our investors and adhere to the highest ethical standards and investment principles. Our employees are rewarded with a healthy, positive work environment to continuously deliver results to the highest standards.
Why Invest With Us?
Business Philosophy
At ARK Proventus we are inspired by a simple, back to basics approach to real estate investment. For many generations, income yielding real estate has been considered a stable asset class and the basis of wealth preservation. More recently, real estate investment has tended to become overcomplicated. In our view such complication carries many risks. We believe it’s time to get back to basics.
The most effective form of real estate investment is achieved by targeting core properties in sensible locations that provide stable income yields and long term capital growth.
We help our clients preserve and increase their wealth by matching them with core property investment opportunities suited to their investment profile. Sounds uncomplicated doesn’t it?
That’s the how we like to keep it.
Services
At ARK Proventus we build on our extensive network of relationships to source high-quality investment deals for our clients including:
Our Founders
Rashed Karmastaji
Managing Partner
Rashed is Chairman of the Karmastaji Group, a Dubai-based privately owned multi-sector group of companies spanning real estate investment and development, marketing and IT. Rashed has delivered over US$ 500 million in Dubai real estate transactions since 2005.
Khalid Al Jassim
Partner
Khalid is one of the founding members of Arcapita Bank, a leading Islamic investment bank based in the Kingdom of Bahrain with offices in Atlanta, London and Singapore. He established the placement department and helped the bank raise in excess of US$ 4 billion. In his 15 years with Arcapita, Khalid was instrumental in helping the bank pave its way towards becoming a specialized private equity house and expanding its reach globally.
Prior to joining Arcapita, Khalid served as a Senior Consultant with Arthur Andersen in the Kingdom of Bahrain, responsible for multi-dimensional projects in the GCC market. He was the Project Manager for high profile projects including the Arab Open University and the Global Islamic Banking initiative.
Khalid has a BS in Computer Science and Mathematics from the California State University at Long Beach, and an Executive MBA from Pepperdine University in California.
Jeroen Vanhaver
Partner
Jeroen is a leading figure in Dubai’s luxury real estate sector, known for his deep expertise in high-value real estate assets investments and discreet off-market transactions. With dual master’s degrees in Arts & Architecture and Construction Engineering from UHasselt University, he brings a unique blend of creative vision and technical acumen to every project. Since 2014, Jeroen has been recognized for his exceptional work, forging strong relationships across Europe and establishing a formidable network in Dubai. Renowned for his integrity and unwavering commitment, he excels in navigating the complexities of elite real estate, making him an invaluable partner for UHNWI clients seeking unparalleled opportunities.
Contact Us
T: +971 (0) 50 537 2098
E: sales@arkproventus.com
Office 1506, Opal Tower
Abraaj St. Business Bay
PO Box 118180 – Dubai, UAE
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