About us, JP8.
JP8 is a UAE-based, private real estate firm founded in 2024, specialising in the development and management of commercial assets, particularly industrial and logistics across the United Arab Emirates, responding to the region’s growing demand and positioned along the trade routes where global and domestic commerce is growing fastest.
JP8 leverages its local expertise, relationships, and access to strategically located land pipeline to build a strong development and repeatable platform.
Today, we operate with strong alignment and high agency with our investors and clients to source and acquire strategically locates sites, develop, and manage industrial and logistics parks with a clear focus on long-term value creation.
Our Principle.
At JP8, every opportunity is built on rigorous due diligence, strategic planning, weighting potential risks, and precise execution.
Above all, we recognize that we are in a relationship-driven business. Trust, long term partnerships, and reputation are not just values we uphold, they are the foundation of everything we do.
Our StoryJP8’s journey began with a clear vision and ambitious goals. Rather than rushing into development, we focused our early efforts on strategic groundwork, refining our investment approach, accessing the right sites for acquisition, and building a strong foundation for long-term growth. We understood that success requires patience and the ability to seize the right opportunities at the right time.
The UAE’s industrial and logistics real estate market and economy have witnessed exceptional momentum, fuelled by strong rental growth, low vacancies, and surging demand across logistics, manufacturing, and storage. This growth is underpinned by transformative national programs such as the Dubai Economic Agenda (D33) and Operation 300bn, both reflecting the UAE’s long-term commitment to industrial innovation and economic diversification. Recognising the immense potential within this rapidly evolving landscape, economy and political leadership stability, JP8 was established in 2024 and our plan to capture and enter the industrial market focusing on development and management of logistics and industrial projects began to take shape.
Prior founding JP8, our founders, Jasem and Nam, managed a real estate portfolio for local families and their private portfolio, including industrial and residential asset classes within the UAE. With over 30 years of local presence in the UAE’s business - mining, raw mineral trading, and real estate sectors, JP8 brings deep market understanding, access to strategic sites, right relationships, and know how.
Today, our priority is clear: to identify and secure prime industrial land, develop logistics industrial parks to sustain the strong market demand, and forge strong partnerships with investors and partners seeking exposure to one of the most dynamic real estate markets and sectors in the region. While we may not be the largest developer in portfolio and AUM, our ambitions and vision are the highest. We have the right team and market understanding, fully capable of meeting these ambitions.
Meet Jasem Esmaeili.
Founding Partner
Jasem is JP8’s co-founding partner, bringing over a decade of experience across industrial mining and trading, construction, and real estate. Prior to JP8, he founded JAYEECO Group and continues to manage his family’s third-generation mining and raw-mineral trading business, active across the UAE and Africa. Through long-standing local relationships, Jasem provides JP8 with hands-on market insight, strong execution capability, and access to strategic partnerships and development sites.
Leveraging his local network and on-the-ground expertise, he leads negotiation, site acquisition, and execution across the project’s lifecycle.
Outside of work, Jasem is a sports fanatic and enjoys playing and watching football where he’s a huge FC Barcelona fan, and playing padel.
Meet Phan Hoang Nam.
Founding Partner
Nam is mainly involved in strategy and in the day-to-day operations of the company. He is also active in acquisitions, development, leasing and communication with investors. His goal for JP8 is not just to build a network of multifunctional commercial industrial parks across the Emirates, with each project, we want to improve both the local urban infrastructure and the quality of life for everyone around it.
Prior to founding JP8 in 2024, Nam spent two years in Savills (Vietnam) and founded PPG (Czech Republic), responsible for providing real estate investment advisory investor and developer clients.
Nam holds a Master’s in Property Development from the University of Technology Sydney and a BA in International Business from EU Business School Munich.
Outside of work, Nam enjoys training Brazilian jiu-jitsu and exploring speciality coffee.