As we mentioned in the introduction part, Sankari Properties is a new real estate developer. But their new & first residential project “Sankari One” has already made a significant impact on Dubai real estate. This residential development of twin towers is loathed in the famous Marasi Marina area of Business Bay. Offering 3, 4, and 5 bed apartments, and each unit occupying the entire floor to offer ultimate privacy and security.
This residential development is scheduled for completion in Q4 2027. With this project, Sankari Properties is very sure to be a popular choice for discerning investors and home buyers who are looking for the best living spaces in the centre of the city.
Sankari Properties is led by Chairman Mohammed Sankari, who brings extensive experience and a passion for creating exceptional projects. As the company is new but still we can mention some of the best expertise of this real estate developer.
Sankari Properties’ expertise is evident in the following areas:
Location: Sankari Properties’ projects are all located in prime locations, such as the Marasi Marina area of Dubai’s Business Bay and The Palm Jumeirah. These locations offer stunning views, easy access to amenities, and a vibrant lifestyle.
Design: Sankari Properties’ developments are designed by world-renowned architects and designers who create eye-catching and contemporary structures. The Sankari new development in Business Bay, for example, is designed by the award-winning firm Foster + Partners.
Amenities: Sankari Properties’ development provides a diverse array of amenities meticulously designed to cater to individuals of all ages and lifestyles. These offerings include round-the-clock concierge services, state-of-the-art fitness centers, inviting swimming pools, relaxing spas, and rooftop terraces boasting breathtaking views.
Sankari Properties’ unwavering commitment to excellence shines through in the exceptional quality of its developments, reflecting its dedication to creating remarkable experiences for both residents and investors. The company is poised to emerge as a key player in Dubai’s real estate market in the years ahead.
Sankari Properties Market Cap
Sankari Properties’ total assets, encompassing valuable land holdings, ongoing construction projects, and other assets, are estimated to exceed AED 1 Billion. Anticipated revenue growth in the coming years aligns with the completion and occupancy of its current and upcoming projects. The company’s strategic expansion plans across various parts of Dubai and the UAE are expected to contribute significantly to a favorable market cap.
Here are some factors that could affect Sankari Properties’ market capitalization in the future:
- The overall performance of the Dubai real estate market
- The success of Sankari Properties’ current and future projects
- The company’s financial performance
- The overall economic conditions in the Middle East
In a few words, Sankari Properties is a young company with a lot of potential. If the company can continue to execute its plans and deliver on its promises, it is likely to become a major player in the Middle East real estate market.
Frequently Asked Questions
When was Sankari Properties founded?
Sankari Properties was established in 2023.
Who is behind Sankari Properties?
Sankari Properties is the real estate arm of the Sankari Investment Group, led by Chairman Mohammed Sankari. The group boasts a 40-year legacy in high-end fashion and retail through its flagship company, Paris Group.
What types of properties does Sankari Properties develop?
Sankari Properties currently specializes in developing ultra-luxury residential projects for discerning investors and homeowners seeking the pinnacle of luxury living.
What is Sankari Properties' first project?
The company's debut project is the $1 billion twin-tower development Sankari Residences in the prestigious Marasi Marina area of Dubai's Business Bay. It offers three-, four-, and five-bedroom apartments, each occupying an entire floor for ultimate privacy and security. Completion is targeted for Q4 2027.
What are the future prospects of Sankari Properties?
With its focus on exceptional projects, prime locations, and commitment to exceeding expectations, Sankari Properties is poised to become a major player in Dubai and potentially expand its footprint in the Middle East's luxury real estate market.