Sankari Properties
Life. Illuminated. Ultra-Luxury Living Redefined by a 40-Year Legacy.
Dubai's Premier Master Developer
Sankari Properties is one of Dubai’s most prestigious ultra-luxury real estate developers, launched in 2023 by Chairman Mohammed Sankari — the second generation of the renowned Sankari family — on the 40th anniversary of Paris Group, the family’s flagship retail and fashion company. Sankari Investment Group was originally established in 1983 by Mohammed’s father, Dr Abdulkader Sankari, and has since grown to operate Paris Group with over 300 high-end fashion and retail stores globally. The launch of Sankari Properties marked the family’s strategic entry into real estate — leveraging decades of brand expertise, an exceptional prime land bank strategically assembled over many years, and a deep understanding of luxury lifestyle to redefine Dubai’s ultra-high-end residential segment. The company is led by CEO Mark Phoenix, a 30-year luxury property development veteran, who joined Sankari in February 2023 to translate the family’s vision into world-class developments. Sankari’s philosophy is captured in its tagline ‘Life. Illuminated.’ — a commitment to crafting bespoke sanctuaries that transcend ordinary living. Every project carries the family name, reflecting a personal pledge to the highest standards of excellence. Sankari’s architectural and design vision is realised through exclusive partnerships with two world-renowned firms: Foster + Partners (Norman Foster’s Pritzker Prize-winning London studio, responsible for iconic global architecture) handles all architecture and exterior design; Portia Fox London crafts the interiors; and YODEZEEN contributes to design storytelling.
Sankari Properties Achievements
One Sankari — 57-Unit Masterpiece by Foster + Partners
One Sankari is Sankari Properties' debut development — an ultra-exclusive twin-tower complex on Marasi Marina, Business Bay, comprising just 57 full-floor residences designed by Pritzker Prize-winning Foster + Partners, with interiors by Portia Fox London. Each residence occupies an entire floor — with units ranging from 6,300 sq. ft to 45,000 sq. ft (ultra triplex penthouse) — and features private temperature-controlled pools, ceiling heights of 3.7m to 7.5m, and direct canal views. Prices start at AED 40 million, with penthouses from AED 85 million.
Regent Residences — World's First Regent-Branded Homes
Regent Residences Dubai. Sankari Place is the world's first residential complex carrying the Regent brand — a landmark achievement for both Sankari Properties and the global luxury hospitality sector. The twin 37-storey towers in Marasi Marina, Business Bay offer 63 full-floor residences including 10 unique floating water villas, 5-bedroom penthouses, and one ultra-penthouse, ranging from 7,000 to 30,000 sq. ft. Designed by Foster + Partners with interiors by Portia Fox London, every unit features a private temperature-controlled pool and access to over 55,000 sq. ft of premium amenities.
40-Year Sankari Family Legacy — Paris Group & Beyond
Sankari Properties is built on the foundation of one of the UAE's most respected family business dynasties. Founded by Dr Abdulkader Sankari in 1983, the Sankari Investment Group encompasses Paris Group — a high-end fashion and retail company with over 300 stores globally — along with hospitality, investment, and now real estate through Sankari Properties. The family strategically accumulated a prime Dubai land bank over many years, including plots in Marasi Marina, Palm Jumeirah, and Al Furjan — providing the foundation for an exceptional development pipeline.
Palm Jumeirah Villas & Al Furjan Community Pipeline
Beyond its Business Bay towers, Sankari Properties is developing 18 large signature villas on Palm Jumeirah — including some of the most exclusive plots at the tip of Palm Fronds — and a 144-villa standalone community in Al Furjan, where construction has already commenced. These projects signal Sankari's ambition to expand from ultra-luxury towers into Dubai's most coveted villa and mansion segments, further leveraging the family's long-held prime land bank.
All Sankari Properties Projects in Dubai
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Areas Developed by Sankari Properties
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Frequently Asked Questions About Sankari Properties
Common questions about investing in Sankari Properties developments
Sankari Properties is one of Dubai’s most exclusive ultra-luxury real estate developers, founded in 2023 by Chairman Mohammed Sankari as part of the Sankari Investment Group — a UAE holding company with a 40-year legacy in high-end fashion and retail (Paris Group, 300+ global stores). The company is led by CEO Mark Phoenix (30+ years in luxury property) and focuses exclusively on ultra-high-end developments in Dubai’s prime locations, in partnership with Foster + Partners (architecture) and Portia Fox London (interiors).
Sankari Properties was formally launched in 2023, coinciding with the 40th anniversary of Paris Group — the Sankari family’s flagship fashion and retail company. The family’s real estate journey actually began years earlier, with Chairman Mohammed Sankari and his father Dr Abdulkader Sankari (who founded Sankari Investment Group in 1983) strategically acquiring prime Dubai land plots in Marasi Marina, Palm Jumeirah, and other key locations long before the developer’s formal launch.
One Sankari is Sankari Properties’ debut development — an ultra-luxury twin-tower complex on Marasi Marina in Business Bay. The development comprises just 57 full-floor residences (36 three-bedroom, 15 four-bedroom, 5 penthouses, and 3 ultra triplex penthouses), ranging from 6,300 to 45,000 sq. ft. Designed by Foster + Partners with interiors by Portia Fox London, residences feature private temperature-controlled pools, ceiling heights of 3.7m–7.5m, and direct Dubai canal and skyline views. Prices start at AED 40 million. Handover is targeted for Q4 2027.
Regent Residences Dubai. Sankari Place is the world’s first Regent-branded residential complex — a landmark collaboration between Sankari Properties and Regent Hotels & Resorts. The twin 37-storey towers in Marasi Marina, Business Bay offer 63 full-floor residences including 3–4 bedroom apartments, 10 floating water villas, 5-bedroom penthouses, and one ultra-penthouse (7,000–30,000 sq. ft.). Also designed by Foster + Partners and Portia Fox London, every residence features a private temperature-controlled pool and access to 55,000+ sq. ft of resort-style amenities.
Both One Sankari and Regent Residences Dubai. Sankari Place are designed by Foster + Partners — the Pritzker Prize-winning London architectural firm founded by Sir Norman Foster, responsible for iconic global landmarks including the Gherkin (London), Apple Park (California), and many others. Interior design for both developments is by Portia Fox London, a globally recognized interior design studio. YODEZEEN also contributes to Sankari’s design philosophy. This world-class design team positions Sankari alongside OMNIYAT (Zaha Hadid) as a developer that brings internationally renowned architects to Dubai.
The Sankari family has one of the UAE’s most distinguished business legacies. Dr Abdulkader Sankari founded the Sankari Investment Group in 1983, and Paris Group — the group’s flagship fashion and retail company — has grown to operate over 300 high-end stores globally. Chairman Mohammed Sankari (second generation) was recognised by Arabian Business in their Dubai 100 list for his leadership and entrepreneurial vision. The family began strategically acquiring prime Dubai real estate plots years before Sankari Properties was formally launched in 2023.
Sankari Properties has an ambitious pipeline beyond its Business Bay towers. The company is developing 18 large signature villas on Palm Jumeirah — including exclusive plots at the tip of Palm Fronds — and a 144-standalone-villa community in Al Furjan, where construction has already commenced. CEO Mark Phoenix has confirmed the family holds ‘several plots in Palm Jumeirah’ and ‘very nice plots’ in other prime Dubai locations, signalling further surprise launches.
Sankari Properties exclusively targets the ultra-luxury and super-prime segment of Dubai’s market. One Sankari starts at AED 40 million for three-bedroom full-floor apartments, with five-bedroom penthouses from AED 85 million and the ultra triplex penthouse at 43,000 sq. ft. Regent Residences ranges from AED 7,000 to 30,000 sq. ft per unit. These prices position Sankari alongside OMNIYAT (One at Palm, VELA) and Alpago Properties as among Dubai’s most exclusive residential developers.
Sankari’s current developments are concentrated in Marasi Marina, Business Bay — one of Dubai’s most prestigious waterfront addresses on the Dubai Water Canal, minutes from Downtown Dubai, Burj Khalifa, and Dubai Mall. Future projects include 18 Palm Jumeirah signature villas (including tip-of-frond plots) and 144 standalone villas in Al Furjan. The family’s land bank extends beyond these announced locations, with CEO Mark Phoenix hinting at further prime sites.
Sankari developments offer some of Dubai’s most extravagant amenity packages. At One Sankari and Regent Residences, residents enjoy: private temperature-controlled swimming pools in every residence, spa facilities, wine vault, golf simulator, cigar lounge, cinema, business lounge, fitness studios, beauty salon, indoor swimming pool, children’s play area, supermarkets and restaurants. The ultra triplex penthouses include private garages and separate arrival areas. Every residence features smart home systems covering lighting, temperature, and security.
Sankari’s investment case is compelling for the super-prime segment. With just 57 units in One Sankari and 63 in Regent Residences, extreme scarcity drives demand. The Foster + Partners design pedigree, world’s-first Regent branding, Marasi Marina waterfront location near The Lana Residences by Dorchester, and the family’s 40-year UAE legacy all support price appreciation. Dubai’s $10M+ property transactions grew from 23 in 2019 to 436+ annually, and Sankari is directly positioned in this booming ultra-prime segment.
Sankari, OMNIYAT, and Alpago occupy Dubai’s super-prime tier, but with distinct identities. OMNIYAT is the most established, with 7 Dorchester Collection partnerships and a dominant 37% share of Dubai’s $10M+ transactions. Alpago focuses on one-off ultra-luxury mansions (Billionaire Row, Palm Jumeirah). Sankari is the newest entrant but differentiates through its Foster + Partners exclusivity, the world’s-first Regent branded residences, extreme scarcity (57 and 63 units respectively), and a 40-year family legacy — positioning it as a generational developer rather than a serial launcher.
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