Real Estate

Dubai Family Bets on Luxury Property Boom With $1 Billion Towers

  • Homes at Sankari Properties’ project start at $11 million
  • Dubai’s high-end market not seeing any saturation: CEO
Rendering of Regent Residences Dubai - Sankari Place.Source: Sankari Properties
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Dubai’s Al Sankari family, which operates one of the emirate’s largest fashion and retail firms, is betting on the booming luxury real estate market with homes starting at nearly $11 million.

The $1 billion project — featuring two towers connected by a penthouse — will have 63 homes, each occupying a full floor and with a private pool on the terrace.