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Press Release

Feb 08, 2024

Gulf Business Real Estate

SEE ALL THE MOVERS AND SHAKERS IN THE GCC’S PROPERTY MARKET

Mark Phoenix joined Sankari Properties as CEO in 2023. Since taking the helm of the luxury property firm, he has built a professional environment where high-performing experts, meticulous operations, and a visionary outlook come together to deliver distinctive landmarks.

With more than 30 years of diversified experience, and over 15 years of experience in the UAE real estate market, Phoenix has spearheaded high-end, signature projects that transform how guests experience form and function.

Renowned for his hands-on and personable approach, Phoenix integrates seamlessly between creative, engineering, and administrative teams, facilitating collaboration and encouraging productivity.

He has collaborated with architectural majors such as Zaha Hadid and Norman Foster, as well as leading hospitality brands, Dorchester and Melia. His portfolio features some of Dubai’s most iconic developments, including Opus, One Palm, The Lana and Orla Infinity. The vision Phoenix has for the industry has been underpinned by progressive thinking and boundless ambition. Dubai’s luxury property market is witnessing a remarkable phase of growth and diversification. The emirate has emerged as a magnet for high-net-worth individuals seeking unique, opulent homes offering more than just comfort-representing status, innovation, and unparalleled luxury.

The segment is projected to grow substantially, with Knight Frank’s recent report projecting a 3.5 per cent growth in prime residential sectors. The growth is driven by an increasing demand for luxury properties, which are not just living spaces but embodiments of architectural excellence and exclusivity.

Sankari Properties extends beyond the conventional boundaries of real estate, inter- twining a story of tradition and excellence. As a growing contributor to the UAE’s development, the real estate firm brings a distinct blend of dedicated service and deep commitment to its ventures.

WITH MORE THAN 30 YEARS OF DIVERSIFIED EXPERIENCE, AND OVER 15 YEARS OF EXPERIENCE IN THE UAE REAL ESTATE MARKET, PHOENIX HAS SPEARHEADED HIGH-END, SIGNATURE PROJECTS THAT TRANSFORM HOW GUESTS EXPERIENCE FORM AND FUNCTION.

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