The United Arab Emirates (UAE) has experienced a remarkable evolution in recent decades, transitioning from a desert nation to a prominent global center for innovation and commerce. This transformation has brought about substantial social and economic advancements. This swift change has a particularly significant impact on the upcoming generation, individuals under 30 years old, who are poised to inherit their parents’ legacy and play a pivotal role in shaping the future of the UAE and their family entities. As we venture into new opportunities and envision the future, it’s crucial to take a look at the lessons, knowledge, and insights we’ve acquired during our journey.
Shaping the Future of Real Estate in the UAE
The upcoming generation in the UAE is optimistic about the nation’s prospects and keen to contribute to its ongoing success, envisioning themselves playing a leading role across multiple sectors, including the booming real estate market. They also understand the importance of economic diversification and globalization, aiming to create new opportunities within the real estate landscape by moving beyond traditional sectors like oil and gas. Advocating for increased globalization and openness to fresh ideas, they reflect a dynamic approach to innovation and market growth in real estate development.
Synergizing Generations
The wisdom of older generations, combined with the energy and fresh perspectives of younger ones, creates a dynamic force for positive change. This collaborative approach not only ensures continuity and stability but also builds innovation and adaptability, essential elements for navigating the ever-evolving real estate landscape in the UAE. Despite Sankari’s recent entry into the real estate industry and the ongoing evolution of our flagship venture, Foster + Partners designed twin tower development, we remain motivated by a rich legacy. For over four decades, my father has paved his way in the UAE, adapting, growing, and innovating. This legacy not only shapes our family’s journey but also mirrors the broader narrative of the UAE’s economic resilience and vision.
As Sankari and other entities continue to evolve and innovate, we must harness the collective insights and experiences of past and present generations to shape a vibrant future. Our journey reflects not just personal growth but also the ongoing narrative of the UAE’s ability to adapt, thrive, and lead on the global stage. Together, we can cultivate wisdom for tomorrow, ensuring that our shared legacy is one of resilience, innovation, and prosperity.
Mohammed Sankari,
Chairman
