Heritage developer defines off-plan confidence for buyers with a build-first philosophy
Delivered on schedule, the AED 110mn development is already approximately 70% occupied, reflecting strong buyer confidence in a developer whose roots in Dubai’s real estate market extend back more than 25 years.
Unlike many developers that launch projects off-plan, Alyakka follows a distinctive build-first philosophy, beginning sales only once construction has surpassed 50% completion. The approach significantly reduces delivery timelines while providing buyers with greater certainty, tangible construction progress and confidence in build quality before making an investment.
Heritage
The strategy is underpinned by the company’s heritage through the SBK Group, one of Dubai’s longstanding property owners and operators. The Group has developed, owned and managed residential assets across the emirate since the late 1990s, earning a reputation for quality construction, operational excellence and long-term asset stewardship.
Alyakka Developers was established as the Group’s dedicated freehold development arm, bringing this proven expertise to a new generation of homeowners and investors.
Compelling proposition
“Our philosophy is simple: build first, sell later. Combined with our focus on developing in Dubai’s strategic, high-growth neighbourhoods, we create a compelling proposition built on trust, quality and long-term value. Waha Living is the first demonstration of that promise,” stated Sheikh Suhail Bin Khalifa Saeed Al Maktoum, Founder, Alyakka Developers.
The SBK Group has owned and operated residential buildings for decades, and Alyakka carries that experience into everything it builds. Materials, layouts and finishes are chosen for durability and long-term liveability, so the quality lasts well beyond handover, a press statement concluded.
