Abu Ali Malik Shroff, chairman of Dubai-based developer, Sheffield Real Estate has said the firm is set to complete Marina 101 by the end of next year, despite a 60 per cent default rate, Emirates 24-7 has reported. “We are trying to discuss with the buyers ways and means to come to a mutual understanding but we at the present time are not looking at terminating their contracts,” he told the daily. The project comprises 101 floors with a total built up area of 1.68mn square feet.