Draft:AHS Properties
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| Type | Private |
|---|---|
| Industry | Real estate development |
| Founded | 2021 in Dubai, United Arab Emirates |
| Founder | Abbas Sajwani |
| Website | ahsproperties |
AHS Properties is a United Arab Emirates-based real estate development company headquartered in Dubai. The company was founded in November 2021 by Abbas Sajwani, the son of Damac Properties founder Hussain Sajwani.[1]
History and Developments
[edit]The initial business operations of AHS Properties focused on purchasing, renovating, and reselling residential properties in Dubai neighborhoods, including Palm Jumeirah and Emirates Hills.[2] In October 2022, the company completed the sale of three renovated villas located on Palm Jumeirah.[3][4]
In November 2022, AHS Properties launched One Canal, a residential building located along the Dubai Water Canal. The project was designed by architect Shaun Killa[5] and developed in partnership with Fendi Casa.[6] The company reported the sale of the building's penthouse unit in October 2023.[6]
The company expanded its residential portfolio in January 2023 with the launch of One Crescent, a residential building located on Palm Jumeirah.[6] Later that year, AHS Properties partnered again with Fendi Casa to develop a project named Casa Canal.[7]
In July 2024, AHS Properties acquired a vacant, 69-story building on Sheikh Zayed Road from the Commercial Bank of Dubai.[8][9][10] The structure, notable for its clock-face design and colloquially referred to as the "Big Ben" tower, was subsequently rebranded as AHS Tower.[11][12][13][14]
In May 2025, the developer announced another residential project on the Dubai Water Canal, designated as Casa AHS.[15][16][17][18]
References
[edit]- ↑ "Dubai's AHS Properties plans to launch $850 million project in Dubai". The National. 17 October 2023. Retrieved 2026-03-27.
- ↑ العثمان, ابراهيم (2024-10-22). "دبي.. بيع فيلا في نخلة جميرا بـ 130 مليون درهم". أريبيان بزنس (in Arabic). Retrieved 2026-03-27.
- ↑ Report, Gulf News (2022-10-12). "Super-luxury villa makeovers in Dubai pay off for Abbas Sajwani". Gulf News. Retrieved 2026-03-27.
- ↑ "AHS Properties sells $50mln One Canal Penthouse in Dubai Water Canal". Zawya. 25 October 2023. Retrieved 2026-03-27.
- ↑ البيان. "«إيه إتش إس العقارية» تعزز محفظتها بإضافة مشروعين في دبي". www.albayan.ae (in Arabic). Retrieved 2026-03-27.
- 1 2 3 "Dubai Water Canal penthouse sells for whopping $50 million". Khaleej Times. Retrieved 2026-03-27.
- ↑ Rahman, Fareed. "Dubai's AHS Properties plans to launch $850 million project in Dubai". The National. Retrieved 2026-03-27.
- ↑ "Billionaire's Son to Revive Dubai's Long-Vacant 'Big Ben' Tower". Bloomberg. 29 December 2025. Retrieved 6 March 2026.
- ↑ "Abbas Sajwani's $120m 'Big Ben' tower bet pays off with $600m in sales – report". Arabian Business. Retrieved 6 March 2026.
- ↑ اليوم, دبي ـ الإمارات (2026-01-16). "معلم تجاري جديد على شارع الشيخ زايد.. والافتتاح مطلع 2027". www.emaratalyoum.com (in Arabic). Retrieved 2026-03-27.
- ↑ "إعادة إحياء برج «بيغ بن» في دبي". صحيفة الخليج (in Arabic). Retrieved 2026-03-27.
- ↑ "AHS Properties breathes new life into abandoned tower on Sheikh Zayed Road". Gulf News. Retrieved 6 March 2026.
- ↑ "AHS Properties' bold transformation of Dubai's 'Big Ben' tower delivers $600m in sales". Gulf News. 2026-01-14. Retrieved 2026-03-27.
- ↑ "Dubai freehold: AA Tower on Sheikh Zayed Road is going freehold". Gulf News. Retrieved 6 March 2026.
- ↑ "Exclusive: Abbas Sajwani shares details of AHS Properties' new launch". Gulf Business. 20 May 2025. Retrieved 2026-03-27.
- ↑ Writer, Staff (2025-05-21). "Dubai real estate: AHS Properties unveils $750mn waterfront project". Arabian Business. Retrieved 2026-03-27.
- ↑ "Dubai: 'Big Ben' tower AHS Tower sold out". Khaleej Times. Retrieved 6 March 2026.
- ↑ "Dubai strong office demand pushes sell-out of 69-storey AHS Tower". Arabian Business. Retrieved 6 March 2026.
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