Topic
Abbas Sajwani
Stories tagged Abbas Sajwani
Shangri-La Dubai Acquisition: AHS Buys Hotel for AED 1.1B
AHS Properties has acquired the landmark Shangri-La Hotel Dubai for AED 1.1 billion, one of the largest single-asset property transactions recorded in the UAE in recent years. Announced on June 10, the deal underscores soaring demand for trophy assets on Sheikh Zayed Road.
12 Jun 2026
Abbas Sajwani, 26, Joins Dubai's Billionaire Ranks
Abbas Sajwani, 26, has entered Dubai's billionaire conversation with a $1.9 billion net worth and a $3 billion-plus portfolio through AHS Properties — a company he founded in 2021 and grew from $100 million to $1.65 billion in assets within two years.
1 Apr 2026
Dubai Big Ben Tower Is Back as AHS Tower
Dubai's long-vacant Big Ben Tower is finally coming back to life. Abbas Sajwani, 26-year-old heir to the DAMAC fortune, bought the clock-faced skyscraper for $120M and has already generated $600M in pre-sales for the rebranded AHS Tower.
31 Dec 2025