Topic
DAMAC Properties
Stories tagged DAMAC Properties
Dubai's 5 Billionaire Developers Behind Its Global Rise
Dubai's transformation into a global real estate powerhouse traces back to five billionaire developers. From Emaar's Mohamed Alabbar to DAMAC's Hussain Sajwani, these founders shaped the city's skyline, tourism sector, and luxury property market.
6 Apr 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
DAMAC Properties Hits AED 36 Billion in 2025 Sales
DAMAC Properties posted AED 36 billion in sales in 2025, ranking first among Dubai's private developers. The milestone was driven by record-breaking launches, high-profile global partnerships, and the debut of DAMAC Hills Baghdad in Iraq under Managing Director Amira Sajwani.
21 Jan 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