Shangri-La Dubai

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