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Abbas Sajwani, 26, Joins Dubai's Billionaire Ranks

The AHS Properties founder has built a $3 billion-plus real estate portfolio in just four years — and is now the youngest Arab billionaire in the sector.

Abbas Sajwani, 26, Joins Dubai's Billionaire Ranks
Cover: @abbas_saj/Instagram
By DUBAI2 min read
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  • 1Abbas Sajwani, 26, is the founder and CEO of AHS Properties and is recognised by Forbes as the youngest Arab billionaire in real estate, with a net worth of $1.9 billion.
  • 2He launched AHS Properties in 2021, growing its asset value from approximately $100 million to over $1.65 billion within two years, with a total portfolio linked to projects exceeding $3 billion.
  • 3AHS Properties focuses on ultra-luxury developments in prime Dubai locations including Palm Jumeirah and Dubai Water Canal.
  • 4Abbas Sajwani is the son of Hussain Sajwani, founder of DAMAC Properties, one of Dubai's largest luxury real estate developers, but built AHS Properties as an independent venture.

Abbas Sajwani has become one of the most talked-about names in Dubai real estate — and he is only 26 years old. With a net worth of $1.9 billion and a portfolio exceeding $3 billion, he is now recognised as the youngest Arab billionaire in real estate and a rising force reshaping Dubai's wealth landscape.

The Sajwani Name Still Leads Dubai Real Estate

Dubai real estate has long been tied to Hussain Sajwani.

He founded DAMAC Properties in 2002 and grew it into one of the region's most recognised developers. The company is known for luxury projects and branded residences, with tens of thousands of homes delivered and a presence across multiple international markets.

His position among top regional billionaires has remained consistent, with DAMAC continuing to play a central role in Dubai's high-end property market.

Abbas Sajwani Is Driving a New Wave in Dubai Real Estate

Now the spotlight is shifting to Abbas Sajwani.

He launched AHS Properties in 2021, focusing on ultra-luxury developments in areas such as Palm Jumeirah and Dubai Water Canal. In a short time, the company secured a multi-billion-dollar pipeline and positioned itself among the leading players in Dubai real estate.

AHS Properties grew rapidly, with asset value increasing from around $100 million to over $1.65 billion within two years. His broader portfolio has been linked to projects exceeding $3 billion, with further expansion already in progress. Forbes has since recognised him as the youngest Arab billionaire globally in real estate, with a net worth of $1.9 billion.

Abbas Sajwani was also featured in Forbes Middle East 30 Under 30, placing him among the region's most prominent emerging business leaders.

Dubai Billionaires Are Getting Younger

Dubai's billionaire conversations are starting to shift.

Younger founders and successors are taking active roles in growing family wealth while launching their own independent ventures. This trend is becoming more visible in Dubai real estate, investments, and diversified business groups.

Global reporting from Forbes shows a notable increase in billionaires under 30, driven by both new ventures and inherited wealth. In Dubai, that pattern is now clearly visible through Abbas Sajwani and AHS Properties.

The Sajwani family remains one of the most powerful in the region, anchored by DAMAC's long-standing presence in Dubai real estate. At the same time, Abbas Sajwani has opened a distinct new chapter — one built on ultra-luxury development, disciplined capital allocation, and a conviction that Dubai is repositioning from a discretionary luxury destination to a global hub for capital.

Dubai wealth rankings are no longer the exclusive domain of established names. A new generation is arriving — and Abbas Sajwani is leading it.

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Written by

Jovilyn Carman

Reporting from Dubai — independent, on the ground, and built on local sources.