Construction & Real Estate

AHS Properties buys Shangri-La Hotel Dubai for $300m

UAE-based AHS Properties has announced that it has entered into a deal with Mismak Asset Management to acquire the 43-floor Shangri-La Hotel in Dubai for AED1.1 billion ($300 million) in one of the largest single-asset real estate transactions recorded in recent history. The 200-m property is located on Sheikh Zayed Road. ...

Construction & Real Estate

Youngest Arab billionaire Abbas Sajwani aims to scale project pipeline to $13.61bn

Youngest Arab billionaire Abbas Sajwani's AHS Properties aims to scale its project pipeline to AED50 billion ($13.61 billion) in value by year-end....

Construction & Real Estate

AHS' flagship commercial tower in Dubai fully sold out

AHS Properties has announced that its flagship commercial project, AHS Tower, in Dubai has been fully sold out, generating more than $700 million in revenue. Designed by renowned architecture firm Killa Design, the 69-storey tower will come up on Sheikh Zayed Road. ...