AHS Properties tops Dubai’s $10m property market in 2024

AHS Properties has cemented its position as one of the leading developers in Dubai’s luxury real estate market, leading sales of high-end properties valued between $5m and $10m in 2024.

This achievement underscores the company’s commitment to excellence and luxury living, with flagship developments including One Canal, One Crescent, and Casa Canal driving its success.

“Our portfolio continues to attract elite clientele from across Europe who seek the finest in waterfront and ultra-luxury living,” said Abbas Sajwani, founder and CEO of AHS Properties.

“The success of One Canal, One Crescent, and Casa Canal demonstrates our ability to not only meet but exceed expectations in delivering world-class residences that redefine luxury,” Sajwani added.

Founded in 2017 by Sajwani, AHS Group has grown into a powerhouse with an asset value nearing $3bn and a workforce exceeding 2,000 employees.

In 2020, AHS Investments was launched, building a $150m diversified portfolio across private and public equity.

Under his leadership, the company was launched in 2021, rapidly gaining recognition for its innovative approach to luxury real estate.

The company’s sales in 2024 reflect its ability to cater to the sophisticated preferences of high-net-worth individuals, with the majority of buyers hailing from Italy, Germany, France, the UK and Switzerland.

AHS Properties has achieved significant milestones, including the successful introduction of Casa Canal, featuring opulent interiors by Fendi Casa, and contributing to a gross development value (GDV) of $2.7bn as of 2024.

With an ambitious pipeline, the company targets a GDV of $5bn this year, further cementing its dominance in Dubai’s luxury real estate sector.