AHS Properties to launch $1.3bn AHS Twin Towers on Dubai's Sheikh Zayed Road
AHS Properties is preparing to launch the $1.3bn AHS Twin Towers commercial complex in Dubai. The project is built on the Shangri-La Dubai hotel, which the company acquired earlier.
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what happened
AHS Properties is preparing to launch AHS Twin Towers, a new $1.3bn commercial complex on Sheikh Zayed Road in Dubai, according to Reuters. The project follows the company's purchase of the Shangri-La Dubai hotel for AED1.1 billion.
The building will be converted into a Grade A office property with a ground floor and 50 storeys. Gensler is the architect, while the in-house studio AHS Atelier handles the interiors. The complex will add wellness and fitness areas of more than 30,000 sq ft, over 12,000 sq ft of dining space, more than 1,000 parking spaces and a landscaped rooftop garden.
Abbas Sajwani, founder and CEO of AHS Properties, said the project continues the AHS Tower line, which sold out for more than $700 million while still under development.
why it matters
For markets this is a single deal in Dubai's commercial property sector rather than a macro event. It suggests developers are betting on premium office space and amenities, not location alone.
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sources
- ZAWYA: $1.3bln AHS Twin Towers set for launch Dubai's Sheikh Zayed Road — Reuters, 28 October 2026 at 03:28 UTC
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