Dubai Real Estate: Two New Projects to Launch in Palm Jumeirah
The Emirati entrepreneur, Abbas Sajwani launched his uber-luxury real estate company, AHS Properties, the Company has announced it has added two more projects to its portfolio bringing the Company’s Gross Development Value to USD $550 million between projects sold and under development.
AHS Properties
- Specialises in selling premium high-ticket properties, has acquired two low rise apartment buildings plots — one in Palm Jumeirah, and the other on the Dubai Canal.
- Working with world-renowned architects and brands to revamp these properties to meet the growing demand for ultra-luxury living.
- Aims to set the highest bar for delivering unique and quality ultra-luxury homes.
Construction
The buildings, which are both nine storeys high, comprise only 25 penthouses and sky villas, offering residents an exclusive and private experience, with some of the most sought-after views in the city.
Price Range
The Palm Jumeirah property and the Dubai Canal property will be priced at circa USD $1,100 per sq ft with interior designs by 1508 London and Hirsch Bedner Associates.
Inclusions
Each of the projects will feature: a state-of-the-art spa, private cinemas, cigar lounges and private swimming pools on all balconies.
Design
Global architect, Shaun Killa from Killa design, a long-time veteran of Dubai's architecture sector and designer of the Museum of the Future, has been appointed.
Project Announcements
AHS Properties announced its entry into the market in November 2021 with a total asset value of more than USD $100 million, comprising four luxury villas in Palm Jumeirah and Emirates Hills.
The Company has already sold three of its uber premium villa projects on the Palm Jumeirah with a combined value of more than USD $75 million.
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