Transcending Tradition: Abbas Sajwani Reveals His Vision For The Future
As Dubai witnesses a boom in uber-luxury real estate investments, the visionary Founder and CEO of AHS Group unveiling his foresight for the future
Abbas Sajwani, Founder and CEO of AHS Group is breaking new grounds in the uber-luxury real estate sector, attracting the global elite. His lofty ambitions are creating first-of-its-kind projects that present lucrative investment opportunities, and as he steps out in a light of his own; his eyes are set on the UAE’s ambitious trajectory as it welcomes top talents from around the world.
“Our commitment transcends the mere development of real estate,” says the 23-year-old visionary who, like his father, Hussain Sajwani, CEO of DAMAC Group, adopted a forward-thinking approach to real estate back in the early 2000s. “We are dedicated to nurturing a milieu that seamlessly blends business with leisure, echoing the UAE’s progressive and visionary objectives.”
He continues, “Our strategic vision is to remain at the forefront of the uber-luxury real estate market by steadfastly championing innovation and curating personalised experiences.”
Ever since establishing AHS Properties under the AHS Group in 2021, he has been focusing on creating and delivering bespoke mansions and villas, with customised living spaces that are unique. Only recently, the sale of a 30,000 square-foot penthouse in One Canal for $50 million to the family office of a European billionaire, cemented the company’s reputation for being a pioneer in the ultra-luxury real estate sector. The sale was dubbed as the most expensive penthouse purchase in Dubai.
Developed in collaboration with Fendi Casa, the One Canal project, first launched in November 2022, has ultra-big penthouses and sky villas, where every unit has a pool – something that Abbas says hasn’t been seen before. A private gym, steam room, sauna, exclusive rooftop garden and two additional private pools, dual parking spaces and soaring high ceilings, are just a few of the highlights.
Similarly, another upcoming project launched earlier this year, is the One Crescent on the Palm Jumeirah. “Over the coming three to five years, our engagement strategy with our clientele is built upon fundamental pillars: innovation and personalised experiences,” explains Abbas. By specialising in developing bespoke mansions and villas, his vision for AHS Properties extends beyond just the conventional realms of business.
“Our properties are not just structures; they embody an elite lifestyle”
Abbas Sajwani
“I see our company as a comprehensive ecosystem designed for UHNWIs. With a keen understanding of the distinct necessities of this sophisticated clientele, AHS Group was conceived with three specialised verticals – ventures, investments, and properties,” he explains.
Today, the company boasts a portfolio that is valued at around $1.65 billion, with self-financing of its projects being one of its main strengths. Each property developed includes the latest technology, intelligent home systems, advanced security solutions, and environmentally conscious construction materials.
“Our properties are not just structures; they embody an elite lifestyle meticulously curated to go on and transcend traditional development. We consistently aim to integrate innovation, functionality, and sustainability into the core of our projects, setting new benchmarks for luxury living that are sustainable, not just for the present but also for the future,” shares Abbas.
Based on market insight, Abbas explains how Dubai’s luxury real estate sector is set to become the busiest super-luxury market globally, having surpassed $3.1 billion in sales during the first half of the year. By the close of the year, the UAE expects to welcome an estimated 4,500 millionaires who would have located to Dubai, and AHS Properties is set to capture a niche spot amongst this audience.
“In our ventures division, we curate exclusive investment opportunities that are at the forefront of emergent markets and innovations. Our investment arm optimises returns and safeguards against risks, ensuring alignment with our clients’ fiscal ambitions,” shares Abbas, emphasising how the properties vertical guarantees a smooth and enriching experience in both living, and doing business within Dubai.
For more information, please visit ahs-properties.com
From Harper’s Bazaar Interiors’ Winter 2023 issue.