AHS Properties, a premier real estate developer renowned for its ultra-luxury projects in Dubai, has forged a significant strategic partnership with FENDI Casa, for the development of the high-end project CASA Canal. This collaboration is set to further enhance the unique aesthetics of CASA Canal, AHS Properties’ ambitious project alongside the Dubai Canal. Valued at an impressive $850 million, CASA Canal is on course to redefine the standards of uber-luxury in Dubai’s real estate.
HS Properties, a premier real estate developer renowned for its ultra-luxury projects in Dubai, has forged a significant strategic partnership with FENDI Casa, for the development of the high-end project CASA Canal. This collaboration is set to further enhance the unique aesthetics of CASA Canal, AHS Properties’ ambitious project alongside the Dubai Canal. Valued at an impressive $850 million, CASA Canal is on course to redefine the standards of uber-luxury in Dubai’s real estate.
AHS Properties has announced that it has forged a significant strategic partnership with Fendi Casa, for the development of its high-end project Casa Canal being set up at an investment of $850 million alongside the Dubai Canal.
The Emirati entrepreneur Abbas Sajwani, founder and CEO of AHS Properties, attributes his entrepreneurial mindset to his father, Hussein Sajwani. Much like his father’s success in shaping Dubai’s real estate landscape and Damac’s prominent position in the regional property market, the Sajwani’s son made a mark by launching AHS Properties at precisely the right time, specializing in ultra-luxurious real estate. In just two years, the company achieved unprecedented growth in its projects, with its asset value soaring from $100 million at inception to $1.65 billion today. A remarkable success story for a new company keeping stride with Dubai’s global ascent …
AHS Properties, an ultra-luxury real estate company, has announced the successful sale of an iconic penthouse at the One Canal in Dubai for $50 million. It has been acquired by the family office of a European billionaire, thus making it one of Dubai’s most expensive penthouse deals.
The 30,000-sq-ft penthouse at One Canal stands as a magnificent sky mansion, ingeniously merging four rooftop units. This architectural marvel boasts state-of-the-art amenities: a dedicated gym, steam room, sauna, an exclusive rooftop garden accompanied by a pool, two additional private pools, grandiose high ceilings and dual parking spaces.
Residents can revel in breathtaking panoramic views, capturing the majesty of iconic landmarks, including the Burj Khalifa, Burj Al Arab and the serene Dubai Canal.
According to AHS, this milestone agreement follows closely on the heels of the company’s collaboration with Fendi Casa in November last year, which heralded the launch of the One Canal project.
With a gross development value of $450 million, the project experienced rapid sales, and the penthouse sale represents the final piece of the available inventory.
Everose Properties, under the representation of Karl Shehfe and Gregory Mathieu, acted as the wealth management entity overseeing the transaction.
The Fendi-branded project provides an exclusive space for the discerning few, blending the spaciousness of a luxury villa with breathtaking city vistas.
The globally acclaimed interior design firm, Hirsch Bedner Associates, was entrusted with the design of One Canal’s interiors, while the architecture was executed by Shaun Killa, a world-famous architect and the brains behind the unique and stunning Museum of the Future.
On the big success, Abbas Sajwani, CEO and Founder of AHS Properties, said: “This mega sale to a European buyer is a testament to the vitality of Dubai’s luxury real estate scene. This niche sector is poised for continued growth, with the UAE consistently drawing high-net-worth individuals eager to call Dubai home.”
“Guided by our mission to elevate and redefine luxury, AHS Properties is further cementing its position in the emirate’s premium property sector as a beacon for global investors, offering a synergy of prime locations and unmatched amenities. The One Canal penthouse exemplifies this, reflecting the height of luxury,” he added.-TradeArabia News Service
The penthouse transaction signals AHS Properties’ defining moment in the luxury real estate segment
Press Release
October 26, 2023
Everose Properties, under the representation of Karl Shehfe and Gregory Mathieu, acted as the wealth management entity overseeing the transaction.
Dubai, United Arab Emirates: In a move representing the pinnacle of luxury real estate, AHS Properties has marked an industry milestone with the sale of an iconic penthouse in One Canal for an unprecedented $50 million. The ultra-luxury residential building along the Dubai Canal was sold to the family office of a European billionaire, making it one of Dubai’s most expensive penthouse purchase.
This milestone agreement follows closely on the heels of the company’s collaboration with Fendi Casa in November 2022, which heralded the launch of the One Canal project. With a gross development value of $450 million, the project experienced rapid sales, and the penthouse sale represents the final piece of the available inventory.
Everose Properties, under the representation of Karl Shehfe and Gregory Mathieu, acted as the wealth management entity overseeing the transaction. The over 30,000-square-foot penthouse at One Canal stands as a magnificent sky mansion, ingeniously merging four rooftop units. This architectural marvel boasts state-of-the-art amenities: a dedicated gym, steam room, sauna, an exclusive rooftop garden accompanied by a pool, two additional private pools, grandiose high ceilings, and dual parking spaces. Residents can revel in breathtaking panoramic views, capturing the majesty of iconic landmarks, including the Burj Khalifa, Burj Al Arab, and the serene Dubai Canal.
The Fendi-branded project provides an exclusive space for the discerning few, blending the spaciousness of a luxury villa with breathtaking city vistas. The globally acclaimed interior design firm, Hirsch Bedner Associates, was entrusted with the design of One Canal’s interiors, while the architecture was executed by Shaun Killa, a world-famous architect and the brains behind the unique and stunning Museum of the Future.
Commenting on this strategic achievement, Abbas Sajwani, CEO and Founder of AHS Properties, said: “This mega sale to a European buyer is a testament to the vitality of Dubai’s luxury real estate scene. This niche sector is poised for continued growth, with the UAE consistently drawing high-net-worth individuals eager to call Dubai home. Guided by our mission to elevate and redefine luxury, AHS Properties is further cementing its position in the emirate’s premium property sector as a beacon for global investors, offering a synergy of prime locations and unmatched amenities. The One Canal penthouse exemplifies this, reflecting the height of luxury.”
Since launching in November of 2021, AHS Properties has quickly become a leader in the ultra-luxury real estate landscape, from acquiring, renovating and reselling mansions in premium locations, such as the Palm Jumeirah and Emirates Hills, to evolving into the property developer it is today.
Earlier in January, AHS Properties launched One Crescent on the Palm Jumeirah, a low-rise residential building designed by Killa Design, the firm behind the design of the Museum of the Future. Offering similar top-of-the-line amenities as One Canal, residents of One Cresent wake up to ocean views and vistas of Dubai’s most iconic landmarks.
About AHS Properties
AHS Properties, an ultra-luxury real estate company, announced its entry into the property market in 2021. It is a subsidiary of the AHS Group founded in 2017 by Abbas Sajwani. The AHS Group’s portfolio includes Ventures, Properties and Investments. The company’s objective is to be one of the leading business groups in the Middle East by 2025.
Abbas is the son of Hussain Sajwani, founder of DAMAC Group, a successful conglomerate that has a diverse portfolio ranging from capital markets, hospitality, data centres, fashion, retail and, of course, real estate.
UAE – The Fendi-branded project blends the spaciousness of a luxury villa with city vistas.
In a new milestone in the Dubai real estate market, a penthouse on the Dubai Water Canal has been sold for a whopping $50 million (Dh183 million).
The penthouse, in the ultra-luxury residential building One Canal, was sold by AHS Properties to the family office of a European billionaire, making it one of Dubai’s most expensive penthouse purchases.
This agreement follows closely on the heels of the company’s collaboration with Fendi Casa in November 2022, which heralded the launch of the One Canal project. With a gross development value of $450 million, the project experienced rapid sales, and the penthouse sale represents the final piece of the available inventory.
Everose Properties, under the representation of Karl Shehfe and Gregory Mathieu, acted as the wealth management entity overseeing the transaction.
The 30,000-plus square-foot penthouse at One Canal stands as a sky mansion, merging four rooftop units. The unit includes amenities like a dedicated gym, steam room, sauna, an exclusive rooftop garden accompanied by a pool, two additional private pools, high ceilings, and dual parking spaces. Residents will have panoramic views of the Burj Khalifa, Burj Al Arab, and the Dubai Canal.
The Fendi-branded project blends the spaciousness of a luxury villa with city vistas. The acclaimed interior design firm, Hirsch Bedner Associates, was entrusted with the design of One Canal’s interiors, while the architecture was executed by Shaun Killa, a world-famous architect and the brains behind the unique and stunning Museum of the Future.
Abbas Sajwani, CEO and Founder of AHS Properties, said: “This mega sale to a European buyer is a testament to the vitality of Dubai’s luxury real estate scene. This niche sector is poised for continued growth, with the UAE consistently drawing high networth individuals eager to call Dubai home. Guided by our mission to elevate and redefine luxury, AHS Properties is further cementing its position in the emirate’s premium property sector as a beacon for global investors, offering a synergy of prime locations and unmatched amenities. The One Canal penthouse exemplifies this, reflecting the height of luxury.”
Since launching in November of 2021, AHS Properties has quickly become a leader in the ultra-luxury real estate landscape, from acquiring, renovating and reselling mansions in premium locations, such as the Palm Jumeirah and Emirates Hills, to evolving into the property developer it is today.
Earlier in January, AHS Properties launched One Crescent on the Palm Jumeirah, a low-rise residential building designed by Killa Design, the firm behind the design of the Museum of the Future. Offering similar top-of-the-line amenities as One Canal, residents of One Cresent wake up to ocean views and vistas of Dubai’s most iconic landmarks.
According to AHS, this milestone agreement follows closely on the heels of the company’s collaboration with Fendi Casa in November last year
AHS Properties, an ultra-luxury real estate company, has announced the successful sale of an iconic penthouse at the One Canal in Dubai for $50 million. It has been acquired by the family office of a European billionaire, thus making it one of Dubai’s most expensive penthouse deals.
The 30,000-sq-ft penthouse at One Canal stands as a sky mansion, ingeniously merging four rooftop units. This architectural marvel boasts state-of-the-art amenities: a dedicated gym, steam room, sauna, an exclusive rooftop garden accompanied by a pool, two additional private pools, grandiose high ceilings and dual parking spaces.
Residents can revel in panoramic views, capturing the view of iconic landmarks, including the Burj Khalifa, Burj Al Arab and the serene Dubai Canal.
According to AHS, this milestone agreement follows closely on the heels of the company’s collaboration with Fendi Casa in November last year, which heralded the launch of the One Canal project.
With a gross development value of $450 million, the project experienced rapid sales, and the penthouse sale represents the final piece of the available inventory.
Everose Properties, under the representation of Karl Shehfe and Gregory Mathieu, acted as the wealth management entity overseeing the transaction.
The Fendi-branded project provides an exclusive space for the discerning few, blending the spaciousness of a luxury villa with breathtaking city vistas.
The globally acclaimed interior design firm, Hirsch Bedner Associates, was entrusted with the design of One Canal’s interiors, while the architecture was executed by Shaun Killa, a world-famous architect and the brains behind the unique and stunning Museum of the Future.
On the big success, Abbas Sajwani, CEO and Founder of AHS Properties, said: “This mega sale to a European buyer is a testament to the vitality of Dubai’s luxury real estate scene. This niche sector is poised for continued growth, with the UAE consistently drawing high-net-worth individuals eager to call Dubai home.”
“Guided by our mission to elevate and redefine luxury, AHS Properties is further cementing its position in the emirate’s premium property sector as a beacon for global investors, offering a synergy of prime locations and unmatched amenities. The One Canal penthouse exemplifies this, reflecting the height of luxury,” he concluded.
AHS Properties, the ultra-luxury real estate developer in Dubai, has announced a record-breaking by sold a penthouse in the ‘One Canal’ project for $50 million to a European billionaire, marking one of the most expensive penthouse real estate transactions in Dubai…
The penthouse transaction signals AHS Properties’ defining moment in the luxury real estate segment.
Everose Properties, under the representation of Karl Shehfe and Gregory Mathieu, acted as the wealth management entity overseeing the transaction.
Dubai, United Arab Emirates, 25 October 2023: In a move representing the pinnacle of luxury real estate, AHS Properties has marked an industry milestone with the sale of an iconic penthouse in One Canal for an unprecedented $50 million. The ultra-luxury residential building along the Dubai Canal was sold to the family office of a European billionaire, making it one of Dubai’s most expensive penthouse purchase.
This milestone agreement follows closely on the heels of the company’s collaboration with Fendi Casa in November 2022, which heralded the launch of the One Canal project. With a gross development value of $450 million, the project experienced rapid sales, and the penthouse sale represents the final piece of the available inventory.
Everose Properties, under the representation of Karl Shehfe and Gregory Mathieu, acted as the wealth management entity overseeing the transaction. The 30,000-square-foot penthouse at One Canal stands as a magnificent sky mansion, ingeniously merging four rooftop units. This architectural marvel boasts state-of-the-art amenities: a dedicated gym, steam room, sauna, an exclusive rooftop garden accompanied by a pool, two additional private pools, grandiose high ceilings, and dual parking spaces. Residents can revel in breathtaking panoramic views, capturing the majesty of iconic landmarks, including the Burj Khalifa, Burj Al Arab, and the serene Dubai Canal.
The Fendi-branded project provides an exclusive space for the discerning few, blending the spaciousness of a luxury villa with breathtaking city vistas. The globally acclaimed interior design firm, Hirsch Bedner Associates, was entrusted with the design of One Canal’s interiors, while the architecture was executed by Shaun Killa, a world-famous architect and the brains behind the unique and stunning Museum of the Future.
Commenting on this strategic achievement, Abbas Sajwani, CEO and Founder of AHS Properties, said: “This mega sale to a European buyer is a testament to the vitality of Dubai’s luxury real estate scene. This niche sector is poised for continued growth, with the UAE consistently drawing high-net-worth individuals eager to call Dubai home. Guided by our mission to elevate and redefine luxury, AHS Properties is further cementing its position in the emirate’s premium property sector as a beacon for global investors, offering a synergy of prime locations and unmatched amenities. The One Canal penthouse exemplifies this, reflecting the height of luxury.”
Since launching in November of 2021, AHS Properties has quickly become a leader in the ultra-luxury real estate landscape, from acquiring, renovating and reselling mansions in premium locations, such as the Palm Jumeirah and Emirates Hills, to evolving into the property developer it is today.
Earlier in January, AHS Properties launched One Crescent on the Palm Jumeirah, a low-rise residential building designed by Killa Design, the firm behind the design of the Museum of the Future. Offering similar top-of-the-line amenities as One Canal, residents of One Cresent wake up to ocean views and vistas of Dubai’s most iconic landmarks.
