User:Abbas Sajwani 99/sandbox
Early Life: Abbas Hussain Sajwani, the Emirati entrepreneur, was born on July 22, 1999. Filled with a strong sense of leadership and entrepreneurship, he possesses a unique vision and leads his ventures with confident and deliberate steps. Abbas is the son of Hussain Sajwani, an Emirati billionaire businessman and founder of DAMAC Properties. Hussain Sajwani's entrepreneurial spirit seems to have been passed down to his son, Abbas, who embarked on his journey in the business world.
Abbas began his career as a board member at DAMAC Properties, where he likely gained valuable insights and experience in the real estate industry. However, he soon decided to carve his path, displaying remarkable initiative and ambition at a young age.
In 2017, at the age of 18, Abbas inaugurated the AHS Group, signaling the genesis of his entrepreneurial endeavors. Under the expansive umbrella of the AHS Group, Abbas established AHS Properties as one of its flagship entities. This strategic move swiftly propelled AHS Properties into the echelons of leading luxury real estate developers in Dubai.
Personal Life: Abbas Sajwani resides between Dubai and London, reflecting his extensive business commitments in both cities. He is recognized for his notable accomplishments in the business sector, in addition to having a wide array of personal interests that extend beyond his professional activities.
One of Abbas's notable passions is luxury cars. He boasts an impressive and diverse collection that includes some of the most prestigious automotive brands in the world. His garage features a collection of unique, high-performance cars, including Bugattis, Ferraris, Bentleys, and others, each exemplifying the highest level of automotive engineering and design.
In addition to his interest in luxury cars, Abbas made headlines in 2023 by becoming the world's youngest superyacht owner. He acquired the internationally renowned luxury yacht Luna B, a vessel known for its opulence and state-of-the-art features. This acquisition not only underscored his status as a prominent figure in the luxury lifestyle sector but also highlighted his taste for high-end maritime assets.
This success is mirrored in his professional career. Abbas and his company, AHS Properties, are among the leading firms in the development of ultra-luxury real estate.
Educational Background: Abbas was born into a family with a strong entrepreneurial background, which inspired his interest in business from an early age. He pursued a Bachelor’s degree in Accounting from the American University of Dubai, equipping himself with the skills and knowledge needed to navigate and innovate in the real estate sector.
Career & Development: Abbas Sajwani's role as a board member at DAMAC Properties has allowed him to play a crucial role in shaping the company's success through his tactical planning and attention to detail.
In 2017, Abbas Sajwani launched AHS Group Starting at the young age of 18 with a clear vision and confident steps, he managed to create a significant impact in the business world, laying the foundation for AHS Group's success.
In 2021, under the umbrella of AHS Group, which encompasses Ventures, Investments, and Properties, Abbas Sajwani launched AHS Properties, a company specializing in ultra-luxury real estate. The company began by redeveloping over five ultra-luxury villas which are located at Palm Jumeirah & Emirates Hills Dubai’s most prime locations. The projects were completely sold out, demonstrating their high demand and success.
Following these successes, AHS Properties proceeded to execute off-plan projects. With specific criteria, maintaining the luxury approach such as One Canal, One crescent, and Casa Canal interiors by Fendi Casa These off-plan projects feature designated floors offering exclusive boutique units, penthouses, and sky villas. Abbas Sajwani made a significant impact by redesigning both the exteriors and interiors, emphasizing a sense of luxury that reflects exceptional quality.
Over the past few years, Abbas Sajwani has achieved remarkable success in Dubai’s real estate market. From 2021 to the end of 2023, AHS Properties boasted a total asset value of $1.65 billion and employed over 2000 people. Abbas Sajwani continues to lead with a fresh perspective in the real estate industry, distinguishing AHS Properties by offering a luxurious lifestyle.
Recognition & Awards: The top 100 Arab influencers for the year 2023.
Gulf Business - March 2024 by Motivate Media Group
Emagazines News in Middle East - CEO Middle East
Young Emirati entrepreneur Interview by forbes middle east
AHS Properties Sells Record-Breaking $50M Penthouse on Dubai Canal
Significant Milestones: Abbas Sajwani adeptly transformed post-COVID challenges into profitable investment opportunities through strategic innovation and the founding of AHS Properties, recognizing the potential in rapidly expanding sectors, Sajwani founded
The company’s first projects involved renovating five luxury villas in prime Dubai locations such as Palm Jumeirah and Emirates Hills, all of which sold out swiftly.
Building on initial success, Sajwani redirected AHS Properties' focus to off-plan Projects, Which gained significant attention and included the sale of one of Dubai's most expensive penthouses for $50 million, resulting in the entire project selling out.
Following the success of One Canal, Sajwani launched the One Crescent project on Palm Jumeirah, further enhancing the company’s portfolio.
In 2023, Sajwani introduced the high-profile Casa Canal project on the Dubai Water Canal, featuring interiors by Fendi Casa, solidifying AHS Properties' reputation for luxury and innovation in real estate.
Under Sajwani's leadership, AHS Properties' Gross Development Value (GDV) skyrocketed from $100 million at its inception to $1.65 billion by the end of 2023, demonstrating a remarkable growth trajectory.
References: Abbas Sajwani sets up real estate firm to sell ultra-luxury mansions in Dubai C- Construction Business News Middle East (cbnme.com)
Cityscape Global 2021: Abbas Sajwani wants to pick up older super-luxury homes – and he has a reason | Property – Gulf News
Emirati entrepreneur sets up real estate company for ultra-luxury mansions in Dubai - Arabian Business
The uber-luxury real estate market isn’t for everyone - Arabian Business
Emagazines Latest News and Updates in UAE, Middle East | Photos and Videos - Arabian Business
European billionaire’s family office buys $50 million penthouse in Dubai’s One Canal | Corporate-news – Gulf News
Dubai ultra-luxury penthouse sold for $50mn at One Canal - Construction Week Online
بنتهاوس بخمسين مليون دولار.. والطلب على عقارات دبي الفاخرة يفوق العرض - CNN الاقتصادية (cnnbusinessarabic.com)
Dubai: 80% of Casa Canal project sold out within days of launch - News | Khaleej Times
Dubai real estate: Ultra-luxury developer records AED2.5bn sales for Casa Canal project - Arabian Business
_ AHS Properties Posts $680M In Sales For Casa Canal Project (forbesmiddleeast.com)