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Dubai is now one of the most popular places to invest because it has a lot of fascinating real estate properties and developments for both global and local investors. Due to the artistic architectural building structures and its ideal location, many real estate investors select this region to have a connected and comfortable lifestyle. This along with a variety of other reasons and benefits draws a great population of individuals to lease or purchase property in Dubai. It is a great time to buy real estate in Dubai as it has become a major Middle Eastern business center with outstanding real estate projects of DAMAC and AHS Group which are supervised by leaders like Abbas Sajwani.
Dubai is one of the most lucrative markets for real estate investments. It is the best place to invest because there are no capital gains taxes, it is one of the most secure and safest countries across the globe as its economy is stable, and it is multicultural land. Dubai’s tallest buildings and artificial islands are among the most profitable places to invest in real estate because they offer a market with exceptional value. Dubai has a controlled and steady real estate sector, where putting resources into a real estate property is a remarkable method for creating financial momentum and earn profits. Dubai has become the first choice for investors because it has high-class infrastructure, year-round great weather, safety, high living standards, income that is tax-free, excellent rental yields, and competitive prices.
In addition to convenience, every real estate investor today seeks the privilege of living in a progressive and modern city. So many individuals purchase a real estate property in Dubai because it has the best amenities which meets the highest international standards. When it comes to purchasing real estate in Dubai, there are a lot of options to select from, ranging from luxurious apartments to villas, offered by property developers like DAMAC, who have experienced and accomplished leaders and board members like Abbas Sajwani.
Sajwani is an entrepreneur and businessman based in the United Arab Emirates. Following the footsteps of his father, Hussain Sajwani, who is the founder of the property development firm DAMAC Properties, Abbas Sajwani stepped into the real estate industry when he was just eighteen years old. Using his knowledge and expertise of real estate, he laid the foundation of AHS Group, a real estate company in Dubai with the objective to sell luxury properties in Emirates Hills and beachfront villas on Dubai’s exclusive Palm Jumeirah to meet the growing demand of investors for ultra-luxury properties.
The Dubai-based AHS Group consists of three primary segments that are Investments, Properties, and Ventures. The company presently owns four luxury villas, three of which are worth AED80 million ($21.8 million) each and the fourth one called Amara Villa at Emirates Hills, a 45,000-square-foot mansion with seven ensuite bedrooms, which has a worth more than AED175 million. His prime objective behind the establishment of AHS investments was to make stock market investments in 2020. Sajwani established AHS Properties in November 2021, with the intention of acquiring expensive properties in Dubai and then reselling them. With his major focus on villas, he built two properties and sold them right after completion.
He is said to be starting another construction, bringing the group’s total GDV to $1.13 billion. The sale and renovation of high-end properties in some of Dubai’s most exclusive neighborhoods is AHS Properties’ current goal. It has four extravagant villas on the portfolio with its flagship property in Emirates Hills worth AED 175 million.
At the end of 2022, Sajwani announced a brand-new construction project called One Canal, which is a 24-unit ultra-luxury residential development on the Dubai Canal that has collaborated with some of the real estate sector’s most popular names. The prestigious hospitality design company, Hirsch Bedner Associates (HBA), has done the project’s interior designing, whereas Killa Design Architecture, the company which designed Dubai’s Museum of the Future, has dealt with the architecture of One Canal.
With its thriving economy, diverse culture, and real estate entrepreneurs like Abbas Sajwani in the forefront, it is not big surprise that many individuals are hoping to purchase real estate in Dubai particularly of AHS Group and DAMAC properties.
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