Dubai real estate: AHS Properties unveils $750mn waterfront project
The project features 32 residences, including Sky Villas, Sky Mansions, and Sky Palaces, with sizes ranging from 5,088 to 29,700 sq. ft.
Redefining Dubai's luxury homes
Architect Shaun Killa designed the development, whilst HBA Residential created the interiors, which feature double-height ceilings reaching up to 12 metres and views of Dubai Water Canal and Safa Park.
View this post on Instagram
A post shared by AHS Properties (@ahs.properties)
Abbas Sajwani, Founder and CEO of AHS Properties, said: 'With Casa AHS, we are creating more than just homes, we are curating a lifestyle that is deeply refined, emotionally resonant, and globally admired. This launch is a continuation of our mission to elevate luxury living in Dubai and offer our clients rare, statement-making properties in prime waterfront locations.'
Each residence includes private elevators opening directly into living rooms, private infinity-edge pools, jacuzzis, and terraces.
The development provides residents with amenities such as a private lounge, workspace, spa, wellness facilities, and 24/7 concierge services via a resident-only app.
Additional services include access to a curated ultra-high-net-worth network, chauffeured limousine services, and round-the-clock housekeeping.
The properties also feature private garages, electric vehicle charging stations, bicycle storage, and private storage rooms.
The development aims to establish a new standard for waterfront living in Dubai's property market.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Arabian Business
19 minutes ago
- Arabian Business
Dubai's MBRAH launches massive Sky Support Complex to meet increasing aviation demand
The Mohammed bin Rashid Aerospace Hub (MBRAH) recently announced the launch of its new Sky Support Complex, a modern facility designed to support the increasing demand for aviation-related services in the region. Strategically located within the Aerospace Supply Chain Zone in Dubai South, the Sky Support Complex spans a total area of 16,661 sqm and offers 14 premium units. The facility is said to provide exceptional access, flexibility, and world-class infrastructure, positioning it as an ideal choice for companies seeking to operate within a thriving aerospace and logistics environment. The Mohammed bin Rashid Aerospace Hub (MBRAH) at Dubai South launches the Sky Support Complex, a modern facility designed to meet the growing demand for aviation services in the region. Located within the Aerospace Supply Chain Zone, the complex spans 16,661 square meters and… — Dubai Media Office (@DXBMediaOffice) August 12, 2025 Companies based at the Sky Support Complex will benefit from operating within a bonded free zone area that allows 100 per cent foreign ownership. The facility features required infrastructure, with flexible warehouse, office, and commercial space options that can accommodate diverse business needs. Additionally, the complex is adjacent to Al Maktoum International Airport, providing seamless operational connectivity and access to the broader Dubai South ecosystem. 'The sustained growth in the aviation sector and the rising demand for aviation-related services from regional and global companies have driven us to continue expanding our infrastructure,' said Mohammad Al Falasi, deputy CEO of Mohammed bin Rashid Aerospace Hub. 'The launch of the Sky Support Complex is a direct response to this growing need, as we remain committed to delivering high-quality facilities that support our partners and contribute to Dubai's position as a global aviation hub.' Located in and developed by Dubai South, MBRAH is home to maintenance centres and training and education campuses.
Arabian Business
20 minutes ago
- Arabian Business
Dubai Smart Rental Index bears fruit as landlords recalibrate pricing strategies
Tenants are successfully using Dubai's Smart Rental Index to challenge unjustified rent hikes, leading to fairer rental agreements and reduced conflicts with landlords, as the regulatory tool delivers on its promise to moderate extreme rental increases seven months after its introduction. The Index, launched by the Dubai Land Department (DLD) in January 2025, has shifted bargaining power towards tenants and created what brokers describe as a more balanced rental market, with data from the first half of 2025 revealing divergent trends across different price segments and neighbourhoods. Landlords are recalibrating their pricing strategies in response to the artificial intelligence-powered tool, which uses multiple data points including rental contract values, area averages, and building classifications to determine fair rental adjustments whilst requiring landlords to provide 90 days' notice for increases. 'Tenants have successfully used the index to challenge unjustified rent hikes, leading to fairer rental agreements and reduced conflicts between landlords and tenants,' said Ronan Arthur, Director and Head of Residential Valuation at Cavendish Maxwell. Experts say the framework has encouraged fair pricing by limiting landlords' ability to raise rents beyond set thresholds. Regulatory tool creates market discipline The new framework has created what brokers describe as a two-speed market, with luxury waterfront communities continuing to post gains whilst budget-friendly areas experience corrections. Several mid-tier and budget areas experienced significant corrections as the regulatory tool took effect. In Al Furjan, five-bedroom villas fell 12.9 per cent to AED 319,000 annually, whilst four-bedroom units declined 4.92 per cent to AED 234,000, according to Bayut's latest half-year report. Certain areas in Jumeirah Village Circle also reported decreases of up to 13 per cent for specific property types. International City and Discovery Gardens experienced rental declines during the first half, which Maxwell attributed to recent regulatory crackdowns on subletting and increased competition from higher-quality nearby units. 'The DLD Smart Rental Index, launched in January 2025, is beginning to limit extreme rental hikes, especially in communities with higher vacancy or ageing stock,' said Andrew Cummings, Head of Residential Agency at Savills Middle East. 'This is creating a more data-driven, transparent negotiation environment for tenants and landlords alike.' According to Bayut, budget-friendly properties saw increases limited to nine per cent, whilst mid-tier rentals generally rose by up to seven per cent – a marked moderation from previous years' double-digit spikes. Prime areas maintain upward pressure Despite the regulatory constraints, prime areas like Business Bay and Dubai Marina saw rental rates increase during the first half, driven by young professionals seeking proximity to Dubai's financial districts. 'Business Bay saw rental rates increase in H1, driven by high demand from young professionals and its proximity to Downtown Dubai and DIFC,' Maxwell said. 'Dubai Marina also saw rates increase, supported by continued demand for waterfront living, proximity to the beach and JBR.' The luxury villa segment showed particularly strong momentum, with properties in Emirates Hills, Jumeirah Golf Estates, and Dubai Hills Estate recording rental increases of up to 11 per cent, according to Cummings. 'Mid-market apartments in Dubai Marina, Downtown Dubai, JVC and Dubai Hills Estate recorded the strongest growth in H1 2025, with luxury villas in Emirates Hills, Jumeirah Golf Estates, and Dubai Hills Estate up by around 18 to 45 per cent in sales prices and villas seeing up to 11 per cent rental increases,' Cummings said. Dubai Hills Estate emerged as the standout performer in the luxury villa segment, with six-bedroom properties seeing a 52.5 per cent increase in asking rents to AED 2.31 million annually. However, despite the regulatory changes, short-term rental conversions continue to affect pricing dynamics in prime locations. The conversion of units to platforms like Airbnb has tightened long-term supply in Dubai Marina, Business Bay, and Jumeirah Village Circle. 'Short-term rentals have kept rents elevated in areas like Dubai Marina, Business Bay, and JVC by reducing long-term supply and increasing demand for furnished, flexible units,' Cummings explained. Arthur noted that in areas where landlords convert units to short-term rentals to capitalise on higher yields, fewer properties remain available for long-term tenants, driving up rents and making it harder for tenants to find affordable housing. Landlords adjust strategies as market balances The regulatory intervention has forced landlords to recalibrate their approach to pricing and tenant relations. Market experts emphasise that inflexibility on pricing could prove costly in the new environment. 'One crucial point for landlords: dead occupancy is expensive. Being inflexible on pricing can result in longer vacancy periods, especially in a market where tenants have more options,' Cummings warned. Despite the regulatory constraints, Dubai's rental market maintained robust activity levels. Data from Betterhomes showed 39,251 rental transactions in July alone, representing a 3.4 per cent month-on-month increase. New rental contracts accounted for 40 per cent of deals, up from 37 per cent in June. Supply pipeline expected to continue moderation Looking ahead, industry experts predict supply increases will help moderate rental growth in several key areas. Arthur expects rental prices may begin to moderate in developments within communities where high numbers of newly handed-over units are entering the market. 'Rental prices may begin to moderate and stabilise in certain developments within communities where a high number of newly handed-over units are entering the market,' Arthur said, pointing to Jumeirah Village Circle and Business Bay where high volumes of off-plan sales are being completed. However, areas currently attracting tenants due to their affordability may still see increases. 'Areas like Dubai South, Emaar South, and The Valley, which are currently attracting tenants due to their affordability, are likely to see further rental increases as demand rises and supply tightens,' he added.
Arabian Business
20 minutes ago
- Arabian Business
Kuwait Airways faces challenges as it waits for Airbus delivery
Kuwait Airways' plans of growing passenger numbers to 5.5 million in 2025 from more than 4 million last year faces difficulties due to delayed aircraft deliveries and geopolitical pressure in the region. Kuwait Airways Corporation (KAC) Chairperson Abdulmohsen Al-Fagaan said on Monday that the airline is scheduled to receive a new plane, an Airbus-321, at the end of August and AN A-330-900 aircraft by the end of the year, but that is far short of the nine aircraft it has been waiting to receive from Airbus. Reuters reported that Kuwait Airways has 27 jets now, and expects to reach 30 by the end of 2025, with the rest due in 2027. Al-Fagaan said the airlines' plans had been based on having 33 aircraft in 2024, whereas at one point it had just 23, having also had to return leased planes. That, Al-Fagaan said, would affect the company's plan to grow. The airline did not disclose 2024's profit during a press conference following the airline's annual general meeting. Al-Fagaan said political challenges disrupting the region's aviation industry and other issues related to some countries it serves, would also delay the carrier's 2025 break-even target. Al-Fagaan added that the board is seeking to develop KAC's operations further and said it would offer top services and present innovative solutions to meet the clients' demands.
