Latest news with #FendiCasa
Forbes
28-03-2025
- Business
- Forbes
This Dubai Property Is Setting New Expectations For The Luxury Living Market
Casa Canal is setting a new standard for luxury Known for its expensive real estate, modern architecture, and over-the-top amenities, Dubai is redefining the luxury market on a global level. And if there's one major project currently on the tip of everyone's tongue, it's Casa Canal. This development is set for completion in 2026, and according to Casa Canal's developer and Founder and CEO of AHS Properties, Abbas Sajwani, it isn't just another Dubai over the top luxury condo 'It differentiates itself through its focus on experiential living.' Abbas Sajwani, Founder and CEO of AHS Properties With a combination of design, privacy, and waterfront access, Casa Canal was designed with a long-term vision. 'The emphasis is on creating residences that maintain their value and appeal over time rather than following short-term trends.' Here's what you need to know about this project, along with the larger role it plays in the Dubai real estate market. Stunning design by Fendi Casa One of the hallmarks of this property is the interiors, which were designed in collaboration with Fendi Casa. Sajwani tells me, 'Fendi Casa has a very distinctive approach to interiors—it's elegant, sophisticated, but also modern and adaptable.' It's more than just the real estate equivalent of a designer handbag; it's about a level of quality that's unparalleled. 'Fendi Casa shares our perspective on craftsmanship and exclusivity. The materials, textures, and design philosophy they bring complement the architectural vision of Casa Canal, ensuring that the residences appeal to buyers who appreciate a curated aesthetic,' explains the developer. Luxurious bathrooms According to Dubai-based interior designer Leila Moghadam, this level of luxury isn't merely what Fendi Casa is known for—it's what AHS is known for as well. 'The developers, AHS, are also importing premium material and excellent craftsmanship. In terms of finishing, you have the best quality veined marble, floor-to-ceiling windows, and woodwork.' A dining room with a view The finishes are also highly curated. It's not just about creating a modern design that's on trend; it's about redefining trends. 'Fendi Casa brings an element of refinement that extends beyond aesthetics. Their approach to design, use of materials, and understanding of luxury interiors create an environment that feels intentional and highly personalized. This alignment ensures that the residences offer both exceptional quality and long-term value,' explains Sajwani. In addition to the interiors, future residents of Casa Canal are also drawn to the luxurious amenities. In addition to the stunning views, each residence has a private sky pool. There's also a luxury car showroom, cigar lounge, Omakase restaurant, café, private movie theatre, wellness center, spa, gym, juice bar, hammam, lounge, and 24/7 concierge, among other amenities. Re-defining indoor/outdoor living While most would assume these amenities are designed for a large apartment complex with thousands of units, with only 67 homes available, it's all the more exclusive, explains Moghadam. 'Unlike the other developments, this is more boutique in size, with an emphasis on quality and service with fewer units.' While much of this might feel over the top, buyers in Dubai aren't merely looking for functional homes with current design features, but rather a next-level living experience. 'I would say in the United States, perhaps the impetus is towards functionality, whereas in Dubai, it's also about innovation and the wow factor too. Dubai's vision is to become a global leader in contemporary architecture, and this in turn lends itself towards futuristic, unusual, and uniquely designed buildings. Dubai certainly pushes the boundaries of architecture and design,' says Moghadam. Primary bedroom in a six bedroom unit The developer tells me that Casa Canal was designed with a very specific customer in mind—someone who values privacy, waterfront living, and exceptional craftsmanship. 'The goal was to create a limited collection of homes that deliver a resort-like experience in a city setting. Every detail, from the expansive layouts to the seamless indoor-outdoor flow, is intentional. The collaboration with Fendi Casa brings a level of design sophistication that aligns with the lifestyle expectations of our clientele.' This is an entirely different level than luxury buyers in the United States, explains the developer. 'Buyers expect seamless access to concierge services, smart home integration, and hotel-grade amenities. In markets like New York or Los Angeles, the focus tends to be on heritage, privacy, and a discreet kind of exclusivity. Both cater to high-net-worth individuals, but Dubai's appeal lies in its ability to constantly redefine the boundaries of modern luxury living, while the United States leans on history and established prestige.' Multi-million dollar views While Moghadam is certainly looking forward to seeing Casa Canal make its debut, she's also looking forward to the developer's next project, One Casa. 'It is equally luxurious, with six-meter ceiling heights, and located along the same canal. It is due to launch soon and is likely to be a similar success.'
Gulf Business
13-02-2025
- Business
- Gulf Business
AHS Properties tops Dubai's $10mn property market in 2024
Image Credit: AHS Properties/Supplied photo AHS Properties has cemented its position as the premier developer in Dubai's luxury real estate market, leading sales of high-end properties valued between $5m and $10m in 2024. This achievement underscores the company's commitment to excellence, and luxury living, with flagship developments including One Canal, One Crescent, and Casa Canal driving its success. 'Our portfolio continues to attract elite clientele from across Europe who seek the finest in waterfront and ultra-luxury living,' said Abbas Sajwani, Founder and CEO of AHS Properties. 'The success of One Canal, One Crescent, and Casa Canal demonstrates our ability to not only meet but exceed expectations in delivering world-class residences that redefine luxury', Mr Sajwani added. Founded in 2017 by Abbas Sajwani, AHS Group has grown into a powerhouse with an asset value nearing $3bn and a workforce exceeding 2,000 employees. Under his leadership, AHS Properties was launched in 2021, rapidly gaining recognition for its innovative approach to luxury real estate. The company's sales in 2024 reflect its ability to cater to the sophisticated preferences of high-net-worth individuals, with the majority of buyers hailing from Italy, Germany, France, the United Kingdom, and Switzerland. AHS Properties has achieved significant milestones, including the successful introduction of Casa Canal, featuring opulent interiors by Fendi Casa, and contributing to a Gross Development Value (GDV) of $2.7bn as of 2024. With an ambitious pipeline, the company targets a GDV of $5bn this year, further cementing its dominance in Dubai's luxury real estate sector. About AHS Properties Founded in 2017 by Abbas Sajwani, AHS Group today boasts an impressive asset value of close to $3 billion and employs over 2,000 individuals, with ambitious plans to become one of the most vibrant business groups in the region. In 2020, AHS Investments was launched, building a $150mn diversified portfolio across private and public equity. In 2021, Abbas launched AHS Properties, entering the luxury real estate market with projects in Palm Jumeirah and Emirates Hills, quickly earning recognition for innovation and quality. The company has achieved remarkable milestones, including the sale of high-value properties and the introduction of Casa Canal with Fendi Casa interiors, contributing to a GDV of $2.7bn as of 2024. With a robust pipeline, AHS Properties targets $5bn in GDV within the next year, continuing to set benchmarks in the luxury real estate market.
Khaleej Times
31-01-2025
- Business
- Khaleej Times
AHS Properties tops the list in Dubai's $5-$10 million luxury property market in 2024
AHS Properties has cemented its position as the premier developer in Dubai's luxury real estate market, leading sales of high-end properties valued between $5 million and $10 million in 2024. This achievement underscores the company's commitment to excellence, and luxury living, with flagship developments including One Canal, One Crescent, and Casa Canal driving its success. "Our portfolio continues to attract elite clientele from across Europe who seek the finest in waterfront and ultra-luxury living," said Abbas Sajwani, founder and CEO of AHS Properties. "The success of One Canal, One Crescent, and Casa Canal demonstrates our ability to not only meet but exceed expectations in delivering world-class residences that redefine luxury." Founded in 2017 by Abbas Sajwani, AHS Group has grown into a powerhouse with an asset value nearing $3 billion and a workforce exceeding 2,000 employees. Under his leadership, AHS Properties was launched in 2021, rapidly gaining recognition for its innovative approach to luxury real estate. The company's sales in 2024 reflect its ability to cater to the sophisticated preferences of high-net-worth individuals, with the majority of buyers hailing from Italy, Germany, France, the United Kingdom, and Switzerland. AHS Properties has achieved significant milestones, including the successful introduction of Casa Canal, featuring opulent interiors by Fendi Casa, and contributing to a Gross Development Value (GDV) of $2.7 billion as of 2024. With an ambitious pipeline, the company targets a GDV of $5 billion this year, further cementing its dominance in Dubai's luxury real estate sector.
Yahoo
27-01-2025
- Business
- Yahoo
Salone del Mobile.Milano Planning Saudi Edition as Italian Design Firms Expand Retail Footprint
MILAN — With design firms like Poltrona Frau, Molteni&C and Fendi Casa pinpointing Saudi Arabia as a strategic market, it's no wonder leading design trade show Salone del is planning a Saudi Arabian edition of the fair, which could take place in the near term. On Monday, Salone del said it signed a memorandum of understanding with the Saudi Arabian Architecture and Culture Commission to promote a dialogue between Italy and Saudi Arabia in the worlds of design and architecture. The memorandum paves the way for a Saudi edition of Salone del A Saudi Arabian version of the furniture fair would be geared toward initiating cultural dialogue and propelling the work of young talents, a statement said. More from WWD Roberto Cavalli Picks New Home and Lifestyle Textile Licensee Keeping It Real: Retail Buyers Love the Elevated Everyday for Fall U.S. Retail Sales Projected to Increase by 4% in 2025, Reaching $5.2 Trillion Amid Economic Challenges 'The memorandum represents an extraordinary opportunity for Salone del to create a cultural and commercial bridge between Italy and Saudi Arabia. Through our collaboration, we aim to enhance Italian design and encourage a fruitful exchange of skills and creativity within the Saudi context,' Salone del president Maria Porro said. Porro revealed the initiative during the Italy-Saudi Arabian roundtable talks in the ancient city of Al-Ula that also welcomed Italian Prime Minister Giorgia Meloni and Saudi Arabia's prime minister, Crown Prince Mohammed bin Salman Al Said. According to FederlegnoArredo, the Italian federation of woodworking and furniture industries and Italian statistics bureau Istat, in 2023 Italian exports from the wood-furniture supply chain to Saudi Arabia totaled 247 million euros, up 2 percent from 2022. Italy is Saudi Arabia's number-two trade partner, after China, in terms of both wood-furniture and furniture imports. A significant number of Italian luxury furniture firms have recently invested in expanding their retail footprint in Riyadh, as the nation's design economy continues to grow. Last year, Fendi Casa opened a new flagship in Riyadh at the capital's upscale Tahlia Street in partnership with Dar Al Arkan Interiors, the kingdom's leading luxury branded furniture company, while Bari-based Natuzzi reopened its Riyadh store on King Fahd Road in July 2024. Tolentino-based Poltrona Frau's told WWD its Riyadh store opening is expected in May. Molteni&C also said a Riyadh opening is slated for later this year. At the time of the Fendi Casa opening, chief executive officer Alberto da Passano stressed the growth potential of the Saudi Arabian market, as luxury construction and the nation's real estate market continues to boom. 'Saudi Arabia is a key market… Riyadh, with its dynamic growth and evolving luxury landscape, represents a strategic opening for us,' said da Passano. 'By establishing our flagship boutique in this vibrant city, we will be able to connect directly with a sophisticated clientele that values the Fendi brand while further expanding our presence in a market with significant potential for future growth.' Design activations and initiatives represent a small but significant part of the Saudi government's strategy to drive the growth and diversification of its economy, as its government works toward several of its Vision 2030 goals, including increasing the private sector's contribution to gross domestic product to 65 percent and increasing the contribution of non-oil exports from 16 to 50 percent, among others. In parallel with retail expansion for European luxury brands in Saudi Arabia, the nation is also focusing more on growing its own design economy. Helped greatly by organizations like the arts and creative industries at the Royal Commission for Al-Ula and the establishment of the Ministry of Culture's Architecture and Design Commission in 2018, designers worldwide have been welcomed to Al-Ula to take part in the Arab nation's ongoing cultural renaissance. During Milan Design Week in 2024, Saudi Arabia's Arts and Creative Industries at the Royal Commission for the ancient city of Al-Ula exhibited prototypes from the inaugural Al-Ula Design Residency. The debut showcase included the work of French design collective Hall Haus; Leen Ajlan from Saudi Arabia; Bahraini–Danish, the architectural office with offices in Bahrain and Denmark, and Studio Leo Orta from France, as well as Studio Raw Material from India. In December, Federlegno Arredo president Claudio Feltrin said Saudi Arabia is one of the markets fueling the Italian design industry amid challenging times. 'Exports, especially to the U.S., United Arab Emirates and Saudi Arabia, and the flexibility and speed of our companies in repositioning themselves in new markets, is allowing us to hold up better than other production confederations amid dark times.' FederlegnoArredo has yet to report its final figures for 2024, but in 2023, the entire Italian wood-furnishings sector booked 52.6 billion euros in revenue with 10.8 billion euros generated from Lombardy alone. Aside from boosting employment, the wood-furniture supply chain has come together to innovate the sector's supply chain and create a circular economy as a united front. In Italy, the 63rd edition of Salone del and the 32nd edition of the Euroluce light exhibition will unfold April 8 to 13 at the city's Rho Fiera trade grounds. While Porro and her team hosted events in New York, Hong Kong and Shanghai last year, the last foreign edition of the fair took place at the Shanghai Exhibition Center before the COVID-19 pandemic and was envisaged as a showcase for Made in Italy products and the Italian way of living in Shanghai. It remains to be seen whether or not organizers will see the fair return to China.
