In the luminous heart of the United Arab Emirates, where dreams materialize in the form of architectural marvels, Abbas Sajwani has embarked on a remarkable odyssey, transforming a once-dormant promise into a resplendent reality. With a bold investment of $120 million, the 26-year-old scion of Damac’s visionary founder, Hussain Sajwani, has breathed new life into Al Yaqoub Tower—an iconic yet unfinished landmark that has long languished in the shadows of its potential. The tower, affectionately dubbed “Big Ben” for its striking resemblance to London’s Elizabeth Tower, now stands poised to redefine the skyline, having already captivated the market, with an astonishing 95 percent of its opulent units snapped up before its anticipated unveiling.
Acquired from the Commercial Bank of Dubai, this elegant edifice is set to make an indelible mark on Dubai’s dynamic financial district, with projections indicating a staggering $600 million windfall from its soon-to-be-released offerings. As we await the building’s grand opening in the fourth quarter of 2026, the air is crackling with anticipation, a palpable enthusiasm for what this pristine structure promises to deliver.
A striking visual, standing at an impressive 328 meters, the AHS Tower not only symbolizes architectural ambition but also embodies an ascent toward a new era of luxury workspace. Architecturally adorned with 69 levels of Grade A office space, the vision for the tower transcends mere functionality—it is a celebration of elegance and utility interwoven. Future tenants will enjoy the privileges of 17 swift express elevators and an abundance of over 500 parking spaces, all accompanied by luxurious amenity floors that boast private spas and cutting-edge fitness facilities, ensuring a holistic blend of work-life balance.
The symphony of real estate in Dubai resonates with unwavering momentum, as commercial real estate services firm Cushman & Wakefield reports Grade A office occupancy soaring to an impressive 95.5 percent in the third quarter of 2025. Sajwani’s foresight in this space underscores a strategic acumen that remains at the forefront of Dubai’s evolving landscape.
With his newly established AHS Properties, launched in 2021, Sajwani has primarily orchestrated high-end residential projects, yet the time has come for broader horizons. Discussions with financial institutions about securing $300 million through sukuk financing will facilitate not just the acquisition of prime land but also the cultivation of innovative developments that resonate with the luxury ethos of the region.
As we navigate this exciting chapter in Dubai’s architectural narrative, Abbas Sajwani emerges not merely as a builder of structures, but as an architect of dreams—an embodiment of the pioneering spirit intrinsically woven into the very fabric of the UAE.