Author page: Ebrahim

Dubai: A penthouse at One Canal in Dubai was sold for $50 million to the family office of a European billionaire. The sale came after a collaboration with Fendi Casa in November 2022, launching the One Canal project with a gross development value of $450 million. The 30,000-square-foot penthouse is the final piece of available…

Dubai-based luxury property developer AHS Properties said Wednesday it had completed sale of an ultra-luxury penthouse along the Dubai Canal for a record $50 million to the family office of an unspecified European billionaire, making it one of Dubai’s most expensive penthouse purchases ever. Top sale The penthouse, spanning over 30,000 square feet and merging…

In a new milestone in the Dubai real estate market, a penthouse on the Dubai Water Canal has been sold for a whopping $50 million (Dh183 million). The penthouse, in the ultra-luxury residential building One Canal, was sold by AHS Properties to the family office of a European billionaire, making it one of Dubai’s most…

Dubai, United Arab Emirates, 25 October 2023: In a move representing the pinnacle of luxury real estate, AHS Properties has marked an industry milestone with the sale of an iconic penthouse in One Canal for an unprecedented $50 million. The ultra-luxury residential building along the Dubai Canal was sold to the family office of a…

The penthouse transaction signals AHS Properties’ defining moment in the luxury real estate segment. Everose Properties, under the representation of Karl Shehfe and Gregory Mathieu, acted as the wealth management entity overseeing the transaction. Dubai, United Arab Emirates, 25 October 2023: In a move representing the pinnacle of luxury real estate, AHS Properties has marked an industry…

AHS Properties, the ultra-luxury real estate developer in Dubai, has announced a record-breaking by sold a penthouse in the 'One Canal' project for $50 million to a European billionaire, marking one of the most expensive penthouse real estate transactions in Dubai... Read more

Exclusive: Developer is optimistic about the luxury property market in the emirate as the prices continue to increase, its chief executive says… Read More