AHS Twin Towers at a glance
AHS Twin Towers is a Grade A commercial office development by AHS Properties on Sheikh Zayed Road in Dubai. It is planned on the site of the former Shangri-La Dubai, which AHS bought for AED 1.1 billion. AHS said on 27 October 2026 that the USD 1.3 billion project is set for launch. Prices, office sizes and handover are not published yet.
| Developer | AHS Properties |
| Location | Sheikh Zayed Road, Dubai. Former Shangri-La Dubai site |
| Use | Grade A commercial offices with flexible office space |
| Development value | USD 1.3 billion |
| Building | Ground plus 50 floors |
| Architect | Gensler |
| Interiors | AHS Atelier, the in house design studio of AHS Properties |
| Wellness and fitness | More than 30,000 sq ft |
| Dining | More than 12,000 sq ft |
| Parking | More than 1,000 spaces |
| Number of offices | Not yet published by the developer |
| Office sizes | Not yet published by the developer |
| Starting price | Not yet published by the developer |
| Payment plan | Not yet published by the developer |
| Handover | Not yet published by the developer |
From Shangri-La Dubai to AHS Twin Towers
The National reported on 10 June 2026 that AHS Properties bought the Shangri-La hotel on Sheikh Zayed Road for AED 1.1 billion. The seller was Mismak, an Abu Dhabi unit of First Abu Dhabi Bank. The existing building has 42 floors and about one million sq ft of hotel, office, residential and restaurant space. At that time AHS had not decided whether to refurbish the building.
On 27 October 2026 TradeArabia reported the plan. The site will become AHS Twin Towers, a Grade A office development of ground plus 50 floors. The 42 floors figure from The National describes the existing hotel building. The ground plus 50 figure from TradeArabia describes the new project. AHS has not published how the conversion will be carried out.
AHS Twin Towers offices and amenities
AHS Twin Towers is aimed at companies that want design and amenities as well as a Sheikh Zayed Road address. The published amenities are:
- An elevated dining destination with more than 12,000 sq ft of dining space
- A wellness sanctuary with a lap pool
- More than 30,000 sq ft for wellness and fitness
- Executive business lounges
- A landscaped rooftop sky garden
- More than 1,000 parking spaces
Abbas Sajwani, Founder and CEO of AHS Properties, called AHS Twin Towers the company’s next major step in Dubai’s commercial real estate market. He said office tenants now look at design and amenities and not only location.
Design team and AHS office track record
Gensler is the architect. Interiors are by AHS Atelier, the developer’s own design studio. AHS Tower was the first Grade A commercial building by AHS Properties. TradeArabia reports it sold out for more than USD 700 million during construction.
AHS Twin Towers is not AHS Tower. AHS Tower is the developer’s earlier office tower. AHS Twin Towers is the new office project on the former Shangri-La Dubai site.
Other new office towers on Sheikh Zayed Road
Comparing Grade A offices on Sheikh Zayed Road? See our pages on Berkeley Tower by Ellington in Business Bay and the Christian A. Rockefeller Business Tower by LMD.
What the developer has not published yet
As of 2 November 2026 AHS Properties has not published the launch date, the number of offices, office sizes, the starting price, the payment plan, the service charge, the handover date or the DLD project permit number. It has also not published the height in metres. We will not publish a figure the developer has not released. When AHS publishes them they will appear here.
Frequently asked questions
What is AHS Twin Towers?
AHS Twin Towers is a Grade A commercial office development by AHS Properties on Sheikh Zayed Road in Dubai. It has a development value of USD 1.3 billion and is planned as ground plus 50 floors.
Where is AHS Twin Towers?
On Sheikh Zayed Road in Dubai, on the site of the former Shangri-La Dubai. AHS Properties bought the Shangri-La building for AED 1.1 billion.
Who designed AHS Twin Towers?
Gensler is the architect. AHS Atelier, the in house studio of AHS Properties, is doing the interiors.
What amenities will AHS Twin Towers have?
A dining destination of more than 12,000 sq ft, more than 30,000 sq ft for wellness and fitness, a wellness sanctuary with a lap pool, executive business lounges, a rooftop sky garden and more than 1,000 parking spaces.
What is the price and handover date of AHS Twin Towers?
AHS Properties has not published either yet. Cresco Real Estate will share the official price list and handover date as soon as AHS releases them.
Is AHS Twin Towers the same as AHS Tower?
No. AHS Tower is the earlier AHS office tower, which TradeArabia reports sold out for more than USD 700 million. AHS Twin Towers is the new project on the former Shangri-La Dubai site.
How do I register interest in AHS Twin Towers?
Contact Cresco Real Estate, RERA ORN 34288. We will send the brochure, office sizes and price list the day AHS Properties releases them.
Speak to Cresco Real Estate about AHS Twin Towers
Cresco Real Estate is a RERA registered brokerage in Dubai, ORN 34288. Register your interest and we will send the official price list, payment plan and floor plans as soon as AHS Properties releases them. Call us on +971 4 529 9647 or 1-833-CRESCO-6, or send us your requirement.
Facts on this page come from the developer and published reports, checked 2 November 2026: tradearabia.com · thenationalnews.com. Where the developer has not published a figure, we say so rather than estimate it.
More about Dubai
Read the Cresco area guide to Dubai. Prices, rental yields, handover timelines, schools, commute times and what actually sells there.
You may also want to read how buying off plan works and work out the rental yield.
What actually transacted in Sheikh Zayed Road
Before you judge a launch price, look at what the community around it registered. Over the last twelve months Sheikh Zayed Road recorded 8,062 registered rental contracts and 6 ready sales, all filed with the Dubai Land Department. These are signed contracts, not asking prices.
Rent registered at AED 84 per sqft against a ready sale price of AED 4,683 per sqft. That is a gross yield of 1.8% on ready stock in this community.
We use ready sale prices rather than blended prices deliberately. You cannot rent a home that has not been handed over, so an off plan launch price in a yield calculation produces a number that cannot happen.
Registered rents in Sheikh Zayed Road moved +4.6% against the twelve months before.
The shorter window disagrees. On the most recent three months of contracts the same community reads -4.1%. Summer seasonality and smaller samples both sit inside that number, but we publish it rather than quote only the figure that flatters the market.
| Unit type | Contracts registered | Average annual rent (AED) | Rent per sqft (AED) | Change vs 12 months earlier |
|---|---|---|---|---|
| Studio | 201 | 62,427 | 132 | +8.5% |
| 1 bedroom | 1,694 | 83,009 | 105 | +3.1% |
| 2 bedroom | 3,329 | 106,167 | 81 | +4.6% |
| 3 bedroom | 2,790 | 126,630 | 71 | +4.4% |
| All apartments | 8,062 | 108,245 | 84 | +4.6% |
Full Sheikh Zayed Road guide · Live Dubai market update · Run these numbers on a specific unit
Data verified 27 September 2026. Dubai Land Department registered transactions via Bayut TruView, rolling 12 months to September 2026.
