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AHS Properties acquires Shangri-La Hotel for AED 1.1B
PRIVATEJun 11, 2026•about 1 month ago
Acquiring Company
AHS Properties
Acquired Company
Shangri-La Hotel
Dubai EmirateReal EstateReal Estate InvestmentCommercial Real EstateHospitalityHotel
Description
AHS Properties has completed the acquisition of Shangri-La Hotel for AED 1.1 billion, marking a significant transaction in Dubai's real estate sector. This acquisition enhances AHS Properties' already impressive portfolio on Sheikh Zayed Road. The hotel remains operational, continuing to serve guests under AHS Properties' ownership. This move reflects AHS Properties' confidence in Dubai's real estate market.
Company Information
Company
AHS Properties
Location
Dubai Emirate, United Arab Emirates
About
AHS Properties is a prominent real estate development company focused on large-scale projects in Dubai. The company is known for its innovative developments and strategic investments in the local real estate market. AHS Properties aims to create significant value through its portfolio of properties. Its projects include the iconic AHS Tower and AHS City.
Dubai EmirateReal EstateReal Estate InvestmentCommercial Real EstateHospitalityHotel