AHS Properties Plans $1.3 Billion Commercial Redevelopment on Dubai’s Sheikh Zayed Road
Former Shangri-La Dubai site is planned for conversion into a 50-storey Grade A office destination featuring premium business, dining and wellness facilities
AHS Properties is preparing to introduce a major commercial real estate project on Sheikh Zayed Road, with plans to transform the former Shangri-La Dubai property into AHS Twin Towers, a high-end office destination valued at approximately $1.3 billion.
The project follows the developer’s reported acquisition of the hotel for AED 1.1 billion. Rather than retaining its existing identity, the property is set to be reimagined for businesses seeking modern offices in one of Dubai’s established commercial locations.
The redevelopment reflects AHS Properties’ expansion into premium commercial real estate, adding another dimension to its property portfolio.
A New Direction for a Prominent Dubai Address
The planned development will feature a ground-floor-plus-50-storey configuration, with office environments designed to accommodate different business requirements. Its concept combines professional workspaces with facilities intended to support meetings, employee wellbeing and corporate hospitality.
Gensler is responsible for the architectural design, while AHS Atelier, the developer’s in-house design studio, will oversee the interiors. The design approach is intended to give the building a distinct identity through its architecture, material selection and interior detailing.
Workspaces Combined with Lifestyle Facilities
AHS Twin Towers is planned to offer more than conventional office accommodation. Its proposed amenities include executive business lounges, a dedicated wellness area with a lap pool, an elevated dining destination and a landscaped rooftop garden.
The development is also expected to allocate more than 30,000 square feet to fitness and wellness facilities, alongside over 12,000 square feet for dining and culinary experiences. Parking provision is planned to exceed 1,000 spaces.
These features form part of the project's broader concept of combining office space with services and facilities that businesses may value when choosing a corporate address.
AHS Properties Builds on Its Commercial Portfolio
The Twin Towers announcement follows the developer’s earlier AHS Tower project, which the company says recorded sales of more than $700 million during its development phase.
With its latest proposal, AHS Properties is pursuing another major commercial asset in Dubai. The new project places emphasis on the location, design and facilities of the workplace, while expanding the company's activity beyond its existing developments.
A Project to Watch in Dubai’s Commercial Property Market
Sheikh Zayed Road is an established business corridor, making the site a prominent location for a large-scale office redevelopment. The proposed conversion also illustrates how an existing property can be repositioned to serve a different segment of the real estate market.
The project's eventual contribution will depend on the final development, the office spaces delivered and demand from businesses. For now, AHS Twin Towers represents a significant planned addition to Dubai’s premium commercial property pipeline.
The announcement establishes the project's intended direction, although further development updates will be needed to confirm subsequent milestones and delivery details.
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