In Dubai’s luxury real estate scene, few names carry as much weight as Abbas Sajwani. As the founder of AHS Properties and the son of legendary developer Hussain Sajwani, Abbas brings a fresh, forward-thinking approach to the market. His insights reveal a nuanced understanding of Dubai’s ever-evolving landscape, balancing luxury with long-term strategy. Here are the key takeaways from his recent interview.
1. The Pinnacle of Luxury Properties
Abbas identifies custom villas on Palm Jumeirah, Bulgari Residences, and Emirates Hills as Dubai’s ultimate luxury offerings. These locations are synonymous with exclusivity, design excellence, and unmatched lifestyle amenities.
For those chasing the next big thing, Abbas turns the spotlight on Dubai Water Canal, particularly Canal Front Residences by Meydan. This emerging hotspot combines stunning waterfront views with a central location, making it a must-watch for discerning buyers and investors.
2. Hidden Gems in the Market
Abbas points to City Walk as an undervalued yet stylish gem in the heart of Dubai. Despite its prime location and vibrant community vibe, it remains relatively overlooked by mainstream buyers. He sees it as a great opportunity for investors who want to balance accessibility and lifestyle.
3. Long-Term Thinking Over Quick Gains
“Buying to flip in three months? Forget it. Think long-term if you want real returns.”
Abbas stresses the importance of patience in real estate investments. He advises against short-term flipping and encourages buyers to adopt a strategic, long-term approach to maximize returns.
4. Waterfront Living: A Personal Favorite
When asked about his dream property, Abbas doesn’t hesitate: it’s all about being close to the water. Whether it’s a beachfront villa or a sleek penthouse with canal views, his vision captures the essence of Dubai’s luxurious yet laid-back lifestyle.
5. The Global Stage and Dubai’s Growth
While some may wonder if parts of Dubai are overhyped, Abbas firmly believes the city still has room to grow. He views Dubai as a hidden gem on the global stage, with its high-end lifestyle and infrastructure continuing to attract international buyers.
6. Branded Residences: Prestige Meets Service
Abbas is a fan of hospitality-branded residences, praising their seamless service and lifestyle integration. He also acknowledges the prestige that fashion-branded residences bring to the market. However, his true enthusiasm lies with developments that combine both luxury and practicality—something he hints AHS Properties is setting the standard for.
Key Advice for Buyers and Investors
- Explore Emerging Areas: Look at neighborhoods like Dubai Water Canal and City Walk for opportunities with growth potential.
- Adopt a Long-Term Perspective: Avoid the pitfalls of short-term thinking and focus on sustainable, high-yield investments.
- Prioritize Location: Waterfront properties continue to dominate the market as a symbol of Dubai’s luxury lifestyle.
Final Thoughts
Abbas Sajwani’s insights reveal a fresh perspective on Dubai’s luxury market, blending vision, strategy, and a touch of personal charm. From undervalued neighborhoods to the allure of branded residences, his advice highlights the importance of thinking ahead and embracing the city’s ever-expanding opportunities.
Whether you’re an investor, a buyer, or simply an enthusiast, Abbas’s perspective offers invaluable guidance for navigating Dubai’s real estate market in 2024 and beyond.