Office launches
AHS Twin Towers: keys in 2028, not 2031. Why the handover year decides the office deal
AHS Properties is converting the former Shangri-La Dubai into Grade A offices with a 30 June 2028 handover. Here is the payment plan, what is official and what comes from interviews, and how it compares with 2031 launches.
Sheikh Zayed Road now offers two very different office timelines. Some new Grade A towers on the corridor are expected around 2030 or 2031. AHS Twin Towers has a published handover date of 30 June 2028.
What AHS Twin Towers is
AHS Properties bought the former Shangri-La Dubai for about AED 1.1 billion and is converting it into a G+50 Grade A office building. Gensler is the architect and AHS Atelier is handling interiors. The project value is put at USD 1.3 billion. Because the structure already stands, the build is shorter than a new tower from the ground up.
Offices start at about 1,872 sq ft and go up to full floors of around 17,000 sq ft. Announced amenities include more than 30,000 sq ft of wellness space, more than 12,000 sq ft of dining, an 11,000+ sq ft rooftop and over 1,000 parking spaces.
The payment plan
As published:
| Milestone | Amount |
|---|---|
| Reservation | 10% |
| By 15 December 2026 | 20% plus the 4% DLD fee |
| By 15 March 2027 | 10% |
| By 15 September 2027 | 10% |
| On handover (30 June 2028) | 50% |
Half the price is due at the keys, so the plan suits a buyer who expects to have that cash, or a mortgage on a completed office, in mid-2028.
What is official and what is not
The handover date, payment plan and AED 7.2M starting price come from the launch announcement and the official site. The per-sq-ft figures do not. In his interview with Forbes Middle East, Abbas Sajwani said starting prices were around AED 3,850 to 4,000 per sq ft, going up to about AED 5,000, with a service charge of about AED 20 per sq ft, and that roughly 20% had been reserved before launch. Those are interview figures. A full price list has not been published.
Why the handover year matters more than price per foot
Two offices at a similar price per sq ft are not the same purchase if one is usable three years earlier. An earlier handover means earlier rent or earlier savings on a lease, and less exposure to the office pipeline completing around 2030 and 2031. It also means the large final payment arrives sooner.
Before comparing dirhams per foot, decide which handover year you are underwriting.
If you want the sizes and the full schedule for a specific floor, message me on WhatsApp.
Questions
When is the AHS Twin Towers handover?
The published handover date is 30 June 2028.
What is the AHS Twin Towers payment plan?
10% on reservation, 20% plus the 4% DLD fee by 15 December 2026, 10% by 15 March 2027, 10% by 15 September 2027, and 50% on handover.
What is the AHS Twin Towers price per sq ft?
No full price list has been published. In an interview with Forbes Middle East, Abbas Sajwani said starting prices were around AED 3,850 to 4,000 per sq ft, rising to about AED 5,000. Treat these as interview figures.
- Luxwell Real Estate summary of the AHS launch and official site (updated 4 Nov 2026)
- Forbes Middle East, interview with Abbas Sajwani (23 Oct 2026)
- Zawya Projects on the Shangri-La conversion
Launch prices are guide or broker figures unless stated. General information, not financial advice.