| Name: | Abbas Hussain Sajwani |
| Net Worth: | $1 Billion |
| Source of Wealth: | AHS Properties |
| Born: | July 22, 1999 |
| Age: | |
| Country: | Dubai, UAE |
| Wife: | N/A |
| Children: | N/A |
| Residence: | Jumeirah Bay, Dubai |
| Private Jet: | Boeing 737 BBJ (T7-HAS) |
| Yacht | AHS |
Abbas Hussain Sajwani, born in 1999, has taken the Dubai real estate market by storm. At just 18 years old in 2017, he embarked on an entrepreneurial journey that would soon establish him as a notable figure in the industry. Founder of the AHS Group, Abbas has made significant strides in the world of luxury properties, with a keen eye for ventures, investments, and properties.
The AHS Group, founded by Abbas Sajwani, operates across three distinct verticals: Ventures, Investments, and Dubai Properties. In 2021, the young entrepreneur expanded the AHS Group’s portfolio by launching AHS Properties, a specialized division focusing on ultra-luxury properties. His journey began with the redevelopment of a collection of villas in prime Dubai locations, a strategic move that paved the way for his foray into executing off-plan projects.
Under the AHS Properties banner, Abbas Sajwani has set his sights on creating a portfolio of luxurious and exclusive properties. These properties are nothing short of opulent, featuring boutique units, penthouses, and sky villas that redefine the concept of luxury living in Dubai.
Abbas Sajwani’s achievements in the Dubai real estate market are nothing short of extraordinary. From 2021 to the end of 2023, he spearheaded the development of over five ultra-luxury villas and three off-plan projects in some of Dubai’s most prestigious locations, including Palm Jumeirah, Emirates Hills, and Dubai Water Canal. By the close of 2023, the total asset value of these projects had skyrocketed to an estimated $1.65 billion. This staggering success is a testament to Abbas’s vision and commitment to delivering unmatched luxury in the world of real estate.
In 2022 he sold a $50 million penthouse to the family office of a European billionaire.
In addition to his accomplishments with the AHS Group, Abbas Sajwani is also celebrated for his role as a board member at Damac Properties. Damac Properties, founded by his father, billionaire Hussain Sajwani, is a household name in Dubai’s real estate landscape. Abbas’s strategic planning and unwavering attention to detail have played an instrumental role in shaping Damac Properties’ continued success.
Abbas Sajwani’s journey in the world of business and entrepreneurship has been strongly influenced by his father, Hussain Sajwani. Growing up in the shadow of his father’s accomplishments, Abbas developed a keen business acumen and an entrepreneurial spirit from a tender age. He attributes much of his drive and determination to his father’s unwavering support and mentorship.
Looking ahead, Abbas Sajwani envisions a future filled with new opportunities and expanded business ventures. His keen interest in the property market extends beyond Dubai’s borders, as he considers international cities known for their high-end properties. What sets Abbas apart is his unwavering focus on the ultra-luxury segment of the real estate market, where he perceives less competition and greater stability compared to the mid-market segment.
In the midst of his demanding career, Abbas Sajwani maintains a close and cherished relationship with his siblings. Regular family gatherings underscore the strong bond they share, a testament to the Emirati culture’s emphasis on family values.
Abbas Sajwani holds a deep appreciation for Dubai, a city that has offered him the perfect environment to thrive in the world of luxury real estate. He recognizes Dubai’s safety, inviting climate, vibrant lifestyle, and attractive tax advantages as pivotal factors that continually draw people to this remarkable region.
Abbas Hussain Sajwani’s financial standing is nothing short of astounding, with an estimated net worth soaring beyond the $1 billion mark.
This substantial wealth serves as a testament to his exceptional financial prowess, which not only fuels his remarkable yacht acquisition, but also supports his passion for assembling a collection of rare and exorbitantly priced automobiles.
Among the crown jewels of his automotive collection, one finds the breathtaking $2 million Bugatti Veyron and the awe-inspiring $3 million Ferrari LaFerrari, each standing as a testament to his impeccable taste and uncompromising commitment to possessing the most exclusive and exceptional assets.
These remarkable vehicles are not merely modes of transportation; they are exquisite expressions of Abbas’s exceptional success and his unrelenting pursuit of the finest luxuries life has to offer. As he navigates through the world of opulence, Abbas Hussain Sajwani exemplifies the art of living life to the fullest.
His father billionaire Hussain Sajwani, has a net worth of $4.5 billion.
https://www.instagram.com/ahs.properties/
https://www.forbes.com/profile/hussain-sajwani/
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Abbas, with his father, billionaire Hussain Sajwani (above) and in his $2 million Bugatti supersports car (below).
He lives on Jumeirah Bay Island in Dubai, and also owns a property in London.
Jumeirah Bay Island in Dubai is a luxurious and exclusive man-made island developed by Meraas, a Dubai-based holding company known for its high-end real estate projects. The island is designed in the shape of a massive seahorse and spans an area of approximately 6 million square feet. It is conveniently located off the coast of Jumeirah Beach Road and connected to the mainland by a 300-meter bridge exclusively for residents and visitors.
Key highlights of Jumeirah Bay Island include:
Jumeirah Bay Island stands out as an elite and serene neighborhood, offering a blend of luxury, exclusivity, and convenience, making it a highly sought-after location in Dubai.
He is the owner of the Oceanco yacht AHS.
The AHS yacht, with a value of $50 million, was meticulously constructed by the esteemed Oceanco shipyard in 2005, as DILBAR.
Powered by high-performance Deutz engines, she commands a maximum speed of 17 knots and boasts an impressive range of over 6000 nautical miles.
Luxuriously designed by Alberto Pinto, this yacht offers accommodations for 12 privileged guests, tended to by a professional crew of 22.
Mr Sajwani bought the yacht at the age of 24. This makes him the Worlds Youngest SuperYacht Owner. You can find more yacht owners in our Yacht Owners Database!
The Sajwani Family owns two private jets:
A Boeing 737 BBJ with registration T7-HAS, and an Embraer Legacy 650 with registration A6-HAS.
The Boeing was previously owned by Indian billionaire Ravi Ruia (registered as N92SR).
The Boeing BBJ (Boeing Business Jet) is a series of corporate jets based on the popular Boeing 737 commercial airliner. The BBJ series offers a unique combination of range, speed, and comfort for corporate and private use. The jets are designed for executive and VIP travel, and typically include luxury amenities such as private bedrooms, conference rooms, and lounge areas.
The BBJ series has a longer range than most other business jets, allowing for non-stop flights to destinations around the world. The jets also have a spacious cabin, with high ceilings and large windows, providing passengers with a comfortable and well-appointed environment for travel.
Boeing has continued to invest in the BBJ series, offering new models and upgrades that further enhance its capabilities and comfort. The BBJ is widely considered to be one of the best business jets available and is used by corporations, governments, and private individuals around the world.
The price of a Boeing BBJ can vary greatly depending on several factors, including the specific model, age, and configuration of the aircraft. On average, the cost of a new BBJ can range from $70 million to $100 million or more.
The Embraer Legacy 650 is a highly-regarded business jet designed and manufactured by Embraer, a Brazilian aerospace company. This aircraft was introduced in the early 2000s as a variant of the Embraer ERJ 145 family of regional jet airliners.
With a range of nearly 3,500 nautical miles, the Legacy 650 can comfortably connect city pairs like New York to London or Singapore to Sydney, making it an ideal choice for both intercontinental and regional flights. It can typically seat 13 passengers but can be configured for up to 19 in a high-density setup.
The spacious cabin in the Legacy 650 is one of its standout features, with three distinct zones for work, rest, and dining, as well as a sizable galley and two lavatories. Moreover, the aircraft is equipped with a state-of-the-art avionics suite for enhanced safety and performance.
In terms of performance, the Legacy 650 is powered by two Rolls-Royce AE 3007/A1P turbofan engines, allowing it to reach a cruising speed of Mach 0.80.
Overall, the Embraer Legacy 650 is praised for its combination of comfort, performance, and cost-effectiveness, offering a luxury flight experience that rivals larger, more expensive jets.
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Yacht Owners Database 2024
