Dubai’s skyline is set to gain a revitalized landmark as private developer AHS Group moves forward with the transformation of the formerly nicknamed ‘Big Ben’ tower. Acquired from the Commercial Bank of Dubai in July 2025 for approximately $120 million (Dh440.4 million), the 70-floor structure is undergoing comprehensive redevelopment with an anticipated opening in Q1 2027.
Abbas Sajwani, Founder and CEO of AHS Group and board member of Damac Group, revealed that the project’s strategy evolved significantly following Dubai’s regulatory changes. Initially conceived as a leasehold property acquisition for the company’s rental portfolio, the introduction of new freehold regulations on Sheikh Zayed Road prompted a shift to strata sales. The development witnessed remarkable market reception, with 95% of units selling within weeks of launch.
The architectural redesign will notably exclude the clock feature that originally inspired the tower’s colloquial name. Sajwani explained this decision stems from a comprehensive facade renovation intended to establish a distinct identity for the newly christened AHS Tower. Despite standing over 200 meters tall, the building will forego its London-inspired timekeeping element in favor of a contemporary glass exterior.
Strategic location advantages played a pivotal role in the acquisition decision. The tower offers panoramic views of Dubai’s most prominent landmarks including the Dubai International Financial Centre (DIFC), Museum of the Future, Burj Khalifa, and coastal vistas. The existing structural completeness provides significant time advantages compared to ground-up construction projects.
The redevelopment specifically targets Dubai’s shortage of premium office spaces. AHS Tower will incorporate extensive luxury amenities including a private members club, comprehensive business center, two-story spa facility with sauna and steam rooms, indoor swimming pool, cigar lounge, indoor garden, full-floor fitness center, and a triple-height lobby area.
Sajwani additionally disclosed AHS Group’s substantial expansion plans, with multiple projects totaling over $12 billion (Dh44 billion) in gross development value scheduled for launch throughout 2026.