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المشهد العربي
AHS Buys Shangri-La Dubai
The real estate company "AHS" has acquired the Shangri-La Dubai Hotel located on Sheikh Zayed Road for 1.1 billion dirhams, marking one of the largest real estate asset transactions in Dubai in recent years. The property consists of 42 floors and includes a luxury hotel, residential apartments, and office spaces. The company plans to upgrade and enhance the project to increase revenues and strengthen its presence in the area. This move is part of an expansion strategy that involves developing multiple projects along Sheikh Zayed Road.
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