Abbas Sajwani revives the Big Ben Tower in Dubai with a new design

“Bloomberg” revealed that businessman Abbas Sajwani, son of the founder and Chairman of the Board of Directors of Damac Properties, Hussain Sajwani, purchased the tower known as the “Clock Tower” or “Big Ben” Tower, due to its similarity to the famous clock tower in the British capital, London, which is located on Sheikh Zayed Road, with a height of 328 meters.

Sajwani, who bought the tower last year for $120 million (about 441 million dirhams), expected that the renovation work in the tower would be completed by the end of 2026, revealing in an interview that about 95% of the units have already been sold, generating revenues of approximately $600 million (about 2.2 billion dirhams).

According to Bloomberg, the tower remained vacant for about a decade, after its previous owner failed to pay his debts to a bank in Dubai. The bank eventually acquired the building before selling it to AHS Properties, while representatives of the bank declined to comment on the deal.

Once the renovations are completed, the building, now renamed AHS Tower, will lose the clock-like design that earned it the nickname “Big Ben.”