News DeskDubai, UAE – In a historic milestone for Dubai’s property sector, Ahmed Mostafa Ahli Investment Group has announced the official sales launch of AA TOWER—the first fully freehold residential and commercial development on Sheikh Zayed Road. The unveiling took place at a high-profile event at the V Hotel, Al Habtoor City, in partnership with Harbor Real Estate, the exclusive sales agent.
This pioneering development follows a major policy shift by the Dubai government, now allowing private properties on Sheikh Zayed Road to be converted to freehold ownership, accessible to all nationalities. The move significantly boosts Dubai’s global appeal for both institutional and individual investors.
Dr. Mohanad Alwadiya, CEO of Harbor Real Estate, described AA TOWER as “AA TOWER is a game-changer in Dubai’s real estate market. Its strategic location on Sheikh Zayed Road—one of the most iconic and important avenues in the city—creates wide-ranging opportunities for investors from within and outside the UAE. The market is looking forward to a strong launch, as this project sets a new benchmark and reinforces Dubai’s global reputation for delivering exceptional and distinctive investment opportunities under the freehold system..
Rising 60 stories on a 10,000-square-foot plot, AA TOWER features 369 residential units—including one-, two-, and three-bedroom apartments—26 office units, five retail outlets, and 447 parking spaces. With sweeping views of Burj Khalifa, Downtown Dubai, and Jumeirah Beach, the tower sits in proximity to major landmarks such as DIFC, The Dubai Mall, and Museum of the Future.
The project is distinguished by its premium amenities, including a luxury swimming pool, gym, indoor cinema, prayer room, and event hall. Apartments come in both open and closed kitchen layouts with high-end finishes, while flexible post-handover payment plans offer rare affordability in a prime location.
Residential prices range from AED 2.932 million to AED 5.4 million, while office and retail units are priced up to AED 7 million and AED 25 million respectively.
