AHS Properties: very few homes, very high prices, very thin comparables
A small developer working at the top of the Dubai market. How to value something that almost never trades, and why the exit assumption matters more than the entry price.
One Crescent
The Palm Crescent · AHS Properties
Project factsheet
Units in the building 25
Developer AHS Properties
Status Under development
District The Palm Crescent
About the building
A residential building in The Palm Crescent. Developer — AHS Properties. Architect — Khatib & Alami.
What the building has
- Swimming pool
- Gym
- Spa and sauna
- 24/7 security
Specifications for One Crescent per Propsearch and the Dubai Land Department. They describe the whole building, not the individual unit.
About the project
One Crescent is a residential building in The Palm Crescent, currently under construction.
The developer is AHS Properties. The architecture is by Khatib & Alami.
The building holds 25 apartments in total.
The database currently holds 1 lot in this project, from 26 000 000 AED.
Twenty-five residences by AHS on the Palm's crescent, under construction. AED 4,815/ft² at sizes of around 5,400 ft².
What it is
One Crescent is a residential development by AHS Properties comprising 25 residences on the crescent of Palm Jumeirah. Status: under construction. Storey count is not listed in the property profile.
Our stock holds a unit of around 5,400 square feet at AED 26 million, at AED 4,815/ft².
Twenty-five residences make this a one-off project even by the Palm's standards.
Price per square foot across Palm projects
One Crescent sits close to the island average of 4,781 despite very large units — meaning size isn't discounting the price per square foot here.
| Project | AED / ft² | Lots | Avg. size |
|---|---|---|---|
| Royal Atlantis Residences | 12733 | 3 | 2759 ft² |
| Palm Beach Towers | 10763 | 3 | 860 ft² |
| Signature Villas | 7610 | 7 | 10,350 ft² |
| W Residences | 4678 | 15 | 3246 ft² |
| Orla | 6681 | 4 | 5199 ft² |
| Garden Homes | 6565 | 11 | 7008 ft² |
| Ellington Beach House | 5152 | 11 | 1675 ft² |
| The Crescent | 4830 | 26 | 3562 ft² |
| Palm Beach Towers Residences 1 | 4745 | 7 | 1158 ft² |
| Serenia Living | 4577 | 3 | 1827 ft² |
| The Palm Tower | 4413 | 5 | 1087 ft² |
| Five Palm Jumeirah | 3611 | 8 | 1709 ft² |
| Palm Beach Towers 3 | 3714 | 5 | 1128 ft² |
| Palm Beach Towers 2 | 3544 | 8 | 2188 ft² |
| Oceana | 3443 | 7 | 2790 ft² |
| Fairmont Palm Residences | 3397 | 5 | 2783 ft² |
| Azizi Mina | 2704 | 4 | 1482 ft² |
| Royal Amwaj Residences | 2641 | 3 | 1928 ft² |
| Shoreline Apartments | 2596 | 12 | 1849 ft² |
| Marina Residences | 2209 | 5 | 2117 ft² |
| Golden Mile | 2166 | 4 | 4320 ft² |
Our own stock as of 28 August 2026: 250 lots across Palm Jumeirah, median AED 8.2 million, average AED 4,781/ft². Only projects with three or more lots and a reliable floor area are included — 48 lots whose stated area contradicted their bedroom count were excluded from the calculation.
Twenty-five apartments in the whole project
The Palm in our database runs to 250 lots, median AED 8.2 million at an average AED 4,781/ft².
Usually a larger unit costs less per square foot: Garden Homes at 7,008 ft² runs at 6,565, Signature Villas at 10,350 ft² runs at 7,610. Here 5,400 ft² runs at 4,815 — close to the average.
That confirms a pattern seen citywide: floor area discounts the price per square foot in the mass segment, and stops doing so where supply is finite. Twenty-five residences is an extreme case of that scarcity.
The Palm's crescent is its outer arc with direct sea access and city views. There are few plots there, and no new ones are coming.
Architecture, services and handover
The architect is Killa Design, the studio behind the Museum of the Future, and the facade is inspired by waves. Residences are delivered furnished in a yacht-inspired palette of wood, marble and leather; penthouses have a private lift and a terrace with a heated infinity pool.
Residents get a private beach, spa, Technogym gym, yoga studio, resort pool with cabanas, cigar lounge, cinema, 24-hour concierge, and chauffeur and Rolls-Royce limousine service; buyers also receive LUJO club membership. As of spring 2026, handover was expected in Q2 2027.
propsearch profile: 25 residences, developer AHS Properties, status "under construction". Our own stock as of 28 August 2026: the project's lot (size, price, price per square foot), data for Garden Homes and Signature Villas, the Palm's median and average. Architect, finishes, services and handover — residence description, April 2026.
What the complex has
Swimming pool
Gym
Spa and sauna
24/7 security
Where it is
Frequently asked about One Crescent
Who is the developer of One Crescent?
AHS Properties. The architecture is by Khatib & Alami.
When is One Crescent handed over?
One Crescent is still being built. The handover date of a given unit I verify against its contract before the deal.
Where is One Crescent?
Palm Jumeirah. The palm-shaped island: villas on the fronds, apartments along the trunk, resorts around the crescent.
How much does an apartment in One Crescent cost?
The database currently holds 1 lot in this project, from 26 000 000 AED. Prices move every day, so it is worth asking for the current list for this building.
What is on site at One Crescent?
Swimming pool, Gym, Spa and sauna, 24/7 security. The list comes from the project description and covers the whole complex.
In the news
What has been written about the building, its developer and The Palm Crescent
Where this project stands today
I will send the available layouts, the real entry price and what owners and tenants actually say about the building — without the brochure language.
Ask a question
Telegram is the fastest way — I answer personally.
Message on Telegram