There is so much that goes into his style but I'll try to keep it simple.
Khabib's stand up is a basic pressure kickboxing style. He has a strong defense and is good at smothering strikes but lacks a crisp clean offense. The good shit is in his ground game.
Khabib uses his wide arsenal of grappling styles and applies a chain wrestling mentality to them. He applies relentless pressure and unleashes a torrent of TDs from every position. Khabib can transition from Clinch to double to single to trip back to double to suplex back to clinch ect. In any order necessary and he never stops. He has great limb control and is an expert at breaking down a fighter's base. He ties up people in strange positions effectively neutralizing most ground escape tactics.
Then of course the GnP is just a mauling. A non stop assult that forces the opponent to think only of defense and survival. This also opens them up for submissions (which I hope to see more of from him). His style is a slow and painful beatdown that wears on his opponents and drains them early, allowing him to do as he pleases later in the fight.