Latest news with #Dh137
Khaleej Times
25-07-2025
- Business
- Khaleej Times
Look: Most expensive home in Abu Dhabi sold for Dh400 million
Aldar on Thursday announced the record-breaking sale of an eight-bedroom ultra-luxury mansion in Faya Al Saadiyat — an exclusive beachfront community located on one of the last remaining villa plots on Saadiyat Island — for Dh400 million, making it the most valued home ever sold in Abu Dhabi. The sale reflects the sustained growth of Abu Dhabi's luxury real estate market, driven by strong demand from high-net-worth individuals (HNWIs), long-term residents, and international investors. It follows the Dh137 million sale of Aldar's Nobu Residences Abu Dhabi penthouse on Saadiyat Island. With Abu Dhabi's population surpassing four million, Saadiyat Island has established itself as the most sought-after destination in the emirate. In H1 2025, Aldar recorded Dh5 billion in sales on Saadiyat Island, reflecting exceptional interest from local and international buyers Expatriates accounted for 86 per cent of buyers, including 46 per cent residents and 40 per cent non-residents, with the top nationalities comprising Russia, France, United Kingdom, China and United States. Located directly on Saadiyat Island's beach and within the Saadiyat Beach Golf Club, the Faya Al Saadiyat mansion offers the largest allocation of space on the island, spanning 6,561 square metres. Jonathan Emery, chief executive officer at Aldar Development, said: 'This record transaction at Faya Al Saadiyat sets a new benchmark for luxury real estate in Abu Dhabi and underscores the strong demand for ultra-premium, beachfront homes in the emirate. Recognised as the crown jewel of Abu Dhabi's luxury real estate, Saadiyat Island continues to attract homebuyers and investors from around the world. This sustained momentum reflects the success of Abu Dhabi's long-term vision, enabled by progressive government policies, long-term residency initiatives, and strategic investment in infrastructure, culture, and entertainment.' Ghazi Saeed Al Ateibi, executive director real estate transactions sector at ADREC, said: 'Abu Dhabi is recognised as a world leading destination for global real estate investments, driven by growing trust in a market that is well-regulated, transparent, and investor-friendly. At ADREC, our role is to safeguard this ecosystem by upholding strong governance, regulatory oversight, and seamless processes across the sector. Transactions of this scale reflect the strength of a maturing market and the effectiveness of a regulatory framework we've put in place designed to support and attract responsible, high-value investment.' Behind the striking contemporary façade, the mansion features a host of amenities, including a private car gallery, a golf simulator, an in-house cinema, along with wellness and fitness suites, alongside direct access to one of the UAE's most desirable beaches. Faya Al Saadiyat is designed by 1508 London Interior Design Studio — renowned for crafting the interiors of The OWO Residences by Raffles, part of the iconic transformation of London's historic Old War Office — and Nordic Office Architects, a homegrown design studio known for reshaping regional skylines with globally informed design. The design draws inspiration from Saadiyat Island's natural beauty and distinctive wildlife, combining indigenous materials with minimalist aesthetics and expansive open-plan layouts. The mansion features Italian-made kitchens and wardrobes, bespoke joinery, and state-of-the-art appliances. Outdoors, a private beachfront pool anchors expansive living and recreational areas, framing views of the surrounding golf course and the shores of Saadiyat Beach. Faya Al Saadiyat is an exclusive luxury gated community of 21 super-luxury homes, including two eight-bedroom mansions and 19 six- to seven- bedroom villas, scheduled for completion in 2028. Residents enjoy seamless access to Saadiyat Cultural District, home to world-renowned institutions such as the Louvre Abu Dhabi, teamLab Phenomena, and the upcoming Guggenheim Abu Dhabi, as well as a curated mix of premium hospitality, retail, and dining offerings, including the highly anticipated Saadiyat Grove. The development is targeting the Estidama 3 Pearl rating and Fitwel certification, with sustainability embedded across the masterplan through features that promote energy efficiency, water conservation, reduced carbon emissions, and enhanced resident well-being.
Al Etihad
24-07-2025
- Business
- Al Etihad
Aldar sells mansion for Dh400 million, sets new record in Abu Dhabi
24 July 2025 11:02 ABU DHABI (ALETIHAD)Aldar has announced the record-breaking sale of an eight-bedroom ultra-luxury mansion in its Faya Al Saadiyat development for Dh400 million, making it the most expensive home ever sold in Abu directly on Saadiyat Island's pristine beach and within the award-winning Saadiyat Beach Golf Club, the mansion is part of one of the last remaining villa plots on the island. The sale underscores the strength of Abu Dhabi's luxury real estate market, following the earlier Dh137 million sale of a penthouse at Aldar's Nobu Residences Abu 6,561sqm beachfront home offers expansive living spaces and uninterrupted 360-degree views of water and greenery. It features a private car gallery, a golf simulator, an in-house cinema, and sophisticated wellness and fitness Executive Officer at Aldar Development, Jonathan Emery, said, 'This record transaction at Faya Al Saadiyat sets a new benchmark for luxury real estate in Abu Dhabi and underscores the strong demand for ultra-premium, beachfront homes in the emirate. Recognised as the crown jewel of Abu Dhabi's luxury real estate, Saadiyat Island continues to attract homebuyers and investors from around the world. This sustained momentum reflects the success of Abu Dhabi's long-term vision, enabled by progressive government policies, long-term residency initiatives, and strategic investment in infrastructure, culture, and entertainment.'The sale comes as Aldar reported Dh5 billion in sales on Saadiyat Island in the first half of 2025, with expatriates accounting for 86% of buyers—46% residents and 40% non-residents. The top nationalities include Russia, France, the United Kingdom, China, and the United Director of the Real Estate Transactions Sector at the Abu Dhabi Real Estate Centre (ADREC), Ghazi Saeed Al Ateibi, said, 'Abu Dhabi is recognised as a world-leading destination for global real estate investments, driven by growing trust in a market that is well-regulated, transparent, and investor-friendly. At ADREC, our role is to safeguard this ecosystem by upholding strong governance, regulatory oversight, and seamless processes across the sector. Transactions of this scale reflect the strength of a maturing market and the effectiveness of a regulatory framework we've put in place designed to support and attract responsible, high-value investment.'The architectural design of the mansion is a collaboration between the globally renowned 1508 London Interior Design Studio—known for The OWO Residences by Raffles in London—and the UAE-based Nordic Office Architects. The design blends Saadiyat Island's natural beauty with minimalist aesthetics, indigenous materials, Italian-made kitchens and wardrobes, and expansive open-plan layouts. A private beachfront pool enhances the property's recreational Al Saadiyat is a gated community of 21 super-luxury homes, including two eight-bedroom mansions and 19 six- to seven-bedroom villas. It is scheduled for completion in 2028 and is targeting Estidama 3 Pearl rating and Fitwel certification, with sustainability features promoting energy efficiency, water conservation, reduced carbon emissions, and enhanced resident well-being. Saadiyat Island is also home to world-class cultural institutions such as the Louvre Abu Dhabi, teamLab Phenomena, and the future Guggenheim Abu Dhabi, in addition to the upcoming Saadiyat Grove retail and hospitality destination.
