Close Menu
economyuae.comeconomyuae.com
    What's Hot

    I plan to work until 80. Can I contribute to my IRA while taking RMDs?

    August 7, 2025

    Client Challenge

    August 7, 2025

    Client Challenge

    August 7, 2025
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    economyuae.comeconomyuae.com
    Subscribe
    • Home
    • MARKET
    • STARTUPS
    • BUSINESS
    • ECONOMY
    • INTERVIEWS
    • MAGAZINE
    economyuae.comeconomyuae.com
    Home » Aldar sells mansion for Dhs400m
    BUSINESS

    Aldar sells mansion for Dhs400m

    Arabian Media staffBy Arabian Media staffJuly 25, 2025No Comments3 Mins Read
    Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Abu Dhabi’s most expensive home: Aldar sells mansion for Dhs400m

    Image: Supplied

    Property developer Aldar has set a new benchmark for Abu Dhabi’s high-end real estate market, announcing the sale of an eight-bedroom beachfront mansion on Saadiyat Island’s Faya Al Saadiyat development for Dhs400m ($109m), the highest-ever recorded price for a residential property in the emirate.

    The deal comes months after Aldar sold a penthouse at the nearby Nobu Residences for Dhs137m, underlining strong demand for ultra-luxury real estate in the UAE capital, particularly among high-net-worth individuals and overseas buyers.

    Spanning 6,561 square metres and located within the Saadiyat Beach Golf Club, the mansion offers panoramic views of the sea and surrounding greenery.

    It includes a private car gallery, golf simulator, cinema, wellness and fitness suites, and a beachfront pool.

    The interiors were designed by UK-based firm 1508 London and Nordic Office Architects, with an emphasis on open-plan living and minimalist design using local materials.

    “This record transaction at Faya Al Saadiyat sets a new benchmark for luxury real estate in Abu Dhabi,” said Jonathan Emery, CEO of Aldar Development. “It underscores the strong demand for ultra-premium beachfront homes and reflects the success of the emirate’s long-term urban and investment strategies.”

    Aldar mansion sale reflects Abu Dhabi’s status as a preferred destination

    The sale also highlights Abu Dhabi’s emergence as a preferred destination for international investors, supported by visa reforms, infrastructure investments, and cultural offerings.

    In H1 2025, Aldar reported Dhs5bn in property sales on Saadiyat Island alone.

    Expatriates made up 86 per cent of buyers, with 40 per cent purchasing from overseas.

    Top nationalities included Russians, French, British, Chinese, and Americans.

    The new owner of the Dhs400m mansion was not disclosed.

    Ghazi Saeed Al Ateibi, executive director at the Abu Dhabi Real Estate Centre (ADREC), said: “Abu Dhabi is a world-leading destination for real estate investment, backed by transparent governance and strong regulation. Transactions of this size signal growing confidence in the maturity of the market.”

    Faya Al Saadiyat, a gated development of 21 homes, is scheduled for completion in 2028.

    It includes two mansions and 19 six- and seven-bedroom villas. The community is targeting Estidama 3 Pearl and Fitwel certifications, with sustainability features such as energy-efficient systems and water-saving technologies.

    Located near the Saadiyat Cultural District, residents will have direct access to key cultural institutions including the Louvre Abu Dhabi and the upcoming Guggenheim Museum, as well as new retail and dining hubs like Saadiyat Grove.





    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    Previous ArticleHigher car prices help AutoNation beat sales and profit estimates, and its stock is rising
    Next Article Durable-goods orders show business investment holding up despite uncertainty
    Arabian Media staff
    • Website

    Related Posts

    Dubai real estate is entering a new era of strategic growth

    August 7, 2025

    Nusuk App now works without internet

    August 7, 2025

    New Kaspersky module targets voice phishing

    August 7, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    10 Trends From Year 2020 That Predict Business Apps Popularity

    January 20, 2021

    Shipping Lines Continue to Increase Fees, Firms Face More Difficulties

    January 15, 2021

    Qatar Airways Helps Bring Tens of Thousands of Seafarers

    January 15, 2021

    Subscribe to Updates

    Your weekly snapshot of business, innovation, and market moves in the Arab world.

    Advertisement

    Economy UAE is your window into the pulse of the Arab world’s economy — where business meets culture, and ambition drives innovation.

    Facebook X (Twitter) Instagram Pinterest YouTube
    Top Insights

    Top UK Stocks to Watch: Capita Shares Rise as it Unveils

    January 15, 2021
    8.5

    Digital Euro Might Suck Away 8% of Banks’ Deposits

    January 12, 2021

    Oil Gains on OPEC Outlook That U.S. Growth Will Slow

    January 11, 2021
    Get Informed

    Subscribe to Updates

    Your weekly snapshot of business, innovation, and market moves in the Arab world.

    @2025 copyright by Arabian Media Group
    • Home
    • Markets
    • Stocks
    • Funds
    • Buy Now

    Type above and press Enter to search. Press Esc to cancel.