It works out to more than Dhs96, 000 per sq meter…Aldar, a leading real estate developer, investment and director in the UAE has just announced the purchase of Abu Dhabi’s most expensive house. Nobu Apartments ‘ three-bedroom mansion on Saadiyat Island sold for a 137 million dinars, making it worth the price. That works out to more than Dhs96, 000 per square metre. 3 of 12The mansion was sold soon after the 130 million dinars were spent on the purchase of a four-bed duplex horizon villa at the same development. A few years ago, Nobu’s classic company was announced for distribution in Abu Dhabi. It will be one of the Middle East’s first Nobu kindness company residences to have its own logo. People will have much more to look forward to than excellent Chinese fare. In Abu Dhabi, a beachfront club, a posh lodge, and elegant branded residences may be constructed in addition to the Nobu restaurant in 2027. Talal Al Dhiyebi, Group Chief Executive Officer at Aldar, stated regarding the property price,” This step deal at Nobu Apartments not only sets a new standard for residential property in Abu Dhabi but also highlights the age of the real estate business. He added that a significant increase in both the volume and value of homes purchased has been seen year over year and that he anticipates the trend to grow as we bring some of the UAE’s most luxurious lifestyle concepts to life on Saadiyat Island and across Abu Dhabi’s most desirable locations. This new record reflects the resilience and maturity of our real estate market, according to Rashed Al Omaira, acting director general at ADREC, confirming the steady growth of Abu Dhabi as a preferred place to live, work, and invest. ” Over in Dubai… In Dubai, the most expensive penthouse was sold in November 2023 for a record- breaking Dhs500 million, making it the third most expensive penthouse ever sold in the world, after London and Monaco. The five- bedroom penthouse, sold by Provident Estate, is located in the ultra- luxurious 71- storey Como Residences, Palm Jumeirah, set to open in Q3 2027. Read more here. @nobuhotelsImages: Emirates News Agency ( WAM )
