ALBAWABA - Renowned developer, investor, and manager of real estate in the UAE, Aldar, has announced the sale of Abu Dhabi’s most expensive apartment, a three-bedroom penthouse at Nobu Residences on Saadiyat Island estimated to be worth AED 137 million ($37 million), with more than AED96,000 per square meter.
Talal Al Dhiyebi, Chief Executive Officer at Aldar group commented that “this milestone transaction at Nobu Residences not only sets a new benchmark for residential property in Abu Dhabi but also underscores the maturity of the real estate market,” adding “Year on year, we are seeing healthy increases in both the volume and value of homes purchased.”
Nobu Residences Abu Dhabi (Aldar Real Estate)
With an enclosed elevator, an ample balcony, and a rooftop pool that is described to be nicely surrounded by the renowned Guggenheim Museum and tranquil Grove Boulevard, the Dh137 million apartment occupies a whole level. Additionally, every tenant has their personalized fitness center and spa resort.
Nobu Residences Abu Dhabi will be among the initial properties in the Middle East to bear the worldwide Nobu hospitality brand's name. By skillfully combining Nobu's traditional Japanese etiquette and aesthetic with modern conveniences, the neighborhood offers a transformed standard of life.According to Emirates News Agency, it has a sophisticated beachfront boulevard with over 60,000 square meters of exceptional retail, eating, and accommodation facilities.
"Abu Dhabi’s real estate sector continues to gain significant momentum with a sustained surge in demand across property types. This new record reflects the resilience and maturity of our real estate market, reaffirming the solid growth of Abu Dhabi as a preferred place in which to live, work, and invest,” said Rashed Al Omaira, Acting Director General of the firm.
