Abu Dhabi records its most expensive apartment sale at AED137 million

A three-bedroom beachfront penthouse located on Saadiyat Island, Abu Dhabi, has been sold for a staggering Dh137 million, Khaleej Times reported. The penthouse, part of Nobu Residences, now holds the record for the highest-priced apartment sale in the emirate, a title confirmed by its developer, Aldar Properties.

This sale surpasses the previous record held by a four-bedroom duplex sky villa in the same development, which sold for Dh130 million. It also establishes a new high for the price per square meter in Abu Dhabi, reaching over Dh96,000.

Talal Al Dhiyebi, Aldar’s group CEO, emphasized the significance of this transaction, stating it as a new benchmark for residential property in Abu Dhabi. He attributed the rising property values to supportive government policies and the increasing appeal of Abu Dhabi as a prime location for living and investing.

Echoing Al Dhiyebi’s sentiments, Rashed Al Omaira, acting director general at Abu Dhabi Real Estate Centre, highlighted the sale as evidence of Abu Dhabi’s solid growth trajectory as a preferred living and investment destination. He stressed the emirate’s commitment to developing outstanding residential projects that reflect its unique cultural ambiance.

Nobu Residences Abu Dhabi is known for its integration of Nobu’s Japanese-inspired design with modern luxuries. The record-setting penthouse encompasses an entire floor and features a private elevator, expansive terrace, and a private pool. The residence offers views of the iconic Guggenheim Museum and is close to Saadiyat Grove and Mamsha Al Saadiyat, enhancing its appeal with access to premium shopping, dining, and hospitality experiences.

Scheduled for completion by the second quarter of 2027, Nobu Residences aims to set a new standard in luxury living in Abu Dhabi.