Latest news with #Dhs400
Arabian Post
4 days ago
- Business
- Arabian Post
Aldar Sets Record with $109 Million Mansion Sale in Abu Dhabi
Arabian Post Staff -Dubai Aldar Properties has shattered records in Abu Dhabi's luxury real estate market by selling an eight-bedroom mansion in the exclusive Faya Al Saadiyat development on Saadiyat Island for Dhs400 million. This sale marks the highest price ever achieved for a residential property in the emirate, further cementing the strong demand for ultra-luxury homes in the UAE capital. The sprawling property, which covers an area of 6,561 square metres, is situated within the prestigious Saadiyat Beach Golf Club. It offers residents breathtaking panoramic views of the Arabian Gulf, as well as lush greenery that adds to the exclusivity of the location. Its prime beachfront position places the mansion in one of the most sought-after areas for high-net-worth individuals, both locally and internationally. ADVERTISEMENT This transaction follows Aldar's previous success in the luxury segment, including the sale of a penthouse at the Nobu Residences on Saadiyat Island earlier this year for Dhs137 million. Both sales highlight the increasing appeal of the UAE's high-end real estate market, particularly among overseas buyers. Analysts attribute the sustained demand for such properties to a combination of factors, including the UAE's strong economic performance, favourable government policies, and its status as a global business hub. The country has long been a magnet for wealthy investors, drawn by its tax advantages, world-class infrastructure, and lifestyle offerings. In addition to these elements, Saadiyat Island itself remains a key driver of Abu Dhabi's luxury property sector. Known for its cultural landmarks, including the Louvre Abu Dhabi, and its proximity to the city centre, the island has become a prime location for affluent buyers looking for the perfect blend of privacy, comfort, and access to world-class amenities. The sale of the mansion is also seen as a sign of the growing interest in high-end properties located within exclusive developments that offer an all-encompassing lifestyle. Such properties are increasingly seen as more than just homes but as status symbols, offering unparalleled levels of comfort, privacy, and security. Market observers also note that there is a broader shift occurring in Abu Dhabi's property market. While the city has traditionally catered to mid-range and luxury buyers, there is now a distinct increase in the number of ultra-luxury homes being developed, particularly in areas like Saadiyat Island, Al Maryah Island, and Yas Island. This reflects the growing wealth in the region and the changing demands of buyers who are seeking residences that offer an exceptional standard of living. Beyond luxury, the rise of sustainability and eco-consciousness is also influencing buyer preferences. As a result, developers like Aldar are increasingly incorporating eco-friendly features in their designs, from energy-efficient systems to sustainable building materials. These elements are becoming key selling points for buyers who place value not just on luxury, but also on environmental responsibility. Despite global uncertainties, the UAE's property market has managed to remain resilient, driven by continued foreign investment and a steady inflow of expatriates. Property experts predict that the momentum in Abu Dhabi's high-end market will continue, with further developments expected to emerge in the coming years, particularly in sectors like hospitality and mixed-use real estate. Aldar's recent success in the luxury segment is not just a reflection of the company's ability to capitalise on this growing trend, but also a testament to its reputation as a leader in high-end residential developments. The developer's ability to push boundaries and redefine luxury living in the UAE capital positions it at the forefront of an increasingly competitive market.
Time Out Abu Dhabi
5 days ago
- Business
- Time Out Abu Dhabi
The record was just broken for the most expensive home ever sold in Abu Dhabi
Abu Dhabi is no stranger to luxury real estate milestones, but this one just raised the bar. Again. A jaw-dropping Dhs400 million has just been paid for a beachfront mansion on Saadiyat Island – officially making it the most expensive home ever sold in the capital. The record-breaking property is part of Faya Al Saadiyat, an ultra-luxury development by Aldar and it's anything but ordinary. It has eight bedrooms, direct access to Saadiyat's pristine shoreline, a private car gallery, a golf simulator, an in-house cinema and wellness suites that could rival a five-star spa. Yeah, wow. Set within the award-winning Saadiyat Beach Golf Club and designed in collaboration with internationally acclaimed studios 1508 London and Nordic Office Architects, this mansion blends minimalist elegance with full-blown extravagance. With Italian-made kitchens, custom joinery and uninterrupted 360-degree views of the sea and greenery – no detail has been spared. The sale reflects more than just luxury living; it's a clear sign that Abu Dhabi's high-end property market is on fire. With Saadiyat Island drawing buyers from around the world – Russia, France, the UK, China, the US – this beachside address has cemented itself as the city's most coveted postcode. In the first half of 2025 alone, Aldar saw Dhs5 billion in sales on Saadiyat, with expats making up a staggering 86 percent of buyers. Faya Al Saadiyat itself is an exclusive gated enclave of just 21 villas, two of which are eight-bedroom mansions like this one, with the rest ranging from six to seven bedrooms. So if you've got a few hundred million to spare and a soft spot for uninterrupted sea views, it's clear where the city's luxury compass is pointing: Saadiyat Island, again. More going on in Abu Dhabi Everything happening in Abu Dhabi in 2025 From new openings to big events, this is shaping up to be quite a year It's official: Abu Dhabi Comedy Season is returning for a second edition with some huge names Wow, look at this line-up Abu Dhabi's best restaurants: Everywhere you should eat at least once Your dinner inspo is sorted
Time Out Abu Dhabi
11-07-2025
- Automotive
- Time Out Abu Dhabi
The new traffic rules announced in Abu Dhabi this month
If you're behind the wheel in Abu Dhabi, take note: some serious road rule reminders are rolling in – and fines are part of the package. As part of the 'Darb Al Salama 2' campaign, Abu Dhabi Police have issued fresh warnings and reinforced traffic regulations aimed at keeping roads safer and traffic flowing smoothly. New traffic rules in Abu Dhabi One of the key takeaways? If you're cruising too slowly in the overtaking lane or blocking faster vehicles from passing on the left, you could be hit with a Dhs400 fine. Drivers are being urged to stick to the right lane if they're travelling at low speeds and to always give way to vehicles coming from behind. That means no lingering in the fast lane and no ignoring those approaching cars in your rearview mirror. The police have also reiterated the dangers of overtaking from the right – a risky move that increases the chances of accidents. Lane changes should only be made once it's safe and clear, with indicators on to alert others on the road. That's not all. A separate safety campaign, 'Don't Hesitate, Give Way Immediately,' is turning the spotlight on how drivers should respond to emergency vehicles. Whether it's on main roads, intersections, roundabouts or internal streets, making way for ambulances, fire trucks and police vehicles isn't just the law – it's a moral responsibility that could help save lives. Emergency vehicles typically stick to the left lane, so when you hear sirens or spot flashing lights, move over to the right quickly and safely. On two-lane roads, that means pulling over as far as possible on both sides. At red lights or roundabouts, don't block the way or try to tailgate behind them – just clear the path and let them through. So if you're driving in the capital, keep your eyes open, your indicators ready and your foot steady. These new reminders are all about making Abu Dhabi's roads safer – for you, your passengers and the city around you. Summer in Abu Dhabi The 27 best things to do indoors this summer in Abu Dhabi It's time for some air-conditioned bliss The best things to do this weekend in Abu Dhabi Your full weekend itinerary 25 brilliant beach and pool day passes in Abu Dhabi Grab your SPF – a lush day by the water awaits
What's On
11-07-2025
- What's On
Fly under Dhs500: The cheapest flights you can take in July
Holiday season is a state of mind and has nothing to do with whether we actually have holidays or not. But thankfully for us, with summer fully underway, now is the time for travel inspiration. If you're looking to grab a flight and jet away to picturesque locations very soon, this guide to some of the cheapest flights you can book this season may be helpful. To Larnaca on Wizz Air: from Dhs491.8 Serenity on the southern coast of Cyprus, Larnaca is your perfect summer getaway, complete with pristine beaches, relaxed Mediterranean charm and loads of culture. It's like having your Aegean summer dream, but for less. If you book to fly towards the end of July, a roundtrip will cost you Dhs492. Just under the 500 sweet spot, and you have your Pinterest holiday. Book here. To Tashkent on Wizz Air: from Dhs491 A beautiful blend of Soviet-era architecture, Islamic heritage, and modern Central Asian culture, the capital of Uzbekistan is highly underrated. Wide boulevards, leafy parks, and a lively arts scene make it a unique stop on the Silk Road, and if you're looking for an unconventional destination, this may be it. You can fly a roundtrip for Dhs491 with Wizz Air if you book for late July. Book here . To Dammam on Wizz Air: from Dhs400 The Saudi Arabian city is a sweet coastal dream and more laid-back as compared to cities like Riyadh and Jeddah, bordered by beautiful beaches and clear blue skies. If you're looking for relaxing holiday, this is where you need to be, and if you fly Wizz Air throughout July, you'll make a roundtrip for as little as Dhs400. It's the perfect speedy, neighbourhood getaway. Book here. @wizzair Images: Supplied/Getty > Sign up for FREE to get exclusive updates that you are interested in
Gulf Today
10-07-2025
- Automotive
- Gulf Today
Motorists failing to give way to vehicles face Dhs400 fine, say Abu Dhabi police
As part of "Darb Al Salama 2" campaign, Abu Dhabi Police urged drivers to avoid driving slowly in the overtaking lane and to stay in the right lane when driving at low speeds to prevent traffic congestion and confusion for other drivers. The police clarified that failing to give way to vehicles with the right of way coming from behind or the left is a violation punishable by a fine of Dhs400. The police emphasised the importance of safe driving practices, specifically warning against overtaking vehicles from the right due to the significant risks involved, which can lead to traffic accidents. They also stressed the need for drivers to remain attentive and only change lanes after ensuring the road is clear and there is sufficient distance from other vehicles. This allows for safe lane changes and reduces the risk of collisions. Additionally, drivers were reminded to use turn signals when changing lanes to enhance road safety.
