Daily Newsletter

22 March 2024

Daily Newsletter

22 March 2024

Nobu Residences UAE penthouse fetches record price of $37.3M

The Abu Dhabi sale highlights the appeal of branded residences in top locations, affirming the city's rise as a global investment hub.

Mohamed Dabo March 21 2024

In a notable milestone for luxury real estate, a penthouse at Nobu Residences Abu Dhabi in the United Arab Emirates has fetched a record price of $37.3m.

The sale, facilitated by Nobu Hospitality in collaboration with real estate developer Aldar, underscores the growing appeal of branded residences in prime locations.

Luxurious features and prime location

Situated in the Saadiyat cultural district, the three-bedroom penthouse offers stunning views of Saadiyat Beach and exclusive amenities. Occupying an entire floor, the penthouse features a spacious terrace, private pool, personal wellness retreat and gym.

Nobu Residences Abu Dhabi also offers a range of residences, including apartments, penthouses, lofts and sky villas, alongside a 125-room Nobu Hotel, a Nobu restaurant and a rooftop bar.

Its location provides easy access to cultural landmarks such as the Guggenheim Abu Dhabi and the Louvre Abu Dhabi, along with upscale shopping and dining options at Saadiyat Grove and Mamsha Al Saadiyat.

Rising demand in Abu Dhabi

The sale of the penthouse reflects the burgeoning property market in Abu Dhabi, with several high-value transactions occurring in recent times.

The demand for luxury properties is driven by supportive government policies and initiatives, enhancing Abu Dhabi's appeal as an attractive investment destination.

With international projects underway, including the recent launch of the Nobu Hotel Toronto and Residences, the company aims to offer unparalleled experiences to residents.

As Nobu Hospitality continues to unveil new residential projects, the sale of the penthouse at Nobu Residences Abu Dhabi sets a precedent for luxury living in the region, reflecting the growing demand for exclusive branded residences globally.

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