Aldar, a leading property developer, investor, and asset manager in the UAE, has announced a record-breaking sale of Abu Dhabi’s most expensive apartment – a luxurious three-bedroom penthouse at Nobu Residences Saadiyat Island, priced at AED137 million. This sets a new benchmark in the capital’s real estate market, with the highest price per square metre achieved to date at over AED96,000 per sqm.

This record-setting transaction highlights the growing appeal of Abu Dhabi as a premium lifestyle destination and a thriving investment hub. The capital’s transparent policies, investor-friendly environment, world-class leisure and beachside living across 200 natural islands, and initiatives such as the 10-year Golden Visa continue to attract high-net-worth individuals and global investors.

Further signaling strong demand for high-end living, this sale follows the recent purchase of a four-bedroom duplex sky villa at the same Nobu Residences development for AED130 million.

Talal Al Dhiyebi, Group CEO at Aldar, commented that this landmark sale at Nobu Residences not only redefines luxury real estate in Abu Dhabi but also highlights the continued maturity of our property market. We are seeing consistent year-on-year growth in both transaction volume and value, driven by government support and evolving lifestyle offerings. As we launch some of the UAE’s most premium residential concepts on Saadiyat Island and other prime locations, we expect this upward trend to accelerate.

Rashed Al Omaira, Acting Director General at ADREC, added that Abu Dhabi’s property market is gaining remarkable momentum, with robust demand across all segments. This new sales record underlines the resilience and progress of the real estate sector, cementing Abu Dhabi’s position as a top destination to live, invest, and thrive. Our ongoing focus remains on developing residential spaces that blend the emirate’s unique cultural charm with modern living, reinforcing its global reputation as a real estate hotspot.

Nobu Residences Abu Dhabi will be among the first branded residences in the region under the iconic Nobu Hospitality brand. The development promises a refined lifestyle that fuses Nobu’s signature Japanese aesthetics and hospitality with contemporary luxury. Ideally situated within walking distance of Saadiyat Grove and Mamsha Al Saadiyat, residents will enjoy access to over 60,000 sqm of high-end retail, dining, and hospitality venues along a scenic waterfront promenade.

Original Source:  https://www.wam.ae/article/b27fkh6-aed137-million-aldar-penthouse-sets-new-abu-dhabi