12 October 2023, Property News
A Dh98 million deal might be the most expensive property transaction in Abu Dhabi to date.
The property, which has seven bedrooms and a 32,000 square-foot spread, is situated in the opulent “Ohana by The Sea” development, a neighborhood in the Ghantoot area that will be completed in the fourth quarter of 2025.
Residents of the home will be able to “enjoy a 180-degree unobstructed sea view from the private garden” and have access to a private beach. There will be a home office, three private gardens with direct beach access, three living rooms, two salons, a scaled-up patio, and three living rooms.
Elie Saab Maison will provide customized options for the interiors.
“The listing of the Dh98 million villa is a testament to the strength of the Abu Dhabi real estate market,” said Evgeny Ratskevich, CEO of Metropolitan Capital Real Estate.
One of the fastest off-market sales in the UAE for an entire villa development provided to an agency on an exclusive basis occurred earlier this year when the estate agent sold a collection of 45 villas in under 30 days.