A penthouse in the Four Seasons Private Residences Abu Dhabi at Saadiyat Beach sold for a record Dh14,000 per square foot on Monday, setting a new record for Abu Dhabi real estate.
The 14,240-square-foot property, which was built by AlAIN, a developer based in Abu Dhabi, sold for Dh200 million. The five-bedroom off-plan apartment has a fitness center, spa, office lounge, two elevators, a chef’s kitchen, and a movie theater.
“Abu Dhabi is undergoing a remarkable transformation – from world-class cultural landmarks like the Louvre and Guggenheim to its rise as a global financial hub through ADGM and ADQ. This milestone sale demonstrates the strength of the city’s luxury market and the appetite among discerning global buyers for prestigious, world-class residences,” said Leigh Borg, Managing Director of Abu Dhabi Sotheby’s International Realty.
The Abu Dhabi Real Estate Centre reports that the capital has seen deals totaling Dh92 billion so far in 2025. Millionaires, centimillionaires, and billionaires have migrated to the emirate for its stability, culture, and global connectivity, driving the market’s more than 200 percent growth over the last five years.
The second quarter of 2025 saw strong price performance, with average apartment values increasing by more than 18% year over year to Dh14,200 per square meter. But according to real estate firm CBRE, vila prices rose by about 14%, averaging Dh11,900 per square meter.
“Growth was broadly distributed across key communities, with apartment prices generally increasing between 12 per cent and 17 per cent, driven by strong demand across the central and waterfront locations. Villa performances varied much more widely, with annual growth ranging from 4 per cent to 14 per cent in the high-demand areas across Yas Island,” said CBRE.
George Azar, Chairman and CEO of Sotheby’s International Realty in the UAE, UK, and KSA, said Abu Dhabi is now ready to take center stage after seeing Dubai’s explosive expansion in recent years.
“The city combines visionary government planning with world-class infrastructure, sustainability, and culture,” he added.