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Abbas Sajwani

All articles tagged with #abbas sajwani

Dubai’s 27-Year-Old Tycoon Makes History With Amadea Purchase And Pickleball Pad
business2 days ago

Dubai’s 27-Year-Old Tycoon Makes History With Amadea Purchase And Pickleball Pad

A 27-year-old Dubai billionaire, Abbas Sajwani, has become the world’s youngest superyacht owner after winning a sealed-bid auction for the seized Amadea, paying about $187 million—roughly a $138 million discount off its $325 million value. Sajwani, who previously toured Amadea in 2020 and later bought a smaller yacht, now uses Amadea as a floating home and office, entertaining VIPs on weekdays and hosting weekend gatherings, with lavish features including a 33-foot infinity pool, multiple spas, and a helipad that was recently converted into a pickleball court.

Dubai’s 27-Year-Old Real-Estate Billionaire Converts a $250M Yacht Into a Floating HQ
business8 days ago

Dubai’s 27-Year-Old Real-Estate Billionaire Converts a $250M Yacht Into a Floating HQ

Abbas Sajwani, a 27-year-old Dubai real‑estate heir, bought the 348‑foot superyacht Amadea for about $250 million after it was seized from Russian oligarch Suleiman Kerimov, using it as a floating office to run his empire via AHS Properties; he has also just acquired the Shangri‑La Dubai for $300 million and is planning the massive AHS City project, with Amadea’s luxury amenities—cinema, spa, 10‑meter infinity pool, gym, and a pickleball‑courts helipad—embody his blend of trophy assets and serious real‑estate expansion.