Inside the $250 Million Superyacht 'Amadea' with the World's Youngest Real Estate Billionaire
**For 27-year-old Dubai mogul Abbas Sajwani, his 348-foot pleasure vessel isn't just a floating trophy—complete with a gold elevator—it's a palatial office from which he runs his empire .**
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## The World's Youngest Billionaire Sets Sail
It's two days before the Monaco Grand Prix in early June, and Abbas Sajwani emerges from a golden elevator onto the main deck of his 348-foot superyacht, **Amadea**, in a white linen shirt and gray pants . He's anchored the vessel—which he bought from the U.S. government at a secret auction last September, after it was seized from alleged Russian oligarch Suleiman Kerimov three years earlier—just off the coast of the postcard-sized principality, as many billionaires do during the summer .
At just 27 years old, Sajwani is the youngest Arab billionaire and the youngest billionaire globally in real estate, with an estimated net worth of $1.9 billion . But he's not just a billionaire with a toy—he's a businessman who uses his floating palace as a mobile headquarters, proof that for the ultra-wealthy, work and pleasure are often the same thing.
The Amadea, which Sajwani bought for an undisclosed sum (reportedly at a significant discount from its $300 million appraisal), isn't just a symbol of his wealth—it's a tool of his trade . He uses the yacht not only for entertainment but also as a space to hold meetings and manage the operations of his company, AHS Properties, which focuses on developing ultra-luxury real estate in Dubai .
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## The "Palatial Office": A Tour of the Amadea
Every detail of the Amadea reflects its status as one of the world's most distinguished superyachts . Here's a look inside :
**The Specs:**
- **Built by:** Lürssen (Germany) in 2017
- **Length:** 348 feet (106 meters)
- **Gross Tonnage:** 4,402 GT
- **Accommodates:** 16 guests in 8 staterooms
- **Crew:** 36
**Key Features:**
- **A hand-painted baby grand piano** from centuries-old Parisian piano maker Pleyel
- **A gold elevator** connecting the decks
- **A mosaic swimming pool** and jacuzzi
- **A certified helipad**
- **Two spas** (one for the owner, one for guests)
- **A private cinema**
Walking past the intricately inlaid teak walls, a bar carved out of marble from the Greek island of Thassos, and the custom-made piano, he sits on a cream-colored couch, framed by the Mediterranean and the Monaco skyline . The art deco-style albatross on its bow makes it a standout even among the more than two dozen yachts in the Mediterranean during the summer season .
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## A Russian Seizure, A Billionaire's Bargain
The Amadea's story is as dramatic as its interior. The yacht was allegedly built for Suleiman Kerimov, a Russian gold magnate and member of the country's upper house of parliament whom the U.S. had sanctioned in 2018 . In 2022, after Russia's invasion of Ukraine, the FBI and Fijian authorities seized the yacht, and it was later sailed to San Diego . For three years, U.S. taxpayers footed an astonishing maintenance bill of roughly $1 million a month while the vessel remained in limbo .
Sajwani, who had fallen in love with the yacht years earlier, finally got his chance to own it. He had toured the Amadea during a brief period when it was on the market and never forgot it . At the secret auction, his winning bid was only $1 million above the next-highest, securing the $250 million vessel at a considerable discount . He has since rejected a much higher offer for it .
His purchase was executed via a company linked to his family's Dubai-based conglomerate, Damac Group, highlighting the deep ties between the Sajwani family and global super-prime assets .
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## The Human Element: More Than a Trophy
Sajwani's story is not just one of inherited wealth. The son of Hussain Sajwani, Dubai's richest person (worth an estimated $15.3 billion), the younger Sajwani made his own mark . He started investing in Dubai's stock market as a teenager with a $100,000 gift from his father . He then invested $5 million (with leverage) in U.S. stocks—Simon Property Group and Capri Holdings—and sold his positions in 2021 for a 5x return .
He then used those profits to enter Dubai's real estate market, buying villas at auction, renovating them, and selling them for a profit before moving into large-scale development projects .
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## Frequently Asked Questions
**Q: Who is Abbas Sajwani?**
A: Abbas Sajwani is a 27-year-old Dubai-based real estate billionaire who is the founder and CEO of AHS Properties. He is recognized by Forbes as the youngest Arab billionaire and the youngest billionaire globally in real estate, with a net worth of $1.9 billion .
**Q: Where did the superyacht Amadea come from?**
A: The Amadea was built in 2017 by the German shipyard Lürssen. It was seized by the U.S. government in Fiji in 2022, on the grounds that it was owned by sanctioned Russian oligarch Suleiman Kerimov .
**Q: How big is the Amadea?**
A: The Amadea is 348 feet (106 meters) long, making it one of the largest superyachts in the world .
**Q: How much is the Amadea worth?**
A: It is valued at an estimated $250 million . The yacht was appraised at $300 million when seized, but Sajwani bought it at a discount at auction .
**Q: What is Abbas Sajwani's connection to his father?**
A: Abbas is the son of Hussain Sajwani, Dubai's richest person and the founder of the Damac Group. While his father's company builds mass-market luxury, Abbas' AHS Properties focuses on the ultra-luxury sector, targeting the highest end of the Dubai market .
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## Conclusion
The Amadea is more than a superyacht; it is a floating symbol of a new generation's rise to power in Dubai. For Abbas Sajwani, the world's youngest real estate billionaire, it is a floating palace that combines the pinnacle of maritime luxury with the practical demands of running a global empire . Its purchase, from a seized Russian vessel to a trophy asset of a 27-year-old billionaire, is a story of sanctions, family ties, and the relentless pursuit of the super-prime.
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## Disclaimer
**IMPORTANT:** This article is for informational and educational purposes only. The information contained herein is based on publicly available sources as of August 2026. Valuations, auction prices, and personal wealth estimates are subject to change.
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