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Abbas Sajwani to Make One of the UK's Most Expensive Purchases - News Directory 3

Abbas Sajwani to Make One of the UK’s Most Expensive Purchases

September 3, 2026 Ahmed Hassan Business
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Original source: ft.com

Abbas Sajwani, son of billionaire DAMAC Properties founder Hussain Sajwani, has emerged as the buyer behind a £190 million residential acquisition in London, according to verified corporate and market reports. The transaction ranks among the most expensive property purchases in the history of the United Kingdom capital, capturing attention across international luxury real estate markets.

The buyer, known as the son of the prominent property tycoon often referred to in regional markets as the Donald of Dubai, secured the prime London asset through private investment channels. The high-value transaction underlines the sustained appetite among international ultra-high-net-worth investors for trophy residential assets in prime central London postcodes.

London’s prime property sector continues to record multi-million-pound transactions despite broader economic headwinds and fluctuating interest rates across Europe. Ultra-prime properties, particularly those exceeding the £100 million threshold, typically involve discreet corporate structures, family offices, and generational wealth holders based in the Middle East, Asia, and North America.

Market analysts tracking prime residential transactions note that acquisitions of this scale seldom rely on conventional domestic financing, depending instead on substantial liquid capital reserves. The involvement of prominent regional business families reinforces London’s enduring position as a primary global hub for safe-haven wealth preservation and luxury real estate allocation.

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