The posh London mansion that billionaire businesswoman and pop star Rihanna rented for £18,000 (US$21,895) per month while she lived in the British capital has just sold for £27.5 million.

The A-lister called the pad home for some two-and-a-half years—during which the more than 6,300-square-foot home’s contemporary interiors appeared across her social media channels—before moving out in 2020, Mansion Global previously reported.

Fully refurbished and modernized, the eight-bedroom home is St. John’s Wood, a leafy upscale neighborhood north of Regent’s Park that’s full of townhouses and megamansions.

It’s also “the only one of Royal architect John Shaw’s original villas on St. John’s Wood Park to have survived into the 21st century,” said Stephen Lindsay, the head of the North London and St John’s Wood office at Savills, which had the listing with Aston Chase.

The house has a number of reception and family rooms, alongside formal and casual dining rooms, a study, a family kitchen and a gym. There’s plenty of outdoor space too, in the form of a terrace and a sizable rear garden.

There’s also planning permission in place to expand the home to 16,000 square feet, nearly tripling the interior space, and allowing a basement with a pool and spa, according to the listing.

The “We Found Love” singer is not the only notable resident to have called the manse home. Diamond tycoon Daniel Francis, a shareholder at De Beers in the mid-1800s, was the original owner of the five-story mansion.

The house was purchased by a family from overseas, according to the brokerages. Mansion Global couldn’t identify the sellers.

Friday’s sale equated to £3,500 per square foot, a record price for the St. John’s Wood area,” said Mark Pollack, co-founding director of Aston Chase. It reflects “the substantial planning consent obtained, the large plot and the secure carriage drive, which are amenities normally associated with homes further out in the suburbs of London.”

A representative for Rihanna couldn’t immediately be reached for comment.

Source : MansionGlobal

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An under-construction oceanfront mansion in Abu Dhabi hit the market Monday for AED 98 million (US$26.7 million), the most expensive villa on the market in the U.A.E. capital.

The seven-bedroom property is part of the Ohana by The Sea development, an upscale coastal enclave close to Dubai. It’s expected to be move-in ready at the tail end of 2025.

The villa is “a truly unique property and is located in one of the most exclusive communities in Abu Dhabi and offers stunning views of the Arabian Gulf,” according to Evgeny Ratskevich, CEO of listing agency Metropolitan Capital Real Estate.

Spanning 32,000 square feet, the enormous house will offer features including private beach access, three living rooms, two salons, a home office, two maids’ rooms and a driver and guard’s room.

There will also be a large terrace, three gardens, multiple swimming pools and sea views.

The listing of the villa, and its sizable price tag, “is a testament to the strength of the Abu Dhabi real estate market,” Ratskevich said. “The city has seen a significant increase in demand for luxury properties in recent years, and prices are expected to continue their upward trajectory.”

Abu Dhabi’s property market saw the value of its transactions soar 103% to AED 6.1 billion in the year to the second quarter of 2023, according to data from Knight Frank.

Meanwhile, prices rose 2.8% in the same time, but are still lower than the 2014 market peak.

Villas outperformed apartments in the second quarter, “in part due to a limited supply pipeline, but also due to the persistent desire by households for larger homes as well as their relative price stability,” Knight Frank said. Villa prices grew 4.7% over the second quarter and 5.7% over the year.

Source : MansionGlobal

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