A Regent’s Park mega-mansion — one of the country’s priciest properties— has reportedly been sold for £190 million just 18 months after it was last purchased.
The Holme, a 40-bedroom Georgian property which stands in four acres of land in Regent’s Park, was listed for sale for £250 million in March 2023. It had been owned by the Saudi Arabian prince Abdullah bin Khalid bin Sultan al-Saud, but had fallen into the hands of receivers after a loan of around £150 million, secured against the property and assets, had not been repaid.
In December 2024, the Holme finally sold for £138.9 million – representing an enormous £110 million price cut. The official buyer, Land Registry records revealed, was a UK subsidiary of the Luxembourg-based company Zedra, which provides wealth management advice to wealthy families, entrepreneurs and businesses.
At the time of the sale, it was believed that the buyer was an American tech billionaire, but they have still not been named.
Now, just 18 months after it was purchased, the property is reported to have sold again for a £50 million profit.
According to the Financial Times, the buyer is Abbas Sajwani, a 26-year-old Emirati property billionaire and the son of Dubai-based property developer Hussain Sajwani, who is reported to be a close friend and associate of Donald Trump and is worth an estimated $15.3 billion (£11.63bn). Land Registry documents for the sale have not yet been made public.
Per his website, Abbas Sajwani is “the youngest billionaire in global real estate” and the founder of AHS Properties, a super-prime Dubai-based property development company.
Its projects include the $250 billion One Crescent on Palm Jumeirah and One Canal, along the Dubai Water Canal, where the company says that its penthouse sold for a landmark $50,000. Earlier this month, AHS Properties announced that it had acquired the Shangri-La Hotel in Dubai for $300 million.
The FT reports that Sajwani is buying the property on behalf of his family.
To Islay Robinson, who works with ultra-high net worth individuals as CEO of financial brokerage Enness Global, the Holme “makes sense” as an investment for a buyer like Sajwani. “It might be a good store of wealth – something where that asset is secure and protected using the English legal system. It’s a place where assets can be held,” he says.
Although the Holme would be part of a wider property portfolio, the appeal of the property is its privacy.
“Security is paramount. It’s in the park. It’s Crown Estate. It’s not the easiest to get to. It’s behind gated security. It’s a very, very private and discreet house,” he says. “I don’t think there’s anything that has a similar footprint in terms of the grounds, the plot size and everything else – I don’t think Buckingham Palace is going to come up for sale.”
The sale is one of a number of high-value transactions in recent months. In February, a shell and core penthouse at Park Modern sold for £57 million to tech billionaire Igor Babushkin, making it the biggest sale of its kind in London for a decade.
And in April, property developer and Reform UK treasurer Nick Candy sold Providence House, his Chelsea mansion, for over £270 million.
“London real estate has been subdued – it’s been challenging for a period of time. But the value point seems to be attracting international and domestic investors to acquire properties,” says Robinson. “I think it’s a sign that London’s hit that point in the marketplace. Maybe currency or international politics are to play, but that’s what’s driving these acquisitions.”
Under Zedra’s tenure, no work was undertaken on the property except the pruning of a willow tree, planning requests show. The Holme is Grade II* listed and has 29,000 square feet of space, eight garages, a tennis court, sauna, whirlpool, grand dining room and library.
Zedra and Sotheby’s International Realty, which is reported to have been involved with the transaction, declined to comment on the sale.
