[Sheikh Hamdan The Crown Prince of Dubai]: his Amazing US$ 250,000,000 Yacht Quattroelle

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Sheikh Hamdan bin Mohammed Al Maktoum and his Yacht Quattroelle

Yacht Name: Quattroelle - Yacht Length: 86 m (283 ft) - Guests: 12 in 6 cabins - Crew: 28 in 14 cabins - Yacht Value: US$ 250 million - Owners Name: Crown Prince Hamdan of Dubai - Al Maktoum Net Worth: US$ 5 billion - Owners Country: Dubai - Quattroelle was built for Michael Lee Chin, he is rumored to be building a larger 139 meter yacht. We think its Project Redwood, under construction at Lurssen.

Luxury Yacht Quattroelle

The luxury yacht Quattroelle was built by Lurssen and delivered to her owner in 2013. She is designed by the Italian based Nuvolari-Lenard and can accommodate 16 guests in 8 staterooms. The yacht has a crew of 29.


An Usain Bolt designed Gym

Quattroelle has a gymnasium designed by Usain Bolt, a spa with hairdressing salon, a massage room and several pools. The name Quattroelle stands for “four L’s or Love, Life, Liberty, and Luxury”.


Built for Michael Lee Chin, who is building larger

Quattroelle was built for Michael Lee-Chin. We were told he sold the yacht in 2014 to UAE billionaire Majid al Futtaim, but in the meantime it became clear she was sold to Crown Prince Hamdan (FAZ3) of Dubai Apparently Michael Lee Chin ordered a larger (139 meter / 456 ft) yacht, which will be delivered in 2019. Built to a Moran Yachts specification, the yacht will feature accommodations for 36 guest in 20 staterooms. We think it’s project Redwood, under construction at Lurssen. All photos on this page are used with permission. See Ship-Dreams for more photo’s.


Charter Quattroelle

The yacht Quattroelle is not available for charter

His Highness Sheikh Hamdan bin Mohammed Al Maktoum is the owner of the yacht Quattroelle. Sheikh Hamdan is the Crown Prince of Dubai.


Hamdan bin Mohammed Al MaktoumDubai Royal Family

Sheikh Hamdan is the son of Sheikh Mohammed bin Rashid al Maktoum, the Ruler of Dubai. He is a descendant of the House of Al-Falasi, of which Sheikh Mohammed is the tribal leader. Hamdan is Chairman of the Dubai executive council and President of Hamdan Bin Mohammed Smart University.


Net Worth

The net worth of the Al Maktoum family is estimated at US$ 5 billion.


Sheikh Hamdan Palace

Sheikh Hamdan reportedly lives in a large complex of several palaces, where all his family members live. The area is called Za’abeel, and houses the Zabeel Palace, which was the official residence of Sheikh Rashid, the grandfather of Sheikh Hamdan. Hamdan reportedly also owns a palace in Abu Dhabi and a desert palace in Dubai.


Social Media

Sheikh Hamdan is very active on social media, such as Facebook and Instagram. He uses the name Fazza or Faz3. He is an active horse rider, diver and a semi-professional skydiver. He frequently publishes photos of himself, for example when skydiving towards the yacht Dubai.


Yacht Smeralda and Quattroelle Shadow

Sheikh Hamdan - FAZ3 - also owns the 77 meter yacht Smeralda and Quattroelle’s support ship Quattroelle Shadow (which was built as Lady Lola Shadow for Duane Hagadone).


Dubai Royal Family Yachts

The family owns many yachts including Dubai, Dubawi and the Silver Yacht Esmeralda. The yacht Dubawi is a converted cruise ship. Sheikh Hamdan’s brother Mansoor is the owner of the Benetti Yacht Code 8. The Trinity Sapphire was owned by the family, but sold in 2014.


Sheikh Hamdan al Maktoum Resources

https://hamdan.ae

https://en.wikipedia.org/wiki/Hamdan_bin_Mohammed_Al_Maktoum

https://www.instagram.com/faz3

https://www.superyachtfan.com/yacht-smeralda.html

yacht Quattroelle

The Yacht Quattroelle, owned by Crown Prince Hamdan of Dubai

Majid al Futtaim

We were told that Majid al Futtaim is the owner of the yacht Quattroelle, but this information is incorrect. Al Futtaim is an UAE based billionaire and brother of Abdulla al Futtaim (owner of the yacht Radiant).


Majid al Futtaim Holding

Majid al Futtaim is founder of Majid Al Futtaim Holding, active in retail and real estate. Al Futtaim owns the franchise to operate Carrefour hypermarkets and supermarkets in the Middle East, North Africa and the Russian Commonwealth of Independent States. In total Al Futtaim owns around 140 Carrefour stores.


Mall of the Emirates

The group also develops malls, the most famous is the Mall of the Emirates, which has more than 500 shops, 7000 parking spaces and includes Ski Dubai, the Middle East’s first indoor ski resort and snow park.


Kempinski Hotels

Further Al Futtaim owns 11 hotels, including the Kempinski Hotel Mall of The Emirates, which has 393 rooms. Majid Al Futtaim Ventures develops businesses that complement Al Futtaim Holding’s hotel and mall operations. This includes the leisure and entertainment facilities at the shopping malls, including Ski Dubai, VOX Cinemas, Magic Planet and iFly. It is also parent to Majid Al Futtaim Finance, a consumer finance company issuing ‘Najm’ credit cards that offer consumers special rates and benefits at the malls and facilities, and Majid Al Futtaim Fashion, which brings some of the world’s most famous brands to the Middle East region including Abercrombie & Fitch and Mexx.


$6.3 billion net worth

The net worth of Majid al Futtaim is estimated at US$ 6.3 billion. He is considered to be the richest (non Royal) person in the United Arab Emirates. In 2015 his group realized revenues of US 7.5 billion and a net profit of US$ 900 million.


US$ 70 Million G650 Private Jet

Majid al Futtaim owned a US$ 50 million Dassault Falcon 7X Private Jet with registration A6-MAF. But in 2016 his new US$ 70 million Gulfstream G650 jet was delivered, now using the A6-MAF sign.


November 2016 Update

In November 2016 SuperYachtFan was contacted by a Director of the MAJID AL FUTTAIM PRESIDENT'S OFFICE, stating: “This is to inform you that Majid Al Futtaim is not the owner of Quattroelle, nor has he ever offered to buy it.”.  We know now that the Crown Prince owns Quattroelle

Michael Lee-Chin

Michael Lee-Chin was the original owner of the yacht Quattrolle, but he sold his yacht to the Crown Prince of Dubai a.k.a. FAZ3. Michael Lee-Chin is the founder of Portland Holdings, an investment company active in several sectors, including media, tourism, health care and financial services.


Born in Jamaica

Lee-Chin was born in Jamaica and immigrated to Canada to study engineering. He became financial advisor and at the age of 32 borrowed money and started investing. His first investment of $500.000 became US$3.5 million in a few years.





AIC Limited

With the profit Lee-Chin acquired the investment firm AIC Limited. This investment firm grew to assets of more than $15 billion. Lee-Chin’s current investments include The National Commercial Bank of Jamaica (NCB, Jamaica’s largest bank with 2,400 employees), The Wallenford Coffee Company (Jamaica’s largest coffee exporter), the CVC Communications Group (tv and radio stations) and several exclusive hotels and restaurants.


US$ 1 billion net worth

Michael Lee-Chin has an estimated net worth of $ 1 billion, making him one of the richest Jamaican born people. His previous yacht was Capri, which he sold to John Caudwell.  

Quattroelle Shadow

Quattroelle Shadow, built as Lady Lola Shadow

Quattroelle

Quattroelle - Love, Life, Liberty, Luxury

delivered by Lurssen in 2013

She is built by Lurssen

Michael Lee-Chin

Michael Lee-Chin is a Jamaican born billionaire.

Motor yacht Quattroelle

Michael Lee-Chin is the founder of Portland Holdings

Majid Al Futtaim yacht

Majid al Futtaim is a UAE billionaire, he owns hypermarkets, malls and hotels

Next yacht:

Radiant

Previous yacht:

Quantum Blue

al futtaim yacht

Follow the position of the yacht Quattroelle live

Al Futtaim's private Jet A6-MAF

Majid al Futtaim’s private jet with registration A6-MAF (Photo by Rick Schlamp)

A6-MAF G650

His new (2016) Gulfstream G650 A6-MAF

QuattroelleProject Redwood - Lurssen - Michael Lee Chin

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Quattroelle yacht

Photo by Ade Owens

A beautiful  yacht