The Crown Prince of Dubai (FAZ3): Net Worth, House, Private Jet and yacht Quattroelle
Author: Peter Yachtfan
86 m (283 ft)
12 in 6 cabins
28 in 14 cabins
Quattroelle Boat Price:
US$ 180 million
Quattroelle Yacht For Sale:
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Quatroelle Yacht Charter:
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Sheikh Hamdan (FAZ3)
Hamdan bin Mohammed al Maktoum
Al Maktoum Net Worth:
US$ 5 billion
Crown Prince of Dubai
November 14, 1982
Sheikha Sheikha bint Saeed bin Thani Al Maktoum
Zabeel Palace, Dubai, UAE
Boeing 747 BBJ (A6-
Boeing 747 BBJ (A6-
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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.
Sheikh Hamdan is the Crown Prince of Dubai. He was born in November 1982. He is married to Sheikha Sheikha bint Saeed bin Thani Al Maktoum since 2019. They have no children. His father is Mohammed bin Rashid Al Maktoum.
Hamdan is the owner of the yacht Quattroelle.
The Sheikh is the son of Sheikh Mohammed bin Rashid al Maktoum, the Ruler of Dubai. He is a descendant of the House of Al-
Hamdan is Chairman of the Dubai executive council and President of Hamdan Bin Mohammed Smart University.
The net worth of the Al Maktoum family is estimated at US$ 5 billion.
He 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.
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-
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).
The family owns many yachts including Dubai, Dubawi and the Silver Yacht Esmeralda. The yacht Dubawi is a converted cruise ship.
His brother Mansoor is the owner of the Benetti Yacht Code 8. The Trinity Sapphire was owned by the family, but sold in 2014.
The Crown Prince has acces to his father’s fleet of Boeing 747 private jets. Which includes the Boeing 747 BBJ (A6-
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The yacht is powered by 2 Caterpillar engines. Which bring her a top speed of 17 knots. Her cruise speed is 15 knots. We estimate her range at at least 5,000nm.
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”.
Quattroelle was built for Michael Lee-
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.
Update: the Lurssen project Testarossa was launched in September 2019. There was a Canadian flag on her bow. That is a direct hint to Michael Lee Chin. So the 116 meter yacht Testarossa is probably the new yacht for Michael Lee Chin.
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The boat is not available for yacht charter. And she is not listed for sale
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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 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.
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.
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.
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.
Majid al Futtaim owned a US$ 50 million Dassault Falcon 7X Private Jet with registration A6-
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
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