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The Crown Prince of Dubai (FAZ3): Net Worth, House, Private Jet and yacht Quattroelle

Author: Peter Yachtfan

Quattroelle Yacht

Boat Name:


Yacht Length:

86 m (283 ft)


12 in 6 cabins


28 in 14 cabins


Lurssen Yachts


Nuvolari Lenard




17 knots




2,925 ton



Quattroelle Boat Price:

US$ 180 million

Quattroelle Yacht For Sale:

Contact a Sales Broker

Quatroelle Yacht Charter:

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Sheikh Hamdan (FAZ3)

Full Name:

Hamdan bin Mohammed al Maktoum


Dubai, UAE

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

Private Jet:

Boeing 747 BBJ (A6-HRM)

Boeing 747 BBJ (A6-MMM)

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Our Super Yacht Owners Database: more than 1,100 Yachts and Yacht Owners.

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.

Who is Sheikh Hamdan bin Mohammed Al MaktoumHamdan bin Mohammed Al Maktoum

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 Dubai Royal Family

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-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.

Sheikh Hamdan Net Worth

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

Sheikh Hamdan Palace

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.

Social Media

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.

Other Yachts He Owns

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.

His brother Mansoor is the owner of the Benetti Yacht Code 8. The Trinity Sapphire was owned by the family, but sold in 2014.

Private Jet

The Crown Prince has acces to his father’s fleet of Boeing 747 private jets. Which includes the Boeing 747 BBJ (A6-HRM) and the Boeing 747 BBJ (A6-MMM).

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Crown Prince of Dubai Sources

There is more!

M/Y Quattroelle

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.

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 Shadow

The yacht has a support vessel named Quattroelle Shadow. The 56 meter vessel carries all toys and extra crew and staff.

She was built as an offshore supply vessel at Halter Marine in 1981.

Michael Lee-Chin

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.

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.

All photos on this page are used with permission. See Ship-Dreams for more photo’s.

Our yacht owners database has more info about yachts, the value of yachts, yacht owners, their source of wealth and net worth.

Yacht Charter

The boat is not available for yacht charter. And she is not listed for sale

Scroll all the way down for more amazing content!.

yacht Quattroelle

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.

What Is Majid al Futtaim 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.

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

Scroll down for more info!

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.


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.

Michael Lee-Chin 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.  

New Yacht for Michael Lee Chin

We think the 116 meter Lurssen Project Testarossa is the new yacht for Michael Lee Chin. During her launch in September 2019, she had a Canadian flag on her bow. No doubt a hint towards her owner, Canadian billionaire Michale Lee Chin.  (He was born in Jamaica, but emigrated to Canadai)

There is more!

Quattroelle Shadow

Quattroelle Shadow, built as Lady Lola Shadow.


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.

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al futtaim yacht

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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 ChinQuattroelle yacht

Photo by Ade Owens

A beautiful  yacht

Inside the yacht

yacht quattroelle interiorinterior quattroelle yachtinside sheikh hamdan yacht

The Lurssen Project Redwood. We think this will be the new Quattroelle for Michael Lee-Chin. Update: it’s probably  Project Testarossa which will be his new yacht.

Lurssen TestaRossa - Michael Lee ChinYacht OwnersDownload our Database with more than1,060 Yacht OwnersQuattroelle Yacht - locationLuxury Yacht Charter