Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum is the Crown Prince of Dubai. He is not just a figurehead of the royal family, but has significant power and various interests, making him one of the most powerful royal families in the world. Sheikh Hamdan is estimated to have a personal net worth of between $1 billion and $2 billion, making him one of the richest crown princes in the world.
Sources of wealth for Sheikh Hamdan
Sheikh Hamdan’s wealth was built through various income-producing businesses such as owning luxury properties; superyachts; private jets; and rare car collections. However, these amounts do not reflect his entire wealth as they are only from his personal holdings.
When we compare the wealth of Sheikh Hamdan with the total wealth of the Al Maktoum dynasty as a whole, his wealth increases dramatically. The family is said to have a combined net worth of between $14 billion and $18 billion and is headed by Sheikh Mohammed bin Rashid Al Maktoum, Sheikh Hamdan’s father, but even these figures may not accurately reflect the royal family’s wealth due to the private and non-public nature of how members of the royal family manage their financial affairs.
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Royal wealth
The royal estate is mostly private and hidden from the outside world in the Persian Gulf region of Arabia. Due to the limited amount of information about how these holdings are managed, experts agree that the true worth of Mohammed bin Rashid Al Maktoum’s family (called the Maktoums) is likely to be much greater than publicly disclosed estimates.
Use of His Royal Highness Sheikh Hamdan’s wealth: The main areas of his investment
Although Sheikh Hamdan’s individual wealth represents only a small portion of the family’s total wealth, it is still huge and has been invested in many areas.
Investment in real estate
Sheikh Hamdan has always focused on real estate and commercial real estate investments. It currently works with the former Zabeel Investments, which was a major developer in Dubai before its assets were sold to and merged with the Dubai Real Estate Corporation.
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As the Crown Prince of Dubai, Sheikh Hamdan has also been involved in a number of leadership roles. He is the chairman of the Dubai Executive Council and has undertaken many infrastructure development projects that contribute significantly to his wealth and prosperity in the region.
Luxury goods
Sheikh Hamdan has a significant collection of luxury cars and yachts in his portfolio. His net worth has been boosted as the vast majority of items are extremely valuable.
Luxury yachts and private jets
Sheikh Hamdan has an extensive collection of beautiful yachts and is very passionate about the sea.
His garage is said to include Ferraris, including a LaFerrari, a Lamborghini, a Bugatti Veyron Grand Sport Vitesse and modified vehicles such as a gold Mercedes. He also favors luxury SUVs, especially the Mercedes-AMG G63.
Royal Residences and Real Estate Empire
Real estate is the cornerstone of Sheikh Hamdan’s wealth.
Zabeel Palace:
Zabeel Palace, the crown jewel of his properties, serves as a private residence as well as a venue for official events. With its golden marble interiors and landscaped gardens, the palace symbolizes the opulence of Dubai.
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Private Residences:
They also own several mansions in elite neighborhoods such as Nad Al Sheba, where you will find private cinemas, equestrian facilities and extensive outdoor spaces.
In addition to personal residences, Sheikh Hamdan holds stakes in luxury residential towers, commercial buildings, hospitality facilities and gated communities that shape Dubai’s urban skyline.
Private zoo and nature conservation
Sheikh Hamdan’s passion for animals extends to an exclusive private zoo located near Nad Al Sheba, near the Dubai Desert Reserve. The facility houses exotic species such as white lions, giraffes, elephants and tigers.
The zoo prioritizes the welfare of animals, offers spacious habitats, specialized veterinary services and modern care facilities.
A dedicated falconer, Sheikh Hamdan actively preserves falconry, an esteemed Emirati tradition. He runs a private falconry center with a specialized falconry hospital and regularly participates in competitions such as the Fazza Championship for Falconry.
