It’s two days before the Monaco Grand Prix in early June, and Abbas Sajwani emerges from a golden elevator onto the main deck of his 348-foot superyacht, Amadea, in a white linen shirt and gray pants. He’s anchored the vessel—which he bought from the U.S. government at a secret auction last September, after it was seized from alleged Russian oligarch Suleiman Kerimov three years earlier—just off the coast of the postcard-sized principality, as many billionaires do during the summer.Walking past the intricately inlaid teak walls, a bar carved out of marble from the Greek island of Thassos and a hand-painted baby grand piano—custom-made for the yacht by centuries-old, Paris-based piano maker Pleyel—he sits on a cream-colored couch, framed by the Mediterranean and the Monaco skyline. But the 27-year-old Dubai real estate scion is eager to talk about his real estate firm AHS Properties’ latest acquisition. “We bought the Shangri-La [Dubai] at the end of May for $300 million,” he says, adjusting his rimless glasses. “That shows you my personal conviction and faith in the Dubai market.”By Giacomo TogniniDeputy EditorLearn more about your ad choices. Visit megaphone.fm/adchoices