Mohamed Alabbar sells his apartment in Belgrade Waterfront: Is he leaving Serbia?

Photo: Medin Halilovic / AFP / Profimedia

UAE billionaire and Serbia’s business partner in the development of the Belgrade Waterfront project Mohamed Alabbar recently sold his apartment in that part of Belgrade, Forbes Srbija is reporting.

Recommended

The property is a large 344-square-metre penthouse in BW Residences, one of the first buildings constructed in the development, according to information from the Serbian Real Estate Cadastre.

When Forbes checked in July whether Alabbar had actually fulfilled his promise made a decade ago to buy an apartment in Belgrade Waterfront, the property was still registered in his name in the cadastre. Now, however, a notice recorded under his name in the registry suggests that the apartment has been sold.

The cadastre records what is known as a pre-registration of ownership, with a deadline for confirmation that had been set for December 14, 2026.

What does this mean in practice? Anyone potentially interested in the property is being notified that a sale agreement has been reached. The buyer has until the specified deadline to pay the agreed amount and complete the purchase.

Eagle Hills' comment

To verify whether Alabbar has in fact sold his apartment, Forbes Srbija requested a comment from his company, Eagle Hills, which is developing Belgrade Waterfront in partnership with the Serbian state.

The company confirmed that Alabbar has sold the apartment.

"The transaction relates to Mr. Alabbar's private property affairs, and publicly available information reflects the relevant details," the company told Forbes Srbija.

(Telegraf Biznis)