An $88 million LA home with its own NFT art gallery – international property of the week


Selina Denman
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From a retractable DJ deck to a koi pond that’s as big as a swimming pool, this Los Angeles home is brimming with unusual features.

Also out of the ordinary is its asking price of $87,777,777.

The key details

Dubbed Palazzo di Vista, the uber-contemporary home was built by celebrity reconstructive surgeon Alex Khadavi, who worked with Ali Rad Design Group to create his dream home on a promontory in Bel Air.

Offering expansive LA views that stretch from the San Gabriel Mountains to the Channel Islands, the property is a masterclass in decadence. Even its master bathroom is described by the listing agent as “rivalling a seven-start resort”.

There’s also an infinity pool, outdoor bar, glass elevator and Disneyland-esque water features. The pool is fitted with seven-horsepower jets that can be co-ordinated with music – meaning swimmers can literally feel the beat.

The property sits on about half a hectare of land. Joe Bryant
The property sits on about half a hectare of land. Joe Bryant

What’s the story?

The property sits on a plot of about half a hectare and features seven bedrooms and 11 bathrooms, including a master wing with a wraparound deck and that aforementioned "seven-star" bathroom.

There are several dining areas, both indoors and outdoors, as well as a private cinema, various lounge areas, a stand-alone guesthouse and glass walkways. The large, minimalist kitchen opens to the elements via two glass walls.

The koi pond is as big as a swimming pool in the mansion, which is full of unusual features. Joe Bryant
The koi pond is as big as a swimming pool in the mansion, which is full of unusual features. Joe Bryant

Another standout feature is the home’s non-fungible token (NFT) art gallery, which includes seven large-screen media displays and a rotatable 2D laser projector that casts light over the pool, mimicking the Disney California Adventure Park’s World of Colour attraction.

Featured in the multisensory gallery are artworks by Ghost Girl, Andy Moses, Shane Guffogg and Jimi Gleason. The NFTs and physical pieces are not included in the listing price but are negotiable.

What the brokers say…

According to the listing on TopTenRealEstateDeals.com: “[Khadavi's] success in the cosmetic-medical field made it possible to fulfil one of his dreams: design and build, in collaboration with Ali Rad Design Group, Palazzo di Vista, a contemporary-futuristic home that includes a first-of-its-kind, multisensory art gallery.

“It is located on top of a promontory in Bel Air with some of LA’s best views.”

UAE currency: the story behind the money in your pockets
UAE currency: the story behind the money in your pockets
The specs

Engine: 2.0-litre 4cyl turbo

Power: 261hp at 5,500rpm

Torque: 405Nm at 1,750-3,500rpm

Transmission: 9-speed auto

Fuel consumption: 6.9L/100km

On sale: Now

Price: From Dh117,059

Key facilities
  • Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
  • Premier League-standard football pitch
  • 400m Olympic running track
  • NBA-spec basketball court with auditorium
  • 600-seat auditorium
  • Spaces for historical and cultural exploration
  • An elevated football field that doubles as a helipad
  • Specialist robotics and science laboratories
  • AR and VR-enabled learning centres
  • Disruption Lab and Research Centre for developing entrepreneurial skills
Jetour T1 specs

Engine: 2-litre turbocharged

Power: 254hp

Torque: 390Nm

Price: From Dh126,000

Available: Now

The specs
Engine: 4.0-litre flat-six
Power: 510hp at 9,000rpm
Torque: 450Nm at 6,100rpm
Transmission: 7-speed PDK auto or 6-speed manual
Fuel economy, combined: 13.8L/100km
On sale: Available to order now
Price: From Dh801,800
Global Fungi Facts

• Scientists estimate there could be as many as 3 million fungal species globally
• Only about 160,000 have been officially described leaving around 90% undiscovered
• Fungi account for roughly 90% of Earth's unknown biodiversity
• Forest fungi help tackle climate change, absorbing up to 36% of global fossil fuel emissions annually and storing around 5 billion tonnes of carbon in the planet's topsoil

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What the law says

Micro-retirement is not a recognised concept or employment status under Federal Decree Law No. 33 of 2021 on the Regulation of Labour Relations (as amended) (UAE Labour Law). As such, it reflects a voluntary work-life balance practice, rather than a recognised legal employment category, according to Dilini Loku, senior associate for law firm Gateley Middle East.

“Some companies may offer formal sabbatical policies or career break programmes; however, beyond such arrangements, there is no automatic right or statutory entitlement to extended breaks,” she explains.

“Any leave taken beyond statutory entitlements, such as annual leave, is typically regarded as unpaid leave in accordance with Article 33 of the UAE Labour Law. While employees may legally take unpaid leave, such requests are subject to the employer’s discretion and require approval.”

If an employee resigns to pursue micro-retirement, the employment contract is terminated, and the employer is under no legal obligation to rehire the employee in the future unless specific contractual agreements are in place (such as return-to-work arrangements), which are generally uncommon, Ms Loku adds.

The specs
  • Engine: 3.9-litre twin-turbo V8
  • Power: 640hp
  • Torque: 760nm
  • On sale: 2026
  • Price: Not announced yet
GAC GS8 Specs

Engine: 2.0-litre 4cyl turbo

Power: 248hp at 5,200rpm

Torque: 400Nm at 1,750-4,000rpm

Transmission: 8-speed auto

Fuel consumption: 9.1L/100km

On sale: Now

Price: From Dh149,900

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BMW M5 specs

Engine: 4.4-litre twin-turbo V-8 petrol enging with additional electric motor

Power: 727hp

Torque: 1,000Nm

Transmission: 8-speed auto

Fuel consumption: 10.6L/100km

On sale: Now

Price: From Dh650,000

The stats

Ship name: MSC Bellissima

Ship class: Meraviglia Class

Delivery date: February 27, 2019

Gross tonnage: 171,598 GT

Passenger capacity: 5,686

Crew members: 1,536

Number of cabins: 2,217

Length: 315.3 metres

Maximum speed: 22.7 knots (42kph)

Updated: August 09, 2021, 8:06 AM`