Further €3.1M price drop on 50m superyacht formerly owned by Aga Khan IV

The 49.9-metre Devonport motor yacht Alamshar has received a further €3,100,000 price drop to her sales listing with Virginia Di Antonio of Yachting Partners International (YPI). With this latest price drop, Alamshar has received a collective €14,600,000 reduction to her asking price since she first entered the market in September 2024.

Alamshar was built by the late Prince Karim Al-Husseini, also known as the Aga Khan IV, a spiritual leader and co-founder of the Yacht Club Costa Smeralda. She was delivered in 2014 as the only all-gas-turbine-powered yacht in the world – capable of speeds in excess of 45 knots – and was constructed in aluminium and carbon fibre composite to an exterior design and naval architecture from Donald L. Blount.

Her interiors from British studio RWD are bright and minimalist. Warm woods are used throughout, with cream and dark coloured accents creating a welcoming onboard ambience. 

Accommodation on board is for up to 12 guests across five cabins comprising one master suite, two VIPs, one double and one twin. A large master suite lies aft of the upper deck, complete with an en suite with a bathtub, shower and walk-in wardrobe, as well as a grand bed facing large sliding glass doors that lead onto a private deck with a U-shaped sofa and table. Ladders on either side of the deck provide access to private sunpads. 11 crew members are accommodated across five cabins.

There are several areas for socialising, entertaining and relaxing on board Alamshar. Her main saloon is wide and spacious, fitted with a comfortable curved sofa and casual dining area in the aft section, and another two sofas, a games table and desk in the forward section, divided by wooden panelling. A large office is situated forward of the main deck, with curved windows providing plenty of natural light. A formal dining room also lies nearby.

 On her main deck aft lies an expansive curved sofa for relaxing, while a formal dining table for eight is situated on the sundeck, perfect for a dinner party with friends under the stars. There is also an additional helm station located on her sundeck. Alamshar is also home to a tender, Jet Ski, Seabobs and a range of other water toys. 

Famed for her fast speed, this yacht for sale is powered by three Pratt & Whitney ST40M gas turbines and two Rolls Royce 601- KF11 gas turbines, which drive three Kamewa S112-3 waterjets. She can reach top speeds of over 45 knots (reportedly between 60 and 70 in her prime).

Currently located in Mallorca, Spain, Alamshar is now asking €24,900,000.