At 784 years old, Ashford Castle has had its share of ups and downs. The latest of the downs - a decline in its property value by half - is but a blip compared with what went before.
The castle, in western Ireland's County Mayo, is on sale for €25 million (Dh117.3m), about half what it fetched at the market's peak five years ago.
It was founded in 1228 as a stronghold of the de Burgo clan, who won the land in battle. In 1589, it fell to an English lord, who, having conquered it, fortified it. In 1715, it more peacefully became a lodge. In 1852, the estate was bought and broadened by the Guinness family, in particular Sir Benjamin Lee Guinness.
It has been a hotel since the Guinnesses sold it and decamped in 1939. The castle has (at what would, to the centuries-spanning de Burgos, surely seem a madcap pace) changed owners three times since then.
What will the next owners be getting for their money?
They will be masters of the premier resort in Ireland, an 83-room hotel with the highest average room rates in the country, a beautiful crenellated pile surrounded by woods and fronting on a lake. The guests have included King George V and Oscar Wilde, John Wayne and Ronald Reagan.
While the hotel is especially popular with Americans, it has one amenity - falconry - that is of special interest to people from the Emirates. The hotel's "falconry school" uses Harris hawks, notable for their red-brown wings.
The average room rate at the castle was €315 a night in July, said Tom Barrett, the head of the Irish hotel and leisure unit at Savills, the broker managing the sale. That rate was the most in Ireland that month, he said, citing data compiled by STR Global.
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Omar Yabroudi's factfile
Born: October 20, 1989, Sharjah
Education: Bachelor of Science and Football, Liverpool John Moores University
2010: Accrington Stanley FC, internship
2010-2012: Crystal Palace, performance analyst with U-18 academy
2012-2015: Barnet FC, first-team performance analyst/head of recruitment
2015-2017: Nottingham Forest, head of recruitment
2018-present: Crystal Palace, player recruitment manager
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Artist: Coldplay
Label: Parlophone/Atlantic
Number of tracks: 10
Rating: 3/5
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The specs
Engine: 3.0-litre six-cylinder turbo
Power: 398hp from 5,250rpm
Torque: 580Nm at 1,900-4,800rpm
Transmission: Eight-speed auto
Fuel economy, combined: 6.5L/100km
On sale: December
Price: From Dh330,000 (estimate)
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Draw for Presidents Cup fourball matches on Thursday (Internationals first mention). All times UAE:
02.32am (Thursday): Marc Leishman/Joaquin Niemann v Tiger Woods/Justin Thomas
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Name: HyperSpace
Started: 2020
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
Based: Dubai, UAE
Sector: Entertainment
Number of staff: 210
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
The specs: Aston Martin DB11 V8 vs Ferrari GTC4Lusso T
Price, base: Dh840,000; Dh120,000
Engine: 4.0L V8 twin-turbo; 3.9L V8 turbo
Transmission: Eight-speed automatic; seven-speed automatic
Power: 509hp @ 6,000rpm; 601hp @ 7,500rpm
Torque: 695Nm @ 2,000rpm; 760Nm @ 3,000rpm
Fuel economy, combined: 9.9L / 100km; 11.6L / 100km
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The specs
Engine: 1.5-litre 4-cylinder petrol
Power: 154bhp
Torque: 250Nm
Transmission: 7-speed automatic with 8-speed sports option
Price: From Dh79,600
On sale: Now
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