100s of titles, one news app for just $10 a month.
Dive Deeper:
Inside Kinahan cartel's extensive Dubai property portfolio including flagship pad in skyscraper
Kinahan’s flagship apartment is located in the Elite Residence Tower –the fourth largest residential building in the world – located…
Feud victim's dad hopes Kinahan cartel 'squirming' in Dubai bolthole as he meets lawyer suing mob boss
The lawyer, who is a former marine, has personally flown into Dublin over the weekend to make contact with various…
US authorities ban high-profile boxing figures with links to Daniel Kinahan
They are barring anyone with any relationship to Kinahan
Helen McEntee warns Kinahan cartel will face more sanctions after 600 people banned from entering US
Some 600 people with suspected links to the Kinahan cartel have been banned from entering the US
One subscription that gives you access to news from hundreds of sites
Woman raped over 1,000 times by foster dad calls for Tusla to be shut down
Brave Kelly Kemmy waived her right to anonymity to name and shame evil predator Stephen Murray
Tyson Fury not affected by U.S. Kinahan ban list
Authorities are barring anyone who had any relationship with Kinahan
Get all your news in one place
Latest National news:
Exhumed Corpse John Howard Is Sending Aussies Voicemails Like Some Wicked Call From The Dead
"HellOoOoOo it's JoOoOoOohn HoOoOoOoward."
Read news from The Economist, FT, Bloomberg and more, with one subscription
Learn More
Canberra flu cases double, already higher than pre-pandemic years
The number of flu cases reported so far in Canberra this year is already at a higher level than most…
Rebels captaincy turns out to be no joke for Maitland half O'Donnell
O'Donnell led the Rebels to a 28-16 win over Canberra.
No pardon, but another public inquiry for convicted child killer Kathleen Folbigg
The NSW attorney-general will make a statement about convicted child murderer Kathleen Folbigg, more than a year on from a…
Australia election 2022 live: Albanese seizes on real wage cuts as PM points to inflation; some polling booths may not open due to lack of staff
Follow Wednesday’s campaign live
From analysis to good news, read the world’s best news in one place
'Oh man': Alleged murderer complains case is 'dragging on'
The man accused of a Kambah killing has been committed to the ACT Supreme Court for trial.
‘Second miracle’ or historic win from opposition? No one knows how this election journey will end
The only certainty is when we look in the rearview mirror on Sunday morning, the Australian election result will all…

€1 million luxury Dubai apartment tops Kinahan gang's property portfolio

By Pat Flanagan

A €1 million luxury apartment in Dubai’s exclusive Elite Residence Tower tops the Kinahan gang’s extensive property portfolio in Dubai.

Newly leaked documents show the extent to which the cartel has been using the millions generated from its drugs empire to buy up expensive property in the emirate.

Kinahan’s flagship apartment is located in the Elite Residence Tower –the fourth largest residential building in the world – located in one of the most sought-after residential areas in the city.

Read more: Lawyer of boxing manager Moses Heredia suing Daniel Kinahan says his client should get $6million payout

It has been revealed that the 3,200 sq ft property is one of only 56 four-bedroom apartments in the tower, which contains a total of 703 units.

Dubai’s 2020 property records show that the pad was registered in the name of one of the members of the Kinahan family.

The property was estimated to be worth €1.13million two years ago but it would probably fetch a lot more now as prices in the area have increased substantially since 2020. The same family member is also the registered owner of a smaller apartment in the exclusive Al Mesk Tower which is also in the Dubai Marina development and was valued at €420,000 in 2020.

The registered owner is not suspected of involvement in organised crime.

The leaked documents also show that Daniel Kinahan is the registered owner of an office on the 30th floor of the Jumeirah Bay X3 Tower.

This is a 55-storey building about half-an-hour’s walk from the other apartments and was estimated to be worth €328,000 in 2020.

Daniel Kinahan, who now heads the drugs empire, bought the office around five years ago and used it as his business centre, most of which were fronts for his drugs cartel.

The property was used by a firm registered as Ducashew General Trading LLC which but the US Treasury maintains it is “owned or controlled by, directly or indirectly, Daniel Kinahan”.

But along with cartel founder Christy Kinahan and his sons Daniel and Christy Jnr as well as other leading members of the gang, the Ducashew was sanctioned by the US last month.

The FBI has also placed a $5million bounty on their heads.

The company also operated two offices in Boulevard Plaza Tower which sell for an average of €2.5million.

The information about the Kinahan’s property empire was obtained by the Washington-based Centre for Advanced Defence Studies which is a non-profit organisation specialising in international crime research.

The data was shared with The Irish Times through the Norwegian financial outlet E2.

Read more: Criminal Assets Bureau to name and shame criminals under proposed new powers

Read more: 'Murdering hulk' Mark Whelan dead after falling ill in Mountjoy Prison showers

Sign up to the Dublin Live Newsletter to get all the latest Dublin news straight to your inbox.

What is inkl?
The world’s most important news, from 100+ trusted global sources, in one place.
Morning Edition
Your daily
news overview

Morning Edition ensures you start your day well informed.

No paywalls, no clickbait, no ads
Enjoy beautiful reading

Content is only half the story. The world's best news experience is free from distraction: ad-free, clickbait-free, and beautifully designed.

Expert Curation
The news you need to know

Stories are ranked by proprietary algorithms based on importance and curated by real news journalists to ensure that you receive the most important stories as they break.

Dive Deeper:
Inside Kinahan cartel's extensive Dubai property portfolio including flagship pad in skyscraper
Kinahan’s flagship apartment is located in the Elite Residence Tower –the fourth largest residential building in the world – located…
Feud victim's dad hopes Kinahan cartel 'squirming' in Dubai bolthole as he meets lawyer suing mob boss
The lawyer, who is a former marine, has personally flown into Dublin over the weekend to make contact with various…
US authorities ban high-profile boxing figures with links to Daniel Kinahan
They are barring anyone with any relationship to Kinahan
Helen McEntee warns Kinahan cartel will face more sanctions after 600 people banned from entering US
Some 600 people with suspected links to the Kinahan cartel have been banned from entering the US
One subscription that gives you access to news from hundreds of sites
Woman raped over 1,000 times by foster dad calls for Tusla to be shut down
Brave Kelly Kemmy waived her right to anonymity to name and shame evil predator Stephen Murray
Tyson Fury not affected by U.S. Kinahan ban list
Authorities are barring anyone who had any relationship with Kinahan
Get all your news in one place