But there's still no public information on who purchased the painting at the record-setting auction in November, when the controversial artwork went for $450.3 million United States at Christie's, making it the most expensive painting ever sold.
The newly opened Louvre Abu Dhabi made the announcement on Wednesday. It is also the only one in private hands. The Louvre Abu Dhabi did not specify when the Salvator Mundi would go on show at the museum.
"The word "masterpiece" barely begins to convey the rarity, importance and sublime beauty of Leonardo's painting", said Wintermute.
Prince Bader, a member of the lesser branch of the royal family, the Farhan, is a close associate of Saudi Arabia's Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud, according to the newspaper, holding key government and corporate posts.
Christie's auction house sold the work of art to an anonymous buyer, but it has recently been revealed that a Saudi prince bought Leonardo's painting.
The Saudi prince is not a famous art collector and the sources of his wealth remain unknown.
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"We are pleased that the picture will be exhibited again", said Christie's spokesperson.
Prince Mohammed also put Prince Bader in charge of governing a commission overseeing the development of Al Ola, which contains an important archaeological site. In many ways, it's a fitting pair, as most things luxe find their way to the UAE in one way or another. King Charles I of England used to be the owner of the painting before it disappeared for a long period of time.
It had sold for a mere £45 pounds in 1958, when the painting was thought to have been a copy, and was lost until it resurfaced at a regional auction in 2005.
In 2013, a consortium of dealers including Simon, Parish and Warren Adelson sold "Salvator Mundi" for $80 million to a company owned by a Swiss businessman and art dealer Yves Bouvier, Bloomberg reported. At that time, the painting was badly damaged and most of its parts were painted over.
"Da Vinci's Salvator Mundi is coming to LouvreAbuDhabi", the museum said on Twitter in Arabic, English and French, displaying an image of the 500-year-old work.
Its latest sale was initiated by Russian tycoon Dmitry Rybolovlev, the boss of football club AS Monaco.
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