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 U.S. at Christie's, making it the most expensive painting ever sold.
Despite Prince Bader's relatively obscure status, he is seen as a close friend of Crown Prince Mohammed bin Salman and has become more prominent in the kingdom since the crown prince's ascension.
The newspaper said that the work will be lent or resold to museums, largely in the Middle East and Asia. The previous record was Pablo Picasso's Les Femmes d'Alger, which sold for $179 million.
Newly founded art Museum "Louvre Abu Dhabi" announced that he was going to put in their own expozitii "Savior of the world".
The island will also feature the Zayed National Museum, which had signed a loan deal with the British Museum - although the arrangement has come increasingly into question due to construction delays.
The museum opened with some 600 pieces including items from early Mesopotamia.
Dating from the 1500s, the painting was billed as the final Leonardo work held in private hands, one of roughly 20 paintings attributed to him. Under a 30-year agreement, France provides expertise, lends works of art and organizes exhibitions in return for one billion euros ($1.16 billion).
People gather around Leonardo da Vinci's "Salvator Mundi" at Christie's auction rooms in London on October 24. The Louvre Abu Dhabi said in a tweet Wednesday: "Da Vinci's Salvator Mundi is coming to #LouvreAbuDhabi".
New York-based art collector and da Vinci expert Robert Simon and art dealer Alexander Parish found the painting in Louisiana in 2005 and purchased it for $10,000.
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.
Its latest sale was initiated by Russian tycoon Dmitry Rybolovlev, the boss of football club AS Monaco.