It was Australia's heaviest defeat against Pakistan, beating the 356-run hammering at this same venue four years ago.
He has continued to impress in the ongoing second Test and took his third five-wicket haul as Pakistan bowled Australia out for just 145 in their first innings.
Labuschagne combined with Mitchell Starc (28) for a defiant 67-run partnership before the paceman was trapped in front by legspinner Yasir Shah, who cleaned up the tail with the wickets of Peter Siddle and Jon Holland.
The former England captain may have scored nearly 8,000 worldwide runs and 18 Test centuries, but he says Abbas is the type of bowler that would make him "poop his pants". Looking to hold out for more than two days for a draw, Australia began the day on 47-1. Yet somehow the captain Sarfraz Ahmed and the debutant Fakhar Zaman wriggled free to help the hosts to a defensible 282, and Australia then collapsed obligingly in both innings.
"All the youngsters who have come through in recent times have done well".
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"Obviously really disappointing to have them five for 57 on day one and we let that opportunity slip", said Paine.
Currently, Abbas' bowling average, 15.64, is the best for any bowler with 50-plus wickets in the last 100 years and fourth-best overall. "We know as a batting group and as a team we're certainly a long way off the finished product, and we've got some work to do". The ball, however, did not cross the boundary line and stopped just before the ropes, Mitchell Starc picked up the ball and threw it to wicketkeeper Paine.
Earlier, by lunch, the visitors were 155-7 in a drizzle.
The highlights of Pakistan's batting in this match were 94 and 66 from opener Fakhar Zaman in his first Test while skipper Sarfraz returned to form with innings of 94 and 81.
Pakistan and Australia now head into a series of three Twenty20 internationals, with the first in Abu Dhabi on Wednesday.