Cristiano Ronaldo Renowned as home to the highest number of billionaires in the region, Dubai continues to draw A-list celebrities. The latest rumored entrant to this exclusive club is football sensation Cristiano Ronaldo.
Jumeirah Bay Island: A Playground for the Wealthy
Speculation surrounds Ronaldo’s reported acquisition of a property on Jumeirah Bay Island, often dubbed ‘Billionaires Island.’ Despite the absence of official confirmation, the potential move could reshape the ultra-luxury property market in Dubai, particularly within this exclusive enclave.
Exclusivity Defined: Jumeirah Bay Island vs Palm Jumeirah: Cristiano Ronaldo
CEO of Springfield Properties, Farooq Syed, highlights the unparalleled exclusivity of Jumeirah Bay Island, noting its 60-fold exclusiveness compared to Palm Jumeirah. With a limited number of sea-facing villas, each priced between Dh200-300 million, the island lives up to its ‘Billionaire Island’ moniker.
Accessible Only to the Ultra-Wealthy: Jumeirah Bay’s Price Tag
Experts in the property industry emphasize that Jumeirah Bay Island is accessible only to the ultra-wealthy. The cost of a single plot on this island surpasses that of a modern luxury penthouse in other upscale Dubai neighborhoods.
Bulgari Lighthouse: Epitome of Luxury
Hosting the premium Bulgari Resort, Jumeirah Bay Island is witnessing the rise of Bulgari Lighthouse—a 27-storey ultra-luxury project featuring opulent penthouses. The record-setting sale of a Dh410 million penthouse in February 2023 underscores the island’s reputation as a hub for extravagant real estate.
Beyond Luxurious Living: Lavish Amenities in Jumeirah Bay Villas
Describing the lavish amenities, Syed mentions saunas, spas, gyms, and even rumors of a basement bowling alley in one property on Jumeirah Bay Island.
Noteworthy Transactions: Records Set in Dubai’s Exclusive Enclave: Cristiano Ronaldo
In the real estate realm, Jumeirah Bay Island has witnessed historic transactions, such as the Dh124 million sale of an undeveloped plot to a royal family by British multimillionaire Umar Kamani in April 2023. These transactions further solidify the island’s status as an unparalleled destination for the world’s wealthiest.
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