Wealthy celebrities who have bought the property from Emaar Properties in Dubai:
- David and Victoria Beckham: The Beckhams own a two-story apartment in the Burj Khalifa, which is the tallest building in the world. They reportedly paid $16 million for the property.
- Shah Rukh Khan: The Bollywood superstar owns a luxurious villa in the Emirates Hills neighborhood of Dubai. The villa is reportedly worth $20 million.
- Giorgio Armani: The Italian fashion designer owns a hotel in the Burj Khalifa. The hotel is named after him and he was involved in the design of the interiors.
- Shilpa Shetty: The Bollywood actress owns a villa in the Palm Jumeirah neighborhood of Dubai. The villa is reportedly worth $10 million.
- Abhishek Bachchan and Aishwarya Rai Bachchan: The Bollywood power couple own a villa in the Jumeirah Beach Residences development. The villa is reportedly worth $15 million.
- Lindsay Lohan: The American actress owns a penthouse apartment in the Burj Khalifa. The apartment is reportedly worth $5 million.
These are just a few of the many wealthy celebrities who have bought the property in Dubai. The city is a popular destination for wealthy individuals from all over the world.
Emaar Properties is a real estate development company based in Dubai, United Arab Emirates. It was founded in 1997 by Mohamed Alabbar and is one of the largest real estate developers in the Middle East. Emaar has developed a number of iconic landmarks in Dubai, including the Burj Khalifa, the world’s tallest building, and the Palm Jumeirah, an artificial archipelago, where a lot of wealthy celebrities had bought properties.
Why do wealthy celebrities buy properties in Dubai?
- Tax benefits: Dubai has a very low tax rate, which can save wealthy celebrities and individuals a significant amount of money.
- Security: Dubai is a very safe city, which is appealing to celebrities who are concerned about their security.
- Luxury lifestyle: Dubai offers a luxurious lifestyle that is hard to find in other parts of the world. The city has a wide range of amenities, including world-class restaurants, hotels, and shopping malls.
- International connections: Dubai is a major international hub, which makes it easy for celebrities to travel to and from other parts of the world.
- Status symbol: Owning property in Dubai is a status symbol for many wealthy individuals. The city is known for its luxury and glamour, and owning a property in Dubai is a way for celebrities to show off their wealth and success.
Image Credit
Rafikas, modified by Nikolang, Public domain, via Wikimedia Commons