Dubai: Several reports claim that Cristiano Ronaldo, the Portuguese football sensation and global icon, has bought a property near Jumeirah Dubai and will move there anytime during the current year. Dubai has been among the top choices for millionaires and billionaires who want to buy properties because of the booming property market. At the same time, Dubai has been considered one of the most investor-friendly markets.
Dubai's Jumeirah Bay, also known as 'Billionaires Island, ' is CR7's newest investment, adding to his growing list of extravagant homes in Portugal, Spain, Italy, and the United States.' Considering his frequent visits to the United Arab Emirates, his choice of Dubai as a destination for his new abode is unsurprising.
According to Bloomberg, Cristiano Ronaldo, known in sports circles for his spending habits, bought a 30,000-square-foot mansion on the 'Billionaires Island' for an estimated price of at least $21 million. Ronaldo's new home has six bedrooms, a parking lot that can house seven cars and a rooftop swimming pool. In addition to this, the property provides a view of downtown Dubai accommodation for employees.
The Bloomberg report also mentions that the gated community at Jumeirah will give CR7 access to fine-dining restaurants, a beach resort facing the ocean, and a yacht club.
Property prices on the man-made island have skyrocketed since the pandemic. Last April, a 24,500-square-foot sand plot was sold for a record £27 million, surpassing the previous biggest sale of £ 19.5 million.
Other eminent personalities who have bought property at the Billionaires Island include Bollywood actress Shilpa Shetty, The Beckhams, Lindsay Lohan, and Giorgio Armani.