If you happen to have the cash for property on Dubai's Palm Jumeirah, why buy one house when you can own five? An island just came onto the market and it's gorgeous. Of course, it will set you back AED175 million; but seeing that the UAE as a country just appeared seven times on Forbes' 2018 Richest Arabs in the World list, we're pretty sure some will find this a steal.
"Dubai epitomizes luxury and nowhere is that seen more clearly than in real estate," Andrew Cummings, Managing Director of luxuryproperty.com, the real estate brokerage with exclusive access to this property, told POPSUGAR Middle East. "Over the last year the number of transactions in the luxury segment (deemed as the most expensive 5 percent) has risen and the influx of new and exciting developments like Bulgari Residences, Nikki Beach, One Palm and the new Palme Couture show that the demand for luxury remains high.
"Recent reporting also indicates that the UAE will witness a 60 percent increase in the number of Ultra High Net Worth Individuals by 2026, so we expect to see this trend continue."
This brand new five-villa compound is on the Frond I tip, facing the Atlantis Hotel and the Dubai Marina skyline, meaning the view is pretty epic. Each villa is, naturally, fully home-automated, and comprises of three floors, five bedrooms, private pool, and fully landscaped gardens. The "main" villa is a 14,131 sq ft 6-bedroom showstopper. It includes a second master bedroom, a gym, majlis, Jacuzzi and several terraces with sea views. The compound itself comes with a large wraparound private beach – as it should, considering the price tag.
While this property is just a tad outside of our budget, we must admit it would be nice to not have to make friends with the neighbors!