Cristiano Ronaldo buys mega-mansion on Dubai’s ‘Billionaire’s Island’
A mega-mansion on ‘Billionaires Island’ in Dubai allegedly belonged to Cristiano Ronaldo. The superstar of Al-Nassr, who possesses an extraordinary real estate portfolio spanning multiple nations, had a phenomenal 2023 in which he led the world in scoring. Ronaldo, who currently resides in Dubai, will be recognized for this accomplishment at the Globe Soccer Awards. He earns £175 million ($221) annually with the Saudi club.
Bloomberg reports that the Portuguese superstar has purchased a mansion on Jumeirah Bay Island, also referred to as “Billionaires Island” and a secluded enclave in Dubai inhabited by the ultra-wealthy. According to the report, Ronaldo is expected to acquire the mega-mansion by 2024; its exact features are unknown, but it is estimated to cost tens of millions of euros.
In context, a newly constructed mansion available for purchase on Billionaires Island in 2017 spans an area of 30,000 square meters and features the following amenities: six bedrooms, private beach access, a showroom accommodating seven automobiles, a spa, a swimming pool offering a panoramic view of downtown Dubai, and on-site lodging for employees. Billionaires Island derives its name from the rumored fact that its population density of billionaires per square kilometer is the highest among any other location in the UAE. Bloomberg has also reported that the island is inhabited by affluent Saudis, Israelis, Indians, and Russians.
In the early phases of the pandemic, portions of the secluded, seahorse-shaped Jumeirah Bay Island were reportedly being acquired by a developer.Ten megamansions have been completed after years of construction, with the developer based in Dubai, Palace Luxury Living, estimating the villas would fetch a total of $545 million (£430 million), or £43 million ($54) per property.
In addition to numerous other properties, the island is situated within a gated community and features a number of upscale dining establishments, a yacht club, and a beach resort. Furthermore, it confronts the open sea and the renowned Burj Khalifa.
Furthermore, some wealthy individuals who don’t own properties on the island still use it as a base by staying in the aforementioned luxury resort during their visits to the city.
Additionally, according to the developers, each villa occupies a minimum area of 20,000 square feet and has a minimum value of $27 million (£21.3m). It is anticipated that Ronaldo, his partner Georgina Rodriguez, and their five children would visit the location, as the flight duration from Riyadh, his home in Saudi Arabia, is only two hours.
