Dubai key attraction for wealthy buyers – GulfToday

Dubai key attraction for wealthy buyers – GulfToday

Dubai is attracting a big stake of the wealthy people to buy luxury real estate property in Dubai. Recently, the Indian billionaire Mukesh Ambani bought a beachfront villa worth $80 million (Dhs 300 million) in Dubai, which is the largest residential realty deal in the city ever. This was stated by Walid Al Zarooni, , Chairman, W Capital, during an exclusive interview with Gulf Today, adding that the City of Wonders is on the way to become the most expensive city in the world. Al Zarooni believes that Dubai is a safe haven for the wealthy and had gained their confidence, especially during and after the “COVID-19” pandemic, thanks to the great state of mobility in terms of infrastructure, services and entertainment, in addition to the urban shift supported by the government’s ambitious plans. W Capital, the leading real estate brokerage company in Dubai, has successfully sold a full floor in the Palm Beach Towers project in the Palm Jumeirah area. Al Zarooni revealed that the project, which is located in the Palm Jumeirah area, is being developed by Nakheel , the leading real estate developer. He stressed that the success of “W Capital” in promoting the project and selling