The Portuguese football star has decided to invest and settle in the Middle East after his first season with the Saudi club Al Nassr: Jumeirah Bay Island, already known as Dubai's "billionaires' island," will be his new place of residence. The project consists of 20 residences and will be completed by the end of 2024. Although the price has not yet been disclosed, it is certain to reach tens of millions of euros, as no plot is priced lower than €24.7 million.
Jumeirah Bay Island already surpasses the famous palm-shaped artificial island in Dubai in terms of exclusivity.
The Palace Luxury Living project and concept, led by Ashkay Naheta, a former executive of the SoftBank group, and Lebanese developer Wissam Damaa, is behind the development of Jumeirah Bay Island, an enclave aimed at attracting billionaires. This new gated community overshadows such exclusive locations as the famous Palm Jumeirah, Dubai Hills, and Emirates Hills, where the same company has interests. No less.
It's not just about money for Cristiano, whose contract with Al Nassr earns him €124.3 million annually and makes him the highest-paid athlete in the world, until golfer John Rahm signed a contract to leave the PGA Tour for LIV Golf, also in Saudi Arabia, for €525 million over three years. For the record, three days later, Rahm himself was surpassed by Japanese Shohei Ohtani: the Dodgers baseball team will pay €640 million for him to stay with them for ten years.
A yacht club, a private beach club, a marina, and Michelin-starred restaurants are some of the attractions of the new Jumeirah Bay Island community. Cristiano will be joined by Saudi billionaire Mohammed Abdul Latif Jameel, Israeli real estate magnate Teddy Sagi, and Isabel dos Santos, daughter of former Angolan President José Eduardo dos Santos, who was once Africa's richest woman. Luxury establishments such as the Bvlgari Resort and hotels from the Mandarin Oriental and Four Seasons chains are already present on the island.
For the record, it's worth mentioning that the footballer also owns La Finca mansion in Madrid and is building another one in Cascais (Portugal), with glass walls, four floors, four luxury suites, a cinema, a gym, and a tennis court, whose estimated price of €20 million would make it the most expensive in the country.
Jumeirah Bay Island, an exclusive residential masterpiece located off the coast of Jumeirah, is a testament to architectural innovation and luxury living. With an impressive area of 6.3 million square feet, this artificial wonder has the meticulous shape of a giant seahorse, a symbol of opulence and sophistication, and has since become synonymous with exclusivity and prestige.
Jumeirah Bay Island, also known as Dubai's "billionaires' island," offers breathtaking views of the Persian Gulf and Dubai's iconic skyline. Developed by renowned developer Meraas, the island is a gated community, secure 24 hours a day and accessible only by a 300-meter bridge reserved for residents and guests. Jumeirah Bay offers prime waterfront real estate, making it the preferred choice for affluent individuals looking to build their dream home. The area boasts the highest density of billionaires per square meter in the UAE, surpassing even Palm Jumeirah, Emirates Hills, and Dubai Hills.
At Jumeirah Bay Island, a diverse range of luxurious residences awaits, catering to various preferences. Explore Bvlgari-branded apartments, ranging from 1 to 3 bedrooms, offering stunning views of the Persian Gulf, Bulgari Yacht Club, and Dubai skyline. Villa Amalfi is an exclusive community of 3 to 5-bedroom townhouses, nestled in the heart of the Jumeirah Bay islands. In February 2023, a 5-bedroom townhouse at Villa Amalfi was sold for AED 35.5 million, making it the most expensive townhouse ever sold in Dubai.
Jumeirah Bay Island also offers upscale 4-bedroom villas and above, providing elegance and living space. For those seeking the ultimate in exclusivity, the highly exclusive Bvlgari Ocean Mansions offer an extraordinary retreat. These are the only Bvlgari-branded residences in the world.
Furthermore, anticipate the arrival of the Bvlgari Lighthouse, an exclusive 22-story tower featuring a unique penthouse on each floor, promising a new level of luxurious living. In February 2023, the three-story, nine-bedroom penthouse at Bugari Lighthouse was sold for a record price of AED 410 million, making it the most expensive penthouse ever sold in Dubai at the time. Jumeirah Bay Island also features residential plots ranging in size from 16,000 to 37,000 square feet. Jumeirah Bay has only 128 plots, compared to 4,000 for Palm Jumeirah, adding to their exclusivity. Of these plots, 46 face inland bay, while 82 are located further inland. Buyers of these plots aspire to build large villas and mansions, taking advantage of marina access and waterfront locations.
```
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
