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Reliance Industries Chairman Mukesh Ambani has now bought another new property in Dubai. According to reports, Mukesh has bought another beach-side mansion in Palm Jumeirah, Dubai for about Rs 1,354 crore ($163 million). People associated with this deal say that this is the biggest residential property deal in the city so far.
With the purchase of this property, Mukesh Ambani has also broken his own record. In fact, earlier this year, Mukesh had bought a beach-side villa for his youngest son Anant Ambani in Palm Jumeirah for about Rs 640 crore ($80 million). With this he became the man to buy the most expensive house in Dubai. Now after purchasing the mansion, this record remains in his name only.
Bought mansion from Alshaya family According to Bloomberg reports, Mukesh Ambani bought this new beach-side mansion in Palm Jumeirah last week from the family of Kuwaiti business tycoon Mohammad Alshaya. This information was received from Dubai Land Department. However, no statement has come out yet from Reliance and Alshaya regarding this deal. Alshaya Organization runs local franchises of brands like Starbucks, H&M, Victoria’s Secret.
These photos are of Anant Ambani’s beach-side villa at Palm Jumeirah. Photos of Mukesh Ambani’s new mansion have not been revealed yet.
80% foreign citizens in UAE Currently, more than 80% of foreign citizens live in UAE, which has a population of about 99 lakhs. Working in the private sector, these people invest in property and shopping in UAE. These people have made an important contribution in boosting the economy of the country. Indians have always been on top in buying property in Dubai. According to Knight Frank’s Global Index, property prices in Dubai have increased by 70% in September end.
Ambani is the 8th richest man in the world According to Forbes Real Time Billionaires List, 65-year-old Mukesh Ambani is the 8th richest person in the world with a net worth of Rs 7.33 lakh crore ($88.5 billion). There are three heirs to his property, Akash, Anant and Isha Ambani. They are gradually handing over the reins of their empire to their children.
Bought a house worth Rs 631 crore in UK last year The Ambani family is increasing its real estate assets abroad. Last year, Reliance had purchased a Georgian era mansion from Stoke Park Limited in the UK. This mansion was bought for Mukesh Ambani’s elder son Akash for Rs 631 crore ($79 million). Meanwhile, Akash and Anant’s sister Isha are looking for a house in New York.
Source: www.bhaskar.com
