Wealth and luxury billionaire lifestyleAn artist’s impression of the US$1 billion ultra-luxury tower that Sankari Properties is building in Dubai. Photo: Instagram/sankari.official
Prices across Dubai’s booming property market are moderating after surging since 2021. But that is not stopping builders from adding palatial new homes along the city’s priciest beachfront locations.DubaiDubai is adding a new round of ostentatious mansions and penthouses – some fitted with cinemas, spas and private lifts – as developers in the United Arab Emirates city court multimillionaires from around the world. These ultra-luxury homes are being priced anywhere from US$60 million to more than US$120 million as house-hunters from Europe, Asia and the Americas swoop in. The trappings are increasingly extravagant, even by the standards of an emirate renowned for its love of glitz. One builder transported a giant glass wall thousands of kilometres to give the owner his chosen sea view.United Arab EmiratesAmericasglitzNew YorkHong KongCrazy new Dubai mega mansions cater to their super-rich owners’ wild requests
Dubai developers are going to extraordinary lengths so that their luxury homes can compete with those in cities like New York and Hong Kong

A mansion in Dubai. Priced anywhere from US$60 million to more than US$120 million, a new round of mansions and penthouses is being built in Dubai to attract the mega-wealthy around the world. Photo: Palace GroupWealth and luxury billionaire lifestyle
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