The buyer of the luxurious Palm Jumeirah mansion in Dubai, put up for sale for $ 32.67 million, will receive an unusual bonus. Expect two cars, a Rolls Royce and a Ferrari, a custom-made Harley-Davidson motorcycle, and an unusual art collection that includes a life-size figure from the Transformers movie to be the new owner of the gentrified villa.
As noted Experts, the coronavirus pandemic has revived the luxury housing market in Dubai as wealthy locals reevaluate their lifestyle and look for more space. In May, prices for
apartments and villas in Dubai began to rise again, with sales up 60 percent in June.
Recently, sellers of
property in Dubai are experiencing difficulties due to low oil prices, a weaker currency in neighboring countries and political upheavals in the Middle East. The excess of elite
housing in Dubai also had an impact on prices. In the second quarter of 2020,
Dubai villas fell by 11 percent compared to the same period last year.
The current owner of the $32.67 million mansion is Michael Alibhai, who runs a company that makes clothes for European fashion brands such as Zara. 20 years ago, Alibhai moved to the UAE, in 2011, he bought a plot and spent about six years building his luxurious villa. He has now decided to return to his native Sweden due to the coronavirus in order to be closer to his family.
The five-bedroom, three-kitchen and three-home cinema house covers an area of about 1,300 sq.m. The mansion features a spa, fitness center, glass-tiled infinity pool, rooftop hot tub, champagne storage, vodka bar, and a giant candy wall.
