Dubai's $100 Million Mansions Attracting Global Ultra-Rich
Real-estate firms in Dubai are going to great lengths to attract more ultra-high-net-worth individuals from around the world, offering luxurious homes with extravagant amenities.
DubaiUltraluxury HomesReal EstateMansionsGlobal RichReal Estate MumbaiFeb 02, 2025
These ultra-luxury homes, priced anywhere from $60 million to over $120 million, come with amenities that are nothing short of extravagant, even by Dubai’s standards.
From private cinemas and spas to custom-built private elevators, these homes are setting a new benchmark in luxury living.
Real-estate firms in Dubai are scrambling to attract more buyers, and the efforts are paying off.
According to Knight Frank, last year, 435 homes valued at more than $10 million each were sold in Dubai, surpassing New York and Hong Kong.
The property researcher estimates that ultra-luxury prices will jump at least another 5% this year, following a 67% surge since 2021.
The Luxurious DetailsOne builder, for instance, transported a giant glass wall thousands of miles to provide a client with their desired sea view.
Another installed a private lobby and elevator for a penthouse so large that it spans two towers.
Yet another developer created a movable floor for a swimming pool that rises to merge with the garden tiles during parties.
These homes are being built along the city’s most exclusive beach-front locations, ensuring that residents enjoy the best of what Dubai has to offer.
Frequently Asked Questions
What is the price range of these ultra-luxury homes in Dubai?
These ultra-luxury homes in Dubai are priced anywhere from $60 million to over $120 million.
What amenities do these ultra-luxury homes offer?
These homes come with extravagant amenities such as private cinemas, spas, custom-built private elevators, and even movable swimming pool floors that can rise to merge with garden tiles.
Why is Dubai attracting the ultra-rich?
Dubai is attracting the ultra-rich due to the lower per square foot prices compared to cities like New York and London, and the availability of exclusive beach-front locations and custom-built amenities.
How are builders in Dubai competing with international cities?
Dubai’s builders are going to extraordinary lengths, such as building giant glass domes that can be retracted and winding pools that allow residents to swim from the bar to the spa.
What challenges do developers face in building these ultra-luxury homes?
Developers face challenges such as high upfront costs for design, complex project coordination, and the need for special permissions to transport and install large custom elements.
Related News Articles
Birla Estates Achieves Rs 80 Billion Booking Value in FY25: A Significant Milestone
Birla Estates Private Limited, a wholly owned subsidiary of Aditya Birla Real Estate, has successfully achieved a booking value of Rs 80 billion in the financial year 2023-2024. This remarkable feat is a testament to the company's strategic focus and robust market presence, particularly in the Pune market, which recorded its biggest quarter sales.
WBRERA Imposes Rs 55,000 Fine on Developer for Unregistered Home Buyer Invitations
Kolkata: The West Bengal Real Estate Regulatory Authority (WBRERA) has imposed a Rs 55,000 penalty on a developer for inviting home buyers without being registered with the authority, ensuring stricter compliance with real estate regulations.
Canadian Home Sales Decline by 9.8% in February 2025: CREA Data
According to the latest data from the Canadian Real Estate Association (CREA), Canadian home sales experienced a significant drop of 9.8% in February 2025, reflecting ongoing challenges in the housing market.
India's Office Space Leasing Market Sees Unprecedented Growth in 2024
The Indian office space leasing market witnessed a remarkable surge in the first three quarters of 2024, with the July-September quarter recording a staggering 19.89 million square feet of leased space.
AltDRX Appoints Manisheel Gautam as CMO and Shikhar Daydar as CPO
AltDRX, a leading digital real estate investment platform, has announced the appointment of Manisheel Gautam as Chief Marketing Officer and Shikhar Daydar as Chief Product Officer. These additions to the leadership team highlight AltDRX's commitment to tr
Mumbai Rents Surge 14.3% Y-o-Y Amidst Tight Supply
Mumbai's rental market is experiencing a significant surge, with rents increasing by 14.3% year-over-year due to tight supply conditions. This article explores the factors driving this trend and its impact on the real estate sector.