Mukesh Ambani Gifts Luxurious Beachfront Villa to Son and Daughter-in-Law in Palm Jumeirah, Dubai

India's wealthiest man, Mukesh Ambani, has gifted his son Anant and daughter-in-law Radhika Merchant a lavish beachfront villa in Dubai's exclusive Palm Jumeirah. Spanning 26,033 square feet, this property is a symbol of luxury and grandeur.

Mukesh AmbaniPalm JumeirahDubai Real EstateLuxury VillaAnant AmbaniReal Estate NewsJan 01, 2025

Mukesh Ambani Gifts Luxurious Beachfront Villa to Son and Daughter-in-Law in Palm Jumeirah, Dubai
Real Estate News:Mukesh Ambani, often hailed as India's wealthiest individual and currently ranked ninth on Forbes' Billionaires List, is no stranger to opulence.
Following the extravagant wedding festivities of his younger son, Anant Ambani, which reportedly cost around INR 5,000 crore, Ambani has gifted his son and daughter-in-law, Radhika Merchant, a luxurious beachfront property in Dubai's Palm Jumeirah.

This stunning villa, located in the exclusive Palm Jumeirah area, covers an impressive 26,033 square feet.
It boasts 10 bedrooms, a private spa, an exterior swimming pool, an indoor pool, and a 70-metre-long private beach.
The villa is adorned with Italian marble interiors, a fully equipped bar, a salon, bespoke sculptures, and cutting-edge lighting, making it a true masterpiece of luxury.
The breathtaking views and the property's resemblance to an archipelago further enhance its allure.

Ambani has a history of significant real estate acquisitions in Dubai.
Two years ago, he purchased another villa in the same area for USD 80 million (approximately INR 680 crore), marking the second-largest residential real estate deal in Dubai's history.
Bloomberg reports suggest that the latest villa deal is now the biggest residential agreement in Dubai, facilitated by Conor McKay of Belleview Real Estate.

Palm Jumeirah, known for its luxury real estate offerings, is home to an elite neighbourhood.
The Ambanis' new villa is in the company of Bollywood superstar Shah Rukh Khan and football legends David Beckham and Michel Salgado, among others.

The Ambani family uses this villa as a vacation retreat, providing them with privacy and indulgence without the need to leave the property.
Mukesh Ambani's real estate portfolio already includes 'Antilia,' India's most expensive home and the world's second most valuable, with an estimated worth of INR 15,000 crore.

The newly gifted beachfront villa in Dubai not only enhances the family's real estate portfolio but also solidifies their presence in one of the world's most opulent locales.
Surrounded by a prestigious neighbourhood and offering unparalleled amenities, this villa is a symbol of exclusivity and grandeur.
The Ambani family continues to redefine luxury living, whether in Dubai or Mumbai, maintaining their status as one of the world's most influential and affluent families.

Frequently Asked Questions

How much did Mukesh Ambani spend on the beachfront villa in Palm Jumeirah?

The exact cost of the beachfront villa in Palm Jumeirah was not disclosed, but it is reported to be the biggest residential agreement in Dubai, facilitated by Conor McKay of Belleview Real Estate.

What are the key features of the villa gifted to Anant Ambani and Radhika Merchant?

The villa spans 26,033 square feet and features 10 bedrooms, a private spa, an exterior and indoor swimming pool, a 70-metre-long private beach, Italian marble interiors, a fully equipped bar, a salon, bespoke sculptures, and cutting-edge lighting.

Who else owns properties in Palm Jumeirah?

Palm Jumeirah is home to an elite neighbourhood, with notable residents including Bollywood superstar Shah Rukh Khan and football legends David Beckham and Michel Salgado.

What other significant properties does Mukesh Ambani own?

Mukesh Ambani's real estate portfolio includes 'Antilia,' India's most expensive home and the world's second most valuable, with an estimated worth of INR 15,000 crore. He also owns another villa in Palm Jumeirah, purchased for USD 80 million two years ago.

How does this gift to Anant Ambani and Radhika Merchant enhance the Ambani family's status?

The gift of this luxurious beachfront villa not only adds to the Ambani family's real estate portfolio but also solidifies their presence in one of the world's most opulent locales, reinforcing their status as one of the world's most influential and affluent families.

Related News Articles

Budget 2024: How Indexation Removal Affects Real Estate Investments in India
Real Estate Mumbai

Budget 2024: How Indexation Removal Affects Real Estate Investments in India

The recent budget announcement has sparked concerns among property investors. Experts weigh in on how the removal of indexation will impact property prices, loans, and housing demand.

July 27, 2024
Read Article
Keystone Realtors Sees 45% Drop in Net Profit Amid Higher Expenses in Q1 FY25
real estate news

Keystone Realtors Sees 45% Drop in Net Profit Amid Higher Expenses in Q1 FY25

Realty firm Keystone Realtors reports 45% decline in net profit at Rs 25.82 crore for June quarter FY25, citing higher expenses. Total income rises to Rs 437.20 crore during April-June period.

August 5, 2024
Read Article
Atmosphere Living to Invest ₹500 Crore in India's Luxury Real Estate Market
real estate news

Atmosphere Living to Invest ₹500 Crore in India's Luxury Real Estate Market

Goa, Lonavala, Himachal Pradesh, Jaipur, and Mysore to witness luxury real estate boom

August 10, 2024
Read Article
Keystone Realtors to Pump in Rs. 9 Billion in FY25 Residential Projects
real estate news

Keystone Realtors to Pump in Rs. 9 Billion in FY25 Residential Projects

Keystone Realtors, a prominent real estate developer, has announced plans to invest a whopping Rs. 9 billion in residential projects in FY25.

August 23, 2024
Read Article
Chennai's GST Road Suburbs Witness Unprecedented Development Boom
real estate news

Chennai's GST Road Suburbs Witness Unprecedented Development Boom

The Chennai suburbs along the Grand Southern Trunk (GST) Road are witnessing rapid development, including increased employment opportunities, enhanced road and rail connectivity, and a real-estate boom.

September 18, 2024
Read Article
Vinit Sarawgi Joins TRU Capital as Co-Founder to Drive Real Estate Investments
Real Estate Mumbai

Vinit Sarawgi Joins TRU Capital as Co-Founder to Drive Real Estate Investments

Vinit Sarawgi has joined TRU Capital, a leading real estate investment firm, as Co-Founder and Investment Manager to spearhead strategic initiatives and drive growth in the real estate sector. Mumbai, October 18, 2024.

October 18, 2024
Read Article