The Villa Palm Jumeirah purchased by Ambani has luxury villas along with hotels, clubs, spas and restaurants. The construction of this complex of islands started in 2001. It has been inhabited since 2007.
Dubai is emerging as a market preferred by the affluent. The Dubai government is offering golden visas for the rich. The rules are being relaxed for wealthy foreigners to buy houses in Dubai. As part of this, Dubai is offering a ten-year visa to those who purchase properties worth more than 2 million dirhams. British football player David Beckham, his wife Victoria and Bollywood actor Shah Rukh Khan have also bought houses in Dubai.
Anant is one of the three heirs to Mukesh Ambani’s $93.3 billion fortune. As Mukesh Ambani, who is the 11th richest man in the world, is getting old, he is slowly handing over the responsibilities to his children.
Abroad, the Ambani family is also stepping into real estate. Ambani children are also interested in buying houses in the West. Last year, Stoke Park Limited, a Georgian mansion in the UK, was bought for Akash Ambani for $79 million. It is known that recently Ananth was appointed as the Chairman of Reliance Jio Infocomm Limited. Isha, Anant’s twin sister, is reported to be in the process of buying houses in New York City.
It seems that the Ambanis will spend millions of dollars on the security facilities of the villa they bought in Dubai. Parimal Nathwani, who is close to Ambani, will oversee the affairs of this villa.
It is known that Mukesh Ambani is living in Antilla, which is built on 27 floors in Mumbai. There are also three helipads on top of this building. The building has a parking space for 168 cars, a 50-seat theater and 9 elevators.