Palm Island Dubai is an iconic destination known for its luxurious and opulent lifestyle. Located in the United Arab Emirates, it is home to celebrities, millionaires, and billionaires from across the globe. But who really owns the real estate on this exclusive island?
The first to own a property on Palm Island Dubai was the ruler of the UAE, His Highness Sheikh Mohammed bin Rashid Al Maktoum. Today, members of the royal family, as well as high-profile billionaires and millionaires from around the world, own residences on the island. Other high-income individuals who can afford the luxury and exclusivity of living on Palm Island Dubai also own property there, including entrepreneurs, business magnates, and celebrities.
Among the most notable residents of Palm Island Dubai are Prince William, the Duke of Cambridge, and his wife, the Duchess of Cambridge, as well as Michael Jackson, Paris Hilton, and Oprah Winfrey. Real estate on the island is highly expensive, so only the wealthiest individuals can afford to buy houses and villas there. But there is more than just property ownership at play on the island; the island also offers numerous five-star hotels, resorts, and entertainment venues.
The residents of Palm Island Dubai enjoy the lavish lifestyle, but there are much more benefits to living there than that. The island serves as a safe haven for those living there, allowing for greater privacy and security. It also offers access to exclusive shopping and dining, such as the Boutique at the Resort World Mall, which features designer labels from around the world. Additionally, it provides easy access to world-class golf courses, as well as breathtaking beaches and piers for sailing and water-sports.
Whatever the reason for living on the exclusive Palm Island Dubai, those who do own property will always have the privilege of belonging to one of the wealthiest communities in the world. The island’s luxury and exclusivity can never be understated, and those lucky enough to call it home will always be in the lap of luxury.
A Dubais.blog First Publication.