In a high-profile move, renowned footballer Cristiano Ronaldo has reportedly acquired a sprawling mansion on Jumeirah Bay Island, famously dubbed ‘Billionaires Island’ for its exclusive residents.
The Portuguese star, who capped off a stellar 2023 as the world’s top scorer, will be honored for his achievements at the upcoming Globe Soccer Awards in Dubai, a city where he is now set to establish his new residence.
The purchase, according to Bloomberg, signifies Ronaldo’s growing ties to the city, where he plies his trade with Al-Nassr, earning a staggering £175 million annually.
The mega-mansion, expected to be handed over in 2024, is rumored to come with a hefty price tag in the tens of millions of euros, though specific details about the property remain undisclosed.
Billionaires Island is renowned for its opulent real estate offerings, and Ronaldo’s new abode is no exception.
Boasting an expansive 30,000 square meters, the mansion features six bedrooms, private beach access, a seven-car showroom, a spa, a swimming pool with panoramic views of downtown Dubai, and accommodations for on-site staff.
The moniker ‘Billionaires Island’ is aptly earned, with reports indicating a density of billionaires per square kilometer that surpasses any other location in the UAE.
The island is a residence of choice for affluent individuals from various nationalities, including Saudis, Israelis, Indians, and Russians.
As Ronaldo joins the elite echelon of residents on ‘Billionaires Island,’ his investment not only adds a luxurious property to his portfolio but also cements his presence in one of the world’s most exclusive neighborhoods.