Mukesh Ambani buys Dubai's 'most expensive house,' See pictures

New Delhi: Mukesh Ambani, one of India's richest industrialists and owner of Reliance Industries, has made another big deal. According to the report, Mukesh Ambani is a mystery buyer of beachside villas in Dubai. It is priced at $80 million (Rs 6,39,67,44,880). With this, Mukesh Ambani has become the person to buy the largest residential property in this city so far.

According to a Bloomberg report, the property on Palm Jumeirah Beach was bought earlier this year for Mukesh Ambani's youngest son Anant Ambani. The beachside mansion is located in the northern part of the palm-shaped artificial archipelago. It has 10 bedrooms, a private spa and indoor and outdoor pools. Dubai is emerging as a preferred market for the ultra-rich. There, the government has attracted by offering golden visas for long periods and relaxing restrictions for foreigners to buy homes. Stars like British footballer David Beckham and Bollywood actor Shah Rukh Khan will be Ambani's new neighbours.

According to the Bloomberg Billionaires Index, Anant Ambani 93. He is one of the three heirs to Ambani's $3 billion wealth. Mukesh Ambani, 65, the 11th richest person in the world, is gradually handing over the command of his business to his children. According to the report, the Ambani family is increasing its real estate abroad. The three siblings are turning to western countries for their second home.

Last year, Reliance spent $79 million to buy Stoke Park Ltd in the UK. It has a Georgian-era mansion, which was bought for elder son Akash Ambani. Akash has recently been made the head of Reliance's telecom company Jio Infocomm Limited. At the same time, Akash's sister Isha Ambani is searching for a house in New York.

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