Ambani's new Dubai property is a ten-bedroom plush residence with a private spa, indoor and outdoor pools.
Digital Desk: Billionaire Mukesh Ambani has added yet another property to his Dubai real estate assets, buying a lavish villa for a whopping $163 million (about Rs 1,350 crore) at Dubai's Palm Jumeirah island, according to a report.
According to Bloomberg, the Reliance Industries chairman purchased the mansion last week from the family of Kuwaiti tycoon Mohammed Alshaya, whose business conglomerate owns local franchises for retail brands such as Starbucks, H&M, and Victoria's Secret.
Ambani's new Dubai property is a ten-bedroom plush residence with a private spa, indoor and outdoor pools. It was the most expensive deal until another house on the ultra-rich Palm Jumeirah was purchased for $82 million earlier this month, according to the report.
The villa has eight bedrooms, 18 bathrooms, a gym, a movie theatre, a bowling alley, a jacuzzi, and a basement parking facility for 15 cars.
Ambani has been on a real estate buying spree abroad for some time now. The previous year, Reliance had bought the iconic UK country club Stoke Park by spending $79 million, as per a report.
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