Dubai - Second home for international Celebs

With the Sania-Shoaib saga finally fading intomillion dollars in the Emirate after retiring from the
oblivion and the couple deciding to stay in Dubai,racing circuit.
one wonders why both of them like so manyGolf Star Tiger Woods has also chosen to make
other celebrities have chosen to make Dubai theirDubai his base given the region's phenomenal
second home.golfing infrastructure. Along with him other golf
Dubai being a progressive city has done anstars like Colin Montgomerie, Ernie Els, Greg
outstanding job when it comes to embracingNorman, Sergio Garcia, Pete Dye and Vijay Singh
cultural diversity and its government has made allhave also made significant investments in the
out efforts to foster innovation and enterprise byDubai property market.
enacting  suitable legislation. Not only has theWith the swish set from all across the world
Emirate been able to attract an unprecedentedlapping up precious real estate in Dubai, can
amount of foreign capital but the best talent fromBollywood be far behind? Shahrukh Khan has
all across the world is also making a beeline to itsdonned the mantle of a real estate czar by
shores. Its not only a staggering number ofpartnering with Nakheel developers and is
holidaymakers heading for cheap holidays to Dubaiconceptualizing a boulevard in Dubai aptly named
that makes the city richer but also a wave ofas ‘Shahrukh Khan Boulevard.
noted personalities choosing to make Dubai theirInvestments from corporates have followed suit
second home.with the Armani family planning to invest in a hotel
Celebrities from all walks of life have purchasedwithin the Burj Dubai Tower. A brief analysis of
property in the Gulf. For some of them, buying athe global real estate market shows that buying a
piece of real estate in Dubai is not about makingproperty in Dubai may actually turn out to be
capital gains but also about status, class, comfortcheaper as compared to buying freehold property
and style.anywhere else. Time will tell if it will ever be
David & Victoria Beckham purchased theirpossible for people who struggle and wait for long
own villa in Palm Jumeirah way back in 2003 whileto book a cheap holiday to Dubai to actually plan
Brad Pitt & Angelia Jolie bought a whole islandto make the city their home.
in ‘The World' archipelago. Ace Tennis PlayerSo, the next time you get on a cheap holiday to
and one-time World Champion Boris Becker hasDubai, do take time out to check its realty
lent his name to the Boris Becker Tower that willmarket as it may throw up some interesting
be one of the finest business addresses in theoptions and who knows even you may be able to
city. Formula 1 champion Michael Schumacher ismake a dream holiday home in Dubai.
also rumoured to have acquired property worth 7