There's no shortage of money in the United Arab Emirates, as many recent peeks into Dubai life in particular have proven over and over again. This is the country that's home to the second most expensive hotel in the world, which also houses the bar that serves the two most expensive cocktails in the world, and just so happens to be crawling with luxury super cars and weird ideas of what makes a good pet.
Although much of the United Arab Emirates' GDP comes from oil, the real estate market is nothing to sneeze at, either, and made over $18 billion in the first two months of 2016. In 2015, a whopping $72.6 billion in real estate transactions took place, with the average cost of a studio apartment in Dubai itself being about $260,000.
There are a wide variety of apartments, villas, compounds, townhouses, penthouses, and other properties whose prices might even make Donald Trump choke. Here are the twelve most expensive homes, selected from current real estate listings, that you can buy in the United Arab Emirates. If you have a few extra million dollars lying around, anyway.
12 Fairmont Palm Hotel and Resort 3 Bedroom Penthouse, Dubai - $10,291,315
Fairmont hotels are ridiculously luxurious as-is, so a penthouse in one of the most expensive cities in the world can be expected to have just as much pizzazz. The penthouse itself is 8,000 square feet of indoor and outdoor space with access to the Fairmont's 4,500 square foot long beach. The massive living room in this unit looks out onto the terrace, which has expansive views of the marina and nearby Palm Jumeirah.
11 6 Bedroom Frond C Palm Jumeirah Villa With Its Own Beach, Dubai - $12,251,565
Clocking in at 13,000 square feet of prime open concept living space, this Palm Jumeirah villa is touted as being perfect for a family - and they never have to see the maids or drivers enter or leave, since both have their own separate entry to go along with their living quarters. The villa differs from the standard floor plan because it's open concept, and there's enough room that extra bedrooms could be built from some of the spare space at a later date.
10 4 Bedroom Emirates Hills Lakeview Villa, Dubai - $13,612,851
With about half the bedrooms of the larger Emirates Hills villas, this unit still has a respectable amount of space at 25,000 square feet. The buyer will be paying only $545 per square foot - almost a bargain for this neighborhood.
This villa is finished in white, for the most part, with tons of Renaissance-inspired statuary and fountains on the outside. There's marble throughout, even the flooring, and the owner will never have to use stairs because the villa has its own elevator. Dubai villas are fond of terraces and this place is no exception.
9 Dubai Marina 6 Bedroom Penthouse, Dubai - $14,974,136
Elite Residence in the Dubai Marina has a 12,469 square foot penthouse up for sale that's an absolute steal at nearly $15 million. With space to park six cars, six bedrooms with their own ensuite baths, excellent views of the ocean, and close proximity to golf courses and other amenities, this is the sort of place that caters especially to young people that like to be in the thick of things. It takes up an entire floor in the Elite Residence building, giving the sort of privacy that most apartment-dwellers can only dream of.
8 5 Bedroom Palm Jumeirah Frond P Villa, Dubai - $17,152,192
Fond of Italian design? Then this villa is for you. This marble-clad beauty was designed by Milan-based MMA Projects, with design elements by Oikos Architetture D'ingresso, IPE Cavalli, Blanka Matragi, and more. This place has the most extreme decor of the lot, with one of its chandeliers weighing in at 80 kilograms and another that's about 3.5 meters in height.
7 6 Bedroom Emirates Hills Villa With Renaissance Styling, Dubai - $17,696,706
There may be a pattern here. This villa shows off its luxury with moldings in ivory and gold plating, a two-tier gold stone fountain in the center of the grand gathering area, and Renaissance-inspired sculptures throughout. It's like stepping back in time. The grand marble staircase evokes images of palatial estates, while the swimming pool's lion head and angel fountains add a touch of whimsy.
6 9 Bedroom Grand Emirates Hills Villa, Dubai - $19,874,762
This 28,000 square foot villa is somewhat unique, as it's currently set up to accommodate two families in their own separate homes within the same building. It can be converted to a single family residence if the buyer doesn't intend to share the property with their relatives.
5 6 Bedroom Palm Jumeirah Villa, Dubai - $20,419,276
If the first Palm Jumeirah address was a bit too much for your tastes, try this 6 bedroom villa on for size, instead: a somewhat reasonable 8600 square feet of living space with fantastic water views, marble bathrooms, massive windows, a gorgeous balcony and terrace, and it's ready for the lucky owner to move in immediately.
Speaking of the terrace, it's furnished with a custom gazebo and an 18 meter pool in case you'd rather be in the water while looking at that ocean view. No matter where you are in this villa, you're treated to the best possible scenery and state-of-the-art smart home technology.
4 5 Bedroom Penthouse in the Burj Khalifa, Dubai - $27,769,837.056
Downtown Dubai is a bustling place, and the future owner of this penthouse will be looking down on the action from the tallest man-made structure in the world.
The Burj Khalifa is huge and extra-swanky. For $27.7 million, somebody could be living in 21,000 square feet of custom penthouse. Unlike the other places on this list, this penthouse is a blank slate: the buyer gets to decorate and finish it as they please. There are five bedrooms, each with their own bathroom, with one bathroom left over. Don't be afraid of heights, though, as this unit is located above the 100th floor and takes up two stories.
3 8 Bedroom Emirates Hills Villa, Dubai - $34,848,897
Emirates Hills is one of Dubai's gated communities. It was appropriately named after Beverly Hills, and was the first time that freehold properties were offered for sale in the city.
This sprawling home has over 32,000 square feet of space, a pool, its own library and cinema rooms, and space for servants to live on-site. If you happen to have a helicopter, there are two areas that you can use to land it, and you never have to park your own car thanks to the property's valet parking service. Luxuriously finished in marble and wood with its own jacuzzi, steam room, gym, games room, and access to a golf course, the very lucky (and very wealthy) owner can expect to live the high life in this massive home.
2 10 Bedroom Emirates Hills Villa, Dubai - $48,734,672.46
The Emirates Hills neighborhood is possibly the most expensive chunk of real estate in the city of Dubai, and this villa demonstrates that perfectly.
With 32,000 square feet of built-up space, this place is actually the size of two of the Hills' normally-sized villas and contains a massive entryway, two huge kitchens, a guest suite that could act as its own apartment, an office that somebody could live in, and walk-in closets galore. Oh, ensuite bathrooms, too. The villa's view of the marina and nearby golf course probably help make the price tag worthwhile.
1 ONE at Palm Jumeirah, Dubai - $49,279,193.94
With 25,000 square feet of space, seven bedrooms, eight bathrooms, and a 16,000 square foot terrace, the $49 million Palm Jumeirah penthouse in Dubai is the most expensive place in the city.
The problem? It hasn't even been built yet. The property is expected to be finished in 2017, and will look out over Bluewaters Island and its planned ferris wheel.
In the meantime, the list of expected amenities in the building itself is extensive: state-of-the-art security and safety systems, a spa, gym, swimming pools, kids' areas, lounges, library, club houses, salon, and even fine dining will be available to residents.
Sources: Numbeo.com, Emirates247, arabianbusiness.com, TheNational.ae
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