The Portuguese star has decided to invest and put down roots in the Middle East after his first season at the Saudi club Al Nassr: Jumeirah Bay Island, already known as Dubai’s ‘billionaire island’, will be his new home. The development consists of 20 mansions and yours will be finished at the end of this year 2024; Although its price has not yet been revealed, it is certain that it will reach several tens of millions of euros since no plot falls below 24.7 million.
It is not money for Cristiano, whose contract with Al Nassr earns him 124.3 million euros annually and which made him the highest paid athlete in the world until golfer John Rahm signed a contract to leave the PGA Tour for LIV Golf , also Saudi, to receive 525 million euros for three years. Three days later, Rahm himself was surpassed by the Japanese Shohei Ohtani: the American baseball team of the Dodgers will pay him 640 million for, yes, staying with them for ten years.
Behind the development of this enclave as a magnet for billionaires is Palace Luxury Living, led by former SoftBank Group executive Ashkay Naheta and Lebanese developer Wissam Damaa. This new gated community is eclipsing other such exclusive locations such as the famous Palm Jumeirah, Dubai Hills and Emirates Hills, where the same company has interests.
Among its attractions, a yacht club, private beach club, marina and Michelin-starred restaurants. Cristiano’s neighbors will be the Saudi billionaire Mohammed Abdul Latif Jameel, the Israeli real estate magnate Teddy Sagi and Isabel dos Santos, daughter of the late former Angolan president José Eduardo dos Santos and who became the richest woman in Africa. Extra-luxury accommodations such as the Bvlgari Resort and hotels from the Mandarin Oriental and Four Seasons chains already operate on this island.
The footballer still owns the mansion of La Finca, in Madrid, and is building another in Cascais (Portugal), with glass walls, four floors and four luxury suites, a cinema room, gym and tennis court, and whose estimated price , 20 million euros, would make it the most expensive in the country.
