01-04-2021 - Thursday - 12:34 pm

Luxury Real Estate: 10 of the Most Expensive Houses in the World

Billionaires and millionaires have one thing in common – luxury real estate. In other words, owning the most expensive houses in the world has always been regarded as an evidential base for proving one’s worth. As a result, the luxury real estate market around the globe remains an evergreen business.

From real estate tycoons to multimillion-dollar business owners in love with luxury living, a fair share of the wealth they have amassed over the years has found its way toward lavish living. Generally, for some of them, home is where the luxury is. Moreover, they flaunt their wealth by transforming their houses to abodes of opulence and riches.

The number of wealthy people across the world is increasing more than ever before. As a result, the potential for increased luxury real estate deals seems to be promising in the years to come. That being said, we at D&B Properties have curated a list of 10 of the most expensive and luxurious houses in the world.

Buckingham Palace, London, UK

Buckingham Palace is the residence and administrative headquarters of the British monarchy. The palace is worth over USD5b (AED18.3b). Built as a large townhouse for the Duke of Buckingham in 1703, the palace has 775 rooms. While it was under the possession of King George IV, the king’s architect John Nash transformed the big house into a palace. Meanwhile, check out some amazing pictures of this property.

Antilia Tower, Mumbai, India

Named after a mythical island in the Atlantic Ocean, Antilia is the private residence of Indian billionaire Mukesh Ambani. Valued at USD2.2b (AED8b), the 27-storey building is well known for its controversial design. US architecture firms Perkins and Will & Hirsch Bedner Associates designed this skyscraper-mansion. And it was constructed by Leighton Contractors and B.E.Billimoria & Company Ltd. It also has three helipads. Meanwhile, check out some amazing pictures of this property.

Villa Leopolda, Villefranche-sur-Mer, France

Brazilian-Monegasque philanthropist Lily Safra owns this mansion. Earlier, Villa Leopolda was an estate owned by King Leopold II of Belgium. It is spread across 18 acres. American architect Ogden Codman, Jr. originally designed and constructed it in 1931. The villa, which functioned as a military hospital during World War I, is estimated to be worth USD1.2b (AED4.4b).
Meanwhile, check out some amazing pictures of this property.

Villa Les Cèdres, Saint-Jean-Cap-Ferrat, France

Ukrainian billionaire Rinat Akhmetov purchased this 187-year-old mansion for USD221m (AED811m) last year. It as constructed in 1830. Later, the then-mayor of Villefranche-sur-Mer in France bought this palatial home. Sébastien-Marcel Biasini and Aaron Messiah designed and constructed this 14-bedroom mansion. It is surrounded by 35 acres of garden.
Meanwhile, check out some amazing pictures of this property.

Fair Field, Sagaponack, US

The Fair Field mansion was designed and constructed in 2003 by self-made billionaire Ira Rennert. It is worth USD248m (AED910m). With at least 29 bedrooms and 39 bathrooms, this mansion even has a power plant of its own. This oceanfront mansion was built on 63 acres of land, for which Mr. Rennert paid $11 million in 1998, according to The New York Times.
Meanwhile, check out some amazing pictures of this property.

Palazzo di Amore, Los Angeles, US

Palazzo di Amore is the birthchild of architect Bob Ray Offenhauser. Real estate mogul and billionaire Jeff Greene owns this luxurious mansion. It is about USD129m (AED473m) in worth. The mansion was first listed on sale for USD195m (AED716m). Spreading across 25 acres, this Mediterranean-style villa is the design by Alberto Pinto. Meanwhile, check out some amazing pictures of this property.

The Odeon Tower Penthouse, Saint Roman, Monaco

Tour Odéon is the tallest building ever built in Monaco. Groupe Marzocco, one of Monaco’s leading real estate development companies, developed this project. The company holds ownership of the building. Architect Alexandre Girald and designer Alberto Pinto Agency created this stunning penthouse. Moreover, it enjoys an unobstructed 360-degree view of the Mediterranean. Additionally, this luxury penthouse is worth USD335m (AED1.2b). Meanwhile, check out some amazing pictures of this property.

18-19 Kensington Gardens, London, UK

Constructed in the 1840s, Kensington Palace Gardens is one of the most expensive streets on the planet. It was first called The Queen’s Road. The rich and wealthy and the royalty have found their homes in this neighbourhood. The average house price in the neighbourhood is USD41m (AED150m). And the most famous of the mansions here is the one at 18-19. Indian steel billionaire Lakshmi Mittal owns this luxury home. The mansion is worth USD222m (AED815m). Meanwhile, check out some amazing pictures of this property.

Xanadu 2.0, Medina, US

Worth USD127m (AED466m), Xanadu 2.0 is a luxuriously massive mansion for Bill Gates in Medina, Washington. James Cutler Architects and Bohlin Cywinski Jackson designed this mansion. Furthermore, this mansion houses some rare and valuable manuscripts, including one by Leonardo Da Vinci. It also exhibits some of the most advanced technologies. One of them is the electronic PIN for each individual in the house for customised experiences.
Meanwhile, check out some amazing pictures of this property.

Ellison Estate, Woodside, US

Ellison Estate, owned by Oracle founder Larry Ellison, is worth USD70m (AED257m). On an additional note, Ellison holds a strong real estate portfolio. He had the house designed and constructed by architect Paul Driscoll. Besides, this Japanese-style estate even has a man-made lake. The mansion reflects the architectural aesthetics of a 16th-century Japanese imperial palace. Meanwhile, check out some amazing pictures of this property.

The Future of Luxury Real Estate

Luxury real estate will always be one of the areas for the wealthy to show off their fortune. Although the rich use such extravagant and opulent mansions for personal use and lavish living, these are valuable assets.
Additionally, high-net-worth buyers are now considering the market condition positive for investment. Most of this is due to Covid-19 resulting in distressed sales. Meanwhile, investing in such properties in Dubai will certainly yield higher returns in the long run.
Besides, buyers need to also understand that it is necessary to consult a luxury properties expert before deciding. Their wealth of knowledge will help make the right decision for owning or building a dream mansion. On top of that, the luxury real estate division of D&B Properties has the right choice of RERA-licensed agents. They can assist you with the right information and guidance needed for Dubai’s property investments.
Meanwhile, get in touch with us for an in-depth understanding of luxury properties in Dubai.

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