While he is currently playing for Al-Hilal in Saudi Arabia, Neymar continues to make headlines, this time for an extraordinary real estate investment. The Brazilian star acquired an exceptional penthouse in Dubai, in the future Bugatti Residences, for the tidy sum of 50 million euros.
After the land in Miami, a penthouse in Dubai
Located in Business Bay, Bugatti Residences embodies ultimate luxury in the Dubai skyline. This project, signed by the French car manufacturer and the developer Binghatti, will offer 182 residences, including a few rare “Sky Mansions” like the one acquired by Neymar. This penthouse, still under construction, stands out with unique features, such as an elevator allowing you to take your car directly to the heart of the apartment and a private swimming pool offering breathtaking views of Downtown Dubai. Added to this are high-end services, including a private club, a beach inspired by the Côte d'Azur and state-of-the-art fitness areas.
This acquisition is not a first for the 32-year-old Brazilian striker, known for his luxurious tastes. Last October, he invested 26 million euros in a beachfront plot in Miami, fueling rumors of a potential future move to MLS. These speculations were reinforced by rumors around a possible return to Santos, his training club in Brazil, rumors which his agent was quick to deny. At least a year ago, the former PSG player invested 3.5 million euros in another apartment in Brazil, already in a tower under construction.
A purchase that puts an end to rumors of Neymar's departure?
Neymar's purchase is part of a broader trend: the global rise of luxury residences stamped by prestigious brands. Dubai is leading this market, with a growing number of projects underway, according to a Savills report. This segment is expected to double over the next seven years, attracting new players and expanding to previously unexpected regions like Romania and Tanzania.
Arriving in Saudi Arabia in the summer of 2023, Neymar is under contract with Al-Hilal until June 2025. This acquisition confirms the growing attraction of Dubai for branded residences, the city-state of the United Arab Emirates having become, according to Savills, the world capital of luxury designer real estate.
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