Dubai is fast becoming second homes for the world's rich and powerful. The latest example of this is Indian billionaire Mukesh Ambani, who has bought the most expensive home in Dubai for his son Anant.
The beach-side villa located in Palm Jumeirah is reported to have been sold for $80 million.
The mansion sits in the northern part of the palm-shaped artificial archipelago and has 10 bedrooms, a private spa, and indoor and outdoor pools.
The emirate's biggest-ever residential property deal was completed by Ambani's Reliance Industries Ltd.