Mukesh Ambani’s Reliance Industries is the mystery buyer of an $80 million beach-side villa in Dubai, the city’s biggest ever residential property deal.2
The property on Palm Jumeirah was purchased earlier this year for Ambani’s youngest son, Anant.
]ubai is emerging as a favorite market for the ultra-rich, whom the government has actively courted by offering long-term “golden visas” and relaxing curbs on home ownership for foreigners.