Friday, 1 April 2011
21:35 MEHVISH MINHAS No comments
Aishwarya Rai has invested in a resort style villa in Sanctuary Falls, Dubai, UAE. The couple presently attended a party for the owners of the 96 villas in the gated community in Jumeirah Golf Estates.
The Villa sizes range from about 5,500 sq.ft. to 10,500 sq. ft. and cost from AED 16 million to AED 34 million (1 AED = $0.272). The community is scheduled for completion in 1st quarter 2010.
Each home has been designed with an arrival water fountain, resort style swimming pool, children's pool area and fully landscaped gardens.
Aishwarya and Abhishek are following a trend set by other top ranking Bollywood stars, including Shah Rukh Khan, of investing in the UAE real estate market. The builders often offer the stars concession in the sale price in order to use their names to promote the property.
"Dubai is special to us not just as a place where we enjoy great warmth and generosity in terms of love from the people, but it's become a remarkable place and one that is so close to home for us," Abhishek said.
However, Abhishek confirmed that he had no plans to settle down in Dubai as the family lived and worked in Mumbai.