Billionaires Island draws super rich to secluded Dubai enclave

News Snapshot:

High-flyers without homes in the neighbourhood also use Jumeirah Bay Island as a base when they visit Dubai, the sources say. Russian Foreign Minister Sergei Lavrov stayed at the Bulgari resort earlier this year. Representatives for Jameel, Sagi, Ronaldo, dos Santos, Skoch and Lavrov didn’t respond to requests for comment. Homes for the wealthy Dubai’s property market recently broke a decade-long record for home sales as the local government relaxed visa laws and introduced permits for jobseekers and freelancers. The surge has been driven by an influx of high net worth individuals, from rich Indians seeking second homes to crypto...