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News | Mail Online

Ferrari and Mercedes drivers are among 'brazen' motorists stealing £1.2m of petrol a week as fuel prices soar due to Iran war Mystery over how teens drove off M1 bridge in crash that killed the pair as images show how minibus was struck by car in thousand-to-one twist of fate Business implicated in the methanol poisonings that killed two Aussie backpackers claims it's been cleared Parents' fury that army's failure to notice their son had gone missing for two weeks may have cost him his life Putin's shadow fleet sailors can claim asylum if Britain seizes their ships in the English Channel, ministers fear 'We are now in a world war': Chilling prediction by billionaire US hedge fund founder Ray Dalio - and the cycle of events that has put us 'two steps from conflict between major global powers' A judge was told it 'WASN'T NECESSARY' for Julian to show his face in court. Then he murdered a mum, her unborn baby, friend and her aunt in a crime that appalled Australia Widow of British pensioner, 77, killed in Canary Islands bus crash was among the 27 passengers sent to hospital after suspected brake failure sent it plunging down ravine Woman died when she slipped from Good Samaritan's grip as he tried to save her from bridge fall after boyfriend row Bus surfing idiots risk their lives by clinging onto back of the Number 114 to avoid paying £1.75 fare Iran claims US has agreed to release frozen assets but Washington denies the move as JD Vance holds peace talks in Pakistan Coroner accused of stealing valuables from the dead pleads no contest Old interview comes back to haunt Albo as the fuel crisis continues to hit Aussies hard How trusting my late mum's financial adviser turned out to be the most catastrophic money decision I've ever made Aspiring California Governor Eric Swalwell apologizes to wife in video denying sexual assault claims as calls for him to quit mount New renderings show details of 250-foot tall 'Arc de Trump' set to tower over DC as president confirms he has officially submitted plans Queue jumpers, loud chewers and cups of tea going cold... researchers reveal the things Britons love to hate Keir Starmer's digital ID scheme mocked as 'ridiculous' after minister confirms it will be optional - and will not include a person's biological sex Senior health officials discuss banning doctors from going on strike in bid to stop long-running dispute Cocaine worth £256m and 'heavier than an adult RHINO' found stashed in banana boxes in one of UK's biggest ever hauls Starmer calls NATO 'the single most effective military alliance the world has ever known' after Trump's threatens to quit the bloc - but admits Europe must do more NASA's Artemis II astronauts send first messages and display surprising ability after moon mission 'It's a smart move': What a source close to the Trumps told me about why Melania dropped Epstein bombshell: CAROLINE GRAHAM We're sitting on a goldmine! North Sea oil hits record high. So WHY won't Red Ed drop his Net Zero madness and back new drilling to give Britain a boost? The US took out Iranian leaders and facilities with surgical precision - but the Islamic Republic is winning the propaganda war... with comedy Lego videos, writes DAVID PATRIKARAKOS Two teens die after car plunges from bridge and crashes into minibus on motorway - as families spend hours trapped in traffic following road closure Parish church magazine forced to apologise after poet offended woke readers with verses on illegal migrants, benefit scroungers and fat people Rachel Reeves is warned fuel tax raid will push thousands of businesses 'to the brink', ramp up food costs for households and stoke inflation Trump says Melania 'had a right' to talk about Epstein but admits he might have handled surprise statement differently Nancy Pelosi calls for married wannabe Newsom successor to abandon crumbling campaign over sexual assault claims
Inside the 'Dubai dream houses' that will set you back hu...
2026-05-12 · via News | Mail Online

The 'Dubai dream' has been sold to thousands of Brits by celebrities and influencers alike - from Katie Price's new husband to the Ferdinands. 

But the reality of what you can get for your buck in the Emirate state might shock you. 

Although the country might be still catching stray drones from the Middle East conflict, houses in the Dubai Marina and other notable postcodes could still cost you not just tens of millions, but hundreds of millions. 

Indeed, the war in the Middle East has not stopped estate agents from pricing mansions and penthouses in the nine-figure price point, despite initial reports that Dubai's property bubble had burst. 

Now, properties are returning to the market at prices which some might find laughable once they see the interiors. 

One such property includes a four-bed, terraced house with no visible garden or outdoor space. 

It has a modest three bathrooms, a 'balcony' area which leads out onto a small paved enclosure, and arguably dingy rooms with some slanted roofing. 

But the property, situated on a plot of 1,550 square feet, was put on the market for £62,717,823. 

Dubai has been a hotspot for Brit expats over the last few years, but the conflict in the Middle East has posed a challenge for the expat housing market. Pictured: a property listed for £151,336,352. Credit: Rightmove, Jacob & Co Residences 

This four-bed terraced house with no garden in sight was put on the market for £62.7million. Credit: Righmove, Elite Property 

Its dimly lit interiors will leave some questioning the price tag - as will its grey marbled counters. Credit: Rightmove, Elite Property 

The fake wooden floors and small kitchen make the price arguably steep, but the postcode is the giveaway, as the property is situated in the heart of the Dubai Marina. 

Another property, which looks fresh out of the year 3000, is asking a humble £151,336,352 for a seven-bedroom penthouse in Dubai's Burj Binghatti Jacob & Co Residences. 

With panoramic views of the Burj Khalifa and a private indoor sky pool suspended above the city, the listing describes the property as being 'conceived for the world's most discerning collectors of rare real estate'. 

Yet another, listed on Rightmove for a cool £122,400,000, was an eight-bedroom penthouse at Raffles The Palm Dubai in Palm Jumeirah. 

The glitzy monochrome property featured a 'meditation garden', a cryotherapy chamber, and a private cinema - indoor and outdoor. 

Even the celebrity British expats seeking properties in Dubai would not be able to glimpse at such properties. 

A sweep of property websites including Rightmove and Zoopla show that Dubai's mega-rich market appears to still be booming - despite the nation facing geopolitical security threats. 

But given the price that the properties are listed for, it begs the question of who ends up buying them? 

A futuristic penthouse inside the world's 'tallest branded residential tower' in Binghatti residences will set you back over £100million. Credit: Rightmove, Jacob & Co Residences 

Its interiors leave much to be desired, although the location of the property in the Damac Lagoons makes it a sought-after postcode. Credit: Rightmove, Elite Property 

This property, listed for over £150million, is described as 'a once-in-a-generation masterpiece of architectural ambition and branded luxury'. Credit: Rightmove, Jacob & Co Residences 

Or are the futuristic listings, many of which simply show imagined interiors based on drawings or what appear to be AI images, simply another propaganda ploy by the Dubai government to show that everything is back to normal? 

Few of the listings are ever advertised currently as 'sold' and the property listed for £62million spotted by the Daily Mail has since been taken off the market.  

The apparently booming property market follows the revelation that Dubai's government was fining influencers for posting about the Iran conflict or anything that could threaten 'national unity'. 

In March, mansions in the drone and missile-hit Arab state dropped in asking price by around 25 per cent. 

Many British influencer expats forced to flee left behind their property portfolios and lost out by selling them.  

Former Love Island and Geordie Shore reality TV star Sam Gowland, 30, was one British expat who likely lost out, as he put a luxury villa he had bought for around £1.5million and spent months renovating on sale just before the war. 

Mr Gowland listed the luxury villa for offers above £2million as he fled to Thailand. 

But after spending around four months and substantial amounts renovating it before listing it, he likely lost out on around £500,000.  

Price trackers showed villas in the nation dropping in price since March, with one villa on the Lanai Island region of Dubai shaving £2.3million off its original asking price of £22million. 

It comes as new research showed that overall transactions within Dubai's once-booming property market were down by more than 50 per cent in March. 

Expats who had bought up properties across the UAE in the hopes of raking in millions are now in limbo, unable to sell their expensive villas as missiles and drones continue to be fired into the country by Iran. 

Research conducted by Goldman Sachs now shows that transactions at the beginning of March are down 31 per cent compared with last year and 51 per cent compared with last month.