DUBAI
•THE NEIGHBORHOOD: DUBAI MARINA
WHO’S BUYING: CELEBRITIES AND ATHLETES INCLUDING TENNIS LEGEND ROGER FEDERER, FORMULA ONE WORLD CHAMPION FERNANDO ALONSO AND PRO GOLFER TIGER WOODS
THE POWER MOVE: It takes a lot to stand out among Dubai’s infinitude of luxury offerings, but this 689-foot residential tower is one of the emirate’s hottest commodities. Designed by London-based Atkins—the same firm behind the famous spinnaker-shaped Burj Al Arab—the 52-story structure houses 80 apartments, including 6,100-square-foot, four-to-five-bedroom “presidential penthouses” and six-bedroom “royal penthouses” that—at about 15,000 square feet—comprise a whole floor and offer ocean views. Some of the smaller units start at around $5 million, with the larger penthouses fetching upwards of $16 million.