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Celebrities lose 100K dollars of their luxury real estate value in Dubai weekly

Formula 1 legend Michael Schumacher, who owns the seven-million-dollar Antarctica artificial island in the World Islands project, Brad Pitt and Angelina Jolie, Michael Jackson and several well-known footballers, such as David Beckham and Michael Owen, own elite real estate in Dubai.

Beckham’s and Owen’s property in Dubai loses more than $100,000 of its value every week.