{"id":26295,"date":"2023-03-12T15:22:54","date_gmt":"2023-03-12T14:22:54","guid":{"rendered":"https:\/\/bird.bg\/revelations-dubai-10-apartments-of-veliko-zhelev-valued-at-over-4-1-million\/"},"modified":"2024-12-28T23:30:18","modified_gmt":"2024-12-28T22:30:18","slug":"dubaiuncovered-zhelev","status":"publish","type":"post","link":"https:\/\/bird.bg\/en\/dubaiuncovered-zhelev\/","title":{"rendered":"Revelations Dubai: 10 apartments of Veliko Zhelev valued at over $ 4.1 million"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The construction <\/span> &#8220;<b>great and tough&#8221; boss<\/b> <b>Veliko Zhelev<\/b><span style=\"font-weight: 400;\">, who was arrested on <\/span><a href=\"https:\/\/www.mediapool.bg\/veliko-zhelev-e-ostaven-v-aresta-po-obvinenie-za-prinuda-s-boi-news345530.html\"><span style=\"font-weight: 400;\">charges<\/span><\/p>\n<p><\/a><span style=\"font-weight: 400;\"> of coercion with fighting and <\/span><a href=\"https:\/\/www.mediapool.bg\/prokuraturata-poiskala-obisk-na-veliko-zhelev-v-denya-na-tankiya-asfalt-news345556.html\"><span style=\"font-weight: 400;\">released<\/span><\/p>\n<p><\/a><span style=\"font-weight: 400;\"> by the prosecutor&#8217;s office on bail of 20,000 leva declined to comment on what he owns in Dubai. In front of a pool of journalists taken to an unbuilt bridge on the Hemus highway, the owner of Hydrostroy replied to a question about his Dubai possessions: &#8220;For the moment I do not have a hotel in Dubai.&#8221; But as early as May 2022, the properties of <\/span><b>Veliko Zhelev<\/b><span style=\"font-weight: 400;\"> in the glamorous emirate were <\/span><a href=\"https:\/\/bird.bg\/uncovereddubai-1\/\"><span style=\"font-weight: 400;\">revealed<\/span><\/a><span style=\"font-weight: 400;\"> by the international investigation <\/span><a href=\"https:\/\/bird.bg\/tag\/dubaiuncovered\/\"><span style=\"font-weight: 400;\">#DubaiUncovered<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to 2020 data in the investigation &#8220;Dubai Uncovered, <\/span><b>Veliko Zhelev<\/b><span style=\"font-weight: 400;\"> has purchased <\/span><b>ten apartments<\/b><span style=\"font-weight: 400;\"> in Dubai. The largest apartment with an area of 268.09 sq.m. E at <\/span><a href=\"https:\/\/sereniathepalm.com\/gallery\/\"><span style=\"font-weight: 400;\">Serenia Residences<\/span><\/a><span style=\"font-weight: 400;\">, on the artificial island in Palm Jumeirah was valued at <\/span><b>$1,080,451<\/b><span style=\"font-weight: 400;\">. Nine more apartments, described in detail below, have an area between 131 sq.m. and 47 sq.m. and are in <\/span><a href=\"https:\/\/www.livuae.com\/completed-projects\/liv-residence\/gallery\/\"><span style=\"font-weight: 400;\">Liv Residence<\/span><\/a><span style=\"font-weight: 400;\">, in the expensive neighborhood of Dubai Marina. The total value of Zhelev&#8217;s real estate is over <\/span><b>$4.1 million<\/b><span style=\"font-weight: 400;\">. The total area of the 10 apartments is <\/span><b>1 034.62 sq.m.<\/b><\/p>\n<p><span style=\"font-weight: 400;\">According to passport data, the 10 apartments were acquired by <\/span><b>Veliko Zhelev<\/b><span style=\"font-weight: 400;\"> Before the fall of 2019, there is no information on whether to date Zhelev&#8217;s real estate investments in the United Arab Emirates (UAE) have increased. We learned from his words that &#8220;for the moment&#8221; there is no hotel in Dubai. <\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">&#8220;In Bulgaria, business cannot be done.&#8221;<\/span><\/i><\/p>\n<p><span style=\"font-weight: 400;\">&#8220;The sooner we run away from Bulgaria to work elsewhere, it will be good. I especially <\/span><b> opened the offices in Dubai<\/b>, <span style=\"font-weight: 400;\">Saudi Arabia, North Macedonia and Romania,&#8221;<\/span> Veliko <b>Zhelev<\/b> said in <a href=\"https:\/\/btvnovinite.bg\/bulgaria\/veliko-zhelev-ekskluzivno-pred-btv-iznasjam-biznesa-si-ot-balgarija.html\"><span style=\"font-weight: 400;\">an interview<\/span><\/a><span style=\"font-weight: 400;\"> with bTV <\/span><span style=\"font-weight: 400;\"> hours after he was released from custody.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Apartment on the island palm Palm Jumeirah<\/span><\/h2>\n<p><iframe loading=\"lazy\" title=\"Serenia Living - Dubai&#039;s Ultimate Beachfront Residences\" width=\"1320\" height=\"743\" src=\"https:\/\/www.youtube.com\/embed\/CHbyuKHTUTs?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<h2><span style=\"font-weight: 400;\">Apartments in the expensive district of Dubai Marina<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Nine of the ten apartments purchased by <\/span><b>Veliko Zhelev<\/b> in <span style=\"font-weight: 400;\"> Dubai are in the same complex <\/span><a href=\"https:\/\/www.livuae.com\/completed-projects\/liv-residence\/\"><span style=\"font-weight: 400;\">Liv Residence<\/span><\/a><span style=\"font-weight: 400;\">, in the expensive Dubai Marina.<\/span><\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-24238 size-large\" src=\"https:\/\/i0.wp.com\/bird.bg\/wp-content\/uploads\/2023\/03\/liv-residence.jpg?resize=1024%2C286&#038;ssl=1\" alt=\"\" width=\"1024\" height=\"286\" srcset=\"https:\/\/i0.wp.com\/bird.bg\/wp-content\/uploads\/2023\/03\/liv-residence.jpg?resize=1024%2C286&amp;ssl=1 1024w, https:\/\/i0.wp.com\/bird.bg\/wp-content\/uploads\/2023\/03\/liv-residence.jpg?resize=300%2C84&amp;ssl=1 300w, https:\/\/i0.wp.com\/bird.bg\/wp-content\/uploads\/2023\/03\/liv-residence.jpg?resize=768%2C215&amp;ssl=1 768w, https:\/\/i0.wp.com\/bird.bg\/wp-content\/uploads\/2023\/03\/liv-residence.jpg?resize=1536%2C429&amp;ssl=1 1536w, https:\/\/i0.wp.com\/bird.bg\/wp-content\/uploads\/2023\/03\/liv-residence.jpg?resize=1200%2C335&amp;ssl=1 1200w, https:\/\/i0.wp.com\/bird.bg\/wp-content\/uploads\/2023\/03\/liv-residence.jpg?resize=990%2C277&amp;ssl=1 990w, https:\/\/i0.wp.com\/bird.bg\/wp-content\/uploads\/2023\/03\/liv-residence.jpg?resize=1320%2C369&amp;ssl=1 1320w, https:\/\/i0.wp.com\/bird.bg\/wp-content\/uploads\/2023\/03\/liv-residence.jpg?w=1860&amp;ssl=1 1860w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<p><iframe loading=\"lazy\" title=\"LIV Residence - The Newest Luxury Building In Dubai Marina\" width=\"1320\" height=\"743\" src=\"https:\/\/www.youtube.com\/embed\/WDpwqoxxRoI?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p><span style=\"font-weight: 400;\">The nine apartments of <\/span><b>Veliko Zhelev <\/b><span style=\"font-weight: 400;\">in <\/span><a href=\"https:\/\/www.livuae.com\/completed-projects\/liv-residence\/\"><span style=\"font-weight: 400;\">Liv Residence<\/span><\/a><span style=\"font-weight: 400;\"> as follows:<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&#8211; apartment with an area of 130.75 sq.m. valued at $517,146.03 <\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">&#8211; apartment with an area of 117.98 sq.m. valued at $466,637.78 <\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">&#8211; apartment with an area of 96.86 sq.m. valued at $383,103.38<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">&#8211; apartment with an area of 87.47 sq.m. valued at $345,963.78<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">&#8211; apartment with an area of 81.12 sq.m. valued at $320,848.10<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">&#8211; apartment with an area of 80.00 sq.m. valued at $316,418.22<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">&#8211; apartment with an area of 76.31 sq.m. valued at $301,823.44<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">&#8211; apartment with an area of 49.17 sq.m. valued at $194,478.55<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">&#8211; apartment with an area of 46.87 sq.m. valued at $185,381.52<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">So far in &#8220;Revelations Dubai&#8221;<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The international investigation #DubaiUncovered (&#8220;Revelations Dubai&#8221;) reveals over 240 Bulgarian citizens and residents who own properties worth over $ 160 million in Dubai. So far, they have  <\/span><a href=\"https:\/\/bird.bg\/uncovereddubai-1\/\"><span style=\"font-weight: 400;\">published<\/span><\/a><span style=\"font-weight: 400;\"> data on properties <\/span> of the mother of MP <b>Delyan Peevski<\/b>, the <span style=\"font-weight: 400;\">construction boss <\/span><b>Veliko Zhelev<\/b>, the sister of the <span style=\"font-weight: 400;\">Deputy Prosecutor General <\/span><b>Borislav Sarafov<\/b>, the <span style=\"font-weight: 400;\">builder of our pavilion for &#8220;Expo 2020&#8221; in Dubai <\/span><a href=\"https:\/\/bird.bg\/dubaiuncovered-2\/\"><b>Ralitsa Ivanova<\/b><\/a><span style=\"font-weight: 400;\">, the <\/span><a href=\"https:\/\/bird.bg\/dubaiuncovered-3\/\"><span style=\"font-weight: 400;\">sisters<\/span><\/a><span style=\"font-weight: 400;\"> <\/span><b>Gergana Simova<\/b><span style=\"font-weight: 400;\"> <\/span> and <b>Elitsa Proshenska<\/b> and the <span style=\"font-weight: 400;\"> underground boss <\/span><a href=\"https:\/\/bird.bg\/dubaiuncovered-4\/\"><b>Radostin Barzanov<\/b><\/p>\n<p><\/a><span style=\"font-weight: 400;\"> &#8211; <\/span><b>Rado the Sun<\/b><span style=\"font-weight: 400;\">, an aver of Taki and Vasil Iliev.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The &#8220;Dubai Disclosures&#8221; investigation is based on data on more than 800,000 records from Dubai&#8217;s land registry, which date back to 2020 and were obtained from C4ADS (Washington, D.C.-based Centre for Advanced Defence Research). They were shared with Norwegian financial centre E24, which coordinates the real estate investigation together with 20 investigative media, including  <\/span><a href=\"https:\/\/www.lemonde.fr\/les-decodeurs\/article\/2022\/05\/03\/l-immobilier-de-dubai-un-havre-pour-l-argent-des-oligarques-et-des-criminels_6124532_4355770.html\"><span style=\"font-weight: 400;\">Le Monde<\/span><\/a><span style=\"font-weight: 400;\">, S\u00fcddeutsche Zeitung, the Danish TV2 and OCCRP. As part of the network of  <\/span><a href=\"https:\/\/www.occrp.org\/en\/investigations\/dubai-uncovered-data-leak-exposes-how-criminals-officials-and-sanctioned-politicians-poured-money-into-dubai-real-estate\"><br \/>\n  <span style=\"font-weight: 400;\">OCCRP<\/span><br \/>\n<\/a><span style=\"font-weight: 400;\"> BIRD is the Bulgarian partner in the project.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Lead photo: Veliko Zhelev (left), view of Liv Residence, in Dubai Marina (right)<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Construction magnate Veliko Zhelev appeared before journalists, but refused to comment on his properties in Dubai. But in 2022, evidence emerged of the large apartment he owns. <\/p>\n","protected":false},"author":8,"featured_media":24236,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_crdt_document":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpas_customize_per_network":false},"categories":[10972,10246,978],"tags":[2252,2250,240,2245,2246,2247,2136,2253,2249,2251,2248],"coauthors":[204],"class_list":["post-26295","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-2023-with-bird","category-dubai-uncovered-unlocked","category-shorts-en","tag-dubaiuncovered-en-2","tag-dubai-en","tag----en","tag-hemus-motorway","tag-hemusgate","tag-hydrostroy-en","tag-property","tag-revelations-dubai","tag-u-a-e","tag-uncovereddubai-en-2","tag-veliko-zhelev-en"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v19.6 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Revelations Dubai: 10 apartments of Veliko Zhelev valued at over $ 4.1 million | BIRD<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bird.bg\/en\/dubaiuncovered-zhelev\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Revelations Dubai: 10 apartments of Veliko Zhelev valued at over $ 4.1 million\" \/>\n<meta property=\"og:description\" content=\"Construction magnate Veliko Zhelev appeared before journalists, but refused to comment on his properties in Dubai. 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