American record producer Khaled Mohamed Khaled, popularly known as DJ Khaled, has bought a luxurious waterfront mansion located in Miami with a hefty price tag of $3.8 million, a report from TMZ said.

According to the report, Khaled's real estate property sits on a 6,600-square-foot lot. The property has an elegant swimming pool that faces the ocean. It also has a 45-foot boat dock with a separate jet ski lift and seven spacious bedrooms and bathrooms. 

Each room is said to feature elegant and well-detailed interiors. The radio personality and record label executive shared that his palatial mansion has its own elevator. Since Khaled's mansion faces the ocean, one can definitely enjoy the breathtaking and panoramic view of the blue waters.

"Fresh off dropping an album in October and the opening of his 2nd Miami 'FingaLicking' restaurant, Khaled is busy talking gratitude and never giving up on your dreams in his Tweets and Snapchats. By the looks of this house -- seems the DJ has got a direct line to something good," the report said.

Meanwhile, recently, Khaled showed off via Snapchat his latest YEEZUS merchandising which was given to him as a gift by the popular couple Kanye West and Kim Kardashian. It was said that the latest merchandise design features a typical hoodie with a skull, while the t-shirt was designed by famous artist Wes lang and features a scribble Playboy bunny, High Snobiety reports.

Celebrity Net Worth said that Khaled has a net worth of $18 million dollars. "DJ Khaled is also a radio host for the Miami-based urban music radio station WEDR. He is also the DJ for the hip hop group Terror Squad. He has released five studio albums, and had three singles reach Platinum and one reach Gold. He is the current president of Def Jam South. He was born Khaled bin Abdul Khaled on November 26, 1975, in New Orleans, Louisiana," the report said.