According to the Daily Star, the footballer is likely to splash out £5 million on an apartment in the Burj Dubai tower designed by Armani.
The tower, which will be ready for residents in September this year, has already become the tallest structure in the emirate at a height in excess of 780 metres.
A source close to the Armani fashion house commented: "Beckham and the Burj Dubai would be the perfect fit. This is the finest building in the world, he is the finest footballer. I believe he is being sounded out."
It would not be the first time that Beckham has taken on property for sale in Dubai, as the star already has a luxury suite in the Jumeirah development.
In fact, Property Community reports that Beckham has long known the value of Dubai property and was one of the first people to invest in the Jumeirah.