Dubai Palm Jumeirah Luxury Villa Up for Rent at Dh7.5 Million a Year:
The 4-bedroom villa sits on a 15,000 sq ft plot and has 2 garages
Dubai: A luxury villa in Dubai’s Palm Jumeirah has been listed for rent at Dh7.5 million ($2 million) annually on Penthouse.ae. The platform, powered by Metropolitan and the luxury division of Metropolitan Premium Properties, is collaborating with Savills for this listing.
This villa caters to Dubai’s growing community of ultra-high-net-worth individuals (UHNWIs) and sits on a 15,000 square foot plot. It has four bedrooms, two garages, and several luxurious amenities, including a show kitchen, a grease kitchen, two living rooms, a dining room, and a dedicated office space. Each of the four main bedrooms features built-in wardrobes, and there are also two staff rooms in the villa.
“As Dubai continues to establish itself as one of the world’s top luxury real estate capitals, this Signature Villa listing highlights the city’s unmatched offerings in the super-prime segment,” said Marcus Andersson, Director of Sales at Penthouse.ae.
Andersson added, “The Signature Villa offers UHNWIs a unique rental opportunity in one of the world’s most coveted locations. This villa is a true masterpiece, designed for the most discerning clientele who expect nothing less than perfection in every aspect of their lifestyle.”
The Palm Jumeirah villa boasts a sleek contemporary design with Fendi furnishings, premium finishes, and top-tier appliances. Residents can enjoy luxury amenities, including a private gym, home theater, jacuzzi, sauna, infinity pool, and cold plunge pool. The outdoor area provides stunning views of the Arabian Gulf and Ain Dubai, according to a statement from Penthouse.ae.
The UAE continues to attract the world’s wealthiest, with thousands of millionaires relocating to the country. According to Henley & Partners, the number of UHNWIs moving to the UAE last year exceeded the initial forecast of 6,700 in October.
This influx of UHNWIs has driven up both rents and property prices. In a record-breaking deal, a five-bedroom townhouse in Jumeira Bay Island’s Villa Amalfi community became Dubai’s most expensive rental, leased for Dh3.7 million annually. Another luxury rental includes a penthouse in Downtown Dubai with an annual lease of Dh4 million, reflecting the growing demand for high-end living.