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Dubai Sets Record with Dh4.4 Million Annual Rent for Penthouse at The Royal Atlantis

Dubai Sets Record with Dh4.4 Million Annual Rent for Penthouse at The Royal Atlantis

Luxury Palm Jumeirah Penthouse Leased by High-Net-Worth Family

A penthouse at The Royal Atlantis Resort and Residences on Palm Jumeirah has set a new rental record in Dubai, leasing for an astounding Dh4.4 million per year. This 10,000 sqft, four-bedroom unit which includes a library, exercise room and a 2,700 sqft terrace with an infinity pool is now believed to be the most expensive apartment lease in the city's history.

The tenant, a high-net-worth European family returning to Dubai after living abroad, chose the penthouse for its luxury amenities including hotel concierge services, a private beach and a sky-high infinity pool.

The family had initially considered other units on the Palm but opted to increase their budget for the unique features offered by this penthouse.


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