Dubai Property Market Sets Record with $1.08M Annual Rent for Palm Jumeirah Penthouse
Tuesday, 3 December 2024
Dubai’s real estate market hits a new milestone with a $1.08 million annual rental agreement for a luxurious penthouse at One at Palm Jumeirah, brokered by Vasileios Kandris of Dacha Real Estate. The 7,450 sq ft residence offers stunning views and premium amenities.
- Record-breaking annual rental deal of AED 4,000,000 ($1.08M) for a Palm Jumeirah penthouse.
- The 7,450 sq ft penthouse includes a private pool, terrace, and views of Dubai’s landmarks like Burj Khalifa and Ain Dubai.
- Brokered by Vasileios Kandris of Dacha Real Estate.
- Located within a Dorchester Collection-managed development, offering luxury amenities like beach access, infinity pools, and concierge services.
- Reflects growing demand for ultra-luxury residences among high-net-worth individuals in Dubai.
