Here is the Most Expensive Rental in Dubai

LuxuryProperty.com announced a new record in Dubai for the most expensive rental in the city to date – a Dh3.8m said. The villa features a gym, sauna, pool and private beach.

While Tenant details remain confidential, the residence is being operated by Luxury Explorers’ Collection, a high-end provider of concierge and property management services.

The site said the deal was sealed by its head of luxury sales and luxury leasing, Riccardo Scala, and was for a nine-bedroom villa on Palm Jumeirah.

“Since Covid-19 gripped the world some 18 months ago, we have seen a dramatic rise in the demand for super-prime properties,” said Scala.

“Buyers and tenants moving to Dubai are not just looking for a home that is aesthetically pleasing, but one that provides privacy and security for their families.

"Areas like the Palm Jumeirah tick all of these boxes for our clients and transactions of this nature show the strength of the market in 2021, for both sales and rentals.”

This article was previously published on UAE Moments.To see the original article, click here