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Source: Atlantis The Royal
Published on 12/05/2024

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.

2-atlantis resort

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.