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Dubai’s highest rents: Inside the luxury houses that cost millions per year

Here are some of the most expensive apartments and villas available for rent in Dubai, the highest one costs a whopping AED16 million per year

The Dubai real estate market is facing unprecedented demand with the upward trend set to continue in the coming year. Among the city’s diverse residential offerings are ultra-luxury villas and apartments featuring exclusive amenities that can cost millions to rent per year.

Here are some of the most expensive apartments and villas available for rent in Dubai.

Top most expensive houses for rent in Dubai

Rent: AED16,000,000 per year

Location: Signature Villas, Frond H, Palm Jumeirah Dubai

The 10-bedroom signature villa is located on Frond H of the iconic man-made island. The mansion has a built-up area of a whopping 23,745 sq. ft.

For AED16 million per year, residents gain access to the “VIP frond only for billionaires.” The villa features several luxury amenities including in-house cinema, Technogym, designer furniture from brands such as Versace, a private elevator, spa, sauna and more.

Rent: AED12,000,000 per year

Location: Signature Villas, Frond J, Palm Jumeirah Dubai

The massive mansion located in Frond J on Palm Jumeirah features 10 bedrooms on a 30,776 sq. ft plot. At a cost of a whopping AED12 million per year, residents are set to benefit from ultra-luxury features including a Turkish bath, salon, massage room, infinity pool, indoor cinema, private beach access and more.

The villa also features several parking spaces in the basement alongside four maids rooms, two drivers rooms and more.

Rent: AED9,800,000 per year

Location: Emirates Hills Villa, Sector L

The seven-bedroom 35,000 sq. ft. villa is located within the popular Sector L in Emirates Hills. For just around AED9.8 million per year, the mansion offers amenities including 12 car basement, cascading private pool, Missoni wallpapers, four staff rooms, smart home automation and more.

According to Property Finder, the average rent per year within the Emirates Hills neighborhood stands at AED1,368,750 per year for similar property types, making this one of the most expensive with a rental figure 616 percent over the average.

Rent: AED8,000,000 per year

Location: Atlantis The Royal Residences, Palm Jumeirah Dubai

Located within Dubai’s newest hospitality and five-star residential hot spot, this Atlantis The Royal penthouse costs AED8 million as rent per year.

The five-bedroom property was constructed with an open plan layout and features a courtyard, private garden, swimming pool and more.

Additionally, residents can benefit from the hotel facilities including the concierge, valet, buggy service, valet and spa among others.

Source: Arabian Business