A remarkable ultra-luxury villa in Umm Al Sheif, Dubai, has been leased for an impressive Dh8.5 million over two years, showcasing the growing demand for high-end properties in the Emirate. This expansive 24,000 sq. ft. residence, set on a generous 15,000 sq. ft. plot, offers unparalleled luxury and is designed to meet the highest standards of comfort and elegance.
Managed by fäm Living and fäm Lux, divisions of fäm Properties that cater to ultra-high-net-worth clients, the villa is fully furnished and guarantees an extravagant living experience.
This lease highlights the flourishing luxury real estate market in Dubai, where properties of this caliber are in high demand. Fäm Properties, known for its exceptional service, serves those seeking exclusive, move-in-ready homes that blend privacy with luxury.
With the property market remaining robust, especially in the luxury segment, this leasing agreement further solidifies Dubai’s reputation as a global hub for upscale living. As more ultra-luxury residences are being developed, this trend emphasizes the city’s allure to affluent residents and investors worldwide.
Currently, Dubai’s ultra-luxury rental market is competitive, featuring 379 properties priced at Dh60 million or more among the 61,558 villas anticipated to be completed in the next three years.
