Dubai sees another Dh1m plus home rental deal, and this could be 2020's biggest
Dubai: When does a Dh1.65 million rental deal on a villa in Dubai represent a bargain of sorts? Answer: When comparable homes in the neighbourhood are asking rents closer to Dh2 million. It was last month that a US citizen signed up for a six-bedroom Signature Villa on the Palm at Dh1.65 million, making it the costliest rental in Dubai during November. It could well be the biggest rental transaction for the whole year as well, with the Palm having earlier recorded one for Dh1.4 million. These and other transactions completed recently for super-luxury homes on the Palm and at Dubai Hills and e...
Source: gulfnews.com