Have a look into the astonishing one million Dirham penthouse apartment, situated in Dubai’s Bulgari Resort.
The renting culture in Dubai is founded of the expatriate nature of the city, and the constant comings and goings of its habitants for job opportunities, and the lifestyle it provides. This penthouse costs a staggering $272,000 to rent annually, pushing it over the million Dirham mark, the purchase price for the property exceeded 28 million Dirhams.
The penthouse is located on the ever exclusive Jumeirah Bay island, and is a more than impressive piece of architecture. Each apartment is one of two half floor penthouses, each spanning 6585 sq ft, including four bedrooms.
Designers Antonio Citterio, Patricia Viel and Partners have outfitted the apartment with a modern, half furnished aesthetic, utilising polished wood and elegant shapes to contribute to the minimalistic theme. Sleek marble and open areas add to the vibe in the white walled space.
One of the obvious attractions to this spectacular property is the massive wooden decked terrace. This looks out onto a spectacular view of Downtown Dubai, which of course features the Burj Khalifa. Residents can also use the private beach cove around the apartment.
A rent of 1million AED can secure a resident property including but not limited to mansions in Emirates Hills, villas on The Palm Jumeriah and penthouses in Downtown and DIFC. Arguably what makes this property different is that it is synonymous with the Bulgari brand. It is in an ideal location with its proximity to Downtown whilst remaining outside of the core busy areas.
Richard Brock, Luxury sales director at Luxhabitat claims that the rent for this property “falls beyond market dynamics” due the the fact that this is a “truly unique product” and the initial purchase price surpassed Dh28m. (credit The National - Ian Oxborrow)
Unfortunately not every is fortunate enough to have this property fall within their budget. The reality is that renting a property is one of the most important financial decisions each of us make. Therefore it is more important than ever to ensure we are making the correct decision. As a result please utilise www.mintaga.com to check the reviews prior to your next move. Otherwise if you have constructive feedback which you think may help someone when moving, please join our community by leaving a review on Mintaga
All photos are curtesy of Luxhabitat