(MENAFN- Mid-East.Info) Company closed AED 1.7M penthouse lease on Palm Jumeirah
Dubai, United Arab Emirates: Metropolitan Premium Properties (MPP) – a full-service real estate agency and the Metropolitan Group's flagship property company, recently closed one of the biggest single-unit rental deals in Dubai this year, a AED 1.7M penthouse at the Omniyat One on Palm Jumeirah, one of the most exclusive residential projects in Dubai.
Aleksandr Mylnikov, Sales Manager at Metropolitan Premium Properties, said:“Despite the high rental fee, the four-bedroom, 4,790 sq.ft. penthouse was in demand because it has incredible views and was the only one available in the building. The transaction went quite quickly as I represented both the landlord and the tenant and we are seeing increasingly more and more inquiries for similar high-end units that overlook the Dubai skyline and the Arabian Gulf.”
One at Palm Jumeirah is a new exclusive premium residential complex by Omniyat with a limited series of 94 exceptional residences managed by Dorchester Collection. The ultra-luxury development offers three and four-bedroom apartments with modern amenities and incredible views of the Arabian Gulf. Located at the track of Palm Jumeirah, the residential project was built, designed, and crafted by award-winning firm SOMA Architects.
The rental deal follows a spate of big-ticket deals this year including a penthouse that was sold for AED 410M on Jumeirah Bay Island and a three-bedroom apartment at Bulgari Resort and Residences for AED 13,543 per square foot – the highest per square foot price for a property sold in Dubai.
In addition to MPP in Dubai the Metropolitan Group also includes, Metropolitan Homes, Metropolitan Capital Real Estate in Abu Dhabi, Luxury Immobilien GmbH, a real estate agency in Vienna and Metropolitan Consulting FZE, providing personal and business legal services in the UAE.
About Metropolitan Premium Properties:
Metropolitan Premium Properties (MPP) is the Metropolitan Group's flagship property company based in Dubai. It is a full-service real estate agency offering customised solutions to developers, owners and investors who are looking to maximise value from their luxury real estate assets. MPP offers a complete real estate solution under one roof and has the UAE's largest premium property portfolio.
MENAFN16022023005446012082ID1105587965
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.