Dubai's luxury market soars with Dh3.68m Royal Atlantis rental deal

05/02/2025 19:21 AST

Dubai's luxury real estate market continues to attract high-net-worth individuals, with a recent Dh3.68 million rental agreement at The Royal Atlantis Resort & Residences on Palm Jumeirah. This deal marks another milestone for Dubai as an unrivalled destination for premium living.

The Royal Atlantis is one of the most coveted addresses in Dubai, offering expansive living spaces, panoramic views of Palm Jumeirah and the Arabian Gulf, and a wide range of world-class amenities. Its exclusive design and seamless integration of privacy with the vibrancy of Dubai make it a top choice for those seeking both luxury and convenience in the city's heart.

The deal was facilitated by K Estates' Amela Majdancic and Fabrizio Piombo, both experienced luxury real estate specialists.

Khaled El Sherif, CEO of K Estates, highlighted the significance of the deal, emphasising the growing demand for high-end properties in Dubai. "Dubai's luxury real estate market continues to thrive, demonstrating its resilience and global appeal," he said. "The demand for high-end properties remains robust, with record-breaking deals highlighting the city's position as a prime destination for investors and end users. These transactions are not just numbers, they reflect a deep confidence in Dubai's growth and its status as a leading hub for luxury living and investment opportunities."

With their knowledge of the luxury market and client-centric approach, both Majdancic and Piombo have earned a strong reputation for delivering exceptional results.

"I am incredibly grateful for the trust my clients place in me to represent their luxury properties, especially in exceptional places like Royal Atlantis," says Majdancic. "Whether securing the perfect buyer or tenant, my passion for luxury and commitment to achieving outstanding results ensures their investments are always in the best hands."

K Estates, renowned for its client-first approach and expertise in Dubai's luxury real estate market, continues to set the bar for personalised service. Recently honoured with the Rising Star of the Year 2024 award by Property Finder, the firm has earned a reputation for connecting clients with properties that not only meet but consistently exceed their expectations.

This rental agreement at The Royal Atlantis reinforces Dubai's position as a leading global destination for luxury real estate. With its unparalleled location and world-class amenities, projects like The Royal Atlantis will continue to influence the market for years to come.