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Home News Dubai Mansion Sets Record with Dh21 Million Lease

Dubai Mansion Sets Record with Dh21 Million Lease

Sep 9, 2026
57 min
8
Sep 9, 2026 03:31
Record-breaking lease: District One mansion commands Dh21 million rental deal

## Landmark Lease in District One

A record-breaking lease agreement has been secured for an eight-bedroom mansion in Dubai's District One, valued at Dh21 million. This three-year contract, brokered by B1 Properties, marks the highest residential lease in the area's history.

## Rising Demand for Luxury Homes

The deal highlights a growing trend among high-net-worth individuals seeking ready-to-move-in luxury homes in Dubai. According to Babak Jafari, CEO of B1 Properties, there is a significant demand for turnkey properties, as buyers prefer immediate availability over waiting for off-plan constructions.

## Unique Features of the Mansion

The mansion, located in Mohammed Bin Rashid City, spans nearly 32,000 square feet and is situated along the Crystal Lagoon. It offers a blend of privacy, scale, and architectural elegance, making it a rare find in the market.

## District One's Market Appeal

District One is known for its premium status within the super-prime real estate sector. Its strategic location, just 10 minutes from Downtown Dubai and Business Bay, combined with its low-density master plan and private waterfront living, enhances its appeal. The community features a seven-kilometer man-made Crystal Lagoon, adding to its exclusivity.

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