Ever wondered what it’s like to send $2 million a year on rent?

Let’s take a little tour.

Spoiler alert: It does not involve a cramped apartment with flickering lights and a neighbour who vacuums at midnight.

👀 Do you Think it’s Worth it?

This luxury villa on Dubai’s Palm Jumeirah has just been listed for an eye-watering Dh7.5 million ($2 million) per year.

Step inside, and you’re greeted with sleek contemporary design, Fendi furnishings (because obviously, normal furniture won’t do), and premium finishes.

Now, let’s talk amenities—because for $2 million a year, you’d expect more than just a fancy address. This villa delivers:

• A private gym – so you never have to endure a sweaty stranger on the treadmill.

• A home theatre – because who wants to watch movies on a regular TV like a peasant?

• A jacuzzi, sauna, and cold plunge pool – because luxury isn’t just about being comfortable; sometimes, it’s about voluntarily shocking your body with extreme temperatures.

• An infinity pool – because a regular pool would be too… finite.

• Breathtaking views of the Arabian Gulf and Ain Dubai – so every morning, you can sip your espresso while basking in the realization that life is, indeed, unfair.

Oh, and let’s not forget the extras:

• Walk-in closet – big enough to be its own zip code.

• Balcony – for all your dramatic sunset-staring needs.

• Basement parking – because street parking is for amateurs.

• Basketball court – just in case LeBron James stops by.

• Private beach access – because mingling with the general public? Hard pass.

But the question is— who can afford it?!

💸The Ultra Rich Of Course…

Dubai continues to be a magnet for the ultra-rich, with more than 6,700 high-net-worth individuals moving to the UAE last year—surpassing expectations, according to Henley & Partners.

This surge is fuelling a luxury real estate boom, where renting at mind-boggling prices is just another Tuesday.

💱But Why Rent Instead of Buying?

I know what you’re thinking…

Why would you waste $2,000,000 on rent?!

Well, for many ultra-wealthy individuals, renting a luxury property is a strategic choice rather than a necessity. Here’s why:

• Flexibility – Renting allows high-net-worth individuals to move between cities or properties without the commitment of ownership.

• Access to Prime Locations – Renting provides access to exclusive, high-demand properties that may not be available for sale.

• No Maintenance Hassles – Luxury rentals often come with full maintenance and concierge services, removing the burden of upkeep.

• Try Before You Buy – Renting allows individuals to experience different neighbourhoods, amenities, and lifestyles before making a long-term commitment.

But one of the most overlooked reasons is liquidity preservation.

Instead of tying up millions in real estate, the ultra-rich can keep their capital free for investments and business ventures.

Also know as opportunity cost…

Why spend $60,000,000 buying a home on the Palm if you know how to invest it and make 10% a year?

For the elite, renting in Dubai isn’t just about having a place to live—it’s about maximizing luxury, convenience, and financial strategy all at once.