5 Penthouses under AED 550,000

Residence 22 penthouse

Looking to rent out a penthouse but don't have AED 1 million? Here's some affordable luxury for half that budget.

Words by Edward Coulson in Portfolio · Apr 25th, 2018

A penthouse unit in any building is often reserved for clients with a significant budget. These clients are usually looking for the tower's largest apartment on the highest floor. However, we are seeing more and more affordable luxury penthouses coming to the market. 

From our range of hand selected penthouses, we have five options that could be more affordable than you think. Whether you are looking for a full floor, half floor, private pools, or designer decor we are proud to present our most affordable penthouses under AED 550,000.

1. Jam Marina Residence, Dubai Marina

Price On Application (Under Aed 550,000 Per Year)

As one of the developers preferred agent , here's one of the most exclusive penthouses in Dubai Marina right now. I am sure you will agree that this is one of the most anticipated rental releases of the year. This sprawling half floor penthouse with uninterrupted views of the Dubai Marina sits on the top floor of the newest residential tower released in the marina. You will benefit from high ceilings, a custom designed designed finish, floor to ceilings windows and some of the best facilities in the Dubai Marina. With a full half floor you wont be short of space - this property comes with 4 bedrooms, study, maid's room, laundry and large storage room.

2. The Waves, Dubai Marina

Aed 300,000 Per Year

From the moment you step foot in this fully upgraded penthouse, you will begin to understand how truly exceptional it is. With a contemporary design and fully fitted high end kitchen, this property is surely not going to disappoint. With nearly 2,000 sqft of balcony, private rooftop swimming pool, 3 parking spaces and secret laundry room, I am sure you will agree it is on the market for a bargain price!

3. Residence 22, Business Bay

Aed 550,000 Per Year

This exquisite penthouse in the exclusive Residence 22 in Business Bay is sure to catch your eye if you admire contemporary design and luxury surroundings. It is becoming more apparent now on the market that Business Bay is the prime location for any penthouse client. With 22 unique penthouses, Residence 22 provides you with one of the most exclusive and unique complexes in the area. Prices start from AED 550,000 per year. 

4. Executive Towers, Business Bay

Aed 450,000 Per Year

After a magnificent renovation by a world-renowned yacht designer, this exuberant executive towers penthouse is truly the epitome of opulence and luxury. With no expense spared on the significant upgrades to this villa, the new occupant will benefit from its central location, high-end design kitchen, and stunning skyline views across Downtown Dubai.

5. Marina Residences, Palm Jumeirah

Aed 375,000 Per Year

Sprawling over 8,000 sqft, this fully furnished duplex penthouse on Palm Jumeirah has been meticulously upgraded and every aspect completely transformed to represent one of Dubai's most luxurious residences. With a prominent position on the Palm Jumeirah you will benefit from full views of the sea from your spacious terrace and master bedroom. Price competitively and offered fully furnished, this property is sure to be snapped up quickly.

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