fäm Properties has secured a record-setting lease for a luxury villa in Al Barari, with the residence rented for AED 14 million over two years, marking the highest rental transaction recorded in one of Dubai’s most exclusive residential communities.

The deal involves a 14,500 sq ft five-bedroom villa at The Collection at Al Barari. Originally acquired for AED 54 million, the property is generating an annual rental yield of 12.8 per cent.

At AED 7 million annually, the lease surpasses the previous Al Barari rental benchmark of AED 4.8 million per year by 46 per cent, according to DXBinteract data.

The villa, located on a 16,000 sq ft plot, features privacy- and wellness-focused design, including formal and informal living spaces, a private study with lift access, landscaped gardens with a pond, a gym overlooking the pool and a dedicated wellness pavilion.

Commenting on the transaction, Firas Al Msaddi, CEO, fäm Properties, said, “This transaction reflects the continued depth of demand within Dubai’s ultra-prime segment, particularly for highly curated, lifestyle-driven residences where quality and exclusivity outweigh conventional market parameters.”

The tenant, a Brazilian ultra-high-net-worth individual, sought a highly customised lifestyle environment. The transaction was facilitated by Ana Carolina Oliveira of fäm Properties following two months of off-market discussions with owners after existing rental inventory failed to meet the tenant’s requirements for architecture, privacy and wellness-led living.