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    High-Rise Life

    Uptown Dallas penthouse at Ritz-Carlton is a rare corner unit with views

    Shelby Skrhak
    Dec 12, 2019 | 3:25 pm
    Ritz Carlton penthouse
    And then you sleep.
    Candy's Dirt

    After helping more than 170 buyers and sellers move in, out, and all around Dallas' luxe Residences at The Ritz-Carlton, and after living there herself since it opened, Sharon Quist has seen the best of the best in Uptown living.

    But the top-producing, long-time Dave Perry-Miller Real Estate agent would quickly let you know she is still regularly and pleasantly surprised at how exceptionally customized units in this 21-story building can be.

    Case in point: 2525 N. Pearl St., No. 1402, a rare Ritz-Carlton three-bedroom end unit with dead-on downtown views priced at $4,595,000. Side note: Quist has had the rare privilege of representing the seller – and buyer – every time this unit has been listed, which is thrice now. To say she knows it well is an understatement.

    Quist revels in showcasing to others what she has found so special about her high-rise home community of 11 years.

    The building boasts a light-and-bright, newly remodeled lobby and owners' living room with book-matched marble fireplace, pop-up TVs, and seating for building-wide happy hours and private parties. There is also a continuously manned concierge desk and valet stand.

    Unit 1402 features a double-doored foyer with inlaid marble floors, mirrored walls, and an art wall that can accommodate an installation, as well. Around the corner is an entry hall art niche opening to a private office or media room.

    "Art collectors will find a variety of places to show off their most cherished pieces," Quist says. "The 10-foot ceilings ensure even large ones have space to breathe without overpowering the room."

    A marble gallery borders the great room with fireplace and the dining room, with a combination wet bar/butler's pantry providing a touch of practicality for entertaining amid the extravagance.

    The great room opens onto a private and protected 377-square-foot terrace, as well as to the library, which is adorned in custom millwork.

    A remodeled white granite kitchen with brushed gold hardware boasts Wolf, Sub-Zero and Asko appliances, and opens to a large breakfast area and the heart of the home — a family room with fireplace overlooking the cityscape.

    The split master suite with corner fireplace, measuring 25 by 14 feet, is the stuff of dreams, made real. The marble spa bath has a walk-in shower, jetted garden tub, and dual closets. Secondary bedrooms share a bath. All told, the home encompasses 4,257 square feet (per tax rolls).

    As if you needed any more reasons to add the Residences at Ritz-Carlton to your consideration set, included with your new Elan smart-mansion-in-the-sky are three assigned parking spaces and 5-star hotel amenities – room service, onsite Dean Fearing restaurant, full-service spa, fitness center, community pool, and proximity to Klyde Warren Park, Arts District, and the Central Business District.

    ---

    A version of this story originally appeared on CandysDirt.com.

    Corner unit lets you see in two directions.

    Ritz Carlton penthouse
    Candy's Dirt
    Corner unit lets you see in two directions.
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    rent report

    Here's how much rent prices have dropped in Dallas-Fort Worth since 2025

    Amber Heckler
    Jun 2, 2026 | 4:45 pm
    Dallas skyscrapers
    Photo by TOM on Unsplash
    Rent prices are on the decline in most DFW cities.

    Rent prices are falling statewide, and prices in certain Dallas-Fort Worth cities have declined by nearly 8 percent since last year, according to a new national rent report from Zumper.

    The Zumper National Rent Report tracked year-over-year and month-over-month rent price changes in 100 U.S. cities for both one- and two-bedroom units using the most recent data available from May 2026.

    Plano had the fourth-steepest rent decrease in Texas, with prices for one-bedroom units dipping 7.5 percent year-over-year to $1,360. Two-bedroom rent has dropped 5.5. percent from last year to $1,900.

    In Dallas, one-bedroom rent prices fell 5.6 percent to $1,350, and two-bedroom rent is down 6.4 percent since last year to $1,900.

    Arlington was the only major Texas city where rent prices increased from May 2025 to May 2026. One-bedroom rent increased nearly 3 percent to $1,090, and two-bedroom rent increased 2.1 percent to $1,480.

    The cost for a single-bedroom apartment in Irving is $1,280, or the same price as it was a year ago, the report found. Two-bedroom units are 3 percent cheaper than they were last year, at $1,610.

    In Fort Worth, respective rent costs for one- and two-bedroom units come out to $1,240 and $1,560.

    Rent prices elsewhere in Texas
    San Antonio saw the steepest drop in rent prices statewide, with one-bedroom rents falling by 10.4 percent to $950. Two-bedroom units have declined 6 percent year-over-year to $1,250.

    These are the rent prices for other Texas cities in May 2026:

    • Austin: $1,420 for one-bedroom units; $1,860 for two-bedroom units
    • El Paso: $810 for one bedroom; $1,130 for two bedrooms
    • Houston: $1,130 for one bedroom; $1,430 for two bedroom

    The report also revealed that four of the 10 U.S. metros offering the most concessions are located in Texas. Austin leads nationally with more than a third of rental units "dangling incentives to fill space," followed by San Antonio, Houston, then Dallas. A separate rent report from real estate data firm CoStar found Dallas-Fort Worth had the fifth highest apartment vacancy rate in the U.S. in March, meaning residents may be able to save on their rent depending on the financial incentives offered by landlords.

    Additionally, these same markets offering generous rent concessions are also among the 10 U.S. metros with the largest population growth, which Zumper says signals ongoing tension between tenants and their landlords regarding prices.

    "So while Texas absorbed a significant share of the 2023-2025 supply wave, inventory still has to lease up before landlords regain pricing power, and the steady inflow of new residents says the demand is there," the report said. "It’s just a question of when supply stops outrunning it."

    From 2023 to 2024, Texas gained nearly 73,000 net new renters, making it the No. 1 magnet for renters nationwide.

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