Life in the Diamond Suites (annual rent ranges from $55,000 to $80,000) is a bit different, but no less cushy. The plush suites are equipped with refrigerator, icemaker, wet bar and two TVs.

The diamond suite, named the “Garden of Kalahari,” is a story in itself, Scheufele said. The necklace was crafted out of a 342-carat rough stone called “The Queen of Kalahari,” unearthed ...

A diamond jewelry suite consisting of necklace, ring and earrings all with a heart-shape theme sold for $266,500, above its high estimate of $260,000.