If you needed one, yes.
What does "need" mean? I would have uses: wine cellar, workbench, sauna cabin, whirlpool, guest room, storage place for garden produce*, recording studio/hobby room, storage for Christmas tree baubles, money vault, .............
Yes, all that could also be done above ground, but then the built-up area grows and the neighbor immediately sees how big my palace is.
* I don’t even know if modern cellars within the thermal envelope of modern houses are as suitable for that as older cellars were.