2-bed · 1,801 sqftPalazzo Versace, Culture Village · 2nd floor · completed 2015

2216, Palazzo Versace

Sold prices and rental history: sold twice, last in October 2026, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2216 · DLD and Ejari recordsUpdated 2 October 2026
Last soldAED 3.9M2 October 2026
Current rentAED 210K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2216, Palazzo Versace

What is 2216 worth today?

Last sold for AED 3,900,000 in 2026

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2 Oct 2026SoldReady
AED 3,900,000AED 2,165 per sqft
1 Aug 2024RentedNew contract
AED 210,000/yr12 months · AED 117 per sqft
1 Apr 2021RentedNew contract
AED 175,000/yr12 months · AED 97 per sqft
10 Apr 2019RentedNew contract
AED 210,000/yr24 months · AED 117 per sqft
17 Sep 2012Sold by developerOff-plan
AED 4,175,000AED 2,318 per sqft

Source: Dubai Land Department. Updated 2 October 2026.

Key facts

Type
2-bed apartment
Size
1,801 sqft
Floor
2nd of 8
Parking
B1-E092, B1-E093
Developer
Emirates PV Dubai
Completed
2015
Last sold
AED 3.9M · October 2026

About 2216, Palazzo Versace

2216 is a two-bedroom apartment of 1,801 sqft on the 2nd floor of Palazzo Versace, a 8-storey tower in Culture Village completed in 2015 by Emirates PV Dubai. It last sold on 2 October 2026 for AED 3,900,000, or AED 2,165 per sqft, 10% above the AED 1,962 two-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 1 August 2024, is AED 210,000 a year: a gross yield of 5.4% on the 2026 price.

Sales and rents for 2216 over time

Sales
Unit 2216, each saleTypical two-bed in Palazzo Versace
5M2009201420192024Typical sale price by year: 2009 AED 7,988,750; 2011 AED 4,189,000; 2012 AED 4,191,438; 2013 AED 5,551,500; 2014 AED 6,373,700; 2016 AED 7,200,000; 2017 AED 3,416,131; 2018 AED 3,000,000; 2019 AED 2,000,000; 2021 AED 2,891,662; 2023 AED 3,520,000; 2024 AED 4,200,000; 2025 AED 3,466,600; 2026 AED 3,880,000Sold by developer, September 2012: AED 4,175,000 (AED 2,318 per sqft)Sold, October 2026: AED 3,900,000 (AED 2,165 per sqft)

2216 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2216, each contractTypical two-bed in Palazzo Versace
150K200K250K2016201920222025Typical rent by year: 2016 AED 220,000; 2017 AED 210,000; 2018 AED 180,000; 2019 AED 175,625; 2020 AED 150,000; 2021 AED 155,000; 2022 AED 200,000; 2023 AED 221,760; 2024 AED 250,000; 2025 AED 250,000; 2026 AED 231,000New contract, April 2019: AED 210,000 a yearNew contract, April 2021: AED 175,000 a yearNew contract, August 2024: AED 210,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Palazzo Versace, and where 2216 sits

All 77 2-beds →

2216 last sold in October 2026 at AED 2,165 per sqft, 10% above what two-beds in Palazzo Versace were fetching at the time (AED 1,962). Over the last 12 months two-beds sold for AED 3,015,526 to 4,000,000, around AED 2,041 per sqft, and rent for AED 165,000 to 330,000 a year. 2216's AED 210,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
5 Oct 20263,600,000
19 Aug 20264,000,000
22 Jul 20263,500,000
16 Jul 20264,000,000
9 2-bed sales in the last 12 months

Palazzo Versace

Building

166 apartments, 1-bed to 6-bed over 8 floors in Culture Village, completed in 2015 by Emirates PV Dubai. 15 sold in the last 12 months.

Typical price per sqft
AED 2,051 Down 0.3%
Typical sale
AED 3.9M
Typical rent
AED 267K /yr
Typical yield
6.0%
Palazzo Versace, Culture Village: prices, sales and rents →

Other units on the 2nd floor

All 166 units in Palazzo Versace
Value
12012-bedAED 6.35M · Aug 2013
12023-bedAED 8.55M · Dec 2014
12032-bedAED 8.72M · Feb 2009
12042-bedAED 4.95M · Nov 2012
12054-bedAED 7.91M · Dec 2016
12062-bedAED 3.25M · Jan 2026
12072-bedAED 3.64M · Feb 2023
1–7 of 23

2216, Palazzo Versace in numbers

  • Sold twice: first on 17 September 2012 for AED 4,175,000, last on 2 October 2026 for AED 3,900,000 (AED 2,165 per sqft).
  • Rented since April 2019 on 3 Ejari contracts. The rent fell from AED 210,000 to AED 175,000 in 2021 and recovered to AED 210,000 by August 2024.
  • At AED 210,000 a year the gross yield on the 2026 price is 5.4%.
  • Two-beds in Palazzo Versace sold for AED 3,015,526–4,000,000 in the 12 months to November 2026; the building's median across all types is AED 2,051 per sqft.

Source: Dubai Land Department. Updated 2 October 2026.

Questions about 2216, Palazzo Versace

What did unit 2216 last sell for?

AED 3,900,000 on 2 October 2026: AED 2,165 per sqft for 1,801 sqft. The unit has 2 registered sales; the first was AED 4,175,000 in September 2012.

What is the rent for unit 2216?

AED 210,000 a year on the contract signed on 1 August 2024. The previous contract, from April 2021, was AED 175,000; the unit has been rented since April 2019.

How big is unit 2216?

1,801 sqft (167.3 sqm): a two-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2015.

What is unit 2216 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Palazzo Versace sold for AED 3,015,526 to 4,000,000 in the last 12 months, around AED 2,041 per sqft.

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Mortgage on 2216, Palazzo Versace

Starts from the last sale price (AED 3.9M, 2 October 2026). Switch to today's estimate once you have unlocked it.
Price
AED 3,900,000
Deposit, UAE resident (20%)
AED 780,000
Deposit, non-resident (40%)
AED 1,560,000
Monthly over 25 years at 3.7%
AED 15,956

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →