2222, Palazzo Versace
Sold prices and rental history: sold twice, last in March 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2222, Palazzo Versace
What is 2222 worth today?
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Source: Dubai Land Department. Updated 14 March 2024.
Key facts
- Type
- 5-bed apartment
- Size
- 10,678 sqft
- Floor
- 2nd of 8
- Parking
- B1-E055, B1-E056, B1-E057
- Developer
- Emirates PV Dubai
- Completed
- 2015
- Last sold
- AED 20M · March 2024
- Building
- Palazzo Versace
About 2222, Palazzo Versace
2222 is a five-bedroom apartment of 10,678 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 14 March 2024 for AED 20,000,000, or AED 1,872 per sqft.
It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 6 September 2022, is AED 800,000 a year: a gross yield of 4.0% on the 2024 price.
5-beds in Palazzo Versace, and where 2222 sits
All 3 5-beds →| Recent 5-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Dec 202328 December 2023 | 12,937 sqft | 21,300,000 | 1,646 | ||
| 23 Aug 201623 August 2016 | 12,937 sqft | 20,000,000 | 1,545 | ||
| 23 Jun 201623 June 2016 | 12,936 sqft | 28,952,200 | 2,238 | ||
| 26 Feb 200926 February 2009 | 12,936 sqft | 28,952,200 | 2,238 |
Palazzo Versace
Building166 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%
Other units on the 2nd floor
All 166 units in Palazzo Versace| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 2-bed | 2,074 sqft | AED 6.35MAED 6,350,000 · Aug 2013August 2013 | 300,000 /yr | |
| 1202 | 3-bed | 2,297 sqft | AED 8.55MAED 8,550,000 · Dec 2014December 2014 | ||
| 1203 | 2-bed | 1,801 sqft | AED 8.72MAED 8,717,277 · Feb 2009February 2009 | 250,000 /yr | |
| 1204 | 2-bed | 1,801 sqft | AED 4.95MAED 4,952,350 · Nov 2012November 2012 | ||
| 1205 | 4-bed | 5,269 sqft | AED 7.91MAED 7,910,600 · Dec 2016December 2016 | 25,000 /yr | |
| 1206 | 2-bed | 1,722 sqft | AED 3.25MAED 3,250,000 · Jan 2026January 2026 | 250,000 /yr | |
| 1207 | 2-bed | 1,724 sqft | AED 3.64MAED 3,640,000 · Feb 2023February 2023 | 145,000 /yr | |
| 1208 | 3-bed | 2,299 sqft | AED 7.56MAED 7,561,600 · Jun 2014June 2014 | 400,000 /yr | |
| 1209 | 3-bed | 3,795 sqft | AED 12.4MAED 12,400,000 · Oct 2015October 2015 | 420,000 /yr | |
| 1210 | 3-bed | 3,113 sqft | AED 7MAED 7,000,000 · Jul 2021July 2021 | 364,000 /yr | |
| 1211 | 3-bed | 6,465 sqft | No registered sale | 380,000 /yr | |
| 1212 | 3-bed | 6,404 sqft | AED 15MAED 15,000,000 · Oct 2015October 2015 | ||
| 2213 | 2-bed | 2,074 sqft | AED 4.2MAED 4,200,000 · Jul 2023July 2023 | 180,000 /yr | |
| 2214 | 3-bed | 2,297 sqft | AED 5MAED 4,995,000 · Mar 2024March 2024 | 380,000 /yr | |
| 2215 | 2-bed | 1,801 sqft | AED 4MAED 4,000,000 · Jul 2026July 2026 | 200,000 /yr | |
| 2216 | 2-bed | 1,801 sqft | AED 3.9MAED 3,900,000 · Oct 2026October 2026 | 210,000 /yr | |
| 2217 | 4-bed | 5,269 sqft | AED 12.8MAED 12,800,000 · May 2026May 2026 | ||
| 2218 | 2-bed | 1,722 sqft | AED 5.55MAED 5,551,500 · Nov 2013November 2013 | 240,000 /yr | |
| 2219 | 2-bed | 1,724 sqft | AED 3.94MAED 3,942,400 · Aug 2012August 2012 | 260,000 /yr | |
| 2220 | 3-bed | 2,299 sqft | AED 4.18MAED 4,176,145 · Nov 2024November 2024 | ||
| 2221 | 3-bed | 3,795 sqft | No registered sale | 400,000 /yr | |
| 2223 | 3-bed | 6,720 sqft | No registered sale | ||
| 2224 | 3-bed | 6,822 sqft | No registered sale | 350,000 /yr |
2222, Palazzo Versace in numbers
- Sold twice: first on 16 February 2010 for AED 25,300,000, last on 14 March 2024 for AED 20,000,000 (AED 1,872 per sqft).
- Rented since March 2021 on 2 Ejari contracts, from AED 500,000 to AED 800,000 a year.
- At AED 800,000 a year the gross yield on the 2024 price is 4.0%.
Source: Dubai Land Department. Updated 14 March 2024.
Questions about 2222, Palazzo Versace
What did unit 2222 last sell for?
AED 20,000,000 on 14 March 2024: AED 1,872 per sqft for 10,678 sqft. The unit has 2 registered sales; the first was AED 25,300,000 in February 2010.
What is the rent for unit 2222?
AED 800,000 a year on the contract signed on 6 September 2022. The previous contract, from March 2021, was AED 500,000.
How big is unit 2222?
10,678 sqft (992.0 sqm): a five-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2015.
What is unit 2222 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 2222, Palazzo Versace
Starts from the last sale price (AED 20M, 14 March 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 20,000,000
- Deposit, UAE resident (20%)
- AED 4,000,000
- Deposit, non-resident (40%)
- AED 8,000,000
- Monthly over 25 years at 3.7%
- AED 81,826
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →