3-bed · 3,003 sqftPalazzo Versace, Culture Village · 3rd floor · completed 2015

2322, Palazzo Versace

Sold prices and rental history: sold twice, last in March 2017, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2322 · DLD and Ejari recordsUpdated 14 January 2025
Last soldAED 7.2M15 March 2017
Current rentAED 448K /yr14 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2322, Palazzo Versace

What is 2322 worth today?

Last sold for AED 7,200,000 in 2017

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14 Jan 2025RentedNew contract
AED 447,594/yr12 months · AED 149 per sqft
14 Jan 2025RentedNew contract
AED 447,594/yr12 months · AED 149 per sqft
12 Jul 2022RentedNew contract
AED 360,000/yr12 months · AED 120 per sqft
15 Mar 2017SoldReady
AED 7,200,000AED 2,397 per sqft
20 Mar 2013Sold by developerOff-plan
AED 9,800,000AED 3,263 per sqft

Source: Dubai Land Department. Updated 14 January 2025.

Key facts

Type
3-bed apartment
Size
3,003 sqft
Floor
3rd of 8
Parking
B2-E140, B2-E175
Developer
Emirates PV Dubai
Completed
2015
Last sold
AED 7.2M · March 2017

About 2322, Palazzo Versace

2322 is a three-bedroom apartment of 3,003 sqft on the 3rd floor of Palazzo Versace, a 8-storey tower in Culture Village completed in 2015 by Emirates PV Dubai. It last sold on 15 March 2017 for AED 7,200,000, or AED 2,397 per sqft, in line with the AED 2,397 three-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 14 January 2025, is AED 447,594 a year: a gross yield of 6.2% on the 2017 price.

Sales and rents for 2322 over time

Sales
Unit 2322, each saleTypical three-bed in Palazzo Versace
5M10M2009201420192024Typical sale price by year: 2009 AED 12,841,100; 2012 AED 6,879,300; 2013 AED 8,041,188; 2014 AED 9,897,600; 2015 AED 12,400,000; 2016 AED 9,920,550; 2018 AED 4,706,000; 2019 AED 3,543,958; 2021 AED 5,000,000; 2022 AED 4,675,567; 2024 AED 5,197,500; 2025 AED 5,500,000; 2026 AED 7,400,000Sold by developer, March 2013: AED 9,800,000 (AED 3,263 per sqft)Sold, March 2017: AED 7,200,000 (AED 2,397 per sqft)

2322 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2322, each contractTypical three-bed in Palazzo Versace
200K300K400K2016201920222025Typical rent by year: 2016 AED 315,000; 2017 AED 335,000; 2018 AED 310,000; 2019 AED 257,500; 2020 AED 235,000; 2021 AED 238,457; 2022 AED 350,000; 2023 AED 397,500; 2024 AED 435,000; 2025 AED 405,000; 2026 AED 422,500New contract, July 2022: AED 360,000 a yearNew contract, January 2025: AED 447,594 a yearNew contract, January 2025: AED 447,594 a year

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

3-beds in Palazzo Versace, and where 2322 sits

All 65 3-beds →

2322 last sold in March 2017 at AED 2,397 per sqft, in line with what three-beds in Palazzo Versace were fetching at the time (AED 2,397). Over the last 12 months three-beds sold for AED 3,574,440 to 10,400,000, around AED 2,051 per sqft, and rent for AED 300,000 to 800,000 a year. 2322's AED 447,594 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
5 Oct 202610,400,000
6 Jul 20264,250,000
12 Feb 20265,800,000
11 Feb 20269,000,000
5 3-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 3rd floor

All 166 units in Palazzo Versace
Value
13012-bedAED 6.7M · Feb 2014
13023-bedAED 5.26M · Sep 2012
13032-bedAED 4.8M · Mar 2016
13042-bedAED 3M · Jan 2021
13054-bedAED 8.13M · Jul 2025
13062-bedAED 4.29M · Feb 2013
13072-bedAED 4.73M · Apr 2013
1–7 of 23

2322, Palazzo Versace in numbers

  • Sold twice: first on 20 March 2013 for AED 9,800,000, last on 15 March 2017 for AED 7,200,000 (AED 2,397 per sqft).
  • Rented since July 2022 on 3 Ejari contracts, from AED 360,000 to AED 447,594 a year.
  • At AED 447,594 a year the gross yield on the 2017 price is 6.2%.
  • Three-beds in Palazzo Versace sold for AED 3,574,440–10,400,000 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 14 January 2025.

Questions about 2322, Palazzo Versace

What did unit 2322 last sell for?

AED 7,200,000 on 15 March 2017: AED 2,397 per sqft for 3,003 sqft. The unit has 2 registered sales; the first was AED 9,800,000 in March 2013.

What is the rent for unit 2322?

AED 447,594 a year on the contract signed on 14 January 2025. The previous contract, from January 2025, was AED 447,594; the unit has been rented since July 2022.

How big is unit 2322?

3,003 sqft (279.0 sqm): a three-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2015.

What is unit 2322 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Palazzo Versace sold for AED 3,574,440 to 10,400,000 in the last 12 months, around AED 2,051 per sqft.

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Mortgage on 2322, Palazzo Versace

Starts from the last sale price (AED 7.2M, 15 March 2017). Switch to today's estimate once you have unlocked it.
Price
AED 7,200,000
Deposit, UAE resident (20%)
AED 1,440,000
Deposit, non-resident (40%)
AED 2,880,000
Monthly over 25 years at 3.7%
AED 29,457

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