3-bed · 2,238 sqftPalazzo Versace, Culture Village · 4th floor · completed 2015

2414, Palazzo Versace

Sold prices and rental history: sold 3 times, last in June 2024, and rented once, from February 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2414 · DLD and Ejari recordsUpdated 27 June 2024
Last soldAED 4.77M27 June 2024
Current rentAED 425K /yr2 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2414, Palazzo Versace

What is 2414 worth today?

Last sold for AED 4,770,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

27 Jun 2024SoldReady
AED 4,770,000AED 2,131 per sqft
2 Feb 2024RentedNew contract
AED 425,000/yr24 months · AED 190 per sqft
20 Dec 2021SoldReady
AED 5,000,000AED 2,234 per sqft
11 Sep 2012Sold by developerOff-plan
AED 4,921,350AED 2,199 per sqft

Source: Dubai Land Department. Updated 27 June 2024.

Key facts

Type
3-bed apartment
Size
2,238 sqft
Floor
4th of 8
Parking
B2-E176, B2-E177
Developer
Emirates PV Dubai
Completed
2015
Last sold
AED 4.77M · June 2024

About 2414, Palazzo Versace

2414 is a three-bedroom apartment of 2,238 sqft on the 4th floor of Palazzo Versace, a 8-storey tower in Culture Village completed in 2015 by Emirates PV Dubai. It last sold on 27 June 2024 for AED 4,770,000, or AED 2,131 per sqft, in line with the AED 2,131 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 2 February 2024. The current contract, signed on 2 February 2024, is AED 425,000 a year: a gross yield of 8.9% on the 2024 price.

Sales and rents for 2414 over time

Sales
Unit 2414, 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, September 2012: AED 4,921,350 (AED 2,199 per sqft)Sold, December 2021: AED 5,000,000 (AED 2,234 per sqft)Sold, June 2024: AED 4,770,000 (AED 2,131 per sqft)

2414 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2414, 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, February 2024: AED 425,000 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 2414 sits

All 65 3-beds →

2414 last sold in June 2024 at AED 2,131 per sqft, in line with what three-beds in Palazzo Versace were fetching at the time (AED 2,131). 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. 2414's AED 425,000 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 4th floor

All 166 units in Palazzo Versace
Value
14012-bedAED 11.83M · Feb 2009
14023-bedAED 18.23M · Feb 2009
14032-bedAED 3.2M · Aug 2023
14054-bedAED 9M · Aug 2019
14062-bedAED 4.21M · Oct 2012
14072-bedAED 4.34M · Nov 2012
14083-bedAED 6.26M · Mar 2013
1–7 of 22

2414, Palazzo Versace in numbers

  • Sold 3 times: first on 11 September 2012 for AED 4,921,350, last on 27 June 2024 for AED 4,770,000 (AED 2,131 per sqft).
  • Rented since February 2024 on one Ejari contract, at AED 425,000 a year.
  • At AED 425,000 a year the gross yield on the 2024 price is 8.9%.
  • 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 27 June 2024.

Questions about 2414, Palazzo Versace

What did unit 2414 last sell for?

AED 4,770,000 on 27 June 2024: AED 2,131 per sqft for 2,238 sqft. The unit has 3 registered sales; the first was AED 4,921,350 in September 2012.

What is the rent for unit 2414?

AED 425,000 a year on the contract signed on 2 February 2024.

How big is unit 2414?

2,238 sqft (207.9 sqm): a three-bedroom apartment on the 4th floor of a 8-storey tower completed in 2015.

What is unit 2414 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.

Selling 2414? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 2414, Palazzo Versace

Starts from the last sale price (AED 4.77M, 27 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,770,000
Deposit, UAE resident (20%)
AED 954,000
Deposit, non-resident (40%)
AED 1,908,000
Monthly over 25 years at 3.7%
AED 19,516

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