2-bed · 1,763 sqftPalazzo Versace, Culture Village · 4th floor · completed 2015

2416, Palazzo Versace

Sold prices and rental history: sold once, by the developer in December 2025, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2416 · DLD and Ejari recordsUpdated 22 December 2025
Last soldAED 3.02M22 December 2025
Current rentAED 150K /yr14 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2416, Palazzo Versace

What is 2416 worth today?

Last sold for AED 3,015,526 in 2025

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22 Dec 2025Sold by developerReady
AED 3,015,526AED 1,710 per sqft
14 Jul 2021RentedNew contract
AED 150,000/yr12 months · AED 85 per sqft
14 Jul 2020RentedNew contract
AED 128,571/yr14 months · AED 73 per sqft
12 Dec 2018RentedRenewal
AED 185,000/yr12 months · AED 105 per sqft
12 Dec 2017RentedNew contract
AED 210,000/yr12 months · AED 119 per sqft

Source: Dubai Land Department. Updated 22 December 2025.

Key facts

Type
2-bed apartment
Size
1,763 sqft
Floor
4th of 8
Parking
B1-E127, B1-E128
Developer
Emirates PV Dubai
Completed
2015
Last sold
AED 3.02M · December 2025

About 2416, Palazzo Versace

2416 is a two-bedroom apartment of 1,763 sqft on the 4th floor of Palazzo Versace, a 8-storey tower in Culture Village completed in 2015 by Emirates PV Dubai. The developer sold it on 22 December 2025 for AED 3,015,526, or AED 1,710 per sqft, 10% below the AED 1,900 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 14 July 2021, is AED 150,000 a year: a gross yield of 5.0% on the 2025 price.

Sales and rents for 2416 over time

Sales
Unit 2416, 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, December 2025: AED 3,015,526 (AED 1,710 per sqft)

2416 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2416, each contractTypical two-bed in Palazzo Versace
200K2016201920222025Typical 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, December 2017: AED 210,000 a yearRenewal, December 2018: AED 185,000 a yearNew contract, July 2020: AED 128,571 a yearNew contract, July 2021: AED 150,000 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 2416 sits

All 77 2-beds →

2416 last sold in December 2025 at AED 1,710 per sqft, 10% below what two-beds in Palazzo Versace were fetching at the time (AED 1,900). 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. 2416's AED 150,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
5 Oct 20263,600,000
2 Oct 20263,900,000
19 Aug 20264,000,000
22 Jul 20263,500,000
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 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

2416, Palazzo Versace in numbers

  • Sold once: by Emirates PV Dubai on 22 December 2025 for AED 3,015,526, or AED 1,710 per sqft.
  • Rented since December 2017 on 4 Ejari contracts. The rent fell from AED 210,000 to AED 128,571 in 2020 and recovered to AED 150,000 by July 2021.
  • At AED 150,000 a year the gross yield on the 2025 price is 5.0%.
  • 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 22 December 2025.

Questions about 2416, Palazzo Versace

What did unit 2416 last sell for?

AED 3,015,526 on 22 December 2025, sold by the developer: AED 1,710 per sqft for 1,763 sqft. It is the only registered sale of the unit.

What is the rent for unit 2416?

AED 150,000 a year on the contract signed on 14 July 2021. The previous contract, from July 2020, was AED 128,571; the unit has been rented since December 2017.

How big is unit 2416?

1,763 sqft (163.8 sqm): a two-bedroom apartment on the 4th floor of a 8-storey tower completed in 2015.

What is unit 2416 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 2416, Palazzo Versace

Starts from the last sale price (AED 3.02M, 22 December 2025). Switch to today's estimate once you have unlocked it.
Price
AED 3,015,526
Deposit, UAE resident (20%)
AED 603,105
Deposit, non-resident (40%)
AED 1,206,210
Monthly over 25 years at 3.7%
AED 12,337

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