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2-bed · 1,685 sqftPalazzo Versace, Culture Village · 4th floor · completed 2015

2418, Palazzo Versace

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

Unit 2418 · DLD and Ejari recordsUpdated 20 April 2025
Last soldAED 3.8M20 April 2025
Current rentAED 145K /yr5 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2418, Palazzo Versace

What is 2418 worth today?

Last sold for AED 3,800,000 in 2025

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20 Apr 2025SoldReady
AED 3,800,000AED 2,255 per sqft
5 Oct 2020RentedNew contract
AED 145,000/yr12 months · AED 86 per sqft
4 Jan 2020RentedNew contract
AED 150,000/yr12 months · AED 89 per sqft
19 May 2019RentedNew contract
AED 180,000/yr12 months · AED 107 per sqft
1 Feb 2019RentedNew contract
AED 170,000/yr12 months · AED 101 per sqft
15 Jan 2018RentedNew contract
AED 190,000/yr12 months · AED 113 per sqft
1 Mar 2017RentedNew contract
AED 235,000/yr12 months · AED 139 per sqft
25 Feb 2009Sold by developerOff-plan
AED 7,250,265AED 4,302 per sqft

Source: Dubai Land Department. Updated 20 April 2025.

Key facts

Type
2-bed apartment
Size
1,685 sqft
Floor
4th of 8
Parking
B2-E173, B2-E174
Developer
Emirates PV Dubai
Completed
2015
Last sold
AED 3.8M · April 2025
Building
Palazzo Versace

About 2418, Palazzo Versace

2418 is a two-bedroom apartment of 1,685 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 20 April 2025 for AED 3,800,000, or AED 2,255 per sqft, 8% above the AED 2,082 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 5 October 2020, is AED 145,000 a year: a gross yield of 3.8% on the 2025 price.

Sales and rents for 2418 over time

Sales
Unit 2418, 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, February 2009: AED 7,250,265 (AED 4,302 per sqft)Sold, April 2025: AED 3,800,000 (AED 2,255 per sqft)

2418 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2418, 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, March 2017: AED 235,000 a yearNew contract, January 2018: AED 190,000 a yearNew contract, February 2019: AED 170,000 a yearNew contract, May 2019: AED 180,000 a yearNew contract, January 2020: AED 150,000 a yearNew contract, October 2020: AED 145,000 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 2418 sits

All 77 2-beds →

2418 last sold in April 2025 at AED 2,255 per sqft, 8% above what two-beds in Palazzo Versace were fetching at the time (AED 2,082). 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. 2418's AED 145,000 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

2418, Palazzo Versace in numbers

  • Sold twice: first on 25 February 2009 for AED 7,250,265, last on 20 April 2025 for AED 3,800,000 (AED 2,255 per sqft).
  • Rented since March 2017 on 6 Ejari contracts, from AED 235,000 to AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2025 price is 3.8%.
  • 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 20 April 2025.

Questions about 2418, Palazzo Versace

What did unit 2418 last sell for?

AED 3,800,000 on 20 April 2025: AED 2,255 per sqft for 1,685 sqft. The unit has 2 registered sales; the first was AED 7,250,265 in February 2009.

What is the rent for unit 2418?

AED 145,000 a year on the contract signed on 5 October 2020. The previous contract, from January 2020, was AED 150,000; the unit has been rented since March 2017.

How big is unit 2418?

1,685 sqft (156.5 sqm): a two-bedroom apartment on the 4th floor of a 8-storey tower completed in 2015.

What is unit 2418 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 2418, Palazzo Versace

Starts from the last sale price (AED 3.8M, 20 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 3,800,000
Deposit, UAE resident (20%)
AED 760,000
Deposit, non-resident (40%)
AED 1,520,000
Monthly over 25 years at 3.7%
AED 15,547

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