2422, Palazzo Versace
Sold prices and rental history: sold once, by the developer in September 2015, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2422, Palazzo Versace
What is 2422 worth today?
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Source: Dubai Land Department. Updated 1 June 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 2,986 sqft
- Floor
- 4th of 8
- Parking
- B2-E169, B2-E170
- Developer
- Emirates PV Dubai
- Completed
- 2015
- Last sold
- AED 12.32M · September 2015
- Building
- Palazzo Versace
About 2422, Palazzo Versace
2422 is a three-bedroom apartment of 2,986 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 13 September 2015 for AED 12,320,000, or AED 4,125 per sqft, 21% above the AED 3,413 three-beds in the building were fetching at the time.
It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 1 June 2023, is AED 425,000 a year: a gross yield of 3.5% on the 2015 price.
Sales and rents for 2422 over time
2422 has sold once; the dashed line is the three-bed median of each year in the building.
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 2422 sits
All 65 3-beds →2422 last sold in September 2015 at AED 4,125 per sqft, 21% above what three-beds in Palazzo Versace were fetching at the time (AED 3,413). 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. 2422's AED 425,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Oct 20265 October 2026 | 5,069 sqft | 10,400,000 | 2,051 | ||
| 6 Jul 20266 July 2026 | 2,239 sqft | 4,250,000 | 1,897 | ||
| 12 Feb 202612 February 2026 | 2,238 sqft | 5,800,000 | 2,591 | ||
| 11 Feb 202611 February 2026 | 3,799 sqft | 9,000,000 | 2,369 |
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 4th floor
All 166 units in Palazzo Versace| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 2-bed | 2,038 sqft | AED 11.83MAED 11,829,600 · Feb 2009February 2009 | 215,000 /yr | |
| 1402 | 3-bed | 334 sqft | AED 18.23MAED 18,232,161 · Feb 2009February 2009 | 350,000 /yr | |
| 1403 | 2-bed | 1,764 sqft | AED 3.2MAED 3,200,000 · Aug 2023August 2023 | 160,000 /yr | |
| 1405 | 4-bed | 5,016 sqft | AED 9MAED 9,000,000 · Aug 2019August 2019 | ||
| 1406 | 2-bed | 1,685 sqft | AED 4.21MAED 4,207,375 · Oct 2012October 2012 | 165,000 /yr | |
| 1407 | 2-bed | 1,686 sqft | AED 4.34MAED 4,337,500 · Nov 2012November 2012 | 235,000 /yr | |
| 1408 | 3-bed | 2,239 sqft | AED 6.26MAED 6,261,300 · Mar 2013March 2013 | 390,000 /yr | |
| 1409 | 3-bed | 3,782 sqft | AED 11.98MAED 11,984,600 · Dec 2013December 2013 | ||
| 1410 | 3-bed | 2,986 sqft | AED 9.8MAED 9,803,558 · Sep 2015September 2015 | 400,000 /yr | |
| 1411 | 2-bed | 2,017 sqft | AED 6.68MAED 6,678,400 · Jun 2014June 2014 | 250,000 /yr | |
| 1412 | 2-bed | 1,088 sqft | AED 1.08MAED 1,078,868 · Sep 2019September 2019 | 165,000 /yr | |
| 2413 | 2-bed | 2,038 sqft | AED 7.07MAED 7,070,000 · Feb 2015February 2015 | 270,000 /yr | |
| 2414 | 3-bed | 2,238 sqft | AED 4.77MAED 4,770,000 · Jun 2024June 2024 | 425,000 /yr | |
| 2415 | 2-bed | 1,764 sqft | AED 3.06MAED 3,060,000 · Aug 2018August 2018 | 235,000 /yr | |
| 2416 | 2-bed | 1,763 sqft | AED 3.02MAED 3,015,526 · Dec 2025December 2025 | 150,000 /yr | |
| 2417 | 4-bed | 5,016 sqft | AED 13MAED 13,000,000 · Dec 2024December 2024 | 650,000 /yr | |
| 2418 | 2-bed | 1,685 sqft | AED 3.8MAED 3,800,000 · Apr 2025April 2025 | 145,000 /yr | |
| 2419 | 2-bed | 1,686 sqft | AED 7.11MAED 7,106,220 · Feb 2009February 2009 | 235,000 /yr | |
| 2420 | 3-bed | 2,239 sqft | AED 4.25MAED 4,250,000 · Jul 2026July 2026 | 320,000 /yr | |
| 2421 | 3-bed | 3,782 sqft | AED 8.28MAED 8,275,350 · Sep 2012September 2012 | 465,000 /yr | |
| 2423 | 2-bed | 2,017 sqft | No registered sale | 120,000 /yr | |
| 2424 | 2-bed | 2,017 sqft | AED 4.2MAED 4,200,000 · May 2024May 2024 | 35,000 /yr |
2422, Palazzo Versace in numbers
- Sold once: by Emirates PV Dubai on 13 September 2015 for AED 12,320,000, or AED 4,125 per sqft.
- Rented since June 2018 on 3 Ejari contracts, from AED 304,577 to AED 425,000 a year.
- At AED 425,000 a year the gross yield on the 2015 price is 3.5%.
- 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 1 June 2023.
Questions about 2422, Palazzo Versace
What did unit 2422 last sell for?
AED 12,320,000 on 13 September 2015, sold by the developer: AED 4,125 per sqft for 2,986 sqft. It is the only registered sale of the unit.
What is the rent for unit 2422?
AED 425,000 a year on the contract signed on 1 June 2023. The previous contract, from October 2021, was AED 306,667; the unit has been rented since June 2018.
How big is unit 2422?
2,986 sqft (277.4 sqm): a three-bedroom apartment on the 4th floor of a 8-storey tower completed in 2015.
What is unit 2422 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 2422, Palazzo Versace
Starts from the last sale price (AED 12.32M, 13 September 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 12,320,000
- Deposit, UAE resident (20%)
- AED 2,464,000
- Deposit, non-resident (40%)
- AED 4,928,000
- Monthly over 25 years at 3.7%
- AED 50,405
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →