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2-bed · 2,017 sqftPalazzo Versace, Culture Village · 4th floor · completed 2015

2424, Palazzo Versace

Sold prices and rental history: sold twice, last in May 2024, and rented once, from May 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2424 · DLD and Ejari recordsUpdated 30 May 2025
Last soldAED 4.2M20 May 2024
Current rentAED 35K /yr30 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2424, Palazzo Versace

What is 2424 worth today?

Last sold for AED 4,200,000 in 2024

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30 May 2025RentedNew contract · flagged as an outlier
AED 35,000/yr12 months · AED 17 per sqft
20 May 2024SoldReady
AED 4,200,000AED 2,082 per sqft
14 Oct 2021Sold by developerReady
AED 2,891,662AED 1,433 per sqft

Source: Dubai Land Department. Updated 30 May 2025.

Key facts

Type
2-bed apartment
Size
2,017 sqft
Floor
4th of 8
Parking
B2-E167, B2-E168
Developer
Emirates PV Dubai
Completed
2015
Last sold
AED 4.2M · May 2024
Building
Palazzo Versace

About 2424, Palazzo Versace

2424 is a two-bedroom apartment of 2,017 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 May 2024 for AED 4,200,000, or AED 2,082 per sqft, 10% above the AED 1,897 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 30 May 2025. The current contract, signed on 30 May 2025, is AED 35,000 a year: a gross yield of 0.8% on the 2024 price.

Sales and rents for 2424 over time

Sales
Unit 2424, 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, October 2021: AED 2,891,662 (AED 1,433 per sqft)Sold, May 2024: AED 4,200,000 (AED 2,082 per sqft)

2424 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2424, 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 231,000

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 2424 sits

All 77 2-beds →

2424 last sold in May 2024 at AED 2,082 per sqft, 10% above what two-beds in Palazzo Versace were fetching at the time (AED 1,897). 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. 2424's AED 35,000 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

2424, Palazzo Versace in numbers

  • Sold twice: first on 14 October 2021 for AED 2,891,662, last on 20 May 2024 for AED 4,200,000 (AED 2,082 per sqft).
  • Rented since May 2025 on one Ejari contract, at AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2024 price is 0.8%.
  • 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 30 May 2025.

Questions about 2424, Palazzo Versace

What did unit 2424 last sell for?

AED 4,200,000 on 20 May 2024: AED 2,082 per sqft for 2,017 sqft. The unit has 2 registered sales; the first was AED 2,891,662 in October 2021.

What is the rent for unit 2424?

AED 35,000 a year on the contract signed on 30 May 2025.

How big is unit 2424?

2,017 sqft (187.4 sqm): a two-bedroom apartment on the 4th floor of a 8-storey tower completed in 2015.

What is unit 2424 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 2424, Palazzo Versace

Starts from the last sale price (AED 4.2M, 20 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,200,000
Deposit, UAE resident (20%)
AED 840,000
Deposit, non-resident (40%)
AED 1,680,000
Monthly over 25 years at 3.7%
AED 17,184

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