2-bed · 1,764 sqftPalazzo Versace, Culture Village · 5th floor · completed 2015

2515, Palazzo Versace

Sold prices and rental history: sold 4 times, last in May 2025, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2515 · DLD and Ejari recordsUpdated 17 May 2025
Last soldAED 4M17 May 2025
Current rentAED 280K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2515, Palazzo Versace

What is 2515 worth today?

Last sold for AED 4,000,000 in 2025

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17 May 2025SoldReady
AED 4,000,000AED 2,268 per sqft
1 Oct 2024RentedNew contract
AED 280,000/yr12 months · AED 159 per sqft
26 Dec 2021SoldReady
AED 3,575,000AED 2,027 per sqft
26 Dec 2021RentedNew contract
AED 60,000/yr12 months · AED 34 per sqft
25 Nov 2013SoldOff-plan
AED 5,660,800AED 3,209 per sqft
26 Feb 2009Sold by developerOff-plan
AED 7,785,000AED 4,414 per sqft

Source: Dubai Land Department. Updated 17 May 2025.

Key facts

Type
2-bed apartment
Size
1,764 sqft
Floor
5th of 8
Parking
B2-E147, B2-E162
Developer
Emirates PV Dubai
Completed
2015
Last sold
AED 4M · May 2025

About 2515, Palazzo Versace

2515 is a two-bedroom apartment of 1,764 sqft on the 5th floor of Palazzo Versace, a 8-storey tower in Culture Village completed in 2015 by Emirates PV Dubai. It last sold on 17 May 2025 for AED 4,000,000, or AED 2,268 per sqft, 8% above the AED 2,092 two-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 1 October 2024, is AED 280,000 a year: a gross yield of 7.0% on the 2025 price.

Sales and rents for 2515 over time

Sales
Unit 2515, 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 7,785,000 (AED 4,414 per sqft)Sold, November 2013: AED 5,660,800 (AED 3,209 per sqft)Sold, December 2021: AED 3,575,000 (AED 2,027 per sqft)Sold, May 2025: AED 4,000,000 (AED 2,268 per sqft)

2515 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2515, each contractTypical two-bed in Palazzo Versace
100K200K300K2016201920222025Typical 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 2021: AED 60,000 a yearNew contract, October 2024: AED 280,000 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 2515 sits

All 77 2-beds →

2515 last sold in May 2025 at AED 2,268 per sqft, 8% above what two-beds in Palazzo Versace were fetching at the time (AED 2,092). 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. 2515's AED 280,000 is in the upper half 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 5th floor

All 166 units in Palazzo Versace
Value
15012-bedAED 4M · Aug 2026
15023-bedAED 5.8M · Feb 2026
15032-bedAED 3.55M · Jun 2022
15042-bedAED 3.3M · Oct 2025
15054-bedAED 12.79M · Sep 2012
15062-bedAED 3.58M · Feb 2024
15072-bedAED 5.08M · May 2014
1–7 of 23

2515, Palazzo Versace in numbers

  • Sold 4 times: first on 26 February 2009 for AED 7,785,000, last on 17 May 2025 for AED 4,000,000 (AED 2,268 per sqft).
  • Rented since December 2021 on 2 Ejari contracts, from AED 60,000 to AED 280,000 a year.
  • At AED 280,000 a year the gross yield on the 2025 price is 7.0%.
  • 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 17 May 2025.

Questions about 2515, Palazzo Versace

What did unit 2515 last sell for?

AED 4,000,000 on 17 May 2025: AED 2,268 per sqft for 1,764 sqft. The unit has 4 registered sales; the first was AED 7,785,000 in February 2009.

What is the rent for unit 2515?

AED 280,000 a year on the contract signed on 1 October 2024. The previous contract, from December 2021, was AED 60,000.

How big is unit 2515?

1,764 sqft (163.9 sqm): a two-bedroom apartment on the 5th floor of a 8-storey tower completed in 2015.

What is unit 2515 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 2515, Palazzo Versace

Starts from the last sale price (AED 4M, 17 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 4,000,000
Deposit, UAE resident (20%)
AED 800,000
Deposit, non-resident (40%)
AED 1,600,000
Monthly over 25 years at 3.7%
AED 16,365

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