2516, Palazzo Versace
Sold prices and rental history: sold once, by the developer in September 2014, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2516, Palazzo Versace
What is 2516 worth today?
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Source: Dubai Land Department. Updated 1 June 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,763 sqft
- Floor
- 5th of 8
- Parking
- B2-E160, B2-E161
- Developer
- Emirates PV Dubai
- Completed
- 2015
- Last sold
- AED 6.8M · September 2014
- Building
- Palazzo Versace
About 2516, Palazzo Versace
2516 is a two-bedroom apartment of 1,763 sqft on the 5th floor of Palazzo Versace, a 8-storey tower in Culture Village completed in 2015 by Emirates PV Dubai. The developer sold it on 29 September 2014 for AED 6,800,000, or AED 3,856 per sqft, 20% above the AED 3,216 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 1 June 2025, is AED 281,514 a year: a gross yield of 4.1% on the 2014 price.
Sales and rents for 2516 over time
2516 has sold once; the dashed line is the two-bed median of each year in the building.
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 2516 sits
All 77 2-beds →2516 last sold in September 2014 at AED 3,856 per sqft, 20% above what two-beds in Palazzo Versace were fetching at the time (AED 3,216). 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. 2516's AED 281,514 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Oct 20265 October 2026 | 1,763 sqft | 3,600,000 | 2,041 | ||
| 2 Oct 20262 October 2026 | 1,801 sqft | 3,900,000 | 2,165 | ||
| 19 Aug 202619 August 2026 | 2,038 sqft | 4,000,000 | 1,962 | ||
| 22 Jul 202622 July 2026 | 2,049 sqft | 3,500,000 | 1,708 |
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 5th floor
All 166 units in Palazzo Versace| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 2-bed | 2,038 sqft | AED 4MAED 4,000,000 · Aug 2026August 2026 | 306,146 /yr | |
| 1502 | 3-bed | 2,238 sqft | AED 5.8MAED 5,800,000 · Feb 2026February 2026 | 410,000 /yr | |
| 1503 | 2-bed | 1,764 sqft | AED 3.55MAED 3,550,000 · Jun 2022June 2022 | 250,000 /yr | |
| 1504 | 2-bed | 1,763 sqft | AED 3.3MAED 3,300,000 · Oct 2025October 2025 | 135,000 /yr | |
| 1505 | 4-bed | 5,035 sqft | AED 12.79MAED 12,792,500 · Sep 2012September 2012 | 325,000 /yr | |
| 1506 | 2-bed | 1,685 sqft | AED 3.58MAED 3,580,000 · Feb 2024February 2024 | 150,000 /yr | |
| 1507 | 2-bed | 1,686 sqft | AED 5.08MAED 5,077,600 · May 2014May 2014 | 235,000 /yr | |
| 1508 | 3-bed | 2,239 sqft | AED 5.6MAED 5,600,000 · May 2025May 2025 | 390,000 /yr | |
| 1509 | 3-bed | 3,808 sqft | AED 12.09MAED 12,093,100 · Apr 2014April 2014 | 240,000 /yr | |
| 1510 | 3-bed | 3,003 sqft | AED 6.26MAED 6,256,000 · May 2023May 2023 | 380,000 /yr | |
| 1511 | 2-bed | 2,021 sqft | AED 9.66MAED 9,659,750 · Feb 2009February 2009 | 240,000 /yr | |
| 1512 | 2-bed | 2,021 sqft | AED 4MAED 4,000,000 · Dec 2023December 2023 | 150,000 /yr | |
| 2513 | 2-bed | 2,038 sqft | AED 6.04MAED 6,035,040 · Sep 2013September 2013 | ||
| 2514 | 3-bed | 2,238 sqft | AED 8.5MAED 8,500,000 · Jul 2014July 2014 | ||
| 2515 | 2-bed | 1,764 sqft | AED 4MAED 4,000,000 · May 2025May 2025 | 280,000 /yr | |
| 2517 | 4-bed | 5,035 sqft | AED 19.5MAED 19,500,000 · Jul 2013July 2013 | 700,000 /yr | |
| 2518 | 2-bed | 1,685 sqft | AED 6.44MAED 6,436,610 · Jul 2013July 2013 | 85,000 /yr | |
| 2519 | 2-bed | 1,686 sqft | AED 1.79MAED 1,790,000 · Feb 2018February 2018 | 232,000 /yr | |
| 2520 | 3-bed | 2,239 sqft | AED 5.69MAED 5,692,500 · Sep 2012September 2012 | 340,000 /yr | |
| 2521 | 3-bed | 3,808 sqft | AED 8.28MAED 8,275,350 · Sep 2012September 2012 | 425,000 /yr | |
| 2522 | 3-bed | 3,003 sqft | No registered sale | 300,000 /yr | |
| 2523 | 2-bed | 2,021 sqft | AED 2.61MAED 2,605,000 · May 2019May 2019 | 231,000 /yr | |
| 2524 | 2-bed | 2,021 sqft | AED 4MAED 4,000,000 · Jan 2017January 2017 | 241,500 /yr |
2516, Palazzo Versace in numbers
- Sold once: by Emirates PV Dubai on 29 September 2014 for AED 6,800,000, or AED 3,856 per sqft.
- Rented since June 2018 on 7 Ejari contracts. The rent fell from AED 190,000 to AED 158,000 in 2020 and recovered to AED 281,514 by June 2025.
- At AED 281,514 a year the gross yield on the 2014 price is 4.1%.
- 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 1 June 2025.
Questions about 2516, Palazzo Versace
What did unit 2516 last sell for?
AED 6,800,000 on 29 September 2014, sold by the developer: AED 3,856 per sqft for 1,763 sqft. It is the only registered sale of the unit.
What is the rent for unit 2516?
AED 281,514 a year on the contract signed on 1 June 2025. The previous contract, from January 2024, was AED 353,933; the unit has been rented since June 2018.
How big is unit 2516?
1,763 sqft (163.8 sqm): a two-bedroom apartment on the 5th floor of a 8-storey tower completed in 2015.
What is unit 2516 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 2516, Palazzo Versace
Starts from the last sale price (AED 6.8M, 29 September 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 6,800,000
- Deposit, UAE resident (20%)
- AED 1,360,000
- Deposit, non-resident (40%)
- AED 2,720,000
- Monthly over 25 years at 3.7%
- AED 27,821
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →