3-bed · 3,003 sqftPalazzo Versace, Culture Village · 5th floor · completed 2015

2522, Palazzo Versace

Sold prices and rental history: no registered sale, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2522 · DLD and Ejari recordsUpdated 24 September 2022
Current rentAED 300K /yr24 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2522, Palazzo Versace

What is 2522 worth today?

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24 Sep 2022RentedRenewal
AED 300,000/yr3 months · AED 100 per sqft
22 Sep 2021RentedRenewal
AED 240,663/yr12 months · AED 80 per sqft
24 Sep 2020RentedNew contract
AED 226,216/yr12 months · AED 75 per sqft
5 Oct 2019RentedRenewal
AED 315,863/yr6 months · AED 105 per sqft
5 Oct 2018RentedRenewal
AED 315,000/yr12 months · AED 105 per sqft
5 Oct 2017RentedNew contract
AED 350,000/yr12 months · AED 117 per sqft

Source: Dubai Land Department. Updated 24 September 2022.

Key facts

Type
3-bed apartment
Size
3,003 sqft
Floor
5th of 8
Parking
B2-E150, B2-E151
Developer
Emirates PV Dubai
Completed
2015
Last sold
No registered sale

About 2522, Palazzo Versace

2522 is a three-bedroom apartment of 3,003 sqft on the 5th floor of Palazzo Versace, a 8-storey tower in Culture Village completed in 2015 by Emirates PV Dubai. No sale of the unit is registered with the Dubai Land Department.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 24 September 2022, is AED 300,000 a year.

Sales and rents for 2522 over time

Sales
Unit 2522, each saleTypical three-bed in Palazzo Versace
5M10M2009201420192024Typical sale price by year: 2009 AED 12,841,100; 2012 AED 6,879,300; 2013 AED 8,041,188; 2014 AED 9,897,600; 2015 AED 12,400,000; 2016 AED 9,920,550; 2018 AED 4,706,000; 2019 AED 3,543,958; 2021 AED 5,000,000; 2022 AED 4,675,567; 2024 AED 5,197,500; 2025 AED 5,500,000; 2026 AED 7,400,000

No registered sale of 2522; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2522, each contractTypical three-bed in Palazzo Versace
200K300K400K2016201920222025Typical rent by year: 2016 AED 315,000; 2017 AED 335,000; 2018 AED 310,000; 2019 AED 257,500; 2020 AED 235,000; 2021 AED 238,457; 2022 AED 350,000; 2023 AED 397,500; 2024 AED 435,000; 2025 AED 405,000; 2026 AED 422,500New contract, October 2017: AED 350,000 a yearRenewal, October 2018: AED 315,000 a yearRenewal, October 2019: AED 315,863 a yearNew contract, September 2020: AED 226,216 a yearRenewal, September 2021: AED 240,663 a yearRenewal, September 2022: AED 300,000 a year

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 2522 sits

All 65 3-beds →

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. 2522's AED 300,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
5 Oct 202610,400,000
6 Jul 20264,250,000
12 Feb 20265,800,000
11 Feb 20269,000,000
5 3-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

2522, Palazzo Versace in numbers

  • No sale of the unit is registered with the Dubai Land Department.
  • Rented since October 2017 on 6 Ejari contracts. The rent fell from AED 350,000 to AED 226,216 in 2020 and recovered to AED 300,000 by September 2022.
  • 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 24 September 2022.

Questions about 2522, Palazzo Versace

What is the rent for unit 2522?

AED 300,000 a year on the contract renewed on 24 September 2022. The previous contract, from September 2021, was AED 240,663; the unit has been rented since October 2017.

How big is unit 2522?

3,003 sqft (279.0 sqm): a three-bedroom apartment on the 5th floor of a 8-storey tower completed in 2015.

What is unit 2522 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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