2523, Palazzo Versace
Sold prices and rental history: sold once, by the developer in May 2019, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2523, Palazzo Versace
What is 2523 worth today?
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Source: Dubai Land Department. Updated 2 September 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 2,021 sqft
- Floor
- 5th of 8
- Parking
- B2-E148, B2-E149
- Developer
- Emirates PV Dubai
- Completed
- 2015
- Last sold
- AED 2.61M · May 2019
- Building
- Palazzo Versace
About 2523, Palazzo Versace
2523 is a two-bedroom apartment of 2,021 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 5 May 2019 for AED 2,605,000, or AED 1,289 per sqft, 24% below the AED 1,701 two-beds in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 2 September 2025, is AED 231,000 a year: a gross yield of 8.9% on the 2019 price.
Sales and rents for 2523 over time
2523 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 2523 sits
All 77 2-beds →2523 last sold in May 2019 at AED 1,289 per sqft, 24% below what two-beds in Palazzo Versace were fetching at the time (AED 1,701). 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. 2523's AED 231,000 is in the lower 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 | |
| 2516 | 2-bed | 1,763 sqft | AED 6.8MAED 6,800,000 · Sep 2014September 2014 | 281,514 /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 | |
| 2524 | 2-bed | 2,021 sqft | AED 4MAED 4,000,000 · Jan 2017January 2017 | 241,500 /yr |
2523, Palazzo Versace in numbers
- Sold once: by Emirates PV Dubai on 5 May 2019 for AED 2,605,000, or AED 1,289 per sqft.
- Rented since September 2024 on 2 Ejari contracts, from AED 220,000 to AED 231,000 a year.
- At AED 231,000 a year the gross yield on the 2019 price is 8.9%.
- 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 2 September 2025.
Questions about 2523, Palazzo Versace
What did unit 2523 last sell for?
AED 2,605,000 on 5 May 2019, sold by the developer: AED 1,289 per sqft for 2,021 sqft. It is the only registered sale of the unit.
What is the rent for unit 2523?
AED 231,000 a year on the contract renewed on 2 September 2025. The previous contract, from September 2024, was AED 220,000.
How big is unit 2523?
2,021 sqft (187.8 sqm): a two-bedroom apartment on the 5th floor of a 8-storey tower completed in 2015.
What is unit 2523 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 2523, Palazzo Versace
Starts from the last sale price (AED 2.61M, 5 May 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 2,605,000
- Deposit, UAE resident (20%)
- AED 521,000
- Deposit, non-resident (40%)
- AED 1,042,000
- Monthly over 25 years at 3.7%
- AED 10,658
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →