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2-bed · 1,764 sqftPalazzo Versace, Culture Village · 6th floor · completed 2015

2615, Palazzo Versace

Sold prices and rental history: sold twice, last in May 2021, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2615 · DLD and Ejari recordsUpdated 30 September 2025
Last soldAED 3.4M9 May 2021
Current rentAED 150K /yr30 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2615, Palazzo Versace

What is 2615 worth today?

Last sold for AED 3,400,000 in 2021

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30 Sep 2025RentedNew contract
AED 150,000/yr12 months · AED 85 per sqft
23 Feb 2024RentedNew contract
AED 280,000/yr12 months · AED 159 per sqft
9 May 2021SoldReady
AED 3,400,000AED 1,927 per sqft
14 Aug 2017Sold by developerReady
AED 3,832,261AED 2,172 per sqft

Source: Dubai Land Department. Updated 30 September 2025.

Key facts

Type
2-bed apartment
Size
1,764 sqft
Floor
6th of 8
Parking
B1M-E007, B1M-E008
Developer
Emirates PV Dubai
Completed
2015
Last sold
AED 3.4M · May 2021
Building
Palazzo Versace

About 2615, Palazzo Versace

2615 is a two-bedroom apartment of 1,764 sqft on the 6th floor of Palazzo Versace, a 8-storey tower in Culture Village completed in 2015 by Emirates PV Dubai. It last sold on 9 May 2021 for AED 3,400,000, or AED 1,927 per sqft, 85% above the AED 1,041 two-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 30 September 2025, is AED 150,000 a year: a gross yield of 4.4% on the 2021 price.

Sales and rents for 2615 over time

Sales
Unit 2615, 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, August 2017: AED 3,832,261 (AED 2,172 per sqft)Sold, May 2021: AED 3,400,000 (AED 1,927 per sqft)

2615 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2615, each contractTypical two-bed in Palazzo Versace
200K300K2016201920222025Typical 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, February 2024: AED 280,000 a yearNew contract, September 2025: AED 150,000 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 2615 sits

All 77 2-beds →

2615 last sold in May 2021 at AED 1,927 per sqft, 85% above what two-beds in Palazzo Versace were fetching at the time (AED 1,041). 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. 2615's AED 150,000 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 6th floor

All 166 units in Palazzo Versace
Value
16012-bedAED 4.29M · Jul 2024
16023-bedAED 4.6M · Mar 2022
16032-bedAED 9.45M · Jan 2012
16042-bedAED 3.2M · Jan 2019
16054-bedAED 139K · Jan 2022
16062-bedAED 5.5M · Apr 2011
16072-bedAED 4.33M · Feb 2009
1–7 of 22

2615, Palazzo Versace in numbers

  • Sold twice: first on 14 August 2017 for AED 3,832,261, last on 9 May 2021 for AED 3,400,000 (AED 1,927 per sqft).
  • Rented since February 2024 on 2 Ejari contracts, from AED 280,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2021 price is 4.4%.
  • 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 September 2025.

Questions about 2615, Palazzo Versace

What did unit 2615 last sell for?

AED 3,400,000 on 9 May 2021: AED 1,927 per sqft for 1,764 sqft. The unit has 2 registered sales; the first was AED 3,832,261 in August 2017.

What is the rent for unit 2615?

AED 150,000 a year on the contract signed on 30 September 2025. The previous contract, from February 2024, was AED 280,000.

How big is unit 2615?

1,764 sqft (163.9 sqm): a two-bedroom apartment on the 6th floor of a 8-storey tower completed in 2015.

What is unit 2615 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 2615, Palazzo Versace

Starts from the last sale price (AED 3.4M, 9 May 2021). Switch to today's estimate once you have unlocked it.
Price
AED 3,400,000
Deposit, UAE resident (20%)
AED 680,000
Deposit, non-resident (40%)
AED 1,360,000
Monthly over 25 years at 3.7%
AED 13,910

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