2-bed · 1,763 sqftPalazzo Versace, Culture Village · 6th floor · completed 2015

2616, Palazzo Versace

Sold prices and rental history: sold 5 times, last in October 2026, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2616 · DLD and Ejari recordsUpdated 5 October 2026
Last soldAED 3.6M5 October 2026
Current rentAED 260K /yr27 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2616, Palazzo Versace

What is 2616 worth today?

Last sold for AED 3,600,000 in 2026

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5 Oct 2026SoldReady
AED 3,600,000AED 2,041 per sqft
13 Jul 2026SoldReady
AED 3,880,000AED 2,200 per sqft
18 Feb 2026SoldReady
AED 3,880,000AED 2,200 per sqft
27 Dec 2024RentedNew contract
AED 260,000/yr12 months · AED 147 per sqft
27 Dec 2024RentedNew contract
AED 260,000/yr12 months · AED 147 per sqft
1 Jun 2022RentedRenewal
AED 240,000/yr12 months · AED 136 per sqft
1 Jun 2021RentedRenewal
AED 190,000/yr12 months · AED 108 per sqft
1 Jun 2020RentedRenewal
AED 160,000/yr12 months · AED 91 per sqft

Source: Dubai Land Department. Updated 5 October 2026.

Key facts

Type
2-bed apartment
Size
1,763 sqft
Floor
6th of 8
Parking
B1M-E009, B1M-E010
Developer
Emirates PV Dubai
Completed
2015
Last sold
AED 3.6M · October 2026

About 2616, Palazzo Versace

2616 is a two-bedroom apartment of 1,763 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 5 October 2026 for AED 3,600,000, or AED 2,041 per sqft, in line with the AED 2,041 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 27 December 2024, is AED 260,000 a year: a gross yield of 7.2% on the 2026 price.

Sales and rents for 2616 over time

Sales
Unit 2616, 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 2012: AED 3,950,000 (AED 2,239 per sqft)Sold, September 2018: AED 3,000,000 (AED 1,701 per sqft)Sold, February 2026: AED 3,880,000 (AED 2,200 per sqft)Sold, July 2026: AED 3,880,000 (AED 2,200 per sqft)Sold, October 2026: AED 3,600,000 (AED 2,041 per sqft)

2616 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2616, each contractTypical two-bed in Palazzo Versace
150K200K250K2016201920222025Typical 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, June 2017: AED 225,000 a yearNew contract, June 2018: AED 225,000 a yearRenewal, June 2019: AED 225,000 a yearRenewal, June 2020: AED 160,000 a yearRenewal, June 2021: AED 190,000 a yearRenewal, June 2022: AED 240,000 a yearNew contract, December 2024: AED 260,000 a yearNew contract, December 2024: AED 260,000 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 2616 sits

All 77 2-beds →

2616 last sold in October 2026 at AED 2,041 per sqft, in line with what two-beds in Palazzo Versace were fetching at the time (AED 2,041). 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. 2616's AED 260,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
2 Oct 20263,900,000
19 Aug 20264,000,000
22 Jul 20263,500,000
16 Jul 20264,000,000
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

2616, Palazzo Versace in numbers

  • Sold 5 times: first on 14 August 2012 for AED 3,950,000, last on 5 October 2026 for AED 3,600,000 (AED 2,041 per sqft).
  • Rented since June 2017 on 8 Ejari contracts. The rent fell from AED 225,000 to AED 160,000 in 2020 and recovered to AED 260,000 by December 2024.
  • At AED 260,000 a year the gross yield on the 2026 price is 7.2%.
  • 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 5 October 2026.

Questions about 2616, Palazzo Versace

What did unit 2616 last sell for?

AED 3,600,000 on 5 October 2026: AED 2,041 per sqft for 1,763 sqft. The unit has 5 registered sales; the first was AED 3,950,000 in August 2012.

What is the rent for unit 2616?

AED 260,000 a year on the contract signed on 27 December 2024. The previous contract, from December 2024, was AED 260,000; the unit has been rented since June 2017.

How big is unit 2616?

1,763 sqft (163.8 sqm): a two-bedroom apartment on the 6th floor of a 8-storey tower completed in 2015.

What is unit 2616 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 2616, Palazzo Versace

Starts from the last sale price (AED 3.6M, 5 October 2026). Switch to today's estimate once you have unlocked it.
Price
AED 3,600,000
Deposit, UAE resident (20%)
AED 720,000
Deposit, non-resident (40%)
AED 1,440,000
Monthly over 25 years at 3.7%
AED 14,729

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