4-bed · 5,001 sqftPalazzo Versace, Culture Village · 6th floor · completed 2015

2617, Palazzo Versace

Sold prices and rental history: sold twice, last in July 2014, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2617 · DLD and Ejari recordsUpdated 18 September 2025
Last soldAED 20M7 July 2014
Current rentAED 715K /yr18 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2617, Palazzo Versace

What is 2617 worth today?

Last sold for AED 20,000,000 in 2014

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18 Sep 2025RentedRenewal
AED 715,000/yr12 months · AED 143 per sqft
18 Sep 2024RentedNew contract
AED 715,000/yr12 months · AED 143 per sqft
25 Jun 2023RentedRenewal
AED 625,000/yr12 months · AED 125 per sqft
25 Jun 2022RentedRenewal
AED 625,000/yr12 months · AED 125 per sqft
25 Jun 2021RentedNew contract
AED 625,000/yr12 months · AED 125 per sqft
7 Jul 2014SoldOff-plan
AED 20,000,000AED 3,999 per sqft
24 Apr 2012Sold by developerOff-plan
AED 15,000,000AED 2,999 per sqft

Source: Dubai Land Department. Updated 18 September 2025.

Key facts

Type
4-bed apartment
Size
5,001 sqft
Floor
6th of 8
Parking
B2-E183, B2-E184, B2-E185
Developer
Emirates PV Dubai
Completed
2015
Last sold
AED 20M · July 2014

About 2617, Palazzo Versace

2617 is a four-bedroom apartment of 5,001 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 7 July 2014 for AED 20,000,000, or AED 3,999 per sqft, in line with the AED 3,954 four-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 18 September 2025, is AED 715,000 a year: a gross yield of 3.6% on the 2014 price.

Sales and rents for 2617 over time

Sales
Unit 2617, each saleTypical four-bed in Palazzo Versace
10M20M20092013201720212025Typical sale price by year: 2009 AED 16,055,500; 2012 AED 11,697,500; 2013 AED 15,849,250; 2018 AED 11,000,000; 2019 AED 6,755,000; 2021 AED 10,000,000; 2023 AED 12,500,000; 2024 AED 13,500,000Sold by developer, April 2012: AED 15,000,000 (AED 2,999 per sqft)Sold, July 2014: AED 20,000,000 (AED 3,999 per sqft)

2617 has sold twice; the dashed line is the four-bed median of each year in the building.

Rents
Unit 2617, each contractTypical four-bed in Palazzo Versace
400K600K201820212024Typical rent by year: 2018 AED 365,000; 2019 AED 360,001; 2020 AED 350,000; 2021 AED 405,000; 2022 AED 650,000; 2023 AED 625,000; 2024 AED 715,000; 2025 AED 707,500New contract, June 2021: AED 625,000 a yearRenewal, June 2022: AED 625,000 a yearRenewal, June 2023: AED 625,000 a yearNew contract, September 2024: AED 715,000 a yearRenewal, September 2025: AED 715,000 a year

Annual rent on each registered contract; the dashed line is the four-bed median of each year in the building.

4-beds in Palazzo Versace, and where 2617 sits

All 17 4-beds →

2617 last sold in July 2014 at AED 3,999 per sqft, in line with what four-beds in Palazzo Versace were fetching at the time (AED 3,954). Over the last 12 months four-beds sold for AED 12,800,000, around AED 2,429 per sqft, and rent for AED 301,622 to 625,000 a year. 2617's AED 715,000 is at the top of that range.

Recent 4-bed salesUnit no.Price (AED)Summary
1 May 202612,800,000
22 Jul 20258,125,000
24 Dec 202413,500,000
20 Dec 202413,000,000
1 4-bed sale 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

2617, Palazzo Versace in numbers

  • Sold twice: first on 24 April 2012 for AED 15,000,000, last on 7 July 2014 for AED 20,000,000 (AED 3,999 per sqft).
  • Rented since June 2021 on 5 Ejari contracts, from AED 625,000 to AED 715,000 a year.
  • At AED 715,000 a year the gross yield on the 2014 price is 3.6%.
  • Four-beds in Palazzo Versace sold for AED 12,800,000–12,800,000 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 18 September 2025.

Questions about 2617, Palazzo Versace

What did unit 2617 last sell for?

AED 20,000,000 on 7 July 2014: AED 3,999 per sqft for 5,001 sqft. The unit has 2 registered sales; the first was AED 15,000,000 in April 2012.

What is the rent for unit 2617?

AED 715,000 a year on the contract renewed on 18 September 2025. The previous contract, from September 2024, was AED 715,000; the unit has been rented since June 2021.

How big is unit 2617?

5,001 sqft (464.6 sqm): a four-bedroom apartment on the 6th floor of a 8-storey tower completed in 2015.

What is unit 2617 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Palazzo Versace sold for AED 12,800,000 to 12,800,000 in the last 12 months, around AED 2,429 per sqft.

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Mortgage on 2617, Palazzo Versace

Starts from the last sale price (AED 20M, 7 July 2014). Switch to today's estimate once you have unlocked it.
Price
AED 20,000,000
Deposit, UAE resident (20%)
AED 4,000,000
Deposit, non-resident (40%)
AED 8,000,000
Monthly over 25 years at 3.7%
AED 81,826

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