3-bed · 3,821 sqftPalazzo Versace, Culture Village · 6th floor · completed 2015

2621, Palazzo Versace

Sold prices and rental history: sold twice, last in October 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2621 · DLD and Ejari recordsUpdated 30 May 2025
Last soldAED 8.36M1 October 2024
Current rentAED 50K /yr30 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2621, Palazzo Versace

What is 2621 worth today?

Last sold for AED 8,360,000 in 2024

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30 May 2025RentedNew contract · flagged as an outlier
AED 50,000/yr12 months · AED 13 per sqft
1 Oct 2024SoldReady
AED 8,360,000AED 2,187 per sqft
8 Jun 2023RentedRenewal
AED 395,000/yr12 months · AED 103 per sqft
8 Jun 2022RentedNew contract
AED 395,000/yr12 months · AED 103 per sqft
30 Dec 2020RentedNew contract
AED 268,000/yr12 months · AED 70 per sqft
29 Oct 2019RentedRenewal
AED 315,000/yr12 months · AED 82 per sqft
29 Oct 2018RentedRenewal
AED 325,000/yr12 months · AED 85 per sqft
29 Oct 2017RentedNew contract
AED 380,000/yr12 months · AED 99 per sqft

Source: Dubai Land Department. Updated 30 May 2025.

Key facts

Type
3-bed apartment
Size
3,821 sqft
Floor
6th of 8
Parking
B1M-E028, B1M-E029
Developer
Emirates PV Dubai
Completed
2015
Last sold
AED 8.36M · October 2024

About 2621, Palazzo Versace

2621 is a three-bedroom apartment of 3,821 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 1 October 2024 for AED 8,360,000, or AED 2,187 per sqft, in line with the AED 2,153 three-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 30 May 2025, is AED 50,000 a year: a gross yield of 0.6% on the 2024 price.

Sales and rents for 2621 over time

Sales
Unit 2621, 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 7,400,000Sold by developer, September 2012: AED 5,773,500 (AED 1,510 per sqft)Sold, October 2024: AED 8,360,000 (AED 2,187 per sqft)

2621 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2621, 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 380,000 a yearRenewal, October 2018: AED 325,000 a yearRenewal, October 2019: AED 315,000 a yearNew contract, December 2020: AED 268,000 a yearNew contract, June 2022: AED 395,000 a yearRenewal, June 2023: AED 395,000 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 2621 sits

All 65 3-beds →

2621 last sold in October 2024 at AED 2,187 per sqft, in line with what three-beds in Palazzo Versace were fetching at the time (AED 2,153). 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. 2621's AED 50,000 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 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

2621, Palazzo Versace in numbers

  • Sold twice: first on 24 September 2012 for AED 5,773,500, last on 1 October 2024 for AED 8,360,000 (AED 2,187 per sqft).
  • Rented since October 2017 on 7 Ejari contracts, from AED 380,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2024 price is 0.6%.
  • 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 30 May 2025.

Questions about 2621, Palazzo Versace

What did unit 2621 last sell for?

AED 8,360,000 on 1 October 2024: AED 2,187 per sqft for 3,821 sqft. The unit has 2 registered sales; the first was AED 5,773,500 in September 2012.

What is the rent for unit 2621?

AED 50,000 a year on the contract signed on 30 May 2025. The previous contract, from June 2023, was AED 395,000; the unit has been rented since October 2017.

How big is unit 2621?

3,821 sqft (355.0 sqm): a three-bedroom apartment on the 6th floor of a 8-storey tower completed in 2015.

What is unit 2621 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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Mortgage on 2621, Palazzo Versace

Starts from the last sale price (AED 8.36M, 1 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 8,360,000
Deposit, UAE resident (20%)
AED 1,672,000
Deposit, non-resident (40%)
AED 3,344,000
Monthly over 25 years at 3.7%
AED 34,203

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