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2-bed · 2,021 sqftPalazzo Versace, Culture Village · 6th floor · completed 2015

2624, Palazzo Versace

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

Unit 2624 · DLD and Ejari recordsUpdated 4 December 2025
Last soldAED 2.74M17 January 2017
Current rentAED 250K /yr4 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2624, Palazzo Versace

What is 2624 worth today?

Last sold for AED 2,741,813 in 2017

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4 Dec 2025RentedNew contract
AED 250,000/yr12 months · AED 124 per sqft
30 May 2025RentedNew contract · flagged as an outlier
AED 28,000/yr12 months · AED 14 per sqft
27 May 2025RentedNew contract · flagged as an outlier
AED 25,000/yr12 months · AED 12 per sqft
15 May 2025RentedNew contract
AED 50,000/yr12 months · AED 25 per sqft
24 Apr 2024RentedNew contract
AED 190,000/yr12 months · AED 94 per sqft
24 Apr 2023RentedRenewal
AED 170,000/yr12 months · AED 84 per sqft
24 Apr 2022RentedRenewal
AED 150,000/yr12 months · AED 74 per sqft
24 Apr 2021RentedRenewal
AED 140,000/yr12 months · AED 69 per sqft

Source: Dubai Land Department. Updated 4 December 2025.

Key facts

Type
2-bed apartment
Size
2,021 sqft
Floor
6th of 8
Parking
B2-E163, B2-E164
Developer
Emirates PV Dubai
Completed
2015
Last sold
AED 2.74M · January 2017
Building
Palazzo Versace

About 2624, Palazzo Versace

2624 is a two-bedroom apartment of 2,021 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 17 January 2017 for AED 2,741,813, or AED 1,356 per sqft, 42% below the AED 2,350 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 12 Ejari contracts. The current contract, signed on 4 December 2025, is AED 250,000 a year: a gross yield of 9.1% on the 2017 price.

Sales and rents for 2624 over time

Sales
Unit 2624, 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, November 2013: AED 2,741,813 (AED 1,356 per sqft)Sold, January 2017: AED 2,741,813 (AED 1,356 per sqft)

2624 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2624, each contractTypical two-bed in Palazzo Versace
100K200K2016201920222025Typical 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, April 2017: AED 220,000 a yearNew contract, April 2018: AED 200,000 a yearNew contract, April 2019: AED 180,000 a yearRenewal, April 2020: AED 150,000 a yearRenewal, April 2021: AED 140,000 a yearRenewal, April 2022: AED 150,000 a yearRenewal, April 2023: AED 170,000 a yearNew contract, April 2024: AED 190,000 a yearNew contract, May 2025: AED 50,000 a yearNew contract, December 2025: AED 250,000 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 2624 sits

All 77 2-beds →

2624 last sold in January 2017 at AED 1,356 per sqft, 42% below what two-beds in Palazzo Versace were fetching at the time (AED 2,350). 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. 2624's AED 250,000 is in the upper half 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

2624, Palazzo Versace in numbers

  • Sold twice: first on 4 November 2013 for AED 2,741,813, last on 17 January 2017 for AED 2,741,813 (AED 1,356 per sqft).
  • Rented since April 2017 on 12 Ejari contracts. The rent fell from AED 220,000 to AED 25,000 in 2025 and recovered to AED 250,000 by December 2025.
  • At AED 250,000 a year the gross yield on the 2017 price is 9.1%.
  • 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 4 December 2025.

Questions about 2624, Palazzo Versace

What did unit 2624 last sell for?

AED 2,741,813 on 17 January 2017: AED 1,356 per sqft for 2,021 sqft. The unit has 2 registered sales; the first was AED 2,741,813 in November 2013.

What is the rent for unit 2624?

AED 250,000 a year on the contract signed on 4 December 2025. The previous contract, from May 2025, was AED 28,000; the unit has been rented since April 2017.

How big is unit 2624?

2,021 sqft (187.8 sqm): a two-bedroom apartment on the 6th floor of a 8-storey tower completed in 2015.

What is unit 2624 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 2624, Palazzo Versace

Starts from the last sale price (AED 2.74M, 17 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,741,813
Deposit, UAE resident (20%)
AED 548,363
Deposit, non-resident (40%)
AED 1,096,725
Monthly over 25 years at 3.7%
AED 11,218

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