2712, Palazzo Versace
Sold prices and rental history: sold 5 times, last in April 2023, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2712, Palazzo Versace
What is 2712 worth today?
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Source: Dubai Land Department. Updated 19 April 2023.
Key facts
- Type
- 4-bed apartment
- Size
- 4,717 sqft
- Floor
- 7th of 8
- Parking
- B2-E132, B2-E133, B2-E134
- Developer
- Emirates PV Dubai
- Completed
- 2015
- Last sold
- AED 7.9M · April 2023
- Building
- Palazzo Versace
About 2712, Palazzo Versace
2712 is a four-bedroom apartment of 4,717 sqft on the 7th floor of Palazzo Versace, a 8-storey tower in Culture Village completed in 2015 by Emirates PV Dubai. It last sold on 19 April 2023 for AED 7,900,000, or AED 1,674 per sqft, 13% below the AED 1,929 four-beds in the building were fetching at the time.
It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 4 March 2021, is AED 600,000 a year: a gross yield of 7.6% on the 2023 price.
Sales and rents for 2712 over time
2712 has sold 5 times; the dashed line is the four-bed median of each year in the building.
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 2712 sits
All 17 4-beds →2712 last sold in April 2023 at AED 1,674 per sqft, 13% below what four-beds in Palazzo Versace were fetching at the time (AED 1,929). 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. 2712's AED 600,000 is in the upper half of that range.
| Recent 4-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 May 20261 May 2026 | 5,269 sqft | 12,800,000 | 2,429 | ||
| 22 Jul 202522 July 2025 | 5,032 sqft | 8,125,000 | 1,614 | ||
| 24 Dec 202424 December 2024 | 4,715 sqft | 13,500,000 | 2,862 | ||
| 20 Dec 202420 December 2024 | 5,016 sqft | 13,000,000 | 2,591 |
Palazzo Versace
Building166 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%
Other units on the 7th floor
All 166 units in Palazzo Versace| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1701 | 3-bed | 2,049 sqft | AED 3.4MAED 3,400,000 · Jan 2022January 2022 | 157,500 /yr | |
| 1702 | 4-bed | 4,717 sqft | No registered sale | 400,000 /yr | |
| 1703 | 3-bed | 3,944 sqft | AED 12.84MAED 12,841,100 · Jun 2016June 2016 | 241,500 /yr | |
| 1704 | 5-bed | 12,937 sqft | AED 21.3MAED 21,300,000 · Dec 2023December 2023 | 35,000 /yr | |
| 1705 | 2-bed | 3,720 sqft | AED 11.79MAED 11,794,000 · Jun 2016June 2016 | 200,000 /yr | |
| 1706 | 4-bed | 4,715 sqft | AED 9.2MAED 9,200,000 · Mar 2023March 2023 | 625,000 /yr | |
| 1707 | 3-bed | 3,799 sqft | AED 9MAED 9,000,000 · Feb 2026February 2026 | 300,000 /yr | |
| 1708 | 3-bed | 2,961 sqft | AED 7.91MAED 7,912,900 · Dec 2012December 2012 | 425,000 /yr | |
| 1709 | 2-bed | 2,014 sqft | AED 2MAED 2,000,000 · Sep 2019September 2019 | 245,000 /yr | |
| 1710 | 2-bed | 2,021 sqft | AED 3.47MAED 3,466,600 · Jun 2025June 2025 | 250,000 /yr | |
| 2711 | 2-bed | 2,049 sqft | AED 3.5MAED 3,500,000 · Jul 2026July 2026 | 192,000 /yr | |
| 2713 | 3-bed | 3,944 sqft | AED 12.75MAED 12,748,581 · Jan 2012January 2012 | ||
| 2714 | 5-bed | 12,936 sqft | AED 28.95MAED 28,952,200 · Jun 2016June 2016 | 390,000 /yr | |
| 2715 | 2-bed | 3,718 sqft | AED 3.87MAED 3,872,125 · Dec 2020December 2020 | 290,000 /yr | |
| 2716 | 4-bed | 4,715 sqft | AED 13.5MAED 13,500,000 · Dec 2024December 2024 | 301,622 /yr | |
| 2717 | 3-bed | 3,799 sqft | AED 8.28MAED 8,275,350 · Sep 2012September 2012 | 435,000 /yr | |
| 2718 | 3-bed | 2,961 sqft | AED 9.9MAED 9,897,600 · Jun 2014June 2014 | 384,300 /yr | |
| 2719 | 2-bed | 2,014 sqft | AED 7.93MAED 7,927,500 · Feb 2009February 2009 | 225,000 /yr | |
| 2720 | 2-bed | 2,021 sqft | AED 3.9MAED 3,900,000 · Dec 2024December 2024 | 266,500 /yr |
2712, Palazzo Versace in numbers
- Sold 5 times: first on 26 February 2009 for AED 16,055,500, last on 19 April 2023 for AED 7,900,000 (AED 1,674 per sqft).
- Rented since March 2019 on 3 Ejari contracts, from AED 370,000 to AED 600,000 a year.
- At AED 600,000 a year the gross yield on the 2023 price is 7.6%.
- 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 19 April 2023.
Questions about 2712, Palazzo Versace
What did unit 2712 last sell for?
AED 7,900,000 on 19 April 2023: AED 1,674 per sqft for 4,717 sqft. The unit has 5 registered sales; the first was AED 16,055,500 in February 2009.
What is the rent for unit 2712?
AED 600,000 a year on the contract signed on 4 March 2021. The previous contract, from November 2020, was AED 455,696; the unit has been rented since March 2019.
How big is unit 2712?
4,717 sqft (438.2 sqm): a four-bedroom apartment on the 7th floor of a 8-storey tower completed in 2015.
What is unit 2712 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 2712, Palazzo Versace
Starts from the last sale price (AED 7.9M, 19 April 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 7,900,000
- Deposit, UAE resident (20%)
- AED 1,580,000
- Deposit, non-resident (40%)
- AED 3,160,000
- Monthly over 25 years at 3.7%
- AED 32,321
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →