5-bed · 12,936 sqftPalazzo Versace, Culture Village · 7th floor · completed 2015

2714, Palazzo Versace

Sold prices and rental history: sold twice, last in June 2016, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 2714 · DLD and Ejari recordsUpdated 1 October 2021

Last soldAED 28.95M23 June 2016

Current rentAED 390K /yr1 October 2021

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 2714, Palazzo Versace

Today

What is 2714 worth today?

Last sold for AED 28,952,200 in 2016

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1 Oct 2021

1 Oct 2021RentedRenewal

AED 390,000/yr12 months · AED 30 per sqft

1 Sep 2020

1 Sep 2020RentedNew contract

AED 390,000/yr13 months · AED 30 per sqft

23 Jun 2016

23 Jun 2016SoldReady

AED 28,952,200AED 2,238 per sqft

26 Feb 2009

26 Feb 2009Sold by developerOff-plan

AED 28,952,200AED 2,238 per sqft

Source: Dubai Land Department. Updated 1 October 2021.

Key facts

Type: 5-bed apartment
Size: 12,936 sqft
Floor: 7th of 8
Parking: B2-E135, B2-E136, B2-E137
Developer: Emirates PV Dubai
Completed: 2015
Last sold: AED 28.95M · June 2016
Building: Palazzo Versace

About 2714, Palazzo Versace

2714 is a five-bedroom apartment of 12,936 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 23 June 2016 for AED 28,952,200, or AED 2,238 per sqft.

It has been rented since 2020 on 2 Ejari contracts. The current contract, renewed on 1 October 2021, is AED 390,000 a year: a gross yield of 1.4% on the 2016 price.

5-beds in Palazzo Versace, and where 2714 sits

All 3 5-beds →

Palazzo Versace · all types2,051 /sqft

Recent 5-bed sales	Size	Price (AED)	Per sqft
14 Mar 202414 March 2024	10,678 sqft	20,000,000	1,872
28 Dec 202328 December 2023	12,937 sqft	21,300,000	1,646
23 Aug 201623 August 2016	12,937 sqft	20,000,000	1,545
16 Feb 201016 February 2010	10,678 sqft	25,300,000	2,369

0 5-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 7th floor

All 166 units in Palazzo Versace


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
2712	4-bed	4,717 sqft	AED 7.9MAED 7,900,000 · Apr 2023April 2023	600,000 /yr
2713	3-bed	3,944 sqft	AED 12.75MAED 12,748,581 · Jan 2012January 2012
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

1–7 of 19

2714, Palazzo Versace in numbers

Sold twice: first on 26 February 2009 for AED 28,952,200, last on 23 June 2016 for AED 28,952,200 (AED 2,238 per sqft).
Rented since September 2020 on 2 Ejari contracts, at AED 390,000 a year.
At AED 390,000 a year the gross yield on the 2016 price is 1.4%.

Source: Dubai Land Department. Updated 1 October 2021.

Questions about 2714, Palazzo Versace

What did unit 2714 last sell for?

AED 28,952,200 on 23 June 2016: AED 2,238 per sqft for 12,936 sqft. The unit has 2 registered sales; the first was AED 28,952,200 in February 2009.

What is the rent for unit 2714?

AED 390,000 a year on the contract renewed on 1 October 2021. The previous contract, from September 2020, was AED 390,000.

How big is unit 2714?

12,936 sqft (1201.8 sqm): a five-bedroom apartment on the 7th floor of a 8-storey tower completed in 2015.

What is unit 2714 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 2714, Palazzo Versace

Starts from the last sale price (AED 28.95M, 23 June 2016). Switch to today's estimate once you have unlocked it.

Price: AED 28,952,200
Deposit, UAE resident (20%): AED 5,790,440
Deposit, non-resident (40%): AED 11,580,880
Monthly over 25 years at 3.7%: AED 118,452

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