2-bed · 2,021 sqftPalazzo Versace, Culture Village · 7th floor · completed 2015

2720, Palazzo Versace

Sold prices and rental history: sold twice, last in December 2024, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2720 · DLD and Ejari recordsUpdated 1 March 2026
Last soldAED 3.9M30 December 2024
Current rentAED 267K /yr1 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2720, Palazzo Versace

What is 2720 worth today?

Last sold for AED 3,900,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Mar 2026RentedRenewal
AED 266,500/yr12 months · AED 132 per sqft
1 Mar 2025RentedNew contract
AED 260,000/yr12 months · AED 128 per sqft
1 Mar 2025RentedNew contract
AED 260,000/yr12 months · AED 128 per sqft
30 Dec 2024SoldReady
AED 3,900,000AED 1,929 per sqft
17 Oct 2021Sold by developerReady
AED 2,938,248AED 1,453 per sqft

Source: Dubai Land Department. Updated 1 March 2026.

Key facts

Type
2-bed apartment
Size
2,021 sqft
Floor
7th of 8
Parking
B1M-E036, B1M-E037
Developer
Emirates PV Dubai
Completed
2015
Last sold
AED 3.9M · December 2024

About 2720, Palazzo Versace

2720 is a two-bedroom apartment of 2,021 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 30 December 2024 for AED 3,900,000, or AED 1,929 per sqft, 7% below the AED 2,082 two-beds in the building were fetching at the time.

It has been rented since 2025 on 3 Ejari contracts. The current contract, renewed on 1 March 2026, is AED 266,500 a year: a gross yield of 6.8% on the 2024 price.

Sales and rents for 2720 over time

Sales
Unit 2720, 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, October 2021: AED 2,938,248 (AED 1,453 per sqft)Sold, December 2024: AED 3,900,000 (AED 1,929 per sqft)

2720 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2720, each contractTypical two-bed in Palazzo Versace
200K2016201920222025Typical 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, March 2025: AED 260,000 a yearNew contract, March 2025: AED 260,000 a yearRenewal, March 2026: AED 266,500 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 2720 sits

All 77 2-beds →

2720 last sold in December 2024 at AED 1,929 per sqft, 7% below what two-beds in Palazzo Versace were fetching at the time (AED 2,082). 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. 2720's AED 266,500 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 7th floor

All 166 units in Palazzo Versace
Value
17013-bedAED 3.4M · Jan 2022
17024-bedNo registered sale
17033-bedAED 12.84M · Jun 2016
17045-bedAED 21.3M · Dec 2023
17052-bedAED 11.79M · Jun 2016
17064-bedAED 9.2M · Mar 2023
17073-bedAED 9M · Feb 2026
1–7 of 19

2720, Palazzo Versace in numbers

  • Sold twice: first on 17 October 2021 for AED 2,938,248, last on 30 December 2024 for AED 3,900,000 (AED 1,929 per sqft).
  • Rented since March 2025 on 3 Ejari contracts, from AED 260,000 to AED 266,500 a year.
  • At AED 266,500 a year the gross yield on the 2024 price is 6.8%.
  • 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 1 March 2026.

Questions about 2720, Palazzo Versace

What did unit 2720 last sell for?

AED 3,900,000 on 30 December 2024: AED 1,929 per sqft for 2,021 sqft. The unit has 2 registered sales; the first was AED 2,938,248 in October 2021.

What is the rent for unit 2720?

AED 266,500 a year on the contract renewed on 1 March 2026. The previous contract, from March 2025, was AED 260,000; the unit has been rented since March 2025.

How big is unit 2720?

2,021 sqft (187.8 sqm): a two-bedroom apartment on the 7th floor of a 8-storey tower completed in 2015.

What is unit 2720 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.

Selling 2720? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 2720, Palazzo Versace

Starts from the last sale price (AED 3.9M, 30 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,900,000
Deposit, UAE resident (20%)
AED 780,000
Deposit, non-resident (40%)
AED 1,560,000
Monthly over 25 years at 3.7%
AED 15,956

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