2806, Palazzo Versace
Sold prices and rental history: sold once, by the developer in November 2012, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2806, Palazzo Versace
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Source: Dubai Land Department. Updated 14 December 2020.
Key facts
- Type
- 1-bed apartment
- Size
- 1,548 sqft
- Floor
- 8th of 8
- Parking
- B1M-E025
- Developer
- Emirates PV Dubai
- Completed
- 2015
- Last sold
- AED 4.5M · November 2012
- Building
- Palazzo Versace
About 2806, Palazzo Versace
2806 is a one-bedroom apartment of 1,548 sqft on the 8th floor of Palazzo Versace, a 8-storey tower in Culture Village completed in 2015 by Emirates PV Dubai. The developer sold it on 14 November 2012 for AED 4,500,000, or AED 2,906 per sqft.
It has been rented since 2018 on 2 Ejari contracts. The current contract, signed on 14 December 2020, is AED 150,000 a year: a gross yield of 3.3% on the 2012 price.
1-beds in Palazzo Versace, and where 2806 sits
All 2 1-beds →| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Mar 201617 March 2016 | 1,548 sqft | 3,870,000 | 2,499 | ||
| 4 Apr 20134 April 2013 | 1,548 sqft | 4,606,000 | 2,974 |
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 8th floor
All 166 units in Palazzo Versace| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1801 | 1-bed | 1,548 sqft | AED 3.87MAED 3,870,000 · Mar 2016March 2016 | 210,000 /yr | |
| 1802 | 3-bed | 3,213 sqft | AED 11MAED 11,000,000 · Jun 2014June 2014 | 450,000 /yr | |
| 1803 | 3-bed | 3,013 sqft | AED 9MAED 9,000,000 · Feb 2013February 2013 | ||
| 1804 | 2-bed | 1,132 sqft | AED 1.68MAED 1,682,900 · Jul 2018July 2018 | ||
| 1805 | 2-bed | 2,016 sqft | AED 2MAED 2,000,000 · Sep 2019September 2019 | 190,000 /yr | |
| 2807 | 3-bed | 3,213 sqft | AED 6.85MAED 6,850,000 · May 2025May 2025 | 30,000 /yr | |
| 2808 | 3-bed | 3,015 sqft | AED 5.4MAED 5,400,000 · Jan 2024January 2024 | 425,000 /yr | |
| 2809 | 2-bed | 2,018 sqft | AED 2.05MAED 2,050,000 · Jan 2021January 2021 | 250,000 /yr | |
| 2810 | 2-bed | 2,016 sqft | AED 2.05MAED 2,050,000 · Jan 2021January 2021 | 250,000 /yr |
2806, Palazzo Versace in numbers
- Sold once: by Emirates PV Dubai on 14 November 2012 for AED 4,500,000, or AED 2,906 per sqft.
- Rented since September 2018 on 2 Ejari contracts, at AED 150,000 a year.
- At AED 150,000 a year the gross yield on the 2012 price is 3.3%.
Source: Dubai Land Department. Updated 14 December 2020.
Questions about 2806, Palazzo Versace
What did unit 2806 last sell for?
AED 4,500,000 on 14 November 2012, sold by the developer: AED 2,906 per sqft for 1,548 sqft. It is the only registered sale of the unit.
What is the rent for unit 2806?
AED 150,000 a year on the contract signed on 14 December 2020. The previous contract, from September 2018, was AED 150,000.
How big is unit 2806?
1,548 sqft (143.8 sqm): a one-bedroom apartment on the 8th floor of a 8-storey tower completed in 2015.
What is unit 2806 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 2806, Palazzo Versace
Starts from the last sale price (AED 4.5M, 14 November 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 4,500,000
- Deposit, UAE resident (20%)
- AED 900,000
- Deposit, non-resident (40%)
- AED 1,800,000
- Monthly over 25 years at 3.7%
- AED 18,411
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →