4-bed · 5,269 sqftPalazzo Versace, Culture Village · 2nd floor · completed 2015

2217, Palazzo Versace

Sold prices and rental history: sold once, by the developer in September 2012, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2217 · DLD and Ejari recordsUpdated 17 September 2012
Last soldAED 11.7M17 September 2012
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2217, Palazzo Versace

What is 2217 worth today?

Last sold for AED 11,697,500 in 2012

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17 Sep 2012Sold by developerOff-plan
AED 11,697,500AED 2,219 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 17 September 2012.

Key facts

Type
4-bed apartment
Size
5,269 sqft
Floor
2nd of 8
Parking
B1-E081, B1-E082, B1-E083
Developer
Emirates PV Dubai
Completed
2015
Last sold
AED 11.7M · September 2012

About 2217, Palazzo Versace

2217 is a four-bedroom apartment of 5,269 sqft on the 2nd floor of Palazzo Versace, a 8-storey tower in Culture Village completed in 2015 by Emirates PV Dubai. The developer sold it on 17 September 2012 for AED 11,697,500, or AED 2,219 per sqft, in line with the AED 2,219 four-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2217 over time

Sales
Unit 2217, each saleTypical four-bed in Palazzo Versace
10M15M20092013201720212025Typical sale price by year: 2009 AED 16,055,500; 2012 AED 11,697,500; 2013 AED 15,849,250; 2018 AED 11,000,000; 2019 AED 6,755,000; 2021 AED 10,000,000; 2023 AED 12,500,000; 2024 AED 13,500,000Sold by developer, September 2012: AED 11,697,500 (AED 2,219 per sqft)

2217 has sold once; the dashed line is the four-bed median of each year in the building.

Rents
Unit 2217, each contractTypical four-bed in Palazzo Versace
400K600K2018202020222024Typical rent by year: 2018 AED 365,000; 2019 AED 360,001; 2020 AED 375,000; 2021 AED 400,000; 2022 AED 725,000; 2023 AED 625,000; 2024 AED 715,000

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 2217 sits

All 17 4-beds →

2217 last sold in September 2012 at AED 2,219 per sqft, in line with what four-beds in Palazzo Versace were fetching at the time (AED 2,219).

Recent 4-bed salesUnit no.Price (AED)Summary
22 Jul 20258,125,000
24 Dec 202413,500,000
20 Dec 202413,000,000
24 Oct 202415,250,000
0 4-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. 6 sold in the last 12 months.

Typical price per sqft
AED 2,044
Typical sale
AED 3.73M
Typical rent
AED 250K /yr
Typical yield
6.1%
Palazzo Versace, Culture Village: prices, sales and rents →

Other units on the 2nd floor

All 166 units in Palazzo Versace
Value
12012-bedAED 6.35M · Aug 2013
12023-bedAED 8.55M · Dec 2014
12032-bedAED 8.72M · Feb 2009
12042-bedAED 4.95M · Nov 2012
12054-bedAED 7.91M · Dec 2016
12062-bedAED 3.25M · Jan 2026
12072-bedAED 3.64M · Feb 2023
1–7 of 23

2217, Palazzo Versace in numbers

  • Sold once: by Emirates PV Dubai on 17 September 2012 for AED 11,697,500, or AED 2,219 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 17 September 2012.

Questions about 2217, Palazzo Versace

What did unit 2217 last sell for?

AED 11,697,500 on 17 September 2012, sold by the developer: AED 2,219 per sqft for 5,269 sqft. It is the only registered sale of the unit.

How big is unit 2217?

5,269 sqft (489.5 sqm): a four-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2015.

What is unit 2217 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 2217, Palazzo Versace

Starts from the last sale price (AED 11.7M, 17 September 2012). Switch to today's estimate once you have unlocked it.
Price
AED 11,697,500
Deposit, UAE resident (20%)
AED 2,339,500
Deposit, non-resident (40%)
AED 4,679,000
Monthly over 25 years at 3.7%
AED 47,858

Plus AED 496,305 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →