2-bed · 2,038 sqftPalazzo Versace, Culture Village · 3rd floor · completed 2015

2313, Palazzo Versace

Sold prices and rental history: sold twice, last in February 2016, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2313 · DLD and Ejari recordsUpdated 21 February 2016
Last soldAED 7.2M21 February 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2313, Palazzo Versace

What is 2313 worth today?

Last sold for AED 7,200,000 in 2016

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21 Feb 2016SoldReady
AED 7,200,000AED 3,532 per sqft
24 Sep 2012Sold by developerOff-plan
AED 3,094,500AED 1,518 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 21 February 2016.

Key facts

Type
2-bed apartment
Size
2,038 sqft
Floor
3rd of 8
Parking
B1-E099, B1-E100
Developer
Emirates PV Dubai
Completed
2015
Last sold
AED 7.2M · February 2016

About 2313, Palazzo Versace

2313 is a two-bedroom apartment of 2,038 sqft on the 3rd floor of Palazzo Versace, a 8-storey tower in Culture Village completed in 2015 by Emirates PV Dubai. It last sold on 21 February 2016 for AED 7,200,000, or AED 3,532 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2313 over time

Sales
Unit 2313, each saleTypical two-bed in Palazzo Versace
5M2009201420192024Typical sale price by year: 2009 AED 7,767,500; 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 3,633,300Sold by developer, September 2012: AED 3,094,500 (AED 1,518 per sqft)Sold, February 2016: AED 7,200,000 (AED 3,532 per sqft)

2313 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2313, each contractTypical two-bed in Palazzo Versace
150K200K250K2016201920222025Typical rent by year: 2016 AED 235,000; 2017 AED 210,000; 2018 AED 180,000; 2019 AED 179,000; 2020 AED 150,000; 2021 AED 158,322; 2022 AED 201,600; 2023 AED 220,880; 2024 AED 250,000; 2025 AED 250,000

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 2313 sits

All 76 2-beds →

Over the last 12 months two-beds sold for AED 3,015,526 to 3,880,000, around AED 1,887 per sqft, and rent for AED 225,000 to 250,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
18 Feb 20263,880,000
16 Jan 20263,250,000
22 Dec 20253,015,526
24 Jun 20253,466,600
3 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. 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 3rd floor

All 166 units in Palazzo Versace
Value
13012-bedAED 6.7M · Feb 2014
13023-bedAED 5.26M · Sep 2012
13032-bedAED 4.8M · Mar 2016
13042-bedAED 3M · Jan 2021
13054-bedAED 8.13M · Jul 2025
13062-bedAED 4.29M · Feb 2013
13072-bedAED 4.73M · Apr 2013
1–7 of 23

2313, Palazzo Versace in numbers

  • Sold twice: first on 24 September 2012 for AED 3,094,500, last on 21 February 2016 for AED 7,200,000 (AED 3,532 per sqft).
  • Two-beds in Palazzo Versace sold for AED 3,015,526–3,880,000 in the 12 months to November 2026; the building's median across all types is AED 2,044 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 21 February 2016.

Questions about 2313, Palazzo Versace

What did unit 2313 last sell for?

AED 7,200,000 on 21 February 2016: AED 3,532 per sqft for 2,038 sqft. The unit has 2 registered sales; the first was AED 3,094,500 in September 2012.

How big is unit 2313?

2,038 sqft (189.3 sqm): a two-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2015.

What is unit 2313 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 3,880,000 in the last 12 months, around AED 1,887 per sqft.

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Mortgage on 2313, Palazzo Versace

Starts from the last sale price (AED 7.2M, 21 February 2016). Switch to today's estimate once you have unlocked it.
Price
AED 7,200,000
Deposit, UAE resident (20%)
AED 1,440,000
Deposit, non-resident (40%)
AED 2,880,000
Monthly over 25 years at 3.7%
AED 29,457

Plus AED 307,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →