2318, Palazzo Versace
Sold prices and rental history: sold once, by the developer in February 2009, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2318, Palazzo Versace
What is 2318 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 October 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,685 sqft
- Floor
- 3rd of 8
- Parking
- B1-E123, B1-E124
- Developer
- Emirates PV Dubai
- Completed
- 2015
- Last sold
- AED 8.1M · February 2009
- Building
- Palazzo Versace
About 2318, Palazzo Versace
2318 is a two-bedroom apartment of 1,685 sqft on the 3rd floor of Palazzo Versace, a 8-storey tower in Culture Village completed in 2015 by Emirates PV Dubai. The developer sold it on 25 February 2009 for AED 8,103,900, or AED 4,809 per sqft, 13% above the AED 4,259 two-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 1 October 2024, is AED 178,000 a year: a gross yield of 2.2% on the 2009 price.
Sales and rents for 2318 over time
No registered sale of 2318; the dashed line is the two-bed median of each year in the building.
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 2318 sits
All 76 2-beds →2318 last sold in February 2009 at AED 4,809 per sqft, 13% above what two-beds in Palazzo Versace were fetching at the time (AED 4,259). 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. 2318's AED 178,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Feb 202618 February 2026 | 1,763 sqft | 3,880,000 | 2,200 | ||
| 16 Jan 202616 January 2026 | 1,722 sqft | 3,250,000 | 1,887 | ||
| 22 Dec 202522 December 2025 | 1,763 sqft | 3,015,526 | 1,710 | ||
| 24 Jun 202524 June 2025 | 2,021 sqft | 3,466,600 | 1,715 |
Palazzo Versace
Building166 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%
Other units on the 3rd floor
All 166 units in Palazzo Versace| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1301 | 2-bed | 2,038 sqft | AED 6.7MAED 6,704,750 · Feb 2014February 2014 | 232,927 /yr | |
| 1302 | 3-bed | 2,238 sqft | AED 5.26MAED 5,264,700 · Sep 2012September 2012 | 172,589 /yr | |
| 1303 | 2-bed | 1,764 sqft | AED 4.8MAED 4,800,000 · Mar 2016March 2016 | 290,000 /yr | |
| 1304 | 2-bed | 1,763 sqft | AED 3MAED 3,000,000 · Jan 2021January 2021 | 273,000 /yr | |
| 1305 | 4-bed | 5,032 sqft | AED 8.13MAED 8,125,000 · Jul 2025July 2025 | 600,000 /yr | |
| 1306 | 2-bed | 1,685 sqft | AED 4.29MAED 4,289,950 · Feb 2013February 2013 | 155,000 /yr | |
| 1307 | 2-bed | 1,686 sqft | AED 4.73MAED 4,727,700 · Apr 2013April 2013 | 250,000 /yr | |
| 1308 | 2,239 sqft | AED 5.4MAED 5,400,000 · Nov 2025November 2025 | 550,000 /yr | ||
| 1309 | 3-bed | 3,805 sqft | AED 12.99MAED 12,986,992 · Dec 2014December 2014 | 360,000 /yr | |
| 1310 | 3-bed | 3,003 sqft | AED 3.5MAED 3,500,000 · Mar 2018March 2018 | 400,000 /yr | |
| 1311 | 2-bed | 2,020 sqft | AED 2MAED 2,000,000 · Sep 2019September 2019 | 145,000 /yr | |
| 1312 | 2-bed | 2,020 sqft | No registered sale | 157,500 /yr | |
| 2313 | 2-bed | 2,038 sqft | AED 7.2MAED 7,200,000 · Feb 2016February 2016 | ||
| 2314 | 3-bed | 2,238 sqft | AED 8.7MAED 8,700,000 · Sep 2014September 2014 | 378,000 /yr | |
| 2315 | 2-bed | 1,764 sqft | AED 3.7MAED 3,700,000 · Jan 2018January 2018 | 252,000 /yr | |
| 2316 | 2-bed | 1,763 sqft | AED 10.02MAED 10,017,000 · Jun 2009June 2009 | ||
| 2317 | 4-bed | 5,032 sqft | AED 19.9MAED 19,900,000 · Dec 2013December 2013 | ||
| 2319 | 2-bed | 1,686 sqft | AED 3.61MAED 3,610,076 · Mar 2022March 2022 | ||
| 2320 | 3-bed | 2,239 sqft | AED 3.57MAED 3,574,440 · Dec 2025December 2025 | 212,750 /yr | |
| 2321 | 3-bed | 3,805 sqft | AED 8.28MAED 8,275,350 · Sep 2012September 2012 | 450,000 /yr | |
| 2322 | 3-bed | 3,003 sqft | AED 7.2MAED 7,200,000 · Mar 2017March 2017 | 447,594 /yr | |
| 2323 | 2-bed | 2,020 sqft | AED 2.99MAED 2,994,599 · Oct 2023October 2023 | 180,000 /yr | |
| 2324 | 2-bed | 2,020 sqft | No registered sale | 138,000 /yr |
2318, Palazzo Versace in numbers
- Sold once: by Emirates PV Dubai on 25 February 2009 for AED 8,103,900, or AED 4,809 per sqft.
- Rented since March 2019 on 5 Ejari contracts. The rent fell from AED 135,000 to AED 120,000 in 2020 and recovered to AED 178,000 by October 2024.
- At AED 178,000 a year the gross yield on the 2009 price is 2.2%.
- 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 1 October 2024.
Questions about 2318, Palazzo Versace
What did unit 2318 last sell for?
AED 8,103,900 on 25 February 2009, sold by the developer: AED 4,809 per sqft for 1,685 sqft. It is the only registered sale of the unit.
What is the rent for unit 2318?
AED 178,000 a year on the contract signed on 1 October 2024. The previous contract, from October 2022, was AED 155,000; the unit has been rented since March 2019.
How big is unit 2318?
1,685 sqft (156.5 sqm): a two-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2015.
What is unit 2318 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 2318, Palazzo Versace
Starts from the last sale price (AED 8.1M, 25 February 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 8,103,900
- Deposit, UAE resident (20%)
- AED 1,620,780
- Deposit, non-resident (40%)
- AED 3,241,560
- Monthly over 25 years at 3.7%
- AED 33,156
Plus AED 345,374 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →