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3-bed · 2,239 sqftPalazzo Versace, Culture Village · 5th floor · completed 2015

2520, Palazzo Versace

Sold prices and rental history: sold once, by the developer in September 2012, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2520 · DLD and Ejari recordsUpdated 4 September 2023
Last soldAED 5.69M11 September 2012
Current rentAED 410K /yr4 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2520, Palazzo Versace

What is 2520 worth today?

Last sold for AED 5,692,500 in 2012

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4 Sep 2023RentedNew contract
AED 410,000/yr12 months · AED 183 per sqft
5 Feb 2020RentedRenewal
AED 160,000/yr12 months · AED 71 per sqft
11 Sep 2012Sold by developerOff-plan
AED 5,692,500AED 2,542 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 4 September 2023.

Key facts

Type
3-bed apartment
Size
2,239 sqft
Floor
5th of 8
Parking
B2-E154, B2-E155
Developer
Emirates PV Dubai
Completed
2015
Last sold
AED 5.69M · September 2012
Building
Palazzo Versace

About 2520, Palazzo Versace

2520 is a three-bedroom apartment of 2,239 sqft on the 5th floor of Palazzo Versace, a 8-storey tower in Culture Village completed in 2015 by Emirates PV Dubai. The developer sold it on 11 September 2012 for AED 5,692,500, or AED 2,542 per sqft, 4% above the AED 2,453 three-beds in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 4 September 2023, is AED 410,000 a year: a gross yield of 7.2% on the 2012 price.

Sales and rents for 2520 over time

Sales
Unit 2520, each saleTypical three-bed in Palazzo Versace
5M10M15M2009201420192024Typical sale price by year: 2009 AED 13,983,050; 2012 AED 6,879,300; 2013 AED 8,082,375; 2014 AED 9,897,600; 2015 AED 12,400,000; 2016 AED 9,920,550; 2018 AED 4,706,000; 2019 AED 3,543,958; 2022 AED 4,675,567; 2024 AED 5,197,500; 2025 AED 5,600,000Sold by developer, September 2012: AED 5,692,500 (AED 2,542 per sqft)

2520 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2520, each contractTypical three-bed in Palazzo Versace
200K400K2016201920222025Typical rent by year: 2016 AED 315,000; 2017 AED 350,000; 2018 AED 310,000; 2019 AED 260,000; 2020 AED 235,000; 2021 AED 245,332; 2022 AED 330,000; 2023 AED 405,000; 2024 AED 425,000; 2025 AED 422,500Renewal, February 2020: AED 160,000 a yearNew contract, September 2023: AED 410,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Palazzo Versace, and where 2520 sits

All 64 3-beds →

2520 last sold in September 2012 at AED 2,542 per sqft, 4% above what three-beds in Palazzo Versace were fetching at the time (AED 2,453). Over the last 12 months three-beds sold for AED 3,574,440 to 9,000,000, around AED 2,369 per sqft, and rent for AED 380,000 to 800,000 a year. 2520's AED 410,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
12 Feb 20265,800,000
11 Feb 20269,000,000
22 Dec 20253,574,440
9 May 20256,850,000
3 3-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 5th floor

All 166 units in Palazzo Versace
Value
15012-bedAED 5.85M · Dec 2012
15023-bedAED 5.8M · Feb 2026
15032-bedAED 3.55M · Jun 2022
1504AED 3.3M · Oct 2025
15054-bedAED 12.79M · Sep 2012
15062-bedAED 3.58M · Feb 2024
15072-bedAED 5.08M · May 2014
1–7 of 23

2520, Palazzo Versace in numbers

  • Sold once: by Emirates PV Dubai on 11 September 2012 for AED 5,692,500, or AED 2,542 per sqft.
  • Rented since February 2020 on 2 Ejari contracts, from AED 160,000 to AED 410,000 a year.
  • At AED 410,000 a year the gross yield on the 2012 price is 7.2%.
  • Three-beds in Palazzo Versace sold for AED 3,574,440–9,000,000 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 4 September 2023.

Questions about 2520, Palazzo Versace

What did unit 2520 last sell for?

AED 5,692,500 on 11 September 2012, sold by the developer: AED 2,542 per sqft for 2,239 sqft. It is the only registered sale of the unit.

What is the rent for unit 2520?

AED 410,000 a year on the contract signed on 4 September 2023. The previous contract, from February 2020, was AED 160,000.

How big is unit 2520?

2,239 sqft (208.0 sqm): a three-bedroom apartment on the 5th floor of a 8-storey tower completed in 2015.

What is unit 2520 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Palazzo Versace sold for AED 3,574,440 to 9,000,000 in the last 12 months, around AED 2,369 per sqft.

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Mortgage on 2520, Palazzo Versace

Starts from the last sale price (AED 5.69M, 11 September 2012). Switch to today's estimate once you have unlocked it.
Price
AED 5,692,500
Deposit, UAE resident (20%)
AED 1,138,500
Deposit, non-resident (40%)
AED 2,277,000
Monthly over 25 years at 3.7%
AED 23,290

Plus AED 244,095 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →