Home
Dubai prices
About
Research
2-bed · 2,021 sqftPalazzo Versace, Culture Village · 5th floor · completed 2015

2523, Palazzo Versace

Sold prices and rental history: sold once, by the developer in May 2019, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2523 · DLD and Ejari recordsUpdated 2 September 2025
Last soldAED 2.61M5 May 2019
Current rentAED 231K /yr2 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2523, Palazzo Versace

What is 2523 worth today?

Last sold for AED 2,605,000 in 2019

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

2 Sep 2025RentedRenewal
AED 231,000/yr12 months · AED 114 per sqft
2 Sep 2024RentedNew contract
AED 220,000/yr12 months · AED 109 per sqft
5 May 2019Sold by developerReady
AED 2,605,000AED 1,289 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 2 September 2025.

Key facts

Type
2-bed apartment
Size
2,021 sqft
Floor
5th of 8
Parking
B2-E148, B2-E149
Developer
Emirates PV Dubai
Completed
2015
Last sold
AED 2.61M · May 2019
Building
Palazzo Versace

About 2523, Palazzo Versace

2523 is a two-bedroom apartment of 2,021 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 5 May 2019 for AED 2,605,000, or AED 1,289 per sqft, 24% below the AED 1,701 two-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 2 September 2025, is AED 231,000 a year: a gross yield of 8.9% on the 2019 price.

Sales and rents for 2523 over time

Sales
Unit 2523, 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, May 2019: AED 2,605,000 (AED 1,289 per sqft)

2523 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2523, 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 250,000New contract, September 2024: AED 220,000 a yearRenewal, September 2025: AED 231,000 a year

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 2523 sits

All 76 2-beds →

2523 last sold in May 2019 at AED 1,289 per sqft, 24% below what two-beds in Palazzo Versace were fetching at the time (AED 1,701). 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. 2523's AED 231,000 is in the lower half of that range.

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 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

2523, Palazzo Versace in numbers

  • Sold once: by Emirates PV Dubai on 5 May 2019 for AED 2,605,000, or AED 1,289 per sqft.
  • Rented since September 2024 on 2 Ejari contracts, from AED 220,000 to AED 231,000 a year.
  • At AED 231,000 a year the gross yield on the 2019 price is 8.9%.
  • 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 2 September 2025.

Questions about 2523, Palazzo Versace

What did unit 2523 last sell for?

AED 2,605,000 on 5 May 2019, sold by the developer: AED 1,289 per sqft for 2,021 sqft. It is the only registered sale of the unit.

What is the rent for unit 2523?

AED 231,000 a year on the contract renewed on 2 September 2025. The previous contract, from September 2024, was AED 220,000.

How big is unit 2523?

2,021 sqft (187.8 sqm): a two-bedroom apartment on the 5th floor of a 8-storey tower completed in 2015.

What is unit 2523 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.

Selling 2523? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 2523, Palazzo Versace

Starts from the last sale price (AED 2.61M, 5 May 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,605,000
Deposit, UAE resident (20%)
AED 521,000
Deposit, non-resident (40%)
AED 1,042,000
Monthly over 25 years at 3.7%
AED 10,658

Plus AED 114,420 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →