Palazzo Versace, Dubai

Palazzo Versace

What tenants actually pay: the tenancies registered with Ejari, not asking rents. Understand the numbers before you rent.

Palazzo Versace — 2 B/R median AED 237,500 a year, AED 124 a sq ft, from 48 Ejari contracts in 12 months; gross yield 6.1% (2 B/R). 3 for rent with McCone, AED 236K – 330K / year.

Your agent in Culture Village

Uros Bugarcic

Uros Bugarcic

Leasing

Renting in Palazzo Versace? Uros can walk you through what these numbers mean for you.

Uros is marketing 3 homes for rent in Culture Village right now.

Nearest metro
Al Jadaf Metro Station — as the Dubai Land Department files it; every building beside it, and what each sold for
Brand
Versace — resold at AED 2,160 a sq ft, 28% above the rest of its community; branded residences in Dubai
Handed over
2016 — the first year resales of completed homes appear in numbers on the register, not the developer’s date
First on record
2009 — an off-plan sale
Sales on record
263 — registered at the Dubai Land Department, the latest October 2026
Off-plan share
54% — 143 bought off-plan from the developer, 120 resales of a completed home

Every recorded sale in Palazzo Versace — prices, sizes and the year it was handed over →

Living in Culture Village — the area guide →

What a home in Palazzo Versace returns on its rent — the yield calculator →

Recorded rent per sq ft
AED 124
a year · 48 contracts here, 12 months
Mean AED 121 a year
Gross yield
6.1%
2 B/R · its own rents over its own sale prices
Recorded sale price
AED 2,109
per sq ft · 263 sales on record
Handed over
2016
Derived from the register

Recorded rents

What Palazzo Versace rents for, by layout

Tenancies registered with Ejari that name Palazzo Versace, last twelve months. Annual rents, medians.

LayoutTypical sizeMedian rentMean rentPer sq ft / yearContracts
2 B/R2,018 sqft237,500235,64012428
3 B/R3,009 sqft390,000384,96112216

Layouts with fewer than five contracts in the year are left out. 180 contracts name this building on the register since 2023.

For comparison

Recorded rents in Culture Village

How Palazzo Versace sits against its community. The full Culture Village rental report →

LayoutMedian rentMean rentNew leaseRenewalPer sq ft / yearContracts
Studio52,00054,93855,00050,0001241,255
1 B/R70,00071,87573,00065,000883,645
2 B/R87,52993,473100,00082,446703,275
3 B/R135,000150,886140,000131,67071457
4 B/R164,000245,121340,000153,2956218

Rent against price

Gross yield in Palazzo Versace

Recorded rent per square foot a year over this building's own recorded resale price per square foot. Where the register names the building on enough contracts, its own rents are used; otherwise the rents recorded across Culture Village.

LayoutRent / sq ft / yearRent fromSale / sq ftGross yield
2 B/R124This building · 282,0416.1%
3 B/R122This building · 162,1325.7%
4 B/R62Culture Village · 182,3782.6%

Gross: before service charges, agency fees and any months empty between tenants. The sale side is completed homes sold here in the last three years, five or more of a layout.

Every tenancy, as registered

Recent contracts in Palazzo Versace

The latest tenancies registered with Ejari naming this building, newest first.

StartLayoutSizeAnnual rentType
1 Oct 20262 B/R2,021200,000Renewal
1 Oct 20262 B/R2,017165,000New lease
30 Sept 20262 B/R1,764150,000Renewal
10 Sept 20264 B/R5,032600,000New lease
3 Sept 20262 B/R1,764230,000Renewal
25 Aug 20263 B/R3,805425,000New lease
23 Aug 20263 B/R2,238350,000New lease
22 Aug 20262 B/R2,021210,000Renewal
18 Aug 20263 B/R2,975380,000New lease
12 Aug 20263 B/R2,986370,000New lease
12 Aug 20263 B/R3,799435,000Renewal
5 Aug 20263 B/R2,986400,000Renewal

How often it lets

Contracts per year

New tenancies and renewals naming Palazzo Versace, stacked.New leaseRenewal

16
58
76
30
2023202420252026

30 contracts in 2026 so far. The 2026 bar is part-year.

Where these numbers come from. Every rent on this page is a tenancy contract registered with Ejari, the Dubai Land Department’s rental register, read directly from the Dubai Data Exchange. It is what tenants actually agreed to pay — not asking rents, not our own estimates. Homes only: offices, shops, labour accommodation and whole-building leases are excluded, as are contracts covering several properties at one price and the register’s own typing errors. The municipality’s housing fee on the DEWA bill is 5% of the same registered rent. The register records the area a home sits in and, on about a quarter of contracts, the project — never the building on its own — so a community’s figures are its DLD area’s, and a building’s are its own only where the register names it. Medians are used rather than averages so one unusual contract cannot move the number. Data through 21 Oct 2026.

Nearby

What else to look at in Culture Village

The buildings this one sits between on recorded price per square foot, and the newest to start trading. Every one has its own page of registered prices.

BuildingRecorded salesFirst tradedMedian per sq ft
Celeste3020252,140
Manazel Al Khor5820141,829
D1 Tower1,00420081,635
Boutique XII21320221,395
Niloofar Towernewest1832011877
Riah Towersnewest2682016822

Medians over each building’s whole recorded history at the Dubai Land Department, so a tower that has not traded lately is still here — this is what to look at next, not what the market is doing this month. Buildings with fewer than five recorded sales are left out. “First traded” is the year the register first saw a sale in the building, which for a new tower is close to its handover.

Moving into Palazzo Versace? Ejari, the DEWA move-in and your Makani number, explained.

Questions about Palazzo Versace? Uros is a message away.

Uros Bugarcic

Uros Bugarcic

Your agent in Culture Village