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Palazzo Versace

What people actually paid in Palazzo Versace: the sales registered at the Dubai Land Department, not asking prices. Understand the numbers before you buy.

263 sales are on record at the Dubai Land Department, below. 3 for rent →

Your agent in Culture Village

Arsen Gasparyan

Arsen Gasparyan

Director

Buying in Palazzo Versace? Arsen can walk you through what these numbers mean for you.

Arsen is marketing 2 homes for sale 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

Recorded rents and gross yield for Palazzo Versace →

Living in Culture Village — the area guide →

What a mortgage on a home in Palazzo Versace costs a month — and the cash you need on the day →

Median sale price
AED 3.95M
16 sales · the last 12 months
Mean AED 5.27M
Median per sq ft
AED 2,109
+2.5% on the year before
Mean AED 2,090
Against Culture Village
2 of 4
Community median AED 1,929 / sq ft
Activity, 90 days
5 sales
1.5× its usual pace · 1st of 1 busiest in Culture Village

The recorded market

Price per square foot, by year

The median of every sale registered at the Dubai Land Department here. Not asking prices.

2,987
2,166
13141516171819212223242526

The low was 2019 at AED 1,305 a square foot, and it has recovered 66% since. It is still 37% below its 2014 peak.

What sells here

By size

Registered sales in the last three years. Sizes are the registered floor area.

LayoutTypical sizeMedian priceMean pricePer sq ftSales
2 B/R1,801 sqft3,880,0003,829,3222,04119
3 B/R2,298 sqft5,500,0006,033,9702,13214
4 B/R5,151 sqft13,250,00012,779,1672,3786

Layouts that have sold fewer than five times in three years are left out — too few to quote a median, so we do not guess at one.

Every sale, as registered

Recent sales in Palazzo Versace

The last transfers recorded at the Dubai Land Department, newest first.

DateLayoutSizePricePer sq ft
6 Oct 20262 B/R1,7633,600,0002,041
5 Oct 20263 B/R5,06910,400,0002,052
2 Oct 20262 B/R1,8013,900,0002,166
19 Aug 20262 B/R2,0384,000,0001,963
22 Jul 20262 B/R2,0493,500,0001,708
16 Jul 20262 B/R1,8014,000,0002,221
13 Jul 20262 B/R1,7633,880,0002,200
6 Jul 20263 B/R2,2394,250,0001,898
4 May 20264 B/R5,26912,800,0002,429
18 Feb 20262 B/R1,7633,880,0002,200
13 Feb 20263 B/R2,2385,800,0002,592
12 Feb 20263 B/R3,7999,000,0002,369

How often it trades

Sales per year

Off-plan sales dominate a building’s first years; resales take over after handover.Off-planResale

27
13
13141516171819212223242526

Of the 263 sales on record, 143 were bought off-plan from the developer and 120 were resales of a finished home. The changeover in 2016 is the handover. The 2026 bar is part-year.

In context

Where it sits in Culture Village

Palazzo Versace is the 2nd most expensive of the 4 Culture Village buildings with at least fifteen recorded sales in the last year. These are its immediate neighbours on price.

RankBuildingSales, 12 monthsMedian per sq ft
1Celeste232,138
2Palazzo Versace162,109
3Boutique XII161,910
4D1 Tower281,780

Culture Village as a whole: AED 1,929 a square foot across 94 sales in the last twelve months.

Where the market is moving

The busiest buildings in Culture Village

Palazzo Versace is the busiest of the 1 Culture Village buildings with five or more completed-home sales in the ninety days to 19 Oct 2026.

RankBuildingSales, 90 daysAgainst its usual pace
1Palazzo Versace51.5×

Completed homes only, by the date the Dubai Land Department registered the transfer — the ninety days to 19 Oct 2026. Buildings with fewer than five sales in the window are not ranked. The ten busiest in Culture Village, with pace against each building’s own year before.

Where these numbers come from. Every figure on this page is drawn from the Dubai Land Department’s transaction register, read directly from the Dubai Data Exchange. It is what buyers actually paid, recorded at transfer — not asking prices, not valuations, not our own estimates. Mortgage registrations, gift transfers, rent-to-own contracts and developers’ own filings are all excluded; none of them is a price a buyer paid. Medians are used rather than averages so one unusual sale cannot move the number. Data through 19 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.

Buying in Palazzo Versace? The cost of buying, the title deed, the service charges and buying as a foreigner, explained.

Questions about Palazzo Versace? Arsen is a message away.

Arsen Gasparyan

Arsen Gasparyan

Your agent in Culture Village