Project
Palazzo Versace
Palazzo Versace is a mixed-use building in Culture Village, Al Jaddaf, Dubai. A completed project of apartments in Culture Village, priced above the Culture Village median.
Small sample (13 sales): medians may move significantly with new data.
01 / Transactions
All Palazzo Versace transactions
02 / About
About Palazzo Versace
Palazzo Versace is a mixed-use building in Culture Village, Al Jaddaf, Dubai.
Palazzo Versace at a glance
- Area
- Culture Village
- Brand partnership
- Developed in collaboration with Versace. Learn more
- Developer
- Enshaa through its subsidiary Emirates PV Dubai Ltd
- Thoroughfare
- The mixed-use building is located directly on the Dubai Creek. For more information, see our guide to the Dubai Creek
- Hotel operator
- The hotel is currently operated by Versace Group
- Architect
- The architectural consultant was PTW Architects Pty. Ltd
Getting around
- Dubai Mall
- 15 min
- Palm Jumeirah
- 26 min
- Burj Al Arab
- 25 min
- The Walk JBR
- 30 min
Travel times are approximate driving estimates reported by the source and vary with route and traffic.
Construction and handover
Construction began in February 2007. The project was completed in May 2015.
- Construction Started
- February 2007
- Construction Finished
- May 2015
Nearby neighbourhoods
- Dubai Festival City1.5 km
- Al Jaddaf1.5 km
- Healthcare City Phase 22.8 km
- Bur Dubai4.4 km
Palazzo Versace recorded 13 market sales from 16 Jan 2026 – 5 Oct 2026, at a median price of AED 4,000,000 (AED 2,166/sqft). Palazzo Versace's median price per sqft (AED 2,166/sqft) is 14% above the Culture Village median (AED 1,892/sqft).
03 / Prices
Palazzo Versace prices by bedrooms
Median prices of market sales by number of bedrooms.
| Bedrooms | Sales | Median · AED | AED / sqft | Open |
|---|---|---|---|---|
2 bedrooms | 8 | 3.88M AED | 2,104 | |
3 bedrooms | 4 | 7.4M AED | 2,210 | |
4 bedrooms | 1 | 12.8M AED | 2,429 |
04 / Rents
Renting in Palazzo Versace
From 14 registered market rents. Gross yield: apartment rent per sqft against the sale price per sqft.
- Median rent / yr
- AED 165,858
- Per sqft / yr
- AED 94/sqft
- Gross yield
- 4.4%
Market pulse / weekly
Palazzo Versace price history
Weekly median of market sales (sales, mortgages and gifts are not mixed). Periods without sales are not shown.
Median sale price · AED
Registered market sales only
View data table
| Period | Sales | Median · AED | AED / sqft |
|---|---|---|---|
| Week of 12 Jan 2026Total AED 3,250,000 | 1 | AED 3,250,000 | AED 1,887/sqft |
| Week of 9 Feb 2026Total AED 14,800,000 | 2 | AED 7,400,000 | AED 2,480/sqft |
| Week of 16 Feb 2026Total AED 3,880,000 | 1 | AED 3,880,000 | AED 2,200/sqft |
| Week of 27 Apr 2026Total AED 12,800,000 | 1 | AED 12,800,000 | AED 2,429/sqft |
| Week of 6 Jul 2026Total AED 4,250,000 | 1 | AED 4,250,000 | AED 1,898/sqft |
| Week of 13 Jul 2026Total AED 7,880,000 | 2 | AED 3,940,000 | AED 2,210/sqft |
| Week of 20 Jul 2026Total AED 3,500,000 | 1 | AED 3,500,000 | AED 1,708/sqft |
| Week of 17 Aug 2026Total AED 4,000,000 | 1 | AED 4,000,000 | AED 1,963/sqft |
| Week of 28 Sept 2026Total AED 3,900,000 | 1 | AED 3,900,000 | AED 2,166/sqft |
| Week of 5 Oct 2026Total AED 14,000,000 | 2 | AED 7,000,000 | AED 2,047/sqft |
05 / Nearby
Other projects in Culture Village
Ranked by number of market sales.
| Project | Sales | Median · AED | AED / sqft | Open |
|---|---|---|---|---|
| 46 | 1.82M AED | 2,015 | ||
02 | 46 | 1.64M AED | 1,866 | |
| 41 | 1.9M AED | 2,010 | ||
04 | 22 | 2.25M AED | 1,778 | |
| 21 | 950K AED | 1,790 | ||
06 | 21 | 1.93M AED | 2,143 | |
| 20 | 1.39M AED | 2,049 | ||
08 | 18 | 1.27M AED | 1,697 | |
| 12 | 925K AED | 1,910 | ||
| 9 | 2.08M AED | 1,452 |
A registered project can include several buildings or phases, so these figures cover the whole project.