Palazzo Versace in Culture Village - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for completed properties in Palazzo Versace

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
2	164	18,406	3,015,526
3	208	17,182	3,574,440

Rents in Palazzo Versace

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
2	189	1,194	225,000
3	374	1,640	612,500

The cap rate (rental yield) of investments into Palazzo Versace project is 8.4% on average.

The price of an apartment in Palazzo Versace is 17,721 AED/sqm on average.

The long term rent of an apartment in Palazzo Versace is 1,490 AED/sqm/year on average.

Price for completed 2 bedroom apartment in Palazzo Versace is 3,015,526 AED or 18,406 AED/sqm.
Price for completed 3 bedroom apartment in Palazzo Versace is 3,574,440 AED or 17,182 AED/sqm.

Rent for 2 bedroom apartment in Palazzo Versace is 225,000 AED or 1,194 AED/sqm.
Rent for 3 bedroom apartment in Palazzo Versace is 612,500 AED or 1,640 AED/sqm.

About Palazzo Versace

'Palazzo Versace' in 'Culture Village' area project description

Palazzo Versace Dubai is a luxurious hotel and residential complex located in the heart of Dubai’s Culture Village. It is the world’s first fashion-branded hotel and residence, and is the flagship property of the Versace Home Collection. The complex consists of two towers, the Palazzo Versace Hotel and the Palazzo Versace Residences. The hotel tower is a five-star hotel with 215 rooms and suites, while the residence tower has 169 apartments and villas.

The hotel is designed to reflect the opulence and glamour of the Versace lifestyle. The interiors are adorned with luxurious furnishings and décor, and feature intricate details such as hand-painted frescoes, marble floors, and gold-plated fixtures. The hotel also offers a range of amenities such as a spa, fitness center, and a variety of restaurants and bars.

The Palazzo Versace Residences offer a range of luxurious apartments and villas, ranging from one to four bedrooms. The residences feature the same luxurious furnishings and décor as the hotel, and offer a range of amenities such as a private pool, a gym, and a spa.

The complex also features a range of leisure and entertainment facilities, such as a private beach, a marina, and a variety of shops and restaurants. The complex is also home to the world’s first Versace boutique, which offers a range of designer clothing, accessories, and home furnishings.

Palazzo Versace Dubai is a luxurious and opulent complex that offers a unique experience for its guests. With its luxurious amenities and stylish interiors, it is the perfect destination for those looking for a luxurious and glamorous stay in Dubai.

Q&A on Palazzo Versace

What are the advantages of 'Palazzo Versace' project in Dubai for property buyers? What are the disadvantages?

1. Prime Location: Palazzo Versace Dubai is located in the heart of the city, offering easy access to the major attractions, shopping malls, and business districts.

2. Luxury Amenities: The project offers a range of luxury amenities such as a grand lobby, a private beach, a spa, and a fitness center.

3. High-end Finishes: The project features high-end finishes, including marble flooring, Italian-style furniture, and designer fixtures.

4. Investment Potential: The project offers excellent investment potential due to its prime location and luxurious amenities.

5. Security: The project is equipped with 24-hour security and surveillance to ensure the safety of its residents.