What is the registered annual rent for a 2 bedroom in Palazzo Versace?

The median new annual rent is AED 235,000, from 19 Ejari contracts in the trailing 12 months to 2026-10-12. The evidence is recorded for this building. Compare the same bedroom type; floor, view and condition can change an individual rent.

Have registered rents in Palazzo Versace risen or fallen?

The median new annual rent changed +55.9% in the trailing 12 months against the previous 12, using 19 new Ejari contracts in the current period to 2026-10-12. Different homes can appear in the two periods; this is not the change on an individual tenancy.

Do new tenants in Palazzo Versace pay more than sitting ones?

A new tenant pays -6.0% against a renewing one, across 11 renewal contracts in the last 12 months. This compares different new and renewal contract groups, not the same tenancy before and after a move. It is not a permitted rent increase or a guaranteed gain.

How many apartments change hands in Palazzo Versace?

9 sales were registered with the Dubai Land Department in the last 12 months, alongside 19 Ejari rental contracts. Every median on this page rests on those counts.

Which metro station is closest to Palazzo Versace?

Al Jadaf Metro Station, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is City Centre Mirdif.

Ejari leases to 12 Oct 2026

Palazzo Versace rents

38 new leases and 19 renewals in 12 months
169 units
Jaddaf Waterfront
near Al Jadaf Metro Station

A two-bed here leases for about AED 235,000 a year, 135% above the typical Jaddaf Waterfront two-bed. Renewing tenants pay more than new ones: AED 250,000.

2 bed · typical new lease

235,000AEDa year

AED 124/sqft · +55.9% on a year

A month, roughly: AED 19,583
Renewal: AED 250,000
vs Jaddaf Waterfront 2 bed: 135% above the median
New leases, 12 months: 19

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Buying instead? Palazzo Versace sale prices →

What should a lease in Palazzo Versace cost?A two-bed leases for about AED 235,000 a year; renewing tenants pay 6.4% more than new ones

Type	New lease	vs Jaddaf Waterfront	Leases
1 bed	240,000136/sqft	—	211% moretypical 77,250	3
2 bedmost leased	235,000124/sqft	250,00011 renewals	135% moretypical 100,000	19
3 bed	380,000128/sqft	427,5006 renewals	144% moretypical 155,750	13
4+ bed	600,000119/sqft	—	—	3

Median annual rent, AED a year, on Ejari leases starting in the 12 months to 12 Oct 2026. Renewal is blank where too few were registered; “typical” is the Jaddaf Waterfront median for the type.

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Rent history and contracts

Every contract registered with Ejari — data to 2026-10-12.

A two-bed here now costs 55.9% more than a year earlier: AED 235,000 against 150,700.

Median annual rent, 2 bed, as a rolling 3-month median. The band along the bottom is the number of records each month.

Start	Type	Sqft	Annual rent	Contract
30 Sept 2026	2 bed	1,764	AED 150,000	85	Renewal
10 Sept 2026	4+ bed	5,032	AED 600,000	119	New
3 Sept 2026	2 bed	1,764	AED 230,000	130	Renewal
25 Aug 2026	3 bed	3,805	AED 425,000	112	New
24 Aug 2026	1 bed	2,239	AED 310,000	138	New
23 Aug 2026	3 bed	2,238	AED 350,000	156	New
22 Aug 2026	2 bed	2,021	AED 210,000	104	Renewal
18 Aug 2026	3 bed	2,975	AED 380,000	128	New
12 Aug 2026	3 bed	2,986	AED 370,000	124	New
12 Aug 2026	3 bed	3,799	AED 435,000	115	Renewal

57 contracts starting on or after 12 Oct 2025.

About Palazzo VersaceA 10-floor tower in Jaddaf Waterfront, an 11-minute drive from DXB Airport

Palazzo Versace is an apartment building completed in 2015 in Jaddaf Waterfront with 169 registered units. 57 yearly leases, new and renewed, were registered with Ejari in the last 12 months.

Pinned from Google's place record for the registered name.Open in Google Maps

The building, as registered

Service charge: Paid by the landlord · AED 35.00/sqft a year
Floors: 10

Drive times · typical

Downtown: 16 min · 10 km
DXB Airport: 11 min · 7.6 km
DIFC: 11 min · 9.2 km
Dubai Marina: 25 min · 29 km
Palm Jumeirah: 31 min · 34 km

Nearest, as registered

Metro: Al Jadaf Metro Station
Mall: City Centre Mirdif
Landmark: Dubai International Airport

Letting a unit in Palazzo Versace?34% of units here signed a yearly lease in 12 months, above the Jaddaf Waterfront median; new tenants pay less than renewing ones

Units on a yearly lease: 34%Watch; Jaddaf Waterfront median 10%; top tenth from 63%
New tenant vs renewal: -5.4%; New leases AED 265,000, renewals 280,000, all types

Ejari leases to 12 Oct 2026

Thinking of selling? Palazzo Versace sale prices →

Comparables in Jaddaf Waterfront

Every Jaddaf Waterfront building with a page, ranked by annual rent per sqft over the same 12 months, all unit types. Palazzo Versace places 2nd of 16; the nearest 5 are shown.

Highest rental yields in Jaddaf Waterfront →

Rank	Building	Median rent	12-month change	Contracts
1	Boutique XII	AED 68,000	164+29.3%	-4.2%	53
2	Palazzo Versace · this building	AED 265,000	127	+430.0%	38
3	Lumiere Heights	AED 48,000	120-5.3%	—	3
4	D1	AED 125,000	106-16.9%	-3.9%	129
5	Boutique 23	AED 75,000	98-23.1%	—	9
6	The Pearl	AED 62,500	98-23.2%	-10.7%	14

Rank 1 is the dearest per square foot. Differences are against Palazzo Versace.

At 2 bed, Palazzo Versace ranks 2nd of 12 by rent per square foot in Jaddaf Waterfront.

Market context in Jaddaf Waterfront

Registered sales activity

114 ready apartment sales in the 12 months to 2026-10-12.

+17.8% in median AED/sqft versus the preceding year, supported by 114 current and 159 prior price observations.

Explore sales activity

Planned apartment projects

641 known registered units across 5 pending projects planned within one year of the 2026-07-06 register.

1 projects had already passed their planned date; 4 have unknown timing.

Explore planned supply

Supply against leasing, and same-building moves

733 apartments are planned in Jaddaf Waterfront from 2026 to 2028, equal to 53% of the 1,395 homes let there today.

New-lease rents fell in 52% of 25 buildings (counted once per bedroom type) with leases in both years; the typical one moved −0.3%.

How these are counted

Find service-charge budget evidence for Palazzo Versace

Direct locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.

Nearby in Jaddaf Waterfront

Every building in Jaddaf Waterfront →

Prices per sq ft around Palazzo Versace, on the map

Pills show median annual rent, AED. 15 buildings pinned from Google place records and Apple geocoding · Palazzo Versace is the inverted pinOpen in Apple Maps

Satellite view of D1, Jaddaf Waterfront, Dubai, centred on its registered pin. Apple Maps.

D1

Jaddaf Waterfront · 129 contracts, 12 months

125,000

AED a year median · 106/sqft

Dubai Wharf Tower 3

Jaddaf Waterfront · 61 contracts, 12 months

106,000

AED a year median · 80/sqft

Dubai Wharf Tower 2

Jaddaf Waterfront · 59 contracts, 12 months

75,000

AED a year median · 80/sqft

Boutique XII

Jaddaf Waterfront · 53 contracts, 12 months

68,000

AED a year median · 164/sqft

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Common questions

What is the registered annual rent for a 2 bedroom in Palazzo Versace?: The median new annual rent is AED 235,000, from 19 Ejari contracts in the trailing 12 months to 2026-10-12. The evidence is recorded for this building. Compare the same bedroom type; floor, view and condition can change an individual rent.
Have registered rents in Palazzo Versace risen or fallen?: The median new annual rent changed +55.9% in the trailing 12 months against the previous 12, using 19 new Ejari contracts in the current period to 2026-10-12. Different homes can appear in the two periods; this is not the change on an individual tenancy.
Do new tenants in Palazzo Versace pay more than sitting ones?: A new tenant pays -6.0% against a renewing one, across 11 renewal contracts in the last 12 months. This compares different new and renewal contract groups, not the same tenancy before and after a move. It is not a permitted rent increase or a guaranteed gain.
How many apartments change hands in Palazzo Versace?: 9 sales were registered with the Dubai Land Department in the last 12 months, alongside 19 Ejari rental contracts. Every median on this page rests on those counts.
Which metro station is closest to Palazzo Versace?: Al Jadaf Metro Station, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is City Centre Mirdif.

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Palazzo Versace rental record

Record type: Building-level property market record
Data date: 2026-10-12 · refreshed 2026-10-14
Evidence base: 19 registered rental contracts in the last 12 months for the default unit type
Sources: Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-term rates
Canonical record: /rent/apartments/dubai/jaddaf-waterfront/palazzo-versace
Method: Definitions and calculations

Cite as: Dubai Wealth Index. “Palazzo Versace rents and yield.” Jaddaf Waterfront, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/rent/apartments/dubai/jaddaf-waterfront/palazzo-versace

Stable dataJSON