Palazzo Versace

1. Does it pay a good rent?6.1% gross, 4.3% after the service charge (Dubai median 6.8%)6.1%Fair
2. Is it easy to let?34% of units signed a yearly lease in 12 months; the typical Jaddaf Waterfront building manages 10%34%Watch

   Across 18 Jaddaf Waterfront buildings with 40 or more units, the median signed annual leases on 10% of units in 12 months and the top tenth on 63% or more; Palazzo Versace is at 34%.

3. Are rents going up?New 2 bed leases: AED 150,700 a year ago, AED 235,000 now+55.9%Strength
4. Are prices going up?2 bed: AED 1,901/sqft a year ago, 2,041 now+7.4%Strength
5. How fast do fees pay back?AED 240,880 in fees to buy a 2 bed; net rent covers it in 1.4 years1.4 yrsFair
6. Can I sell easily?16 sales in 12 months, 9% of the tower (14 the year before)16Fair
7. Is a lot being built nearby?733 apartments are planned in Jaddaf Waterfront from 2026 to 2028, equal to 53% of the 1,395 homes let there today. A further 464 are past their planned date. Jaddaf Waterfront supply by year →53%Watch
8. Did earlier buyers gain?Up 24% for buyers 5 years ago; launch buyers still 45% down, before fees+24.0%Context

16 resales in the last 12 months, against 14 a year on average over 2023–2025.

At 2 bed, Palazzo Versace has registered sale prices 14% above the Jaddaf Waterfront median price per square foot of 1,788 AED, across 14 eligible buildings. It ranks 2nd of 14 by price per square foot in Jaddaf Waterfront.

• Sales and rents to
  2026-10-12 — Dubai Land Department and Ejari, trailing 12 months
  On record
• Sales evidence · 2 bed
  9 registered sales in 12 months
  On record
• Rental evidence · 2 bed
  19 new and 11 renewal contracts in 12 months · rent source: this building
  On record
• Service charge
  AED 35.00/sqft a year, 2026 owners-association budget; 4.3% yield after it. Confirm against the latest invoice.
  On record
• Project register
  Palazzo Versace: recorded complete 2015-05-17 · register data to 2026-07-06
  On record
• Building record
  DLD building record · data to 2026-10-13
  On record
• Costs not included
  4% DLD transfer fee, agency fee, mortgage, vacancy, furnishing. Every yield is gross.
  Not in the yield

What is the rental yield in Palazzo Versace?

Palazzo Versace returns 6.1% gross: a median new-contract rent of AED 235,000 a year (19 Ejari contracts in 12 months) over a price benchmark of AED 3.88M (median of 9 sales in the last 12 months, latest Oct 2026), before service charge, agency fees or vacant months.

How much does a 2 bedroom in Palazzo Versace cost?

The median registered sale price is AED 3.88M (2,041 AED/sqft), from 9 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.

What are apartments in Palazzo Versace selling for right now?

Registered sales of ready units in Palazzo Versace over the last 12 months have a median of 2,041 AED/sqft, across 9 sales. That uses the same trailing year as the rent and yield figures, requires at least five sales, and excludes off-plan. Floor, view and condition move a specific unit's price around it.

Have prices in Palazzo Versace risen or fallen?

Median price per square foot moved +7.4% over the last 12 months against the 12 before it, on 9 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.

How does Palazzo Versace compare with Jaddaf Waterfront?

Its 6.1% gross yield sits +0.2 pts against the Jaddaf Waterfront median of 5.8%, computed the same way at the same bedroom grain. Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike.