Project · Transactions · 2016

Palazzo Versace Property Transactions 2016

12 property sales worth ⃃ 154.03M were registered in Palazzo Versace in 2016, 71.4% higher than 2015 by number of sales. The median sale price was ⃃ 12,317,550 and the median price per square foot ⃃ 3,071 (−6.0% on 2015).

Period: 1 Jan – 31 Dec 2016Compared with: 2015Sample: 12 salesUpdated: 17 Oct 2026
Property sales
12
+71.4% vs 2015
1 Jan – 31 Dec 2016
Total value
⃃ 154.03M
+99.6% vs 2015
1 Jan – 31 Dec 2016
Median sale price
⃃ 12,317,550
0.0% vs 2015
12 sales
Median price per sq ft
⃃ 3,071
−6.0% vs 2015
12 sales

What types of property sold in Palazzo Versace in 2016?

1 Jan – 31 Dec 2016

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments12100%⃃ 154.03M⃃ 12,317,550⃃ 3,071

How were 2016 sales split between off-plan, ready, primary and resale?

Primary/resale (who sold) and off-plan/ready (the unit’s state at sale) are separate splits; each pair adds up to the total.

SegmentSalesShare of salesValueMedian pricePer sq ft
Primary (developer sales)18.3%⃃ 15.5M⃃ 15,500,000⃃ 3,177
Resale (secondary)1191.7%⃃ 138.53M⃃ 11,794,000⃃ 3,003
Ready12100%⃃ 154.03M⃃ 12,317,550⃃ 3,071

How many rental contracts were registered in Palazzo Versace in 2016?

29 rental contracts (new and renewed) were registered in Palazzo Versace in 2016, at a median annual rent of ⃃ 300,000. Rental yields in Palazzo Versace

What were the most expensive property sales in Palazzo Versace in 2016?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
23/06/2016Palazzo Versace5 beds · Apartment12,936 sq ft⃃ 28,952,200Resale · Ready
23/08/2016Palazzo Versace5 beds · Apartment12,937 sq ft⃃ 20,000,000Resale · Ready
06/12/2016Palazzo Versace4 beds · Apartment5,269 sq ft⃃ 15,821,200Resale · Ready
27/01/2016Palazzo Versace4 beds · Apartment5,016 sq ft⃃ 15,750,000Resale · Ready
12/06/2016Palazzo Versace3 beds · Apartment4,879 sq ft⃃ 15,500,000Primary · Ready
23/06/2016Palazzo Versace3 beds · Apartment3,944 sq ft⃃ 12,841,100Resale · Ready
23/06/2016Palazzo Versace2 beds · Apartment3,720 sq ft⃃ 11,794,000Resale · Ready
22/03/2016Palazzo Versace3 beds · Apartment3,113 sq ft⃃ 10,500,000Resale · Ready
21/02/2016Palazzo Versace2 beds · Apartment2,038 sq ft⃃ 7,200,000Resale · Ready
26/05/2016Palazzo Versace3 beds · Apartment3,113 sq ft⃃ 7,000,000Resale · Ready

What were the last registered sales of 2016?

DatePropertyTypeSizePriceMarket
06/12/2016Palazzo Versace4 beds · Apartment5,269 sq ft⃃ 15,821,200Resale · Ready
23/08/2016Palazzo Versace5 beds · Apartment12,937 sq ft⃃ 20,000,000Resale · Ready
23/06/2016Palazzo Versace3 beds · Apartment3,944 sq ft⃃ 12,841,100Resale · Ready
23/06/2016Palazzo Versace2 beds · Apartment3,720 sq ft⃃ 11,794,000Resale · Ready
23/06/2016Palazzo Versace5 beds · Apartment12,936 sq ft⃃ 28,952,200Resale · Ready
12/06/2016Palazzo Versace3 beds · Apartment4,879 sq ft⃃ 15,500,000Primary · Ready
26/05/2016Palazzo Versace3 beds · Apartment3,113 sq ft⃃ 7,000,000Resale · Ready
24/03/2016Palazzo Versace2 beds · Apartment1,764 sq ft⃃ 4,800,000Resale · Ready
22/03/2016Palazzo Versace3 beds · Apartment3,113 sq ft⃃ 10,500,000Resale · Ready
17/03/2016Palazzo Versace1 bed · Apartment1,548 sq ft⃃ 3,870,000Resale · Ready

How these figures are calculated

Sales
Registered sale transactions dated in the year, all property types, primary and resale, off-plan and ready.
Medians
Median sale price and median price per square foot of those sales.
Year-on-year
Changes compare 2016 with the whole of 2015.
Primary vs resale
Primary = sold by the developer; resale = sold by a previous owner. Off-plan/ready describes the unit, not the seller.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-transactions/palazzo-versace/2016
Palazzo Versace Property Transactions 2016. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/palazzo-versace/2016

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

How many properties were sold in Palazzo Versace in 2016?
12 property sales worth ⃃ 154,028,500 were registered in Palazzo Versace in 2016. That is 71.4% higher than 2015.
What was the median property price in Palazzo Versace in 2016?
The median sale price was ⃃ 12,317,550 and the median price per square foot ⃃ 3,071 (1 Jan – 31 Dec 2016).
What share of 2016 sales in Palazzo Versace were off-plan or from developers?
Developer (primary) sales were 8.3% of the 12 sales and resales 91.7%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/palazzo-versace/2016