Project · Transactions · 2017

Palazzo Versace Property Transactions 2017

10 property sales worth ⃃ 75.28M were registered in Palazzo Versace in 2017, 16.7% lower than 2016 by number of sales. The median sale price was ⃃ 6,349,688 and the median price per square foot ⃃ 2,717 (−11.5% on 2016).

Period: 1 Jan – 31 Dec 2017Compared with: 2016Sample: 10 salesUpdated: 19 Oct 2026
Property sales
10
−16.7% vs 2016
1 Jan – 31 Dec 2017
Total value
⃃ 75.28M
−51.1% vs 2016
1 Jan – 31 Dec 2017
Median sale price
⃃ 6,349,688
−48.5% vs 2016
10 sales
Median price per sq ft
⃃ 2,717
−11.5% vs 2016
10 sales

What types of property sold in Palazzo Versace in 2017?

1 Jan – 31 Dec 2017

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments10100%⃃ 75.28M⃃ 6,349,688⃃ 2,717

How were 2017 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)330%⃃ 10.83M⃃ 3,832,261⃃ 2,172
Resale (secondary)770%⃃ 64.44M⃃ 8,000,000⃃ 2,751
Ready10100%⃃ 75.28M⃃ 6,349,688⃃ 2,717

How many rental contracts were registered in Palazzo Versace in 2017?

39 rental contracts (new and renewed) were registered in Palazzo Versace in 2017, at a median annual rent of ⃃ 230,000 (−23.3% on 2016). Rental yields in Palazzo Versace

What were the most expensive property sales in Palazzo Versace in 2017?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
30/08/2017Palazzo Versace4 beds · Apartment5,016 sq ft⃃ 15,000,000Resale · Ready
19/06/2017Palazzo Versace4 beds · Apartment5,032 sq ft⃃ 15,000,000Resale · Ready
10/04/2017Palazzo Versace3 beds · Apartment3,003 sq ft⃃ 8,260,875Resale · Ready
17/01/2017Palazzo Versace2 beds · Apartment2,021 sq ft⃃ 8,000,000Resale · Ready
15/03/2017Palazzo Versace3 beds · Apartment3,003 sq ft⃃ 7,200,000Resale · Ready
17/01/2017Palazzo Versace2 beds · Apartment2,021 sq ft⃃ 5,499,375Resale · Ready
17/01/2017Palazzo Versace2 beds · Apartment2,021 sq ft⃃ 5,483,625Resale · Ready
17/05/2017Palazzo Versace2 beds · Apartment1,763 sq ft⃃ 4,001,938Primary · Ready
14/08/2017Palazzo Versace2 beds · Apartment1,764 sq ft⃃ 3,832,261Primary · Ready
24/09/2017Palazzo Versace2 beds · Apartment1,764 sq ft⃃ 3,000,000Primary · Ready

What were the last registered sales of 2017?

DatePropertyTypeSizePriceMarket
24/09/2017Palazzo Versace2 beds · Apartment1,764 sq ft⃃ 3,000,000Primary · Ready
30/08/2017Palazzo Versace4 beds · Apartment5,016 sq ft⃃ 15,000,000Resale · Ready
14/08/2017Palazzo Versace2 beds · Apartment1,764 sq ft⃃ 3,832,261Primary · Ready
19/06/2017Palazzo Versace4 beds · Apartment5,032 sq ft⃃ 15,000,000Resale · Ready
17/05/2017Palazzo Versace2 beds · Apartment1,763 sq ft⃃ 4,001,938Primary · Ready
10/04/2017Palazzo Versace3 beds · Apartment3,003 sq ft⃃ 8,260,875Resale · Ready
15/03/2017Palazzo Versace3 beds · Apartment3,003 sq ft⃃ 7,200,000Resale · Ready
17/01/2017Palazzo Versace2 beds · Apartment2,021 sq ft⃃ 5,483,625Resale · Ready
17/01/2017Palazzo Versace2 beds · Apartment2,021 sq ft⃃ 8,000,000Resale · Ready
17/01/2017Palazzo Versace2 beds · Apartment2,021 sq ft⃃ 5,499,375Resale · 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 2017 with the whole of 2016.
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/2017
Palazzo Versace Property Transactions 2017. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/palazzo-versace/2017

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 2017?
10 property sales worth ⃃ 75,278,074 were registered in Palazzo Versace in 2017. That is 16.7% lower than 2016.
What was the median property price in Palazzo Versace in 2017?
The median sale price was ⃃ 6,349,688 and the median price per square foot ⃃ 2,717 (1 Jan – 31 Dec 2017).
What share of 2017 sales in Palazzo Versace were off-plan or from developers?
Developer (primary) sales were 30% of the 10 sales and resales 70%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/palazzo-versace/2017