Project · Transactions · 2018

Palazzo Versace Property Transactions 2018

16 property sales worth ⃃ 86.58M were registered in Palazzo Versace in 2018, 60.0% higher than 2017 by number of sales. The median sale price was ⃃ 3,640,000 and the median price per square foot ⃃ 2,073 (−23.7% on 2017).

Period: 1 Jan – 31 Dec 2018Compared with: 2017Sample: 16 salesUpdated: 17 Oct 2026
Property sales
16
+60.0% vs 2017
1 Jan – 31 Dec 2018
Total value
⃃ 86.58M
+15.0% vs 2017
1 Jan – 31 Dec 2018
Median sale price
⃃ 3,640,000
−42.7% vs 2017
16 sales
Median price per sq ft
⃃ 2,073
−23.7% vs 2017
16 sales

What types of property sold in Palazzo Versace in 2018?

1 Jan – 31 Dec 2018

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments1381.3%⃃ 83.86M⃃ 4,706,000⃃ 2,123
Commercial318.8%⃃ 2.72M⃃ 789,272⃃ 1,099

How were 2018 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)425%⃃ 6.3M⃃ 1,149,990⃃ 1,100
Resale (secondary)1275%⃃ 80.28M⃃ 5,353,000⃃ 2,214
Ready16100%⃃ 86.58M⃃ 3,640,000⃃ 2,073

How many rental contracts were registered in Palazzo Versace in 2018?

76 rental contracts (new and renewed) were registered in Palazzo Versace in 2018, at a median annual rent of ⃃ 196,000 (−14.8% on 2017). Rental yields in Palazzo Versace

What were the most expensive property sales in Palazzo Versace in 2018?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
11/09/2018Palazzo Versace2 beds · Apartment3,718 sq ft⃃ 16,812,962Resale · Ready
03/07/2018Palazzo Versace4 beds · Apartment4,715 sq ft⃃ 11,000,000Resale · Ready
02/07/2018Palazzo Versace4 beds · Apartment4,717 sq ft⃃ 11,000,000Resale · Ready
19/06/2018Palazzo Versace4 beds · Apartment4,715 sq ft⃃ 11,000,000Resale · Ready
26/03/2018Palazzo Versace3 beds · Apartment3,003 sq ft⃃ 7,000,000Resale · Ready
21/02/2018Palazzo Versace3 beds · Apartment2,238 sq ft⃃ 6,000,000Resale · Ready
20/11/2018Palazzo Versace3 beds · Apartment2,297 sq ft⃃ 4,706,000Resale · Ready
24/01/2018Palazzo Versace2 beds · Apartment1,764 sq ft⃃ 3,700,000Resale · Ready
08/02/2018Palazzo Versace2 beds · Apartment1,686 sq ft⃃ 3,580,000Primary · Ready
06/08/2018Palazzo Versace2 beds · Apartment1,764 sq ft⃃ 3,060,000Resale · Ready

What were the last registered sales of 2018?

DatePropertyTypeSizePriceMarket
20/11/2018Palazzo Versace3 beds · Apartment2,297 sq ft⃃ 4,706,000Resale · Ready
19/09/2018Palazzo VersaceCommercial718 sq ft⃃ 789,272Primary · Ready
19/09/2018Palazzo VersaceCommercial386 sq ft⃃ 424,358Primary · Ready
19/09/2018Palazzo VersaceCommercial1,373 sq ft⃃ 1,510,707Primary · Ready
11/09/2018Palazzo Versace2 beds · Apartment3,718 sq ft⃃ 16,812,962Resale · Ready
11/09/2018Palazzo Versace2 beds · Apartment1,763 sq ft⃃ 3,000,000Resale · Ready
06/08/2018Palazzo Versace2 beds · Apartment1,764 sq ft⃃ 3,060,000Resale · Ready
19/07/2018Palazzo Versace2 beds · Apartment2,018 sq ft⃃ 1,682,900Resale · Ready
19/07/2018Palazzo Versace2 beds · Apartment2,016 sq ft⃃ 1,315,000Resale · Ready
03/07/2018Palazzo Versace4 beds · Apartment4,715 sq ft⃃ 11,000,000Resale · 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 2018 with the whole of 2017.
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/2018
Palazzo Versace Property Transactions 2018. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/palazzo-versace/2018

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 2018?
16 property sales worth ⃃ 86,581,199 were registered in Palazzo Versace in 2018. That is 60.0% higher than 2017.
What was the median property price in Palazzo Versace in 2018?
The median sale price was ⃃ 3,640,000 and the median price per square foot ⃃ 2,073 (1 Jan – 31 Dec 2018).
What share of 2018 sales in Palazzo Versace were off-plan or from developers?
Developer (primary) sales were 25% of the 16 sales and resales 75%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/palazzo-versace/2018