Project · Transactions · 2019

Palazzo Versace Property Transactions 2019

20 property sales worth ⃃ 87.48M were registered in Palazzo Versace in 2019, 25.0% higher than 2018 by number of sales. The median sale price was ⃃ 3,000,000 and the median price per square foot ⃃ 1,301 (−37.2% on 2018).

Period: 1 Jan – 31 Dec 2019Compared with: 2018Sample: 20 salesUpdated: 17 Oct 2026
Property sales
20
+25.0% vs 2018
1 Jan – 31 Dec 2019
Total value
⃃ 87.48M
+1.0% vs 2018
1 Jan – 31 Dec 2019
Median sale price
⃃ 3,000,000
−17.6% vs 2018
20 sales
Median price per sq ft
⃃ 1,301
−37.2% vs 2018
20 sales

What types of property sold in Palazzo Versace in 2019?

1 Jan – 31 Dec 2019

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments1785%⃃ 84.75M⃃ 3,587,915⃃ 1,334
Commercial315%⃃ 2.72M⃃ 789,272⃃ 1,099

How were 2019 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)420%⃃ 15.99M⃃ 3,193,958⃃ 1,492
Resale (secondary)1680%⃃ 71.48M⃃ 2,600,000⃃ 1,199
Ready20100%⃃ 87.48M⃃ 3,000,000⃃ 1,301

How many rental contracts were registered in Palazzo Versace in 2019?

74 rental contracts (new and renewed) were registered in Palazzo Versace in 2019, at a median annual rent of ⃃ 205,000 (+4.6% on 2018). Rental yields in Palazzo Versace

What were the most expensive property sales in Palazzo Versace in 2019?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
25/12/2019Palazzo Versace4 beds · Apartment5,032 sq ft⃃ 12,500,000Resale · Ready
05/09/2019Palazzo Versace4 beds · Apartment6,444 sq ft⃃ 9,020,000Resale · Ready
05/08/2019Palazzo Versace4 beds · Apartment5,016 sq ft⃃ 9,000,000Resale · Ready
05/09/2019Palazzo Versace4 beds · Apartment6,552 sq ft⃃ 8,500,000Resale · Ready
10/03/2019Palazzo Versace3 beds · Apartment5,669 sq ft⃃ 7,400,000Resale · Ready
22/08/2019Palazzo Versace3 beds · Apartment5,084 sq ft⃃ 7,000,000Resale · Ready
10/10/2019Palazzo Versace3 beds · Apartment5,069 sq ft⃃ 7,000,000Primary · Ready
05/08/2019Palazzo Versace2 beds · Apartment2,998 sq ft⃃ 4,000,000Resale · Ready
15/07/2019Palazzo Versace3 beds · Apartment2,239 sq ft⃃ 3,587,915Primary · Ready
31/01/2019Palazzo Versace2 beds · Apartment1,763 sq ft⃃ 3,200,000Resale · Ready

What were the last registered sales of 2019?

DatePropertyTypeSizePriceMarket
25/12/2019Palazzo Versace4 beds · Apartment5,032 sq ft⃃ 12,500,000Resale · Ready
27/10/2019Palazzo Versace2 beds · Apartment1,722 sq ft⃃ 2,800,000Primary · Ready
10/10/2019Palazzo Versace3 beds · Apartment5,069 sq ft⃃ 7,000,000Primary · Ready
29/09/2019Palazzo Versace2 beds · Apartment2,021 sq ft⃃ 1,059,976Resale · Ready
29/09/2019Palazzo Versace2 beds · Apartment2,017 sq ft⃃ 1,078,868Resale · Ready
29/09/2019Palazzo Versace2 beds · Apartment2,016 sq ft⃃ 2,000,000Resale · Ready
29/09/2019Palazzo Versace2 beds · Apartment2,014 sq ft⃃ 2,000,000Resale · Ready
29/09/2019Palazzo Versace2 beds · Apartment2,020 sq ft⃃ 2,000,000Resale · Ready
05/09/2019Palazzo Versace4 beds · Apartment6,552 sq ft⃃ 8,500,000Resale · Ready
05/09/2019Palazzo Versace4 beds · Apartment6,444 sq ft⃃ 9,020,000Resale · 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 2019 with the whole of 2018.
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/2019
Palazzo Versace Property Transactions 2019. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/palazzo-versace/2019

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 2019?
20 property sales worth ⃃ 87,476,096 were registered in Palazzo Versace in 2019. That is 25.0% higher than 2018.
What was the median property price in Palazzo Versace in 2019?
The median sale price was ⃃ 3,000,000 and the median price per square foot ⃃ 1,301 (1 Jan – 31 Dec 2019).
What share of 2019 sales in Palazzo Versace were off-plan or from developers?
Developer (primary) sales were 20% of the 20 sales and resales 80%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/palazzo-versace/2019