Palazzo Versace, Jaddaf Waterfront: sale prices and transactions
Palazzo Versace is a project registered with the Dubai Land Department (project no. 624) in Jaddaf Waterfront. Since February 2009, 296 residential sales have been registered there, the latest in October 2026. Over the last 12 months, 16 sales closed at a median AED 22,697 per m² (AED 2,109 per sq ft).
- AED 22,697median price per m²
- AED 2,109median price per sq ft
- 296sales since 2009
- 16sales in 12 months
- 169registered homes
Its price per m² is 11.7% above the Jaddaf Waterfront median (AED 20,314/m²). Sales combine off-plan purchases (55.4%) and resales of completed homes.
Palazzo Versace prices by bedroom
Median sale price and median size, DLD sales over the last 12 months (at least 3 sales per row).
| Unit type | Sales | Median price | Median size |
|---|---|---|---|
| Apartment · 2 bedrooms | 9 | AED 3,880,000 | 164 m² |
| Apartment · 3 bedrooms | 6 | AED 5,600,000 | 208 m² |
Palazzo Versace price history
| Year | Sales | Median / m² | Median / sq ft | Change |
|---|---|---|---|---|
| 2019 | 17 | AED 14,362 | AED 1,334 | — |
| 2021 | 15 | AED 18,312 | AED 1,701 | — |
| 2022 | 8 | AED 21,907 | AED 2,035 | +19.6% |
| 2023 | 15 | AED 20,535 | AED 1,908 | -6.3% |
| 2024 | 16 | AED 22,520 | AED 2,092 | +9.7% |
| 2025 | 10 | AED 21,545 | AED 2,002 | -4.3% |
| 2026 (to mid-October) | 13 | AED 23,311 | AED 2,166 | +8.2% |
Palazzo Versace rents
57 Ejari contracts started in the project over the last 12 months.
| Unit type | Contracts | Median annual rent | Middle 50% range | New leases |
|---|---|---|---|---|
| Apartment · 2 bedrooms | 29 | AED 240,000 | 225,000 – 250,000 | AED 235,000 |
| Apartment · 3 bedrooms | 20 | AED 422,500 | 362,028 – 457,500 | AED 380,000 |
| Apartment · 4 bedrooms | 5 | AED 625,000 | — | — |
Registered homes at Palazzo Versace
The DLD register lists 169 homes for this project across 1 building (up to 10 floors), with a median size of 208 m².
- 1 bedroom: 2
- 2 bedrooms: 79
- 3 bedrooms: 65
- 4 bedrooms: 18
- 5+ bedrooms: 5
Location
- Nearest metro: Al Jadaf Metro Station
- Shopping mall: City Centre Mirdif
- Landmark: Dubai International Airport
Neighbouring projects in Jaddaf Waterfront
Same price per m² elsewhere in Dubai
- Amara, Tilal Al Ghaf — AED 22,691/m²
- Isolana Residences, Palm Deira — AED 22,749/m²
- Park Heights II, Dubai Hills Estate — AED 22,689/m²
- Terra Gardens, Expo City — AED 22,760/m²
Other projects in Jaddaf Waterfront
- Celeste — AED 23,018/m²
- Art Bay East — AED 22,317/m²
- Volna By Kasco — AED 21,231/m²
- Binghatti Moonlight — AED 20,814/m²
- Boutique Xll — AED 20,559/m²
- Montage — AED 20,021/m²
- Binghatti Twilight — AED 19,760/m²
- Boutique 23 — AED 19,703/m²
Jaddaf Waterfront property prices · Jaddaf Waterfront rents · Dubai property prices
Frequently asked questions
What is the price per sq ft at Palazzo Versace?
Over the last 12 months the median is AED 2,109 per sq ft (AED 22,697 per m²) across 16 DLD sales.
How much is a 2 bedrooms at Palazzo Versace?
Median sale price AED 3,880,000 for a median 164 m², across 9 sales over the last 12 months.
How many sales have been registered at Palazzo Versace?
296 residential sales registered with the DLD between February 2009 and October 2026, 55.4% of them off-plan.
Where is Palazzo Versace?
In Jaddaf Waterfront (DLD area Al Jadaf), Dubai; nearest metro station per the DLD: Al Jadaf Metro Station.
Sources and method
Sales: Dubai Land Department "Real Estate Transactions" dataset (data.dubai), registered residential sales (apartments, villas and townhouses) from October 16, 2025 to October 16, 2026 for the last 12 months. Price per m² = sale price / registered area; we use the median, which is less sensitive to unusual deals. 1 m² = 10.764 sq ft.
Rents: DLD "Rent Contracts" (Ejari) dataset (data.dubai), single-unit residential contracts starting between October 20, 2025 and October 20, 2026, median annual rent. The gross yield shown is the median rent divided by the median price of the same unit type: a market benchmark, before service charges and vacancy.
Registered units: DLD "Units" and "Buildings" datasets (data.dubai).
Data published under the Dubai Open Data Licence, downloaded on 20 October 2026 and analysed by Cevitas Real Estate. They describe past transactions and are not a valuation or investment advice.