2BR Distress Deal – Palazzo Versace, Culture Village, Dubai

Spacious 2BR Residence at Palazzo Versace, Jaddaf Waterfront, Dubai

An exceptional distress deal offering a rare opportunity to acquire a fully furnished 2-bedroom residence at the iconic Palazzo Versace Dubai, located in Culture Village, Jaddaf Waterfront. Originally listed at AED 4,500,000, this unit is now available at AED 3,900,000 — a saving of AED 600,000. The property is currently rented and offered as a ready investment unit with vacant on transfer (VOT) terms, making it ideal for investors seeking immediate rental yield from one of Dubai's most prestigious addresses.

Property Highlights

• Type: 2-Bedroom Apartment / Residence
• Size: 2,000+ sq.ft (Large Layout)
• View: Pool and Canal View
• Floor: High Floor
• Parking: 2 Dedicated Spaces
• Furnishing: Fully Furnished by Versace Home
• Status: Ready | Rented | Vacant on Transfer (VOT)
• Original Price: AED 4,500,000
• Distress Price: AED 3,900,000
• Seller: Open to Offers
• Designed by: Donatella Versace — exclusively crafted interiors
• Hotel Services: Full access to 5-star hotel amenities including room service, spa, and concierge

About the Project / Building

Palazzo Versace Dubai is a neoclassical masterpiece set on the foreshore of Dubai Creek in Culture Village, Jaddaf Waterfront. Developed as a joint hotel and residential tower, the building comprises 215 hotel rooms and suites alongside 169 private residences — every single piece of furniture, fabric, and fixture tailor-made by Versace. The iconic Medusa motifs, Carrara marble finishes, parquet flooring, and bespoke Versace Home furnishings define a living experience unlike any other in Dubai. The residences offer full access to the hotel's five-star services, blending private ownership with hotel-grade hospitality.

Community & Lifestyle

• Culture Village (Al Jaddaf) — a vibrant, culturally rich waterfront district along Dubai Creek
• Landscaped gardens and direct access to the Dubai Creek pedestrian promenade
• Close to Dubai's arts and cultural institutions, galleries, and waterfront dining
• Attracts luxury investors, high-net-worth individuals, and lifestyle-driven buyers
• 3 minutes to Al Jaddaf Metro Station for seamless city connectivity
• Quiet, upscale neighbourhood with strong long-term capital appreciation potential

Amenities

• Three outdoor lagoon swimming pools
• State-of-the-art fitness centre and gym
• Full-service luxury spa (couples and individual treatments)
• 24-hour concierge and front desk services
• In-residence room service (5-star hotel standard)
• Kids club and children's swimming lessons
• Multiple Versace-branded fine dining and café outlets on the ground floor
• Business centre and conference facilities
• Valet parking and 2 dedicated residential parking spaces
• Housekeeping and laundry services
• High-speed elevators and 24-hour security

Layout & Floor Plan

This 2-bedroom residence spans over 2,000 sq.ft, offering a generous and well-proportioned layout with a large living and dining area, master bedroom suite with en-suite bathroom, a second bedroom, and a balcony with pool and canal views. Exact internal configuration and detailed floor plan for this 2-bedroom unit at Palazzo Versace, Culture Village, is available on request. Exact bathroom count is available on request; similar units in the building typically feature 3 bathrooms.

Payment & Handover

This is a ready, secondary market property available for immediate transfer. The asking price is AED 3,900,000. Standard Dubai Land Department (DLD) transfer fees of 4% apply. Additional transfer costs, agency fee, and NOC charges are available on request. The seller is open to reasonable offers. As a rented investment unit with VOT terms, the buyer gains immediate ownership and the flexibility to retain the tenant or move in upon transfer.

Location & Connectivity

• Dubai International Airport (DXB): Approx. 10–15 minutes by car
• Burj Khalifa & Downtown Dubai: Approx. 8 minutes by car
• DIFC & Dubai Business District: Approx. 8 minutes by car
• Dubai Mall: Approx. 10–15 minutes by car
• Dubai Festival City Mall: Approx. 5 minutes by car
• Al Jaddaf Metro Station: Approx. 3 minutes by car
• Palm Jumeirah: Approx. 26 minutes by car
• Al Khail Road: Nearby major arterial road for city-wide access

Why Invest in Palazzo Versace, Culture Village, Dubai

• Distress pricing: AED 600,000 below the previous asking price — immediate equity on purchase
• Brand value: Versace-designed residences command strong rental premiums and prestige in the luxury market
• Ready rental income: Currently rented — investors can benefit from day-one yield
• VOT flexibility: Vacant on transfer option gives end-users or new landlords full control
• Waterfront scarcity: Limited Dubai Creek waterfront residences with hotel-service access
• Proximity to airport: 10-minute drive to DXB makes it attractive for short-term rental and global travellers
• Capital appreciation: Culture Village and Jaddaf Waterfront are established growth corridors in Dubai's real estate market

Golden Visa eligibility, rental and yield figures, handover timing and transport connectivity described above reflect source information published as at 17 August 2026 and can change. Confirm current status before relying on them.