What's the price range at Palazzo Versace Jumeirah Bay?
Current price per sqft: AED 8100. Recent transactions: 5BR 8500sqft at AED 68,850,000. Price history (12 months): ranging from AED 8012 to AED 8100/sqft.
Palazzo Versace Jumeirah Bay – Investment & Lifestyle FAQ
Complete guide to Palazzo Versace Jumeirah Bay in Jumeirah Bay Island: pricing, amenities, rental potential and ownership costs.
12
FAQ Pairs
4
Sections
36
Data Points
Today
Last Updated
Pricing & Units
What units are available at Palazzo Versace Jumeirah Bay?
Unit mix: 0 × 1BR, 68 × 2BR, 72 × 3BR, 0 × 4BR, 25 × Penthouse. Total: 165 units. Branded as Versacepremium positioning.
Is Palazzo Versace Jumeirah Bay a good value, or overpriced?
Tier: ULTRA_LUXURY. Investment thesis: "Palazzo Versace branded ultra-luxury island residence combining Italian fashion heritage with trophy island positioning. Exceptional prestige and international appeal.". Comparable buildings in Jumeirah Bay Island range AED 7600–8600/sqft. Verdict: Premium pricing justified by amenities and brand.. Consult a local agent for current market assessment.
Amenities & Building Features
What amenities does Palazzo Versace Jumeirah Bay offer?
Amenities: Versace Spa, Fine Dining, Private Beach, Yacht Club, Concierge and more. Year completed: 2024. Floors: 24. Branded partnership with Versace ensures concierge and lifestyle services.
How many floors and units per floor in Palazzo Versace Jumeirah Bay?
24 floors. Total units: 165. Average units/floor: 7. View types: Marina views, City views. Higher floors command premium pricing.
What's the typical apartment layout in Palazzo Versace Jumeirah Bay?
Layouts: Studio to 4-bedroom units. Most popular: 2-bedroom (68 units). Sizes vary 500–2,500 sqft. Many units have balconies/terraces. Furnished and unfurnished options available (check listing details).
Location & Proximity
How far is Palazzo Versace Jumeirah Bay from key landmarks?
Beach: 1 mins. Bay Station metro: 12 mins. Downtown Dubai: 28 mins. Airport (DXB): 32 mins.
Is Palazzo Versace Jumeirah Bay easy to get to and from?
Metro accessible via Bay Station. Schools within 5–15 mins. Shopping malls: Dubai Marina Mall, Ibn Battuta nearby. Parking: typically 1–2 spaces per unit. Good road connectivity to Sheikh Zayed Road and key exits.
What's the neighborhood like around Palazzo Versace Jumeirah Bay?
Located in Jumeirah Bay Island, a ultra-luxury community. Residents: expat professionals, families, investors. Dining & retail: diverse options within 5–15 mins. Safety: 24/7 security in building and community. Vibe: exclusive and high-end.
Owning Here
What are the service charges and annual costs?
Service charge: ~AED 2835/sqft/year typical for tier ULTRA_LUXURY. Estimate for 2BR (1500 sqft): AED 354375/month. DEWA: AED 400–600/month. Insurance: AED 1,000–2,000/year. Total holding cost: AED 800–1,500/month.
What kind of residents live in Palazzo Versace Jumeirah Bay?
Profile: Mix of owner-occupiers and investors. Typical buyers: expat professionals, families seeking quality lifestyle, buy-to-let investors targeting 4%–6% yields. Nationalities: diverse (UK, India, Saudi, Russia, China well represented). Community vibe: professional, family-oriented, investment-savvy.
What's the rental yield at Palazzo Versace Jumeirah Bay?
Gross rental yield: 3.8%–5.3%. 1BR typical rent: AED 5,000–6,000/month. 2BR: AED 40,000/month. Strong tenant demand; typical vacancy: 1–2 months/year.