PALACE 4 SALE

Dubai’s opulent Palazzo Versace up for sale, with $163 million starting price

Among the interested buyers is Swiss-Italian banker Christopher Aleo

Courtesy of the Hotel

Palazzo Versace Dubai exterior view

Palazzo Versace Dubai, one of the most luxurious hotels in the UAE, is hitting the auction block with a starting price of $163 million, a figure significantly lower than its previous valuation of $380 million, after its owner ran...