1102, Palazzo Versace
Sold prices and rental history: sold once, by the developer in February 2015, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1102, Palazzo Versace
What is 1102 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 14 March 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 4,895 sqft
- Floor
- 1st of 8
- Parking
- B1-W056, B1-W057
- Developer
- Emirates PV Dubai
- Completed
- 2015
- Last sold
- AED 14M · February 2015
- Building
- Palazzo Versace
About 1102, Palazzo Versace
1102 is a three-bedroom apartment of 4,895 sqft on the 1st floor of Palazzo Versace, a 8-storey tower in Culture Village completed in 2015 by Emirates PV Dubai. The developer sold it on 15 February 2015 for AED 14,000,000, or AED 2,860 per sqft, 16% below the AED 3,413 three-beds in the building were fetching at the time.
It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 14 March 2024, is AED 297,000 a year: a gross yield of 2.1% on the 2015 price.
Sales and rents for 1102 over time
1102 has sold once; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Palazzo Versace, and where 1102 sits
All 64 3-beds →1102 last sold in February 2015 at AED 2,860 per sqft, 16% below what three-beds in Palazzo Versace were fetching at the time (AED 3,413). Over the last 12 months three-beds sold for AED 3,574,440 to 9,000,000, around AED 2,369 per sqft, and rent for AED 380,000 to 800,000 a year. 1102's AED 297,000 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Feb 202612 February 2026 | 2,238 sqft | 5,800,000 | 2,591 | ||
| 11 Feb 202611 February 2026 | 3,799 sqft | 9,000,000 | 2,369 | ||
| 22 Dec 202522 December 2025 | 2,239 sqft | 3,574,440 | 1,596 | ||
| 9 May 20259 May 2025 | 3,213 sqft | 6,850,000 | 2,131 |
Palazzo Versace
Building166 apartments, 1-bed to 6-bed over 8 floors in Culture Village, completed in 2015 by Emirates PV Dubai. 6 sold in the last 12 months.
- Typical price per sqft
- AED 2,044
- Typical sale
- AED 3.73M
- Typical rent
- AED 250K /yr
- Typical yield
- 6.1%
Other units on the 1st floor
All 166 units in Palazzo Versace| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1101 | 2-bed | 2,998 sqft | AED 4.4MAED 4,400,000 · Sep 2023September 2023 | 280,000 /yr | |
| 1103 | 3-bed | 5,669 sqft | AED 7.4MAED 7,400,000 · Mar 2019March 2019 | ||
| 2106 | 2-bed | 2,998 sqft | AED 5.2MAED 5,200,000 · Nov 2024November 2024 | 290,000 /yr | |
| 2107 | 3-bed | 4,895 sqft | AED 8.99MAED 8,993,450 · Sep 2012September 2012 | 475,000 /yr |
1102, Palazzo Versace in numbers
- Sold once: by Emirates PV Dubai on 15 February 2015 for AED 14,000,000, or AED 2,860 per sqft.
- Rented since December 2020 on 2 Ejari contracts, from AED 270,000 to AED 297,000 a year.
- At AED 297,000 a year the gross yield on the 2015 price is 2.1%.
- Three-beds in Palazzo Versace sold for AED 3,574,440–9,000,000 in the 12 months to November 2026; the building's median across all types is AED 2,044 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 14 March 2024.
Questions about 1102, Palazzo Versace
What did unit 1102 last sell for?
AED 14,000,000 on 15 February 2015, sold by the developer: AED 2,860 per sqft for 4,895 sqft. It is the only registered sale of the unit.
What is the rent for unit 1102?
AED 297,000 a year on the contract signed on 14 March 2024. The previous contract, from December 2020, was AED 270,000.
How big is unit 1102?
4,895 sqft (454.8 sqm): a three-bedroom apartment on the 1st floor of a 8-storey tower completed in 2015.
What is unit 1102 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Palazzo Versace sold for AED 3,574,440 to 9,000,000 in the last 12 months, around AED 2,369 per sqft.
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Mortgage on 1102, Palazzo Versace
Starts from the last sale price (AED 14M, 15 February 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 14,000,000
- Deposit, UAE resident (20%)
- AED 2,800,000
- Deposit, non-resident (40%)
- AED 5,600,000
- Monthly over 25 years at 3.7%
- AED 57,278
Plus AED 593,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →