1209, Palazzo Versace
Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1209, Palazzo Versace
What is 1209 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 August 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 3,795 sqft
- Floor
- 2nd of 8
- Parking
- B1-W119, B1-W120
- Developer
- Emirates PV Dubai
- Completed
- 2015
- Last sold
- AED 12.4M · October 2015
- Building
- Palazzo Versace
About 1209, Palazzo Versace
1209 is a three-bedroom apartment of 3,795 sqft on the 2nd floor of Palazzo Versace, a 8-storey tower in Culture Village completed in 2015 by Emirates PV Dubai. The developer sold it on 26 October 2015 for AED 12,400,000, or AED 3,267 per sqft, in line with the AED 3,275 three-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 1 August 2025, is AED 420,000 a year: a gross yield of 3.4% on the 2015 price.
Sales and rents for 1209 over time
1209 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 1209 sits
All 64 3-beds →1209 last sold in October 2015 at AED 3,267 per sqft, in line with what three-beds in Palazzo Versace were fetching at the time (AED 3,275). 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. 1209's AED 420,000 is in the lower half 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 2nd floor
All 166 units in Palazzo Versace| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 2-bed | 2,074 sqft | AED 6.35MAED 6,350,000 · Aug 2013August 2013 | 300,000 /yr | |
| 1202 | 3-bed | 2,297 sqft | AED 8.55MAED 8,550,000 · Dec 2014December 2014 | ||
| 1203 | 2-bed | 1,801 sqft | AED 8.72MAED 8,717,277 · Feb 2009February 2009 | 250,000 /yr | |
| 1204 | 2-bed | 1,801 sqft | AED 4.95MAED 4,952,350 · Nov 2012November 2012 | ||
| 1205 | 4-bed | 5,269 sqft | AED 7.91MAED 7,910,600 · Dec 2016December 2016 | ||
| 1206 | 2-bed | 1,722 sqft | AED 3.25MAED 3,250,000 · Jan 2026January 2026 | 250,000 /yr | |
| 1207 | 2-bed | 1,724 sqft | AED 3.64MAED 3,640,000 · Feb 2023February 2023 | 145,000 /yr | |
| 1208 | 3-bed | 2,299 sqft | AED 7.56MAED 7,561,600 · Jun 2014June 2014 | 400,000 /yr | |
| 1210 | 3-bed | 3,113 sqft | AED 7MAED 7,000,000 · Jul 2021July 2021 | 364,000 /yr | |
| 1211 | 3-bed | 6,465 sqft | No registered sale | 380,000 /yr | |
| 1212 | 3-bed | 6,404 sqft | AED 15MAED 15,000,000 · Oct 2015October 2015 | ||
| 2213 | 2-bed | 2,074 sqft | AED 4.2MAED 4,200,000 · Jul 2023July 2023 | 180,000 /yr | |
| 2214 | 3-bed | 2,297 sqft | AED 5MAED 4,995,000 · Mar 2024March 2024 | 380,000 /yr | |
| 2215 | 2-bed | 1,801 sqft | AED 3.25MAED 3,250,000 · Apr 2023April 2023 | 200,000 /yr | |
| 2216 | 2-bed | 1,801 sqft | AED 4.18MAED 4,175,000 · Sep 2012September 2012 | 210,000 /yr | |
| 2217 | 4-bed | 5,269 sqft | AED 11.7MAED 11,697,500 · Sep 2012September 2012 | ||
| 2218 | 2-bed | 1,722 sqft | AED 5.55MAED 5,551,500 · Nov 2013November 2013 | 240,000 /yr | |
| 2219 | 2-bed | 1,724 sqft | AED 3.94MAED 3,942,400 · Aug 2012August 2012 | 260,000 /yr | |
| 2220 | 3-bed | 2,299 sqft | AED 4.18MAED 4,176,145 · Nov 2024November 2024 | ||
| 2221 | 3-bed | 3,795 sqft | No registered sale | 400,000 /yr | |
| 2222 | 5-bed | 10,678 sqft | AED 20MAED 20,000,000 · Mar 2024March 2024 | 800,000 /yr | |
| 2223 | 3-bed | 6,720 sqft | No registered sale | ||
| 2224 | 3-bed | 6,822 sqft | No registered sale | 350,000 /yr |
1209, Palazzo Versace in numbers
- Sold once: by Emirates PV Dubai on 26 October 2015 for AED 12,400,000, or AED 3,267 per sqft.
- Rented since December 2022 on 4 Ejari contracts, from AED 410,000 to AED 420,000 a year.
- At AED 420,000 a year the gross yield on the 2015 price is 3.4%.
- 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 1 August 2025.
Questions about 1209, Palazzo Versace
What did unit 1209 last sell for?
AED 12,400,000 on 26 October 2015, sold by the developer: AED 3,267 per sqft for 3,795 sqft. It is the only registered sale of the unit.
What is the rent for unit 1209?
AED 420,000 a year on the contract renewed on 1 August 2025. The previous contract, from August 2024, was AED 420,000; the unit has been rented since December 2022.
How big is unit 1209?
3,795 sqft (352.6 sqm): a three-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2015.
What is unit 1209 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 1209, Palazzo Versace
Starts from the last sale price (AED 12.4M, 26 October 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 12,400,000
- Deposit, UAE resident (20%)
- AED 2,480,000
- Deposit, non-resident (40%)
- AED 4,960,000
- Monthly over 25 years at 3.7%
- AED 50,732
Plus AED 525,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →