4-bed · 5,032 sqftPalazzo Versace, Culture Village · 3rd floor · completed 2015

1305, Palazzo Versace

Sold prices and rental history: sold 5 times, last in July 2025, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1305 · DLD and Ejari recordsUpdated 22 July 2025
Last soldAED 8.13M22 July 2025
Current rentAED 600K /yr29 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1305, Palazzo Versace

What is 1305 worth today?

Last sold for AED 8,125,000 in 2025

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22 Jul 2025SoldReady
AED 8,125,000AED 1,614 per sqft
29 Aug 2024RentedNew contract
AED 600,000/yr12 months · AED 119 per sqft
15 Apr 2024RentedNew contract
AED 575,000/yr12 months · AED 114 per sqft
25 Dec 2019SoldReady
AED 12,500,000AED 2,483 per sqft
19 Jun 2017SoldReady
AED 15,000,000AED 2,980 per sqft
11 Aug 2014SoldOff-plan
AED 20,995,000AED 4,171 per sqft
9 May 2013Sold by developerOff-plan
AED 15,257,400AED 3,031 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 22 July 2025.

Key facts

Type
4-bed apartment
Size
5,032 sqft
Floor
3rd of 8
Parking
B1-W061, B1-W062, B1-W063
Developer
Emirates PV Dubai
Completed
2015
Last sold
AED 8.13M · July 2025

About 1305, Palazzo Versace

1305 is a four-bedroom apartment of 5,032 sqft on the 3rd floor of Palazzo Versace, a 8-storey tower in Culture Village completed in 2015 by Emirates PV Dubai. It last sold on 22 July 2025 for AED 8,125,000, or AED 1,614 per sqft, 34% below the AED 2,459 four-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 29 August 2024, is AED 600,000 a year: a gross yield of 7.4% on the 2025 price.

Sales and rents for 1305 over time

Sales
Unit 1305, each saleTypical four-bed in Palazzo Versace
10M20M2009201420192024Typical sale price by year: 2009 AED 16,055,500; 2012 AED 11,697,500; 2013 AED 15,849,250; 2018 AED 11,000,000; 2019 AED 6,755,000; 2021 AED 10,000,000; 2023 AED 12,500,000; 2024 AED 13,500,000Sold by developer, May 2013: AED 15,257,400 (AED 3,031 per sqft)Sold, August 2014: AED 20,995,000 (AED 4,171 per sqft)Sold, June 2017: AED 15,000,000 (AED 2,980 per sqft)Sold, December 2019: AED 12,500,000 (AED 2,483 per sqft)Sold, July 2025: AED 8,125,000 (AED 1,614 per sqft)

1305 has sold 5 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 1305, each contractTypical four-bed in Palazzo Versace
400K600K2018202020222024Typical rent by year: 2018 AED 365,000; 2019 AED 360,001; 2020 AED 375,000; 2021 AED 400,000; 2022 AED 725,000; 2023 AED 625,000; 2024 AED 715,000New contract, April 2024: AED 575,000 a yearNew contract, August 2024: AED 600,000 a year

Annual rent on each registered contract; the dashed line is the four-bed median of each year in the building.

4-beds in Palazzo Versace, and where 1305 sits

All 17 4-beds →

1305 last sold in July 2025 at AED 1,614 per sqft, 34% below what four-beds in Palazzo Versace were fetching at the time (AED 2,459).

Recent 4-bed salesUnit no.Price (AED)Summary
24 Dec 202413,500,000
20 Dec 202413,000,000
24 Oct 202415,250,000
19 Dec 202314,000,000
0 4-bed sales in the last 12 months

Palazzo Versace

Building

166 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%
Palazzo Versace, Culture Village: prices, sales and rents →

Other units on the 3rd floor

All 166 units in Palazzo Versace
Value
13012-bedAED 6.7M · Feb 2014
13023-bedAED 5.26M · Sep 2012
13032-bedAED 4.8M · Mar 2016
13042-bedAED 3M · Jan 2021
13062-bedAED 4.29M · Feb 2013
13072-bedAED 4.73M · Apr 2013
1308AED 5.4M · Nov 2025
1–7 of 23

1305, Palazzo Versace in numbers

  • Sold 5 times: first on 9 May 2013 for AED 15,257,400, last on 22 July 2025 for AED 8,125,000 (AED 1,614 per sqft).
  • Rented since April 2024 on 2 Ejari contracts, from AED 575,000 to AED 600,000 a year.
  • At AED 600,000 a year the gross yield on the 2025 price is 7.4%.

Source: YallaValue analysis of Dubai Land Department records. Updated 22 July 2025.

Questions about 1305, Palazzo Versace

What did unit 1305 last sell for?

AED 8,125,000 on 22 July 2025: AED 1,614 per sqft for 5,032 sqft. The unit has 5 registered sales; the first was AED 15,257,400 in May 2013.

What is the rent for unit 1305?

AED 600,000 a year on the contract signed on 29 August 2024. The previous contract, from April 2024, was AED 575,000.

How big is unit 1305?

5,032 sqft (467.5 sqm): a four-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2015.

What is unit 1305 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 1305, Palazzo Versace

Starts from the last sale price (AED 8.13M, 22 July 2025). Switch to today's estimate once you have unlocked it.
Price
AED 8,125,000
Deposit, UAE resident (20%)
AED 1,625,000
Deposit, non-resident (40%)
AED 3,250,000
Monthly over 25 years at 3.7%
AED 33,242

Plus AED 346,260 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →