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2-bed · 1,686 sqftPalazzo Versace, Culture Village · 3rd floor · completed 2015

1307, Palazzo Versace

Sold prices and rental history: sold once, by the developer in April 2013, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1307 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 4.73M4 April 2013
Current rentAED 250K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1307, Palazzo Versace

What is 1307 worth today?

Last sold for AED 4,727,700 in 2013

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1 Sep 2024RentedNew contract
AED 250,000/yr12 months · AED 148 per sqft
20 Aug 2018RentedNew contract
AED 170,000/yr12 months · AED 101 per sqft
4 Apr 2013Sold by developerOff-plan
AED 4,727,700AED 2,804 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 September 2024.

Key facts

Type
2-bed apartment
Size
1,686 sqft
Floor
3rd of 8
Parking
B1-W105, B1-W106
Developer
Emirates PV Dubai
Completed
2015
Last sold
AED 4.73M · April 2013
Building
Palazzo Versace

About 1307, Palazzo Versace

1307 is a two-bedroom apartment of 1,686 sqft on the 3rd floor of Palazzo Versace, a 8-storey tower in Culture Village completed in 2015 by Emirates PV Dubai. The developer sold it on 4 April 2013 for AED 4,727,700, or AED 2,804 per sqft, 21% above the AED 2,318 two-beds in the building were fetching at the time.

It has been rented since 2018 on 2 Ejari contracts. The current contract, signed on 1 September 2024, is AED 250,000 a year: a gross yield of 5.3% on the 2013 price.

Sales and rents for 1307 over time

Sales
Unit 1307, each saleTypical two-bed in Palazzo Versace
5M2009201420192024Typical sale price by year: 2009 AED 7,767,500; 2011 AED 4,189,000; 2012 AED 4,191,438; 2013 AED 5,551,500; 2014 AED 6,373,700; 2016 AED 7,200,000; 2017 AED 3,416,131; 2018 AED 3,000,000; 2019 AED 2,000,000; 2021 AED 2,891,662; 2023 AED 3,520,000; 2024 AED 4,200,000; 2025 AED 3,633,300Sold by developer, April 2013: AED 4,727,700 (AED 2,804 per sqft)

1307 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1307, each contractTypical two-bed in Palazzo Versace
150K200K250K2016201920222025Typical rent by year: 2016 AED 235,000; 2017 AED 210,000; 2018 AED 180,000; 2019 AED 179,000; 2020 AED 150,000; 2021 AED 158,322; 2022 AED 201,600; 2023 AED 220,880; 2024 AED 250,000; 2025 AED 250,000New contract, August 2018: AED 170,000 a yearNew contract, September 2024: AED 250,000 a year

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

2-beds in Palazzo Versace, and where 1307 sits

All 76 2-beds →

1307 last sold in April 2013 at AED 2,804 per sqft, 21% above what two-beds in Palazzo Versace were fetching at the time (AED 2,318). Over the last 12 months two-beds sold for AED 3,015,526 to 3,880,000, around AED 1,887 per sqft, and rent for AED 225,000 to 250,000 a year. 1307's AED 250,000 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
18 Feb 20263,880,000
16 Jan 20263,250,000
22 Dec 20253,015,526
24 Jun 20253,466,600
3 2-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
13054-bedAED 8.13M · Jul 2025
13062-bedAED 4.29M · Feb 2013
1308AED 5.4M · Nov 2025
1–7 of 23

1307, Palazzo Versace in numbers

  • Sold once: by Emirates PV Dubai on 4 April 2013 for AED 4,727,700, or AED 2,804 per sqft.
  • Rented since August 2018 on 2 Ejari contracts, from AED 170,000 to AED 250,000 a year.
  • At AED 250,000 a year the gross yield on the 2013 price is 5.3%.
  • Two-beds in Palazzo Versace sold for AED 3,015,526–3,880,000 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 September 2024.

Questions about 1307, Palazzo Versace

What did unit 1307 last sell for?

AED 4,727,700 on 4 April 2013, sold by the developer: AED 2,804 per sqft for 1,686 sqft. It is the only registered sale of the unit.

What is the rent for unit 1307?

AED 250,000 a year on the contract signed on 1 September 2024. The previous contract, from August 2018, was AED 170,000.

How big is unit 1307?

1,686 sqft (156.6 sqm): a two-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2015.

What is unit 1307 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Palazzo Versace sold for AED 3,015,526 to 3,880,000 in the last 12 months, around AED 1,887 per sqft.

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Mortgage on 1307, Palazzo Versace

Starts from the last sale price (AED 4.73M, 4 April 2013). Switch to today's estimate once you have unlocked it.
Price
AED 4,727,700
Deposit, UAE resident (20%)
AED 945,540
Deposit, non-resident (40%)
AED 1,891,080
Monthly over 25 years at 3.7%
AED 19,342

Plus AED 203,573 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →