2-bed · 1,764 sqftPalazzo Versace, Culture Village · 4th floor · completed 2015

1403, Palazzo Versace

Sold prices and rental history: sold twice, last in August 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1403 · DLD and Ejari recordsUpdated 3 August 2023

Last soldAED 3.2M3 August 2023

Current rentAED 160K /yr31 May 2023

Estimated yieldfree after one verification

Today's valuefree after one verification

Property timeline for 1403, Palazzo Versace

Today

What is 1403 worth today?

Last sold for AED 3,200,000 in 2023

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3 Aug 2023

3 Aug 2023SoldReady

AED 3,200,000AED 1,814 per sqft

31 May 2023

31 May 2023RentedRenewal

AED 160,000/yr12 months · AED 91 per sqft

31 May 2022

31 May 2022RentedRenewal

AED 160,000/yr12 months · AED 91 per sqft

31 May 2021

31 May 2021RentedRenewal

AED 143,000/yr12 months · AED 81 per sqft

31 May 2020

31 May 2020RentedNew contract

AED 130,000/yr12 months · AED 74 per sqft

25 Feb 2009

25 Feb 2009Sold by developerOff-plan

AED 4,000,100AED 2,268 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 3 August 2023.

Key facts

Type: 2-bed apartment
Size: 1,764 sqft
Floor: 4th of 8
Parking: B1M-W023, B1M-W024
Developer: Emirates PV Dubai
Completed: 2015
Last sold: AED 3.2M · August 2023
Building: Palazzo Versace

About 1403, Palazzo Versace

1403 is a two-bedroom apartment of 1,764 sqft on the 4th floor of Palazzo Versace, a 8-storey tower in Culture Village completed in 2015 by Emirates PV Dubai. It last sold on 3 August 2023 for AED 3,200,000, or AED 1,814 per sqft, 6% below the AED 1,920 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 31 May 2023, is AED 160,000 a year: a gross yield of 5.0% on the 2023 price.

Sales and rents for 1403 over time

Sales

Unit 1403, each saleTypical two-bed in Palazzo Versace

1403 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents

Unit 1403, each contractTypical two-bed in Palazzo Versace

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 1403 sits

All 76 2-beds →

2-beds in Palazzo Versace · last 12 months1,887 /sqft Palazzo Versace · all types2,044 /sqft

1403 last sold in August 2023 at AED 1,814 per sqft, 6% below what two-beds in Palazzo Versace were fetching at the time (AED 1,920). 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. 1403's AED 160,000 is at the bottom of that range.

Recent 2-bed sales	Size	Price (AED)	Per sqft
18 Feb 202618 February 2026	1,763 sqft	3,880,000	2,200
16 Jan 202616 January 2026	1,722 sqft	3,250,000	1,887
22 Dec 202522 December 2025	1,763 sqft	3,015,526	1,710
24 Jun 202524 June 2025	2,021 sqft	3,466,600	1,715

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 4th floor

All 166 units in Palazzo Versace


1401	2-bed	2,038 sqft	AED 11.83MAED 11,829,600 · Feb 2009February 2009
1402	3-bed	334 sqft	AED 18.23MAED 18,232,161 · Feb 2009February 2009	340,000 /yr
1405	4-bed	5,016 sqft	AED 9MAED 9,000,000 · Aug 2019August 2019
1406	2-bed	1,685 sqft	AED 4.21MAED 4,207,375 · Oct 2012October 2012	165,000 /yr
1407	2-bed	1,686 sqft	AED 4.34MAED 4,337,500 · Nov 2012November 2012	235,000 /yr
1408	3-bed	2,239 sqft	AED 6.26MAED 6,261,300 · Mar 2013March 2013	390,000 /yr
1409	3-bed	3,782 sqft	AED 11.98MAED 11,984,600 · Dec 2013December 2013
1410	3-bed	2,986 sqft	AED 9.8MAED 9,803,558 · Sep 2015September 2015	360,000 /yr
1411	2-bed	2,017 sqft	AED 6.68MAED 6,678,400 · Jun 2014June 2014	250,000 /yr
1412	2-bed	2,017 sqft	AED 1.08MAED 1,078,868 · Sep 2019September 2019	180,000 /yr
2413	2-bed	2,038 sqft	AED 7.07MAED 7,070,000 · Feb 2015February 2015	315,000 /yr
2414	3-bed	2,238 sqft	AED 4.77MAED 4,770,000 · Jun 2024June 2024	425,000 /yr
2415	2-bed	1,764 sqft	AED 3.06MAED 3,060,000 · Aug 2018August 2018	210,000 /yr
2416	2-bed	1,763 sqft	AED 3.02MAED 3,015,526 · Dec 2025December 2025	150,000 /yr
2417	4-bed	5,016 sqft	AED 13MAED 13,000,000 · Dec 2024December 2024	650,000 /yr
2418	2-bed	1,685 sqft	AED 3.8MAED 3,800,000 · Apr 2025April 2025	145,000 /yr
2419	2-bed	1,686 sqft	AED 7.11MAED 7,106,220 · Feb 2009February 2009	235,000 /yr
2420	3-bed	2,239 sqft	AED 3.59MAED 3,587,915 · Jul 2019July 2019	320,000 /yr
2421	3-bed	3,782 sqft	AED 8.28MAED 8,275,350 · Sep 2012September 2012	450,000 /yr
2422	3-bed	2,986 sqft	AED 12.32MAED 12,320,000 · Sep 2015September 2015	425,000 /yr
2423	2-bed	2,017 sqft	No registered sale	120,000 /yr
2424	2-bed	2,017 sqft	AED 4.2MAED 4,200,000 · May 2024May 2024

1–7 of 22

1403, Palazzo Versace in numbers

Sold twice: first on 25 February 2009 for AED 4,000,100, last on 3 August 2023 for AED 3,200,000 (AED 1,814 per sqft).
Rented since May 2020 on 4 Ejari contracts, from AED 130,000 to AED 160,000 a year.
At AED 160,000 a year the gross yield on the 2023 price is 5.0%.
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 3 August 2023.

Questions about 1403, Palazzo Versace

What did unit 1403 last sell for?

AED 3,200,000 on 3 August 2023: AED 1,814 per sqft for 1,764 sqft. The unit has 2 registered sales; the first was AED 4,000,100 in February 2009.

What is the rent for unit 1403?

AED 160,000 a year on the contract renewed on 31 May 2023. The previous contract, from May 2022, was AED 160,000; the unit has been rented since May 2020.

How big is unit 1403?

1,764 sqft (163.9 sqm): a two-bedroom apartment on the 4th floor of a 8-storey tower completed in 2015.

What is unit 1403 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 1403, Palazzo Versace

Starts from the last sale price (AED 3.2M, 3 August 2023). Switch to today's estimate once you have unlocked it.

Price: AED 3,200,000
Deposit, UAE resident (20%): AED 640,000
Deposit, non-resident (40%): AED 1,280,000
Monthly over 25 years at 3.7%: AED 13,092

Plus AED 139,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →