2-bed · 1,763 sqftPalazzo Versace, Culture Village · 6th floor · completed 2015

1604, Palazzo Versace

Sold prices and rental history: sold twice, last in January 2019, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1604 · DLD and Ejari recordsUpdated 1 April 2025

Last soldAED 3.2M31 January 2019

Current rentAED 151K /yr1 April 2025

Estimated yieldfree after one verification

Today's valuefree after one verification

Property timeline for 1604, Palazzo Versace

Today

What is 1604 worth today?

Last sold for AED 3,200,000 in 2019

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1 Apr 2025

1 Apr 2025RentedNew contract

AED 150,700/yr12 months · AED 85 per sqft

25 Mar 2020

25 Mar 2020RentedNew contract

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

31 Jan 2019

31 Jan 2019SoldReady

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

8 Oct 2018

8 Oct 2018RentedNew contract

AED 170,000/yr12 months · AED 96 per sqft

17 May 2017

17 May 2017Sold by developerReady

AED 4,001,938AED 2,269 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 April 2025.

Key facts

Type: 2-bed apartment
Size: 1,763 sqft
Floor: 6th of 8
Parking: B2-W133, B2-W134
Developer: Emirates PV Dubai
Completed: 2015
Last sold: AED 3.2M · January 2019
Building: Palazzo Versace

About 1604, Palazzo Versace

1604 is a two-bedroom apartment of 1,763 sqft on the 6th floor of Palazzo Versace, a 8-storey tower in Culture Village completed in 2015 by Emirates PV Dubai. It last sold on 31 January 2019 for AED 3,200,000, or AED 1,814 per sqft, 7% above the AED 1,701 two-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 1 April 2025, is AED 150,700 a year: a gross yield of 4.7% on the 2019 price.

Sales and rents for 1604 over time

Sales

Unit 1604, each saleTypical two-bed in Palazzo Versace

1604 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents

Unit 1604, 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 1604 sits

All 76 2-beds →

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

1604 last sold in January 2019 at AED 1,814 per sqft, 7% above what two-beds in Palazzo Versace were fetching at the time (AED 1,701). 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. 1604's AED 150,700 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 6th floor

All 166 units in Palazzo Versace


1601	2-bed	2,038 sqft	AED 4.29MAED 4,285,000 · Jul 2024July 2024	170,000 /yr
1602	3-bed	2,238 sqft	AED 4.6MAED 4,604,962 · Mar 2022March 2022	335,000 /yr
1603	2-bed	1,764 sqft	AED 9.45MAED 9,451,662 · Jan 2012January 2012
1605	4-bed	5,001 sqft	AED 139KAED 138,770 · Jan 2022January 2022	250,000 /yr
1606	2-bed	1,685 sqft	AED 5.5MAED 5,500,000 · Apr 2011April 2011	265,000 /yr
1607	2-bed	1,686 sqft	AED 4.33MAED 4,325,100 · Feb 2009February 2009	188,000 /yr
1608	3-bed	2,239 sqft	AED 6.31MAED 6,311,590 · Feb 2014February 2014	210,000 /yr
1609	3-bed	3,821 sqft	AED 12.28MAED 12,279,100 · Jan 2014January 2014	50,000 /yr
1610	3-bed	2,975 sqft	AED 5.9MAED 5,900,000 · Dec 2024December 2024	80,000 /yr
1611	2-bed	2,021 sqft	AED 6.12MAED 6,117,840 · Aug 2013August 2013	200,000 /yr
1612	2-bed	2,021 sqft	AED 3.4MAED 3,400,000 · Sep 2023September 2023
2613	2-bed	2,038 sqft	AED 3.09MAED 3,094,500 · Sep 2012September 2012	300,000 /yr
2614	3-bed	2,238 sqft	AED 6MAED 6,000,000 · Feb 2018February 2018	320,000 /yr
2615	2-bed	1,764 sqft	AED 3.4MAED 3,400,000 · May 2021May 2021	280,000 /yr
2616	2-bed	1,763 sqft	AED 3.88MAED 3,880,000 · Feb 2026February 2026	260,000 /yr
2617	4-bed	5,001 sqft	AED 20MAED 20,000,000 · Jul 2014July 2014	715,000 /yr
2618	2-bed	1,685 sqft	AED 2.5MAED 2,500,000 · May 2021May 2021	150,000 /yr
2620	3-bed	2,239 sqft	AED 10.11MAED 10,112,400 · Feb 2009February 2009
2621	3-bed	3,821 sqft	AED 8.36MAED 8,360,000 · Oct 2024October 2024	395,000 /yr
2622	3-bed	2,975 sqft	AED 4.75MAED 4,746,171 · Dec 2022December 2022
2623	2-bed	2,021 sqft	AED 1.06MAED 1,059,976 · Sep 2019September 2019	235,000 /yr
2624	2-bed	2,021 sqft	AED 2.74MAED 2,741,813 · Jan 2017January 2017	190,000 /yr

1–7 of 22

1604, Palazzo Versace in numbers

Sold twice: first on 17 May 2017 for AED 4,001,938, last on 31 January 2019 for AED 3,200,000 (AED 1,814 per sqft).
Rented since October 2018 on 3 Ejari contracts. The rent fell from AED 170,000 to AED 130,000 in 2020 and recovered to AED 150,700 by April 2025.
At AED 150,700 a year the gross yield on the 2019 price is 4.7%.
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 April 2025.

Questions about 1604, Palazzo Versace

What did unit 1604 last sell for?

AED 3,200,000 on 31 January 2019: AED 1,814 per sqft for 1,763 sqft. The unit has 2 registered sales; the first was AED 4,001,938 in May 2017.

What is the rent for unit 1604?

AED 150,700 a year on the contract signed on 1 April 2025. The previous contract, from March 2020, was AED 130,000; the unit has been rented since October 2018.

How big is unit 1604?

1,763 sqft (163.8 sqm): a two-bedroom apartment on the 6th floor of a 8-storey tower completed in 2015.

What is unit 1604 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 1604, Palazzo Versace

Starts from the last sale price (AED 3.2M, 31 January 2019). 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 →