3-bed · 2,975 sqftPalazzo Versace, Culture Village · 6th floor · completed 2015

1610, Palazzo Versace

Sold prices and rental history: sold twice, last in December 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1610 · DLD and Ejari recordsUpdated 20 March 2025

Last soldAED 5.9M10 December 2024

Current rentAED 80K /yr20 March 2025

Estimated yieldfree after one verification

Today's valuefree after one verification

Property timeline for 1610, Palazzo Versace

Today

What is 1610 worth today?

Last sold for AED 5,900,000 in 2024

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20 Mar 2025

20 Mar 2025RentedNew contract

AED 80,000/yr12 months · AED 27 per sqft

10 Dec 2024

10 Dec 2024SoldReady

AED 5,900,000AED 1,983 per sqft

14 Jan 2022

14 Jan 2022RentedNew contract

AED 440,000/yr12 months · AED 148 per sqft

14 Jan 2022

14 Jan 2022RentedNew contract

AED 220,000/yr24 months · AED 74 per sqft

24 Sep 2020

24 Sep 2020RentedNew contract

AED 220,000/yr24 months · AED 74 per sqft

22 Apr 2013

22 Apr 2013Sold by developerOff-plan

AED 10,500,000AED 3,529 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 March 2025.

Key facts

Type: 3-bed apartment
Size: 2,975 sqft
Floor: 6th of 8
Parking: B2-W166, B2-W167
Developer: Emirates PV Dubai
Completed: 2015
Last sold: AED 5.9M · December 2024
Building: Palazzo Versace

About 1610, Palazzo Versace

1610 is a three-bedroom apartment of 2,975 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 10 December 2024 for AED 5,900,000, or AED 1,983 per sqft, 4% below the AED 2,057 three-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 20 March 2025, is AED 80,000 a year: a gross yield of 1.4% on the 2024 price.

Sales and rents for 1610 over time

Sales

Unit 1610, each saleTypical three-bed in Palazzo Versace

1610 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents

Unit 1610, each contractTypical three-bed in Palazzo Versace

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 1610 sits

All 64 3-beds →

3-beds in Palazzo Versace · last 12 months2,369 /sqft Palazzo Versace · all types2,044 /sqft

1610 last sold in December 2024 at AED 1,983 per sqft, 4% below what three-beds in Palazzo Versace were fetching at the time (AED 2,057). 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. 1610's AED 80,000 is at the bottom of that range.

Recent 3-bed sales	Size	Price (AED)	Per sqft
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

3 3-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
1604	2-bed	1,763 sqft	AED 3.2MAED 3,200,000 · Jan 2019January 2019	150,700 /yr
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
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

1610, Palazzo Versace in numbers

Sold twice: first on 22 April 2013 for AED 10,500,000, last on 10 December 2024 for AED 5,900,000 (AED 1,983 per sqft).
Rented since September 2020 on 4 Ejari contracts, from AED 220,000 to AED 80,000 a year.
At AED 80,000 a year the gross yield on the 2024 price is 1.4%.
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 20 March 2025.

Questions about 1610, Palazzo Versace

What did unit 1610 last sell for?

AED 5,900,000 on 10 December 2024: AED 1,983 per sqft for 2,975 sqft. The unit has 2 registered sales; the first was AED 10,500,000 in April 2013.

What is the rent for unit 1610?

AED 80,000 a year on the contract signed on 20 March 2025. The previous contract, from January 2022, was AED 440,000; the unit has been rented since September 2020.

How big is unit 1610?

2,975 sqft (276.4 sqm): a three-bedroom apartment on the 6th floor of a 8-storey tower completed in 2015.

What is unit 1610 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 1610, Palazzo Versace

Starts from the last sale price (AED 5.9M, 10 December 2024). Switch to today's estimate once you have unlocked it.

Price: AED 5,900,000
Deposit, UAE resident (20%): AED 1,180,000
Deposit, non-resident (40%): AED 2,360,000
Monthly over 25 years at 3.7%: AED 24,139

Plus AED 252,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →