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2-bed · 2,018 sqftPalazzo Versace, Culture Village · 8th floor · completed 2015

1804, Palazzo Versace

Sold prices and rental history: sold twice, last in July 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1804 · DLD and Ejari recordsUpdated 19 July 2018
Last soldAED 1.68M19 July 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1804, Palazzo Versace

What is 1804 worth today?

Last sold for AED 1,682,900 in 2018

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19 Jul 2018SoldReady
AED 1,682,900AED 1,486 per sqft
17 Apr 2011Sold by developerOff-plan
AED 4,272,000AED 2,116 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 19 July 2018.

Key facts

Type
2-bed apartment
Size
2,018 sqft
Floor
8th of 8
Parking
B2-W140, B2-W141
Developer
Emirates PV Dubai
Completed
2015
Last sold
AED 1.68M · July 2018
Building
Palazzo Versace

About 1804, Palazzo Versace

1804 is a two-bedroom apartment of 2,018 sqft on the 8th floor of Palazzo Versace, a 8-storey tower in Culture Village completed in 2015 by Emirates PV Dubai. It last sold on 19 July 2018 for AED 1,682,900, or AED 1,486 per sqft, 7% below the AED 1,594 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1804 over time

Sales
Unit 1804, 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 2011: AED 4,272,000 (AED 2,116 per sqft)Sold, July 2018: AED 1,682,900 (AED 1,486 per sqft)

1804 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1804, 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 250,000

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 1804 sits

All 76 2-beds →

1804 last sold in July 2018 at AED 1,486 per sqft, 7% below what two-beds in Palazzo Versace were fetching at the time (AED 1,594). 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.

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 8th floor

All 166 units in Palazzo Versace
Value
18011-bedAED 3.87M · Mar 2016
18023-bedAED 11M · Jun 2014
18033-bedAED 9M · Feb 2013
18052-bedAED 2M · Sep 2019
28061-bedAED 4.5M · Nov 2012
28073-bedAED 6.85M · May 2025
28083-bedAED 5.4M · Jan 2024
1–7 of 9

1804, Palazzo Versace in numbers

  • Sold twice: first on 17 April 2011 for AED 4,272,000, last on 19 July 2018 for AED 1,682,900 (AED 1,486 per sqft).
  • 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 19 July 2018.

Questions about 1804, Palazzo Versace

What did unit 1804 last sell for?

AED 1,682,900 on 19 July 2018: AED 1,486 per sqft for 2,018 sqft. The unit has 2 registered sales; the first was AED 4,272,000 in April 2011.

How big is unit 1804?

2,018 sqft (187.5 sqm): a two-bedroom apartment on the 8th floor of a 8-storey tower completed in 2015.

What is unit 1804 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 1804, Palazzo Versace

Starts from the last sale price (AED 1.68M, 19 July 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,682,900
Deposit, UAE resident (20%)
AED 336,580
Deposit, non-resident (40%)
AED 673,160
Monthly over 25 years at 3.7%
AED 6,885

Plus AED 75,692 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →