1002, Palazzo Versace
Sold prices and rental history: sold twice, last in August 2019, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1002, Palazzo Versace
What is 1002 worth today?
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Source: Dubai Land Department. Updated 1 December 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 5,084 sqft
- Floor
- Ground of 8
- Parking
- B1-W075, B1-W076
- Developer
- Emirates PV Dubai
- Completed
- 2015
- Last sold
- AED 3.5M · August 2019
- Building
- Palazzo Versace
About 1002, Palazzo Versace
1002 is a three-bedroom apartment of 5,084 sqft on the ground floor of Palazzo Versace, a 8-storey tower in Culture Village completed in 2015 by Emirates PV Dubai. It last sold on 22 August 2019 for AED 3,500,000, or AED 688 per sqft, 53% below the AED 1,454 three-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 1 December 2025, is AED 800,000 a year: a gross yield of 22.9% on the 2019 price.
Sales and rents for 1002 over time
1002 has sold twice; the dashed line is the three-bed median of each year in the building.
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 1002 sits
All 65 3-beds →1002 last sold in August 2019 at AED 688 per sqft, 53% below what three-beds in Palazzo Versace were fetching at the time (AED 1,454). Over the last 12 months three-beds sold for AED 3,574,440 to 10,400,000, around AED 2,051 per sqft, and rent for AED 300,000 to 800,000 a year. 1002's AED 800,000 is at the top of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Oct 20265 October 2026 | 5,069 sqft | 10,400,000 | 2,051 | ||
| 6 Jul 20266 July 2026 | 2,239 sqft | 4,250,000 | 1,897 | ||
| 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 |
Palazzo Versace
Building166 apartments, 1-bed to 6-bed over 8 floors in Culture Village, completed in 2015 by Emirates PV Dubai. 15 sold in the last 12 months.
- Typical price per sqft
- AED 2,051 Down 0.3%
- Typical sale
- AED 3.9M
- Typical rent
- AED 267K /yr
- Typical yield
- 6.0%
Other units on the ground floor
All 166 units in Palazzo Versace| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 4-bed | 6,444 sqft | AED 15.5MAED 15,500,000 · Jun 2023June 2023 | 800,000 /yr | |
| 1003 | 3-bed | 5,069 sqft | AED 10.4MAED 10,400,000 · Oct 2026October 2026 | 1,258,741 /yr | |
| 1004 | 6-bed | 14,326 sqft | AED 25MAED 25,000,000 · Jul 2024July 2024 | 1,650,000 /yr | |
| 1005 | 3-bed | 4,869 sqft | AED 15.13MAED 15,125,000 · Feb 2009February 2009 | ||
| 1006 | 3-bed | 4,806 sqft | AED 13.34MAED 13,344,000 · Jun 2014June 2014 | 600,000 /yr | |
| 1007 | 4-bed | 6,552 sqft | AED 15.25MAED 15,250,000 · Oct 2024October 2024 | 850,000 /yr | |
| 2008 | 4-bed | 6,444 sqft | AED 14MAED 14,000,000 · Dec 2023December 2023 | 40,000 /yr | |
| 2009 | 3-bed | 5,084 sqft | AED 12MAED 12,000,000 · Aug 2012August 2012 | 650,000 /yr | |
| 2010 | 3-bed | 5,075 sqft | AED 12MAED 12,000,000 · Aug 2012August 2012 | 750,000 /yr | |
| 2011 | 6-bed | 15,246 sqft | No registered sale | 263,858 /yr | |
| 2012 | 3-bed | 4,879 sqft | AED 6.16MAED 6,157,543 · Mar 2022March 2022 | 25,000 /yr | |
| 2013 | 3-bed | 4,806 sqft | AED 15.2MAED 15,200,000 · Feb 2009February 2009 |
1002, Palazzo Versace in numbers
- Sold twice: first on 24 February 2009 for AED 16,996,106, last on 22 August 2019 for AED 3,500,000 (AED 688 per sqft).
- Rented since October 2019 on 6 Ejari contracts, from AED 400,000 to AED 800,000 a year.
- At AED 800,000 a year the gross yield on the 2019 price is 22.9%.
- Three-beds in Palazzo Versace sold for AED 3,574,440–10,400,000 in the 12 months to November 2026; the building's median across all types is AED 2,051 per sqft.
Source: Dubai Land Department. Updated 1 December 2025.
Questions about 1002, Palazzo Versace
What did unit 1002 last sell for?
AED 3,500,000 on 22 August 2019: AED 688 per sqft for 5,084 sqft. The unit has 2 registered sales; the first was AED 16,996,106 in February 2009.
What is the rent for unit 1002?
AED 800,000 a year on the contract signed on 1 December 2025. The previous contract, from September 2024, was AED 825,000; the unit has been rented since October 2019.
How big is unit 1002?
5,084 sqft (472.3 sqm): a three-bedroom apartment on the ground floor of a 8-storey tower completed in 2015.
What is unit 1002 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 10,400,000 in the last 12 months, around AED 2,051 per sqft.
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Mortgage on 1002, Palazzo Versace
Starts from the last sale price (AED 3.5M, 22 August 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 3,500,000
- Deposit, UAE resident (20%)
- AED 700,000
- Deposit, non-resident (40%)
- AED 1,400,000
- Monthly over 25 years at 3.7%
- AED 14,320
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →