3-bed · 5,069 sqftPalazzo Versace, Culture Village · Ground floor · completed 2015

1003, Palazzo Versace

Sold prices and rental history: sold twice, last in October 2026, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1003 · DLD and Ejari recordsUpdated 5 October 2026
Last soldAED 10.4M5 October 2026
Current rentAED 1.26M /yr15 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1003, Palazzo Versace

What is 1003 worth today?

Last sold for AED 10,400,000 in 2026

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5 Oct 2026SoldReady
AED 10,400,000AED 2,051 per sqft
15 Sep 2025RentedNew contract · flagged as an outlier
AED 1,258,741/yr9 months · AED 248 per sqft
15 Sep 2025RentedNew contract
AED 1,258,741/yr9 months · AED 248 per sqft
1 Sep 2024RentedNew contract
AED 750,000/yr12 months · AED 148 per sqft
1 Sep 2022RentedNew contract
AED 750,000/yr24 months · AED 148 per sqft
22 Jun 2020RentedNew contract
AED 340,000/yr12 months · AED 67 per sqft
10 Oct 2019Sold by developerReady
AED 3,500,000AED 690 per sqft

Source: Dubai Land Department. Updated 5 October 2026.

Key facts

Type
3-bed apartment
Size
5,069 sqft
Floor
Ground of 8
Parking
B1-W064, B1-W065
Developer
Emirates PV Dubai
Completed
2015
Last sold
AED 10.4M · October 2026

About 1003, Palazzo Versace

1003 is a three-bedroom apartment of 5,069 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 5 October 2026 for AED 10,400,000, or AED 2,051 per sqft, 7% below the AED 2,210 three-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 15 September 2025, is AED 1,258,741 a year: a gross yield of 12.1% on the 2026 price.

Sales and rents for 1003 over time

Sales
Unit 1003, each saleTypical three-bed in Palazzo Versace
5M10M2009201420192024Typical sale price by year: 2009 AED 12,841,100; 2012 AED 6,879,300; 2013 AED 8,041,188; 2014 AED 9,897,600; 2015 AED 12,400,000; 2016 AED 9,920,550; 2018 AED 4,706,000; 2019 AED 3,543,958; 2021 AED 5,000,000; 2022 AED 4,675,567; 2024 AED 5,197,500; 2025 AED 5,500,000; 2026 AED 7,400,000Sold by developer, October 2019: AED 3,500,000 (AED 690 per sqft)Sold, October 2026: AED 10,400,000 (AED 2,051 per sqft)

1003 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1003, each contractTypical three-bed in Palazzo Versace
500K1M2016201920222025Typical rent by year: 2016 AED 315,000; 2017 AED 335,000; 2018 AED 310,000; 2019 AED 257,500; 2020 AED 235,000; 2021 AED 238,457; 2022 AED 350,000; 2023 AED 397,500; 2024 AED 435,000; 2025 AED 405,000; 2026 AED 422,500New contract, June 2020: AED 340,000 a yearNew contract, September 2022: AED 750,000 a yearNew contract, September 2024: AED 750,000 a yearNew contract, September 2025: AED 1,258,741 a year

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 1003 sits

All 65 3-beds →

1003 last sold in October 2026 at AED 2,051 per sqft, 7% below what three-beds in Palazzo Versace were fetching at the time (AED 2,210). 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. 1003's AED 1,258,741 is at the top of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
6 Jul 20264,250,000
12 Feb 20265,800,000
11 Feb 20269,000,000
22 Dec 20253,574,440
5 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. 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%
Palazzo Versace, Culture Village: prices, sales and rents →

Other units on the ground floor

All 166 units in Palazzo Versace
Value
10014-bedAED 15.5M · Jun 2023
10023-bedAED 3.5M · Aug 2019
10046-bedAED 25M · Jul 2024
10053-bedAED 15.13M · Feb 2009
10063-bedAED 13.34M · Jun 2014
10074-bedAED 15.25M · Oct 2024
20084-bedAED 14M · Dec 2023
1–7 of 12

1003, Palazzo Versace in numbers

  • Sold twice: first on 10 October 2019 for AED 3,500,000, last on 5 October 2026 for AED 10,400,000 (AED 2,051 per sqft).
  • Rented since June 2020 on 5 Ejari contracts, from AED 340,000 to AED 1,258,741 a year.
  • At AED 1,258,741 a year the gross yield on the 2026 price is 12.1%.
  • 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 5 October 2026.

Questions about 1003, Palazzo Versace

What did unit 1003 last sell for?

AED 10,400,000 on 5 October 2026: AED 2,051 per sqft for 5,069 sqft. The unit has 2 registered sales; the first was AED 3,500,000 in October 2019.

What is the rent for unit 1003?

AED 1,258,741 a year on the contract signed on 15 September 2025. The previous contract, from September 2025, was AED 1,258,741; the unit has been rented since June 2020.

How big is unit 1003?

5,069 sqft (470.9 sqm): a three-bedroom apartment on the ground floor of a 8-storey tower completed in 2015.

What is unit 1003 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 1003, Palazzo Versace

Starts from the last sale price (AED 10.4M, 5 October 2026). Switch to today's estimate once you have unlocked it.
Price
AED 10,400,000
Deposit, UAE resident (20%)
AED 2,080,000
Deposit, non-resident (40%)
AED 4,160,000
Monthly over 25 years at 3.7%
AED 42,550

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →