3-bed · 4,895 sqftPalazzo Versace, Culture Village · 1st floor · completed 2015

1102, Palazzo Versace

Sold prices and rental history: sold once, by the developer in February 2015, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1102 · DLD and Ejari recordsUpdated 2 December 2025
Last soldAED 14M15 February 2015
Current rentAED 359K /yr2 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1102, Palazzo Versace

What is 1102 worth today?

Last sold for AED 14,000,000 in 2015

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2 Dec 2025RentedRenewal
AED 359,370/yr12 months · AED 73 per sqft
14 Mar 2024RentedNew contract
AED 297,000/yr12 months · AED 61 per sqft
2 Dec 2020RentedNew contract
AED 270,000/yr12 months · AED 55 per sqft
15 Feb 2015Sold by developerOff-plan
AED 14,000,000AED 2,860 per sqft

Source: Dubai Land Department. Updated 2 December 2025.

Key facts

Type
3-bed apartment
Size
4,895 sqft
Floor
1st of 8
Parking
B1-W056, B1-W057
Developer
Emirates PV Dubai
Completed
2015
Last sold
AED 14M · February 2015

About 1102, Palazzo Versace

1102 is a three-bedroom apartment of 4,895 sqft on the 1st floor of Palazzo Versace, a 8-storey tower in Culture Village completed in 2015 by Emirates PV Dubai. The developer sold it on 15 February 2015 for AED 14,000,000, or AED 2,860 per sqft, 16% below the AED 3,413 three-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 2 December 2025, is AED 359,370 a year: a gross yield of 2.6% on the 2015 price.

Sales and rents for 1102 over time

Sales
Unit 1102, each saleTypical three-bed in Palazzo Versace
5M10M15M2009201420192024Typical 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, February 2015: AED 14,000,000 (AED 2,860 per sqft)

1102 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1102, each contractTypical three-bed in Palazzo Versace
200K300K400K2016201920222025Typical 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, December 2020: AED 270,000 a yearNew contract, March 2024: AED 297,000 a yearRenewal, December 2025: AED 359,370 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 1102 sits

All 65 3-beds →

1102 last sold in February 2015 at AED 2,860 per sqft, 16% below what three-beds in Palazzo Versace were fetching at the time (AED 3,413). 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. 1102's AED 359,370 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
5 Oct 202610,400,000
6 Jul 20264,250,000
12 Feb 20265,800,000
11 Feb 20269,000,000
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 1st floor

All 166 units in Palazzo Versace
Value
11012-bedAED 4.4M · Sep 2023
11033-bedAED 7.4M · Mar 2019
21062-bedAED 5.2M · Nov 2024
21073-bedAED 8.99M · Sep 2012

1102, Palazzo Versace in numbers

  • Sold once: by Emirates PV Dubai on 15 February 2015 for AED 14,000,000, or AED 2,860 per sqft.
  • Rented since December 2020 on 3 Ejari contracts, from AED 270,000 to AED 359,370 a year.
  • At AED 359,370 a year the gross yield on the 2015 price is 2.6%.
  • 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 2 December 2025.

Questions about 1102, Palazzo Versace

What did unit 1102 last sell for?

AED 14,000,000 on 15 February 2015, sold by the developer: AED 2,860 per sqft for 4,895 sqft. It is the only registered sale of the unit.

What is the rent for unit 1102?

AED 359,370 a year on the contract renewed on 2 December 2025. The previous contract, from March 2024, was AED 297,000; the unit has been rented since December 2020.

How big is unit 1102?

4,895 sqft (454.8 sqm): a three-bedroom apartment on the 1st floor of a 8-storey tower completed in 2015.

What is unit 1102 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 1102, Palazzo Versace

Starts from the last sale price (AED 14M, 15 February 2015). Switch to today's estimate once you have unlocked it.
Price
AED 14,000,000
Deposit, UAE resident (20%)
AED 2,800,000
Deposit, non-resident (40%)
AED 5,600,000
Monthly over 25 years at 3.7%
AED 57,278

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