4-bed · 5,269 sqftPalazzo Versace, Culture Village · 2nd floor · completed 2015

1205, Palazzo Versace

Sold prices and rental history: sold twice, last in December 2016, and rented once, from May 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1205 · DLD and Ejari recordsUpdated 30 May 2025
Last soldAED 7.91M6 December 2016
Current rentAED 25K /yr30 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1205, Palazzo Versace

What is 1205 worth today?

Last sold for AED 7,910,600 in 2016

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30 May 2025RentedNew contract · flagged as an outlier
AED 25,000/yr12 months · AED 5 per sqft
6 Dec 2016SoldReady
AED 7,910,600AED 1,501 per sqft
21 Aug 2013Sold by developerOff-plan
AED 7,910,600AED 1,501 per sqft

Source: Dubai Land Department. Updated 30 May 2025.

Key facts

Type
4-bed apartment
Size
5,269 sqft
Floor
2nd of 8
Parking
B1-W077, B1-W078, B1-W079
Developer
Emirates PV Dubai
Completed
2015
Last sold
AED 7.91M · December 2016

About 1205, Palazzo Versace

1205 is a four-bedroom apartment of 5,269 sqft on the 2nd floor of Palazzo Versace, a 8-storey tower in Culture Village completed in 2015 by Emirates PV Dubai. It last sold on 6 December 2016 for AED 7,910,600, or AED 1,501 per sqft.

One Ejari contract is registered, from 30 May 2025. The current contract, signed on 30 May 2025, is AED 25,000 a year: a gross yield of 0.3% on the 2016 price.

Sales and rents for 1205 over time

Sales
Unit 1205, each saleTypical four-bed in Palazzo Versace
10M15M20092013201720212025Typical sale price by year: 2009 AED 16,055,500; 2012 AED 11,697,500; 2013 AED 15,849,250; 2018 AED 11,000,000; 2019 AED 6,755,000; 2021 AED 10,000,000; 2023 AED 12,500,000; 2024 AED 13,500,000Sold by developer, August 2013: AED 7,910,600 (AED 1,501 per sqft)Sold, December 2016: AED 7,910,600 (AED 1,501 per sqft)

1205 has sold twice; the dashed line is the four-bed median of each year in the building.

Rents
Unit 1205, each contractTypical four-bed in Palazzo Versace
400K600K20182020202220242026Typical rent by year: 2018 AED 365,000; 2019 AED 360,001; 2020 AED 350,000; 2021 AED 405,000; 2022 AED 650,000; 2023 AED 625,000; 2024 AED 715,000; 2025 AED 707,500

Annual rent on each registered contract; the dashed line is the four-bed median of each year in the building.

4-beds in Palazzo Versace, and where 1205 sits

All 17 4-beds →

Over the last 12 months four-beds sold for AED 12,800,000, around AED 2,429 per sqft, and rent for AED 301,622 to 625,000 a year. 1205's AED 25,000 is at the bottom of that range.

Recent 4-bed salesUnit no.Price (AED)Summary
1 May 202612,800,000
22 Jul 20258,125,000
24 Dec 202413,500,000
20 Dec 202413,000,000
1 4-bed sale 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 2nd floor

All 166 units in Palazzo Versace
Value
12012-bedAED 6.35M · Aug 2013
12023-bedAED 8.55M · Dec 2014
12032-bedAED 8.72M · Feb 2009
12042-bedAED 4.95M · Nov 2012
12062-bedAED 3.25M · Jan 2026
12072-bedAED 3.64M · Feb 2023
12083-bedAED 7.56M · Jun 2014
1–7 of 23

1205, Palazzo Versace in numbers

  • Sold twice: first on 21 August 2013 for AED 7,910,600, last on 6 December 2016 for AED 7,910,600 (AED 1,501 per sqft).
  • Rented since May 2025 on one Ejari contract, at AED 25,000 a year.
  • At AED 25,000 a year the gross yield on the 2016 price is 0.3%.
  • Four-beds in Palazzo Versace sold for AED 12,800,000–12,800,000 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 30 May 2025.

Questions about 1205, Palazzo Versace

What did unit 1205 last sell for?

AED 7,910,600 on 6 December 2016: AED 1,501 per sqft for 5,269 sqft. The unit has 2 registered sales; the first was AED 7,910,600 in August 2013.

What is the rent for unit 1205?

AED 25,000 a year on the contract signed on 30 May 2025.

How big is unit 1205?

5,269 sqft (489.5 sqm): a four-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2015.

What is unit 1205 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Palazzo Versace sold for AED 12,800,000 to 12,800,000 in the last 12 months, around AED 2,429 per sqft.

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Mortgage on 1205, Palazzo Versace

Starts from the last sale price (AED 7.91M, 6 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 7,910,600
Deposit, UAE resident (20%)
AED 1,582,120
Deposit, non-resident (40%)
AED 3,164,240
Monthly over 25 years at 3.7%
AED 32,365

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