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3-bed · 3,113 sqftPalazzo Versace, Culture Village · 2nd floor · completed 2015

1210, Palazzo Versace

Sold prices and rental history: sold 5 times, last in July 2021, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1210 · DLD and Ejari recordsUpdated 1 January 2025
Last soldAED 7M4 July 2021
Current rentAED 364K /yr1 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1210, Palazzo Versace

What is 1210 worth today?

Last sold for AED 7,000,000 in 2021

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1 Jan 2025RentedNew contract
AED 364,000/yr36 months · AED 117 per sqft
1 Mar 2022RentedRenewal
AED 242,000/yr12 months · AED 78 per sqft
4 Jul 2021SoldReady
AED 7,000,000AED 2,248 per sqft
1 Mar 2021RentedNew contract
AED 220,000/yr12 months · AED 71 per sqft
1 Oct 2018RentedNew contract
AED 250,000/yr12 months · AED 80 per sqft
23 Apr 2017RentedNew contract
AED 300,000/yr12 months · AED 96 per sqft
26 May 2016SoldReady
AED 7,000,000AED 2,248 per sqft
22 Mar 2016SoldReady
AED 5,250,000AED 1,686 per sqft

Source: Dubai Land Department. Updated 1 January 2025.

Key facts

Type
3-bed apartment
Size
3,113 sqft
Floor
2nd of 8
Parking
B1-W121, B1-W122
Developer
Emirates PV Dubai
Completed
2015
Last sold
AED 7M · July 2021
Building
Palazzo Versace

About 1210, Palazzo Versace

1210 is a three-bedroom apartment of 3,113 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 4 July 2021 for AED 7,000,000, or AED 2,248 per sqft.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 1 January 2025, is AED 364,000 a year: a gross yield of 5.2% on the 2021 price.

Sales and rents for 1210 over time

Sales
Unit 1210, 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, April 2013: AED 8,295,000 (AED 2,664 per sqft)Sold, October 2013: AED 5,250,000 (AED 1,686 per sqft)Sold, March 2016: AED 5,250,000 (AED 1,686 per sqft)Sold, May 2016: AED 7,000,000 (AED 2,248 per sqft)Sold, July 2021: AED 7,000,000 (AED 2,248 per sqft)

1210 has sold 5 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1210, 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, April 2017: AED 300,000 a yearNew contract, October 2018: AED 250,000 a yearNew contract, March 2021: AED 220,000 a yearRenewal, March 2022: AED 242,000 a yearNew contract, January 2025: AED 364,000 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 1210 sits

All 65 3-beds →

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. 1210's AED 364,000 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 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
12054-bedAED 7.91M · Dec 2016
12062-bedAED 3.25M · Jan 2026
12072-bedAED 3.64M · Feb 2023
1–7 of 23

1210, Palazzo Versace in numbers

  • Sold 5 times: first on 29 April 2013 for AED 8,295,000, last on 4 July 2021 for AED 7,000,000 (AED 2,248 per sqft).
  • Rented since April 2017 on 5 Ejari contracts. The rent fell from AED 300,000 to AED 220,000 in 2021 and recovered to AED 364,000 by January 2025.
  • At AED 364,000 a year the gross yield on the 2021 price is 5.2%.
  • 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 January 2025.

Questions about 1210, Palazzo Versace

What did unit 1210 last sell for?

AED 7,000,000 on 4 July 2021: AED 2,248 per sqft for 3,113 sqft. The unit has 5 registered sales; the first was AED 8,295,000 in April 2013.

What is the rent for unit 1210?

AED 364,000 a year on the contract signed on 1 January 2025. The previous contract, from March 2022, was AED 242,000; the unit has been rented since April 2017.

How big is unit 1210?

3,113 sqft (289.2 sqm): a three-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2015.

What is unit 1210 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 1210, Palazzo Versace

Starts from the last sale price (AED 7M, 4 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 7,000,000
Deposit, UAE resident (20%)
AED 1,400,000
Deposit, non-resident (40%)
AED 2,800,000
Monthly over 25 years at 3.7%
AED 28,639

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