3-bed · 6,465 sqftPalazzo Versace, Culture Village · 2nd floor · completed 2015

1211, Palazzo Versace

Sold prices and rental history: no registered sale, and rented once, from March 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1211 · DLD and Ejari recordsUpdated 1 March 2019
Current rentAED 380K /yr1 March 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1211, Palazzo Versace

What is 1211 worth today?

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Mar 2019RentedNew contract
AED 380,000/yr12 months · AED 59 per sqft

Source: Dubai Land Department. Updated 1 March 2019.

Key facts

Type
3-bed apartment
Size
6,465 sqft
Floor
2nd of 8
Parking
B1-W068, B1-W069
Developer
Emirates PV Dubai
Completed
2015
Last sold
No registered sale

About 1211, Palazzo Versace

1211 is a three-bedroom apartment of 6,465 sqft on the 2nd floor of Palazzo Versace, a 8-storey tower in Culture Village completed in 2015 by Emirates PV Dubai. No sale of the unit is registered with the Dubai Land Department.

One Ejari contract is registered, from 1 March 2019. The current contract, signed on 1 March 2019, is AED 380,000 a year.

Sales and rents for 1211 over time

Sales
Unit 1211, 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 7,400,000

No registered sale of 1211; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1211, 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, March 2019: AED 380,000 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 1211 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. 1211's AED 380,000 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

1211, Palazzo Versace in numbers

  • No sale of the unit is registered with the Dubai Land Department.
  • Rented since March 2019 on one Ejari contract, at AED 380,000 a year.
  • 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 March 2019.

Questions about 1211, Palazzo Versace

What is the rent for unit 1211?

AED 380,000 a year on the contract signed on 1 March 2019.

How big is unit 1211?

6,465 sqft (600.6 sqm): a three-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2015.

What is unit 1211 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.

Selling 1211? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works