2-bed · 2,038 sqftPalazzo Versace, Culture Village · 3rd floor · completed 2015

1301, Palazzo Versace

Sold prices and rental history: sold twice, last in February 2014, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1301 · DLD and Ejari recordsUpdated 7 December 2025
Last soldAED 6.7M19 February 2014
Current rentAED 233K /yr7 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1301, Palazzo Versace

What is 1301 worth today?

Last sold for AED 6,704,750 in 2014

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7 Dec 2025RentedRenewal
AED 232,927/yr9 months · AED 114 per sqft
7 Dec 2025RentedRenewal
AED 232,927/yr9 months · AED 114 per sqft
7 Dec 2024RentedRenewal
AED 232,848/yr12 months · AED 114 per sqft
7 Dec 2024RentedRenewal
AED 232,848/yr12 months · AED 114 per sqft
7 Dec 2023RentedRenewal
AED 221,760/yr12 months · AED 109 per sqft
7 Dec 2022RentedRenewal
AED 201,600/yr12 months · AED 99 per sqft
7 Dec 2021RentedRenewal
AED 168,000/yr12 months · AED 82 per sqft
7 Dec 2020RentedRenewal
AED 160,000/yr12 months · AED 78 per sqft

Source: Dubai Land Department. Updated 7 December 2025.

Key facts

Type
2-bed apartment
Size
2,038 sqft
Floor
3rd of 8
Parking
B1-W123, B1-W124
Developer
Emirates PV Dubai
Completed
2015
Last sold
AED 6.7M · February 2014

About 1301, Palazzo Versace

1301 is a two-bedroom apartment of 2,038 sqft on the 3rd floor of Palazzo Versace, a 8-storey tower in Culture Village completed in 2015 by Emirates PV Dubai. It last sold on 19 February 2014 for AED 6,704,750, or AED 3,289 per sqft, 8% above the AED 3,044 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 11 Ejari contracts. The current contract, renewed on 7 December 2025, is AED 232,927 a year: a gross yield of 3.5% on the 2014 price.

Sales and rents for 1301 over time

Sales
Unit 1301, each saleTypical two-bed in Palazzo Versace
5M2009201420192024Typical sale price by year: 2009 AED 7,988,750; 2011 AED 4,189,000; 2012 AED 4,191,438; 2013 AED 5,551,500; 2014 AED 6,373,700; 2016 AED 7,200,000; 2017 AED 3,416,131; 2018 AED 3,000,000; 2019 AED 2,000,000; 2021 AED 2,891,662; 2023 AED 3,520,000; 2024 AED 4,200,000; 2025 AED 3,466,600; 2026 AED 3,880,000Sold by developer, September 2012: AED 3,094,500 (AED 1,518 per sqft)Sold, February 2014: AED 6,704,750 (AED 3,289 per sqft)

1301 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1301, each contractTypical two-bed in Palazzo Versace
150K200K250K2016201920222025Typical rent by year: 2016 AED 220,000; 2017 AED 210,000; 2018 AED 180,000; 2019 AED 175,625; 2020 AED 150,000; 2021 AED 155,000; 2022 AED 200,000; 2023 AED 221,760; 2024 AED 250,000; 2025 AED 250,000; 2026 AED 231,000New contract, December 2017: AED 210,000 a yearRenewal, December 2018: AED 180,000 a yearRenewal, December 2019: AED 180,000 a yearRenewal, December 2020: AED 160,000 a yearRenewal, December 2021: AED 168,000 a yearRenewal, December 2022: AED 201,600 a yearRenewal, December 2023: AED 221,760 a yearRenewal, December 2024: AED 232,848 a yearRenewal, December 2024: AED 232,848 a yearRenewal, December 2025: AED 232,927 a yearRenewal, December 2025: AED 232,927 a year

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

2-beds in Palazzo Versace, and where 1301 sits

All 77 2-beds →

1301 last sold in February 2014 at AED 3,289 per sqft, 8% above what two-beds in Palazzo Versace were fetching at the time (AED 3,044). Over the last 12 months two-beds sold for AED 3,015,526 to 4,000,000, around AED 2,041 per sqft, and rent for AED 165,000 to 330,000 a year. 1301's AED 232,927 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
5 Oct 20263,600,000
2 Oct 20263,900,000
19 Aug 20264,000,000
22 Jul 20263,500,000
9 2-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 3rd floor

All 166 units in Palazzo Versace
Value
13023-bedAED 5.26M · Sep 2012
13032-bedAED 4.8M · Mar 2016
13042-bedAED 3M · Jan 2021
13054-bedAED 8.13M · Jul 2025
13062-bedAED 4.29M · Feb 2013
13072-bedAED 4.73M · Apr 2013
13083-bedAED 5.4M · Nov 2025
1–7 of 23

1301, Palazzo Versace in numbers

  • Sold twice: first on 24 September 2012 for AED 3,094,500, last on 19 February 2014 for AED 6,704,750 (AED 3,289 per sqft).
  • Rented since December 2017 on 11 Ejari contracts. The rent fell from AED 210,000 to AED 160,000 in 2020 and recovered to AED 232,927 by December 2025.
  • At AED 232,927 a year the gross yield on the 2014 price is 3.5%.
  • Two-beds in Palazzo Versace sold for AED 3,015,526–4,000,000 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 7 December 2025.

Questions about 1301, Palazzo Versace

What did unit 1301 last sell for?

AED 6,704,750 on 19 February 2014: AED 3,289 per sqft for 2,038 sqft. The unit has 2 registered sales; the first was AED 3,094,500 in September 2012.

What is the rent for unit 1301?

AED 232,927 a year on the contract renewed on 7 December 2025. The previous contract, from December 2025, was AED 232,927; the unit has been rented since December 2017.

How big is unit 1301?

2,038 sqft (189.3 sqm): a two-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2015.

What is unit 1301 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Palazzo Versace sold for AED 3,015,526 to 4,000,000 in the last 12 months, around AED 2,041 per sqft.

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Mortgage on 1301, Palazzo Versace

Starts from the last sale price (AED 6.7M, 19 February 2014). Switch to today's estimate once you have unlocked it.
Price
AED 6,704,750
Deposit, UAE resident (20%)
AED 1,340,950
Deposit, non-resident (40%)
AED 2,681,900
Monthly over 25 years at 3.7%
AED 27,431

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