1302, Palazzo Versace
Sold prices and rental history: sold once, by the developer in September 2012, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1302, Palazzo Versace
What is 1302 worth today?
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Source: Dubai Land Department. Updated 1 August 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 2,238 sqft
- Floor
- 3rd of 8
- Parking
- B1-W125, B1-W126
- Developer
- Emirates PV Dubai
- Completed
- 2015
- Last sold
- AED 5.26M · September 2012
- Building
- Palazzo Versace
About 1302, Palazzo Versace
1302 is a three-bedroom apartment of 2,238 sqft on the 3rd floor of Palazzo Versace, a 8-storey tower in Culture Village completed in 2015 by Emirates PV Dubai. The developer sold it on 24 September 2012 for AED 5,264,700, or AED 2,352 per sqft, in line with the AED 2,356 three-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 1 August 2024, is AED 172,589 a year: a gross yield of 3.3% on the 2012 price.
Sales and rents for 1302 over time
1302 has sold once; the dashed line is the three-bed median of each year in the building.
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 1302 sits
All 65 3-beds →1302 last sold in September 2012 at AED 2,352 per sqft, in line with what three-beds in Palazzo Versace were fetching at the time (AED 2,356). 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. 1302's AED 172,589 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Oct 20265 October 2026 | 5,069 sqft | 10,400,000 | 2,051 | ||
| 6 Jul 20266 July 2026 | 2,239 sqft | 4,250,000 | 1,897 | ||
| 12 Feb 202612 February 2026 | 2,238 sqft | 5,800,000 | 2,591 | ||
| 11 Feb 202611 February 2026 | 3,799 sqft | 9,000,000 | 2,369 |
Palazzo Versace
Building166 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%
Other units on the 3rd floor
All 166 units in Palazzo Versace| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1301 | 2-bed | 2,038 sqft | AED 6.7MAED 6,704,750 · Feb 2014February 2014 | 232,927 /yr | |
| 1303 | 2-bed | 1,764 sqft | AED 4.8MAED 4,800,000 · Mar 2016March 2016 | 290,000 /yr | |
| 1304 | 2-bed | 1,763 sqft | AED 3MAED 3,000,000 · Jan 2021January 2021 | 273,000 /yr | |
| 1305 | 4-bed | 5,032 sqft | AED 8.13MAED 8,125,000 · Jul 2025July 2025 | 600,000 /yr | |
| 1306 | 2-bed | 1,685 sqft | AED 4.29MAED 4,289,950 · Feb 2013February 2013 | 155,000 /yr | |
| 1307 | 2-bed | 1,686 sqft | AED 4.73MAED 4,727,700 · Apr 2013April 2013 | 242,652 /yr | |
| 1308 | 3-bed | 2,239 sqft | AED 5.4MAED 5,400,000 · Nov 2025November 2025 | 550,000 /yr | |
| 1309 | 3-bed | 3,805 sqft | AED 12.99MAED 12,986,992 · Dec 2014December 2014 | 360,000 /yr | |
| 1310 | 3-bed | 3,003 sqft | AED 3.5MAED 3,500,000 · Mar 2018March 2018 | 400,000 /yr | |
| 1311 | 2-bed | 2,020 sqft | AED 2MAED 2,000,000 · Sep 2019September 2019 | 145,000 /yr | |
| 1312 | 2-bed | 2,020 sqft | No registered sale | 157,500 /yr | |
| 2313 | 2-bed | 2,038 sqft | AED 7.2MAED 7,200,000 · Feb 2016February 2016 | 200,000 /yr | |
| 2314 | 3-bed | 2,238 sqft | AED 8.7MAED 8,700,000 · Sep 2014September 2014 | 378,000 /yr | |
| 2315 | 2-bed | 1,764 sqft | AED 3.7MAED 3,700,000 · Jan 2018January 2018 | 230,000 /yr | |
| 2316 | 2-bed | 1,763 sqft | AED 10.02MAED 10,017,000 · Jun 2009June 2009 | ||
| 2317 | 4-bed | 5,032 sqft | AED 19.9MAED 19,900,000 · Dec 2013December 2013 | 35,000 /yr | |
| 2318 | 2-bed | 1,685 sqft | AED 8.1MAED 8,103,900 · Feb 2009February 2009 | 204,700 /yr | |
| 2319 | 2-bed | 1,686 sqft | AED 3.61MAED 3,610,076 · Mar 2022March 2022 | 25,000 /yr | |
| 2320 | 3-bed | 2,239 sqft | AED 3.57MAED 3,574,440 · Dec 2025December 2025 | 212,750 /yr | |
| 2321 | 3-bed | 3,805 sqft | AED 8.28MAED 8,275,350 · Sep 2012September 2012 | 425,000 /yr | |
| 2322 | 3-bed | 3,003 sqft | AED 7.2MAED 7,200,000 · Mar 2017March 2017 | 447,594 /yr | |
| 2323 | 2-bed | 2,020 sqft | AED 2.99MAED 2,994,599 · Oct 2023October 2023 | 180,000 /yr | |
| 2324 | 2-bed | 2,020 sqft | No registered sale | 138,000 /yr |
1302, Palazzo Versace in numbers
- Sold once: by Emirates PV Dubai on 24 September 2012 for AED 5,264,700, or AED 2,352 per sqft.
- Rented since August 2019 on 6 Ejari contracts, from AED 235,000 to AED 172,589 a year.
- At AED 172,589 a year the gross yield on the 2012 price is 3.3%.
- 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 August 2024.
Questions about 1302, Palazzo Versace
What did unit 1302 last sell for?
AED 5,264,700 on 24 September 2012, sold by the developer: AED 2,352 per sqft for 2,238 sqft. It is the only registered sale of the unit.
What is the rent for unit 1302?
AED 172,589 a year on the contract renewed on 1 August 2024. The previous contract, from August 2023, was AED 272,869; the unit has been rented since August 2019.
How big is unit 1302?
2,238 sqft (207.9 sqm): a three-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2015.
What is unit 1302 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 1302, Palazzo Versace
Starts from the last sale price (AED 5.26M, 24 September 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 5,264,700
- Deposit, UAE resident (20%)
- AED 1,052,940
- Deposit, non-resident (40%)
- AED 2,105,880
- Monthly over 25 years at 3.7%
- AED 21,540
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →