2-bed · 1,764 sqftPalazzo Versace, Culture Village · 3rd floor · completed 2015

1303, Palazzo Versace

Sold prices and rental history: sold twice, last in March 2016, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1303 · DLD and Ejari recordsUpdated 21 August 2025
Last soldAED 4.8M24 March 2016
Current rentAED 290K /yr21 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1303, Palazzo Versace

What is 1303 worth today?

Last sold for AED 4,800,000 in 2016

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21 Aug 2025RentedRenewal
AED 290,000/yr12 months · AED 164 per sqft
21 Aug 2024RentedNew contract
AED 270,000/yr12 months · AED 153 per sqft
15 Nov 2022RentedNew contract
AED 290,000/yr12 months · AED 164 per sqft
24 Mar 2016SoldReady
AED 4,800,000AED 2,721 per sqft
24 Feb 2009Sold by developerOff-plan · flagged as an outlier
AED 9,817,500AED 5,566 per sqft

Source: Dubai Land Department. Updated 21 August 2025.

Key facts

Type
2-bed apartment
Size
1,764 sqft
Floor
3rd of 8
Parking
B1-W099, B1-W100
Developer
Emirates PV Dubai
Completed
2015
Last sold
AED 4.8M · March 2016

About 1303, Palazzo Versace

1303 is a two-bedroom apartment of 1,764 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 24 March 2016 for AED 4,800,000, or AED 2,721 per sqft.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 21 August 2025, is AED 290,000 a year: a gross yield of 6.0% on the 2016 price.

Sales and rents for 1303 over time

Sales
Unit 1303, 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, March 2016: AED 4,800,000 (AED 2,721 per sqft)

1303 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1303, each contractTypical two-bed in Palazzo Versace
200K300K2016201920222025Typical 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, November 2022: AED 290,000 a yearNew contract, August 2024: AED 270,000 a yearRenewal, August 2025: AED 290,000 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 1303 sits

All 77 2-beds →

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. 1303's AED 290,000 is in the upper 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
13012-bedAED 6.7M · Feb 2014
13023-bedAED 5.26M · Sep 2012
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

1303, Palazzo Versace in numbers

  • Sold twice: first on 24 February 2009 for AED 9,817,500, last on 24 March 2016 for AED 4,800,000 (AED 2,721 per sqft).
  • Rented since November 2022 on 3 Ejari contracts, at AED 290,000 a year.
  • At AED 290,000 a year the gross yield on the 2016 price is 6.0%.
  • 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 21 August 2025.

Questions about 1303, Palazzo Versace

What did unit 1303 last sell for?

AED 4,800,000 on 24 March 2016: AED 2,721 per sqft for 1,764 sqft. The unit has 2 registered sales; the first was AED 9,817,500 in February 2009.

What is the rent for unit 1303?

AED 290,000 a year on the contract renewed on 21 August 2025. The previous contract, from August 2024, was AED 270,000; the unit has been rented since November 2022.

How big is unit 1303?

1,764 sqft (163.9 sqm): a two-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2015.

What is unit 1303 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 1303, Palazzo Versace

Starts from the last sale price (AED 4.8M, 24 March 2016). Switch to today's estimate once you have unlocked it.
Price
AED 4,800,000
Deposit, UAE resident (20%)
AED 960,000
Deposit, non-resident (40%)
AED 1,920,000
Monthly over 25 years at 3.7%
AED 19,638

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