Home
Dubai prices
About
Research
2-bed · 1,685 sqftPalazzo Versace, Culture Village · 3rd floor · completed 2015

1306, Palazzo Versace

Sold prices and rental history: sold once, by the developer in February 2013, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1306 · DLD and Ejari recordsUpdated 8 February 2021
Last soldAED 4.29M11 February 2013
Current rentAED 155K /yr8 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 1306

Property timeline for 1306, Palazzo Versace

What is 1306 worth today?

Last sold for AED 4,289,950 in 2013

Unlock today's estimate, updated daily, with

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

8 Feb 2021RentedNew contract
AED 155,000/yr12 months · AED 92 per sqft
31 May 2018RentedNew contract
AED 205,000/yr12 months · AED 122 per sqft
11 Feb 2013Sold by developerOff-plan
AED 4,289,950AED 2,545 per sqft

Source: Dubai Land Department. Updated 8 February 2021.

Key facts

Type
2-bed apartment
Size
1,685 sqft
Floor
3rd of 8
Parking
B1-W103, B1-W104
Developer
Emirates PV Dubai
Completed
2015
Last sold
AED 4.29M · February 2013
Building
Palazzo Versace

About 1306, Palazzo Versace

1306 is a two-bedroom apartment of 1,685 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 11 February 2013 for AED 4,289,950, or AED 2,545 per sqft, 10% above the AED 2,318 two-beds in the building were fetching at the time.

It has been rented since 2018 on 2 Ejari contracts. The current contract, signed on 8 February 2021, is AED 155,000 a year: a gross yield of 3.6% on the 2013 price.

Sales and rents for 1306 over time

Sales
Unit 1306, 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, February 2013: AED 4,289,950 (AED 2,545 per sqft)

1306 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1306, 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, May 2018: AED 205,000 a yearNew contract, February 2021: AED 155,000 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 1306 sits

All 77 2-beds →

1306 last sold in February 2013 at AED 2,545 per sqft, 10% above what two-beds in Palazzo Versace were fetching at the time (AED 2,318). 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. 1306's AED 155,000 is at the bottom 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
13032-bedAED 4.8M · Mar 2016
13042-bedAED 3M · Jan 2021
13054-bedAED 8.13M · Jul 2025
13072-bedAED 4.73M · Apr 2013
13083-bedAED 5.4M · Nov 2025
1–7 of 23

1306, Palazzo Versace in numbers

  • Sold once: by Emirates PV Dubai on 11 February 2013 for AED 4,289,950, or AED 2,545 per sqft.
  • Rented since May 2018 on 2 Ejari contracts, from AED 205,000 to AED 155,000 a year.
  • At AED 155,000 a year the gross yield on the 2013 price is 3.6%.
  • 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 8 February 2021.

Questions about 1306, Palazzo Versace

What did unit 1306 last sell for?

AED 4,289,950 on 11 February 2013, sold by the developer: AED 2,545 per sqft for 1,685 sqft. It is the only registered sale of the unit.

What is the rent for unit 1306?

AED 155,000 a year on the contract signed on 8 February 2021. The previous contract, from May 2018, was AED 205,000.

How big is unit 1306?

1,685 sqft (156.5 sqm): a two-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2015.

What is unit 1306 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.

Selling 1306? 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

Mortgage on 1306, Palazzo Versace

Starts from the last sale price (AED 4.29M, 11 February 2013). Switch to today's estimate once you have unlocked it.
Price
AED 4,289,950
Deposit, UAE resident (20%)
AED 857,990
Deposit, non-resident (40%)
AED 1,715,980
Monthly over 25 years at 3.7%
AED 17,552

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