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2-bed · 1,686 sqftPalazzo Versace, Culture Village · 3rd floor · completed 2015

1307, Palazzo Versace

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

Unit 1307 · DLD and Ejari recordsUpdated 1 September 2025
Last soldAED 4.73M4 April 2013
Current rentAED 243K /yr1 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1307, Palazzo Versace

What is 1307 worth today?

Last sold for AED 4,727,700 in 2013

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1 Sep 2025RentedRenewal
AED 242,652/yr12 months · AED 145 per sqft
1 Sep 2024RentedNew contract
AED 250,000/yr12 months · AED 148 per sqft
20 Aug 2018RentedNew contract
AED 170,000/yr12 months · AED 101 per sqft
4 Apr 2013Sold by developerOff-plan
AED 4,727,700AED 2,804 per sqft

Source: Dubai Land Department. Updated 1 September 2025.

Key facts

Type
2-bed apartment
Size
1,686 sqft
Floor
3rd of 8
Parking
B1-W105, B1-W106
Developer
Emirates PV Dubai
Completed
2015
Last sold
AED 4.73M · April 2013
Building
Palazzo Versace

About 1307, Palazzo Versace

1307 is a two-bedroom apartment of 1,686 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 4 April 2013 for AED 4,727,700, or AED 2,804 per sqft, 21% above the AED 2,318 two-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, renewed on 1 September 2025, is AED 242,652 a year: a gross yield of 5.1% on the 2013 price.

Sales and rents for 1307 over time

Sales
Unit 1307, 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, April 2013: AED 4,727,700 (AED 2,804 per sqft)

1307 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1307, 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, August 2018: AED 170,000 a yearNew contract, September 2024: AED 250,000 a yearRenewal, September 2025: AED 242,652 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 1307 sits

All 77 2-beds →

1307 last sold in April 2013 at AED 2,804 per sqft, 21% 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. 1307's AED 242,652 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
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
13062-bedAED 4.29M · Feb 2013
13083-bedAED 5.4M · Nov 2025
1–7 of 23

1307, Palazzo Versace in numbers

  • Sold once: by Emirates PV Dubai on 4 April 2013 for AED 4,727,700, or AED 2,804 per sqft.
  • Rented since August 2018 on 3 Ejari contracts, from AED 170,000 to AED 242,652 a year.
  • At AED 242,652 a year the gross yield on the 2013 price is 5.1%.
  • 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 1 September 2025.

Questions about 1307, Palazzo Versace

What did unit 1307 last sell for?

AED 4,727,700 on 4 April 2013, sold by the developer: AED 2,804 per sqft for 1,686 sqft. It is the only registered sale of the unit.

What is the rent for unit 1307?

AED 242,652 a year on the contract renewed on 1 September 2025. The previous contract, from September 2024, was AED 250,000; the unit has been rented since August 2018.

How big is unit 1307?

1,686 sqft (156.6 sqm): a two-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2015.

What is unit 1307 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 1307, Palazzo Versace

Starts from the last sale price (AED 4.73M, 4 April 2013). Switch to today's estimate once you have unlocked it.
Price
AED 4,727,700
Deposit, UAE resident (20%)
AED 945,540
Deposit, non-resident (40%)
AED 1,891,080
Monthly over 25 years at 3.7%
AED 19,342

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