3-bed · 2,239 sqftPalazzo Versace, Culture Village · 3rd floor · completed 2015

1308, Palazzo Versace

Sold prices and rental history: sold 3 times, last in November 2025, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1308 · DLD and Ejari recordsUpdated 3 November 2025
Last soldAED 5.4M3 November 2025
Current rentAED 550K /yr31 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1308, Palazzo Versace

What is 1308 worth today?

Last sold for AED 5,400,000 in 2025

Unlock today's estimate, updated daily, with

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

3 Nov 2025SoldReady
AED 5,400,000AED 2,411 per sqft
31 May 2024RentedNew contract · flagged as an outlier
AED 550,000/yr12 months · AED 246 per sqft
31 May 2024RentedNew contract
AED 550,000/yr12 months · AED 246 per sqft
29 Jul 2021SoldReady
AED 4,700,000AED 2,098 per sqft
4 Mar 2013Sold by developerOff-plan
AED 6,055,400AED 2,704 per sqft

Source: Dubai Land Department. Updated 3 November 2025.

Key facts

Type
3-bed apartment
Size
2,239 sqft
Floor
3rd of 8
Parking
B1-W107, B1-W108
Developer
Emirates PV Dubai
Completed
2015
Last sold
AED 5.4M · November 2025

About 1308, Palazzo Versace

1308 is a three-bedroom apartment of 2,239 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 3 November 2025 for AED 5,400,000, or AED 2,411 per sqft, 13% above the AED 2,131 three-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 31 May 2024, is AED 550,000 a year: a gross yield of 10.2% on the 2025 price.

Sales and rents for 1308 over time

Sales
Unit 1308, each saleTypical three-bed in Palazzo Versace
5M10M2009201420192024Typical sale price by year: 2009 AED 12,841,100; 2012 AED 6,879,300; 2013 AED 8,041,188; 2014 AED 9,897,600; 2015 AED 12,400,000; 2016 AED 9,920,550; 2018 AED 4,706,000; 2019 AED 3,543,958; 2021 AED 5,000,000; 2022 AED 4,675,567; 2024 AED 5,197,500; 2025 AED 5,500,000; 2026 AED 7,400,000Sold by developer, March 2013: AED 6,055,400 (AED 2,704 per sqft)Sold, July 2021: AED 4,700,000 (AED 2,098 per sqft)Sold, November 2025: AED 5,400,000 (AED 2,411 per sqft)

1308 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1308, each contractTypical three-bed in Palazzo Versace
200K400K600K2016201920222025Typical rent by year: 2016 AED 315,000; 2017 AED 335,000; 2018 AED 310,000; 2019 AED 257,500; 2020 AED 235,000; 2021 AED 238,457; 2022 AED 350,000; 2023 AED 397,500; 2024 AED 435,000; 2025 AED 405,000; 2026 AED 422,500New contract, May 2024: AED 550,000 a year

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 1308 sits

All 65 3-beds →

1308 last sold in November 2025 at AED 2,411 per sqft, 13% above what three-beds in Palazzo Versace were fetching at the time (AED 2,131). 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. 1308's AED 550,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
5 Oct 202610,400,000
6 Jul 20264,250,000
12 Feb 20265,800,000
11 Feb 20269,000,000
5 3-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
13072-bedAED 4.73M · Apr 2013
1–7 of 23

1308, Palazzo Versace in numbers

  • Sold 3 times: first on 4 March 2013 for AED 6,055,400, last on 3 November 2025 for AED 5,400,000 (AED 2,411 per sqft).
  • Rented since May 2024 on 2 Ejari contracts, at AED 550,000 a year.
  • At AED 550,000 a year the gross yield on the 2025 price is 10.2%.
  • 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 3 November 2025.

Questions about 1308, Palazzo Versace

What did unit 1308 last sell for?

AED 5,400,000 on 3 November 2025: AED 2,411 per sqft for 2,239 sqft. The unit has 3 registered sales; the first was AED 6,055,400 in March 2013.

What is the rent for unit 1308?

AED 550,000 a year on the contract signed on 31 May 2024. The previous contract, from May 2024, was AED 550,000.

How big is unit 1308?

2,239 sqft (208.0 sqm): a three-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2015.

What is unit 1308 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.

Selling 1308? 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 1308, Palazzo Versace

Starts from the last sale price (AED 5.4M, 3 November 2025). Switch to today's estimate once you have unlocked it.
Price
AED 5,400,000
Deposit, UAE resident (20%)
AED 1,080,000
Deposit, non-resident (40%)
AED 2,160,000
Monthly over 25 years at 3.7%
AED 22,093

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