2-bed · 2,020 sqftPalazzo Versace, Culture Village · 3rd floor · completed 2015

1311, Palazzo Versace

Sold prices and rental history: sold twice, last in September 2019, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Follow 1311

Unit 1311 · DLD and Ejari recordsUpdated 2 May 2021

Last soldAED 2M29 September 2019

Current rentAED 145K /yr2 May 2021

Estimated yieldfree after one verification

Today's valuefree after one verification

Follow 1311

Property timeline for 1311, Palazzo Versace

Today

What is 1311 worth today?

Last sold for AED 2,000,000 in 2019

Unlock today's estimate, updated daily, with

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

2 May 2021

2 May 2021RentedNew contract

AED 145,000/yr12 months · AED 72 per sqft

29 Sep 2019

29 Sep 2019SoldReady

AED 2,000,000AED 990 per sqft

10 Jul 2019

10 Jul 2019RentedNew contract

AED 145,000/yr12 months · AED 72 per sqft

10 Jul 2018

10 Jul 2018RentedNew contract

AED 150,000/yr12 months · AED 74 per sqft

1 Sep 2017

1 Sep 2017RentedNew contract

AED 150,000/yr12 months · AED 74 per sqft

17 Apr 2011

17 Apr 2011Sold by developerOff-plan

AED 4,106,000AED 2,032 per sqft

Source: Dubai Land Department. Updated 2 May 2021.

Key facts

Type: 2-bed apartment
Size: 2,020 sqft
Floor: 3rd of 8
Parking: B1-W054, B1-W055
Developer: Emirates PV Dubai
Completed: 2015
Last sold: AED 2M · September 2019
Building: Palazzo Versace

About 1311, Palazzo Versace

1311 is a two-bedroom apartment of 2,020 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 29 September 2019 for AED 2,000,000, or AED 990 per sqft, in line with the AED 993 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 2 May 2021, is AED 145,000 a year: a gross yield of 7.2% on the 2019 price.

Sales and rents for 1311 over time

Sales

Unit 1311, each saleTypical two-bed in Palazzo Versace

1311 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents

Unit 1311, each contractTypical two-bed in Palazzo Versace

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 1311 sits

All 77 2-beds →

2-beds in Palazzo Versace · last 12 months2,041 /sqft Palazzo Versace · all types2,051 /sqft

1311 last sold in September 2019 at AED 990 per sqft, in line with what two-beds in Palazzo Versace were fetching at the time (AED 993). 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. 1311's AED 145,000 is at the bottom of that range.

Recent 2-bed sales	Size	Price (AED)	Per sqft
5 Oct 20265 October 2026	1,763 sqft	3,600,000	2,041
2 Oct 20262 October 2026	1,801 sqft	3,900,000	2,165
19 Aug 202619 August 2026	2,038 sqft	4,000,000	1,962
22 Jul 202622 July 2026	2,049 sqft	3,500,000	1,708

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


1301	2-bed	2,038 sqft	AED 6.7MAED 6,704,750 · Feb 2014February 2014	232,927 /yr
1302	3-bed	2,238 sqft	AED 5.26MAED 5,264,700 · Sep 2012September 2012	172,589 /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
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

1–7 of 23

1311, Palazzo Versace in numbers

Sold twice: first on 17 April 2011 for AED 4,106,000, last on 29 September 2019 for AED 2,000,000 (AED 990 per sqft).
Rented since September 2017 on 4 Ejari contracts, from AED 150,000 to AED 145,000 a year.
At AED 145,000 a year the gross yield on the 2019 price is 7.2%.
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 2 May 2021.

Questions about 1311, Palazzo Versace

What did unit 1311 last sell for?

AED 2,000,000 on 29 September 2019: AED 990 per sqft for 2,020 sqft. The unit has 2 registered sales; the first was AED 4,106,000 in April 2011.

What is the rent for unit 1311?

AED 145,000 a year on the contract signed on 2 May 2021. The previous contract, from July 2019, was AED 145,000; the unit has been rented since September 2017.

How big is unit 1311?

2,020 sqft (187.7 sqm): a two-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2015.

What is unit 1311 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 1311? 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 1311, Palazzo Versace

Starts from the last sale price (AED 2M, 29 September 2019). Switch to today's estimate once you have unlocked it.

Price: AED 2,000,000
Deposit, UAE resident (20%): AED 400,000
Deposit, non-resident (40%): AED 800,000
Monthly over 25 years at 3.7%: AED 8,183

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