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

1312, Palazzo Versace

Sold prices and rental history: no registered sale, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1312 · DLD and Ejari recordsUpdated 1 December 2022
Current rentAED 158K /yr1 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1312, Palazzo Versace

What is 1312 worth today?

Unlock today's estimate, updated daily, with

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

1 Dec 2022RentedRenewal
AED 157,500/yr12 months · AED 78 per sqft
1 Dec 2021RentedRenewal
AED 157,500/yr12 months · AED 78 per sqft
1 Dec 2020RentedRenewal
AED 150,000/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 1 December 2022.

Key facts

Type
2-bed apartment
Size
2,020 sqft
Floor
3rd of 8
Parking
B1-W086, B1-W087
Developer
Emirates PV Dubai
Completed
2015
Last sold
No registered sale

About 1312, Palazzo Versace

1312 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. No sale of the unit is registered with the Dubai Land Department.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 1 December 2022, is AED 157,500 a year.

Sales and rents for 1312 over time

Sales
Unit 1312, 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 3,880,000

No registered sale of 1312; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1312, 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 231,000Renewal, December 2020: AED 150,000 a yearRenewal, December 2021: AED 157,500 a yearRenewal, December 2022: AED 157,500 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 1312 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. 1312's AED 157,500 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
13062-bedAED 4.29M · Feb 2013
13072-bedAED 4.73M · Apr 2013
1–7 of 23

1312, Palazzo Versace in numbers

  • No sale of the unit is registered with the Dubai Land Department.
  • Rented since December 2020 on 3 Ejari contracts, from AED 150,000 to AED 157,500 a year.
  • 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 December 2022.

Questions about 1312, Palazzo Versace

What is the rent for unit 1312?

AED 157,500 a year on the contract renewed on 1 December 2022. The previous contract, from December 2021, was AED 157,500; the unit has been rented since December 2020.

How big is unit 1312?

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 1312 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 1312? 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