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2-bed · 2,038 sqftPalazzo Versace, Culture Village · 4th floor · completed 2015

1401, Palazzo Versace

Sold prices and rental history: sold once, by the developer in February 2009, and rented once, from May 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1401 · DLD and Ejari recordsUpdated 31 May 2026
Last soldAED 11.83M25 February 2009
Current rentAED 215K /yr31 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1401, Palazzo Versace

What is 1401 worth today?

Last sold for AED 11,829,600 in 2009

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31 May 2026RentedNew contract
AED 215,000/yr12 months · AED 106 per sqft
25 Feb 2009Sold by developerOff-plan · flagged as an outlier
AED 11,829,600AED 5,804 per sqft

Source: Dubai Land Department. Updated 31 May 2026.

Key facts

Type
2-bed apartment
Size
2,038 sqft
Floor
4th of 8
Parking
B1-W097, B1-W098
Developer
Emirates PV Dubai
Completed
2015
Last sold
AED 11.83M · February 2009
Building
Palazzo Versace

About 1401, Palazzo Versace

1401 is a two-bedroom apartment of 2,038 sqft on the 4th floor of Palazzo Versace, a 8-storey tower in Culture Village completed in 2015 by Emirates PV Dubai. The developer sold it on 25 February 2009 for AED 11,829,600, or AED 5,804 per sqft, 30% above the AED 4,469 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 31 May 2026. The current contract, signed on 31 May 2026, is AED 215,000 a year: a gross yield of 1.8% on the 2009 price.

Sales and rents for 1401 over time

Sales
Unit 1401, 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 1401; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1401, 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 2026: AED 215,000 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 1401 sits

All 77 2-beds →

1401 last sold in February 2009 at AED 5,804 per sqft, 30% above what two-beds in Palazzo Versace were fetching at the time (AED 4,469). 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. 1401's AED 215,000 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 4th floor

All 166 units in Palazzo Versace
Value
14023-bedAED 18.23M · Feb 2009
14032-bedAED 3.2M · Aug 2023
14054-bedAED 9M · Aug 2019
14062-bedAED 4.21M · Oct 2012
14072-bedAED 4.34M · Nov 2012
14083-bedAED 6.26M · Mar 2013
14093-bedAED 11.98M · Dec 2013
1–7 of 22

1401, Palazzo Versace in numbers

  • Sold once: by Emirates PV Dubai on 25 February 2009 for AED 11,829,600, or AED 5,804 per sqft.
  • Rented since May 2026 on one Ejari contract, at AED 215,000 a year.
  • At AED 215,000 a year the gross yield on the 2009 price is 1.8%.
  • 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 31 May 2026.

Questions about 1401, Palazzo Versace

What did unit 1401 last sell for?

AED 11,829,600 on 25 February 2009, sold by the developer: AED 5,804 per sqft for 2,038 sqft. It is the only registered sale of the unit.

What is the rent for unit 1401?

AED 215,000 a year on the contract signed on 31 May 2026.

How big is unit 1401?

2,038 sqft (189.3 sqm): a two-bedroom apartment on the 4th floor of a 8-storey tower completed in 2015.

What is unit 1401 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 1401, Palazzo Versace

Starts from the last sale price (AED 11.83M, 25 February 2009). Switch to today's estimate once you have unlocked it.
Price
AED 11,829,600
Deposit, UAE resident (20%)
AED 2,365,920
Deposit, non-resident (40%)
AED 4,731,840
Monthly over 25 years at 3.7%
AED 48,399

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