1407, Palazzo Versace
Sold prices and rental history: sold once, by the developer in November 2012, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1407, Palazzo Versace
What is 1407 worth today?
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Source: Dubai Land Department. Updated 21 October 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,686 sqft
- Floor
- 4th of 8
- Parking
- B1M-W001, B1M-W008
- Developer
- Emirates PV Dubai
- Completed
- 2015
- Last sold
- AED 4.34M · November 2012
- Building
- Palazzo Versace
About 1407, Palazzo Versace
1407 is a two-bedroom apartment of 1,686 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 11 November 2012 for AED 4,337,500, or AED 2,573 per sqft, 15% above the AED 2,239 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 21 October 2025, is AED 235,000 a year: a gross yield of 5.4% on the 2012 price.
Sales and rents for 1407 over time
1407 has sold once; the dashed line is the two-bed median of each year in the building.
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 1407 sits
All 77 2-beds →1407 last sold in November 2012 at AED 2,573 per sqft, 15% above what two-beds in Palazzo Versace were fetching at the time (AED 2,239). 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. 1407's AED 235,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 |
Palazzo Versace
Building166 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%
Other units on the 4th floor
All 166 units in Palazzo Versace| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 2-bed | 2,038 sqft | AED 11.83MAED 11,829,600 · Feb 2009February 2009 | 215,000 /yr | |
| 1402 | 3-bed | 334 sqft | AED 18.23MAED 18,232,161 · Feb 2009February 2009 | 350,000 /yr | |
| 1403 | 2-bed | 1,764 sqft | AED 3.2MAED 3,200,000 · Aug 2023August 2023 | 160,000 /yr | |
| 1405 | 4-bed | 5,016 sqft | AED 9MAED 9,000,000 · Aug 2019August 2019 | ||
| 1406 | 2-bed | 1,685 sqft | AED 4.21MAED 4,207,375 · Oct 2012October 2012 | 165,000 /yr | |
| 1408 | 3-bed | 2,239 sqft | AED 6.26MAED 6,261,300 · Mar 2013March 2013 | 390,000 /yr | |
| 1409 | 3-bed | 3,782 sqft | AED 11.98MAED 11,984,600 · Dec 2013December 2013 | ||
| 1410 | 3-bed | 2,986 sqft | AED 9.8MAED 9,803,558 · Sep 2015September 2015 | 400,000 /yr | |
| 1411 | 2-bed | 2,017 sqft | AED 6.68MAED 6,678,400 · Jun 2014June 2014 | 250,000 /yr | |
| 1412 | 2-bed | 1,088 sqft | AED 1.08MAED 1,078,868 · Sep 2019September 2019 | 165,000 /yr | |
| 2413 | 2-bed | 2,038 sqft | AED 7.07MAED 7,070,000 · Feb 2015February 2015 | 270,000 /yr | |
| 2414 | 3-bed | 2,238 sqft | AED 4.77MAED 4,770,000 · Jun 2024June 2024 | 425,000 /yr | |
| 2415 | 2-bed | 1,764 sqft | AED 3.06MAED 3,060,000 · Aug 2018August 2018 | 235,000 /yr | |
| 2416 | 2-bed | 1,763 sqft | AED 3.02MAED 3,015,526 · Dec 2025December 2025 | 150,000 /yr | |
| 2417 | 4-bed | 5,016 sqft | AED 13MAED 13,000,000 · Dec 2024December 2024 | 650,000 /yr | |
| 2418 | 2-bed | 1,685 sqft | AED 3.8MAED 3,800,000 · Apr 2025April 2025 | 145,000 /yr | |
| 2419 | 2-bed | 1,686 sqft | AED 7.11MAED 7,106,220 · Feb 2009February 2009 | 235,000 /yr | |
| 2420 | 3-bed | 2,239 sqft | AED 4.25MAED 4,250,000 · Jul 2026July 2026 | 320,000 /yr | |
| 2421 | 3-bed | 3,782 sqft | AED 8.28MAED 8,275,350 · Sep 2012September 2012 | 465,000 /yr | |
| 2422 | 3-bed | 2,986 sqft | AED 12.32MAED 12,320,000 · Sep 2015September 2015 | 425,000 /yr | |
| 2423 | 2-bed | 2,017 sqft | No registered sale | 120,000 /yr | |
| 2424 | 2-bed | 2,017 sqft | AED 4.2MAED 4,200,000 · May 2024May 2024 | 35,000 /yr |
1407, Palazzo Versace in numbers
- Sold once: by Emirates PV Dubai on 11 November 2012 for AED 4,337,500, or AED 2,573 per sqft.
- Rented since September 2018 on 5 Ejari contracts, from AED 160,000 to AED 235,000 a year.
- At AED 235,000 a year the gross yield on the 2012 price is 5.4%.
- 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 21 October 2025.
Questions about 1407, Palazzo Versace
What did unit 1407 last sell for?
AED 4,337,500 on 11 November 2012, sold by the developer: AED 2,573 per sqft for 1,686 sqft. It is the only registered sale of the unit.
What is the rent for unit 1407?
AED 235,000 a year on the contract signed on 21 October 2025. The previous contract, from March 2023, was AED 200,000; the unit has been rented since September 2018.
How big is unit 1407?
1,686 sqft (156.6 sqm): a two-bedroom apartment on the 4th floor of a 8-storey tower completed in 2015.
What is unit 1407 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 1407, Palazzo Versace
Starts from the last sale price (AED 4.34M, 11 November 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 4,337,500
- Deposit, UAE resident (20%)
- AED 867,500
- Deposit, non-resident (40%)
- AED 1,735,000
- Monthly over 25 years at 3.7%
- AED 17,746
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →