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2-bed · 2,017 sqftPalazzo Versace, Culture Village · 4th floor · completed 2015

1411, Palazzo Versace

Sold prices and rental history: sold once, by the developer in June 2014, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1411 · DLD and Ejari recordsUpdated 28 November 2025
Last soldAED 6.68M9 June 2014
Current rentAED 250K /yr28 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1411, Palazzo Versace

What is 1411 worth today?

Last sold for AED 6,678,400 in 2014

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28 Nov 2025RentedRenewal
AED 250,000/yr12 months · AED 124 per sqft
28 Nov 2024RentedNew contract
AED 230,000/yr12 months · AED 114 per sqft
1 May 2023RentedRenewal
AED 200,000/yr12 months · AED 99 per sqft
1 May 2023RentedNew contract
AED 200,000/yr12 months · AED 99 per sqft
1 May 2022RentedNew contract
AED 200,000/yr12 months · AED 99 per sqft
17 Mar 2021RentedNew contract
AED 150,000/yr12 months · AED 74 per sqft
12 Mar 2020RentedNew contract
AED 150,000/yr12 months · AED 74 per sqft
6 Jan 2019RentedNew contract
AED 180,000/yr12 months · AED 89 per sqft

Source: Dubai Land Department. Updated 28 November 2025.

Key facts

Type
2-bed apartment
Size
2,017 sqft
Floor
4th of 8
Parking
B1M-W012, B1M-W013
Developer
Emirates PV Dubai
Completed
2015
Last sold
AED 6.68M · June 2014
Building
Palazzo Versace

About 1411, Palazzo Versace

1411 is a two-bedroom apartment of 2,017 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 9 June 2014 for AED 6,678,400, or AED 3,310 per sqft, 9% above the AED 3,044 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, renewed on 28 November 2025, is AED 250,000 a year: a gross yield of 3.7% on the 2014 price.

Sales and rents for 1411 over time

Sales
Unit 1411, 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 3,880,000Sold by developer, June 2014: AED 6,678,400 (AED 3,310 per sqft)

1411 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1411, 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, December 2017: AED 190,000 a yearNew contract, January 2019: AED 180,000 a yearNew contract, March 2020: AED 150,000 a yearNew contract, March 2021: AED 150,000 a yearNew contract, May 2022: AED 200,000 a yearRenewal, May 2023: AED 200,000 a yearNew contract, May 2023: AED 200,000 a yearNew contract, November 2024: AED 230,000 a yearRenewal, November 2025: AED 250,000 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 1411 sits

All 77 2-beds →

1411 last sold in June 2014 at AED 3,310 per sqft, 9% above what two-beds in Palazzo Versace were fetching at the time (AED 3,044). 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. 1411's AED 250,000 is in the upper 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
14012-bedAED 11.83M · Feb 2009
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
1–7 of 22

1411, Palazzo Versace in numbers

  • Sold once: by Emirates PV Dubai on 9 June 2014 for AED 6,678,400, or AED 3,310 per sqft.
  • Rented since December 2017 on 9 Ejari contracts. The rent fell from AED 190,000 to AED 150,000 in 2021 and recovered to AED 250,000 by November 2025.
  • At AED 250,000 a year the gross yield on the 2014 price is 3.7%.
  • 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 28 November 2025.

Questions about 1411, Palazzo Versace

What did unit 1411 last sell for?

AED 6,678,400 on 9 June 2014, sold by the developer: AED 3,310 per sqft for 2,017 sqft. It is the only registered sale of the unit.

What is the rent for unit 1411?

AED 250,000 a year on the contract renewed on 28 November 2025. The previous contract, from November 2024, was AED 230,000; the unit has been rented since December 2017.

How big is unit 1411?

2,017 sqft (187.4 sqm): a two-bedroom apartment on the 4th floor of a 8-storey tower completed in 2015.

What is unit 1411 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 1411, Palazzo Versace

Starts from the last sale price (AED 6.68M, 9 June 2014). Switch to today's estimate once you have unlocked it.
Price
AED 6,678,400
Deposit, UAE resident (20%)
AED 1,335,680
Deposit, non-resident (40%)
AED 2,671,360
Monthly over 25 years at 3.7%
AED 27,323

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