Home
Dubai prices
About
Research
2-bed · 1,088 sqftPalazzo Versace, Culture Village · 4th floor · completed 2015

1412, 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.

Unit 1412 · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 1.08M29 September 2019
Current rentAED 165K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 1412

Property timeline for 1412, Palazzo Versace

What is 1412 worth today?

Last sold for AED 1,078,868 in 2019

Unlock today's estimate, updated daily, with

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

1 Oct 2026RentedNew contract
AED 165,000/yr12 months · AED 82 per sqft
30 May 2025RentedNew contract · flagged as an outlier
AED 25,000/yr12 months · AED 12 per sqft
1 Jul 2023RentedRenewal
AED 180,000/yr12 months · AED 89 per sqft
1 Jul 2022RentedRenewal
AED 162,750/yr12 months · AED 81 per sqft
1 Jul 2021RentedNew contract
AED 155,000/yr12 months · AED 77 per sqft
25 Feb 2021RentedNew contract
AED 145,000/yr12 months · AED 72 per sqft
29 Sep 2019SoldReady
AED 1,078,868AED 991 per sqft
1 Sep 2017RentedNew contract
AED 155,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type
2-bed apartment
Size
1,088 sqft
Floor
4th of 8
Parking
B1M-W014, B1M-W015
Developer
Emirates PV Dubai
Completed
2015
Last sold
AED 1.08M · September 2019
Building
Palazzo Versace

About 1412, Palazzo Versace

1412 is a two-bedroom apartment of 1,088 sqft on the 4th 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 1,078,868, or AED 991 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 7 Ejari contracts. The current contract, signed on 1 October 2026, is AED 165,000 a year: a gross yield of 15.3% on the 2019 price.

Sales and rents for 1412 over time

Sales
Unit 1412, each saleTypical two-bed in Palazzo Versace
05M2009201420192024Typical 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, April 2011: AED 4,106,000 (AED 2,035 per sqft)Sold, September 2019: AED 1,078,868 (AED 991 per sqft)

1412 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1412, 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, September 2017: AED 155,000 a yearNew contract, February 2021: AED 145,000 a yearNew contract, July 2021: AED 155,000 a yearRenewal, July 2022: AED 162,750 a yearRenewal, July 2023: AED 180,000 a yearNew contract, October 2026: AED 165,000 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 1412 sits

All 77 2-beds →

1412 last sold in September 2019 at AED 991 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. 1412's AED 165,000 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 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

1412, Palazzo Versace in numbers

  • Sold twice: first on 17 April 2011 for AED 4,106,000, last on 29 September 2019 for AED 1,078,868 (AED 991 per sqft).
  • Rented since September 2017 on 7 Ejari contracts. The rent fell from AED 155,000 to AED 25,000 in 2025 and recovered to AED 165,000 by October 2026.
  • At AED 165,000 a year the gross yield on the 2019 price is 15.3%.
  • 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 October 2026.

Questions about 1412, Palazzo Versace

What did unit 1412 last sell for?

AED 1,078,868 on 29 September 2019: AED 991 per sqft for 1,088 sqft. The unit has 2 registered sales; the first was AED 4,106,000 in April 2011.

What is the rent for unit 1412?

AED 165,000 a year on the contract signed on 1 October 2026. The previous contract, from May 2025, was AED 25,000; the unit has been rented since September 2017.

How big is unit 1412?

1,088 sqft (101.1 sqm): a two-bedroom apartment on the 4th floor of a 8-storey tower completed in 2015.

What is unit 1412 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 1412? 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 1412, Palazzo Versace

Starts from the last sale price (AED 1.08M, 29 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,078,868
Deposit, UAE resident (20%)
AED 215,774
Deposit, non-resident (40%)
AED 431,547
Monthly over 25 years at 3.7%
AED 4,414

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