3-bed · 2,238 sqftPalazzo Versace, Culture Village · 5th floor · completed 2015

1502, Palazzo Versace

Sold prices and rental history: sold twice, last in February 2026, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1502 · DLD and Ejari recordsUpdated 12 February 2026
Last soldAED 5.8M12 February 2026
Current rentAED 410K /yr25 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1502, Palazzo Versace

What is 1502 worth today?

Last sold for AED 5,800,000 in 2026

Unlock today's estimate, updated daily, with

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

12 Feb 2026SoldReady
AED 5,800,000AED 2,591 per sqft
25 Jul 2025RentedNew contract
AED 410,000/yr12 months · AED 183 per sqft
15 Sep 2023RentedNew contract
AED 420,000/yr12 months · AED 188 per sqft
12 Jul 2022RentedRenewal
AED 193,867/yr4 months · AED 87 per sqft
12 Mar 2022RentedRenewal
AED 192,000/yr4 months · AED 86 per sqft
12 Mar 2021RentedRenewal
AED 160,000/yr12 months · AED 71 per sqft
12 Mar 2020RentedNew contract
AED 180,000/yr12 months · AED 80 per sqft
11 Sep 2012Sold by developerOff-plan
AED 5,692,500AED 2,543 per sqft

Source: Dubai Land Department. Updated 12 February 2026.

Key facts

Type
3-bed apartment
Size
2,238 sqft
Floor
5th of 8
Parking
B1-W059, B1-W060
Developer
Emirates PV Dubai
Completed
2015
Last sold
AED 5.8M · February 2026

About 1502, Palazzo Versace

1502 is a three-bedroom apartment of 2,238 sqft on the 5th floor of Palazzo Versace, a 8-storey tower in Culture Village completed in 2015 by Emirates PV Dubai. It last sold on 12 February 2026 for AED 5,800,000, or AED 2,591 per sqft, 8% above the AED 2,390 three-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 25 July 2025, is AED 410,000 a year: a gross yield of 7.1% on the 2026 price.

Sales and rents for 1502 over time

Sales
Unit 1502, each saleTypical three-bed in Palazzo Versace
5M10M2009201420192024Typical sale price by year: 2009 AED 12,841,100; 2012 AED 6,879,300; 2013 AED 8,041,188; 2014 AED 9,897,600; 2015 AED 12,400,000; 2016 AED 9,920,550; 2018 AED 4,706,000; 2019 AED 3,543,958; 2021 AED 5,000,000; 2022 AED 4,675,567; 2024 AED 5,197,500; 2025 AED 5,500,000; 2026 AED 7,400,000Sold by developer, September 2012: AED 5,692,500 (AED 2,543 per sqft)Sold, February 2026: AED 5,800,000 (AED 2,591 per sqft)

1502 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1502, each contractTypical three-bed in Palazzo Versace
200K400K2016201920222025Typical rent by year: 2016 AED 315,000; 2017 AED 335,000; 2018 AED 310,000; 2019 AED 257,500; 2020 AED 235,000; 2021 AED 238,457; 2022 AED 350,000; 2023 AED 397,500; 2024 AED 435,000; 2025 AED 405,000; 2026 AED 422,500New contract, March 2020: AED 180,000 a yearRenewal, March 2021: AED 160,000 a yearRenewal, March 2022: AED 192,000 a yearRenewal, July 2022: AED 193,867 a yearNew contract, September 2023: AED 420,000 a yearNew contract, July 2025: AED 410,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Palazzo Versace, and where 1502 sits

All 65 3-beds →

1502 last sold in February 2026 at AED 2,591 per sqft, 8% above what three-beds in Palazzo Versace were fetching at the time (AED 2,390). Over the last 12 months three-beds sold for AED 3,574,440 to 10,400,000, around AED 2,051 per sqft, and rent for AED 300,000 to 800,000 a year. 1502's AED 410,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
5 Oct 202610,400,000
6 Jul 20264,250,000
11 Feb 20269,000,000
22 Dec 20253,574,440
5 3-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 5th floor

All 166 units in Palazzo Versace
Value
15012-bedAED 4M · Aug 2026
15032-bedAED 3.55M · Jun 2022
15042-bedAED 3.3M · Oct 2025
15054-bedAED 12.79M · Sep 2012
15062-bedAED 3.58M · Feb 2024
15072-bedAED 5.08M · May 2014
15083-bedAED 5.6M · May 2025
1–7 of 23

1502, Palazzo Versace in numbers

  • Sold twice: first on 11 September 2012 for AED 5,692,500, last on 12 February 2026 for AED 5,800,000 (AED 2,591 per sqft).
  • Rented since March 2020 on 6 Ejari contracts. The rent fell from AED 180,000 to AED 160,000 in 2021 and recovered to AED 410,000 by July 2025.
  • At AED 410,000 a year the gross yield on the 2026 price is 7.1%.
  • Three-beds in Palazzo Versace sold for AED 3,574,440–10,400,000 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 12 February 2026.

Questions about 1502, Palazzo Versace

What did unit 1502 last sell for?

AED 5,800,000 on 12 February 2026: AED 2,591 per sqft for 2,238 sqft. The unit has 2 registered sales; the first was AED 5,692,500 in September 2012.

What is the rent for unit 1502?

AED 410,000 a year on the contract signed on 25 July 2025. The previous contract, from September 2023, was AED 420,000; the unit has been rented since March 2020.

How big is unit 1502?

2,238 sqft (207.9 sqm): a three-bedroom apartment on the 5th floor of a 8-storey tower completed in 2015.

What is unit 1502 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Palazzo Versace sold for AED 3,574,440 to 10,400,000 in the last 12 months, around AED 2,051 per sqft.

Selling 1502? 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 1502, Palazzo Versace

Starts from the last sale price (AED 5.8M, 12 February 2026). Switch to today's estimate once you have unlocked it.
Price
AED 5,800,000
Deposit, UAE resident (20%)
AED 1,160,000
Deposit, non-resident (40%)
AED 2,320,000
Monthly over 25 years at 3.7%
AED 23,730

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