2-bed · 1,763 sqftPalazzo Versace, Culture Village · 5th floor · completed 2015

1504, Palazzo Versace

Sold prices and rental history: sold twice, last in October 2025, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1504 · DLD and Ejari recordsUpdated 2 October 2025
Last soldAED 3.3M2 October 2025
Current rentAED 135K /yr24 June 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1504, Palazzo Versace

What is 1504 worth today?

Last sold for AED 3,300,000 in 2025

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2 Oct 2025SoldReady
AED 3,300,000AED 1,871 per sqft
24 Jun 2021RentedRenewal
AED 135,000/yr12 months · AED 77 per sqft
24 Jun 2020RentedRenewal
AED 135,000/yr12 months · AED 77 per sqft
24 Jun 2019RentedNew contract
AED 150,000/yr12 months · AED 85 per sqft
26 Apr 2018RentedNew contract
AED 160,000/yr12 months · AED 91 per sqft
23 Nov 2016RentedNew contract
AED 210,000/yr12 months · AED 119 per sqft
25 Feb 2009Sold by developerOff-plan · flagged as an outlier
AED 9,300,000AED 5,273 per sqft

Source: Dubai Land Department. Updated 2 October 2025.

Key facts

Type
2-bed apartment
Size
1,763 sqft
Floor
5th of 8
Parking
B1M-W035, B1M-W036
Developer
Emirates PV Dubai
Completed
2015
Last sold
AED 3.3M · October 2025

About 1504, Palazzo Versace

1504 is a two-bedroom apartment of 1,763 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 2 October 2025 for AED 3,300,000, or AED 1,871 per sqft, in line with the AED 1,900 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, renewed on 24 June 2021, is AED 135,000 a year: a gross yield of 4.1% on the 2025 price.

Sales and rents for 1504 over time

Sales
Unit 1504, 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, October 2025: AED 3,300,000 (AED 1,871 per sqft)

1504 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1504, each contractTypical two-bed in Palazzo Versace
200K2016201920222025Typical 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, November 2016: AED 210,000 a yearNew contract, April 2018: AED 160,000 a yearNew contract, June 2019: AED 150,000 a yearRenewal, June 2020: AED 135,000 a yearRenewal, June 2021: AED 135,000 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 1504 sits

All 77 2-beds →

1504 last sold in October 2025 at AED 1,871 per sqft, in line with what two-beds in Palazzo Versace were fetching at the time (AED 1,900). 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. 1504's AED 135,000 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 5th floor

All 166 units in Palazzo Versace
Value
15012-bedAED 4M · Aug 2026
15023-bedAED 5.8M · Feb 2026
15032-bedAED 3.55M · Jun 2022
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

1504, Palazzo Versace in numbers

  • Sold twice: first on 25 February 2009 for AED 9,300,000, last on 2 October 2025 for AED 3,300,000 (AED 1,871 per sqft).
  • Rented since November 2016 on 5 Ejari contracts, from AED 210,000 to AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2025 price is 4.1%.
  • 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 2 October 2025.

Questions about 1504, Palazzo Versace

What did unit 1504 last sell for?

AED 3,300,000 on 2 October 2025: AED 1,871 per sqft for 1,763 sqft. The unit has 2 registered sales; the first was AED 9,300,000 in February 2009.

What is the rent for unit 1504?

AED 135,000 a year on the contract renewed on 24 June 2021. The previous contract, from June 2020, was AED 135,000; the unit has been rented since November 2016.

How big is unit 1504?

1,763 sqft (163.8 sqm): a two-bedroom apartment on the 5th floor of a 8-storey tower completed in 2015.

What is unit 1504 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 1504, Palazzo Versace

Starts from the last sale price (AED 3.3M, 2 October 2025). Switch to today's estimate once you have unlocked it.
Price
AED 3,300,000
Deposit, UAE resident (20%)
AED 660,000
Deposit, non-resident (40%)
AED 1,320,000
Monthly over 25 years at 3.7%
AED 13,501

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