1508, Palazzo Versace
Sold prices and rental history: sold twice, last in May 2025, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1508, Palazzo Versace
What is 1508 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 2 May 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 2,239 sqft
- Floor
- 5th of 8
- Parking
- B1M-W041, B1M-W042
- Developer
- Emirates PV Dubai
- Completed
- 2015
- Last sold
- AED 5.6M · May 2025
- Building
- Palazzo Versace
About 1508, Palazzo Versace
1508 is a three-bedroom apartment of 2,239 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 May 2025 for AED 5,600,000, or AED 2,500 per sqft, 17% above the AED 2,131 three-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, signed on 29 December 2021, is AED 390,000 a year: a gross yield of 7.0% on the 2025 price.
Sales and rents for 1508 over time
1508 has sold twice; the dashed line is the three-bed median of each year in the building.
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 1508 sits
All 65 3-beds →1508 last sold in May 2025 at AED 2,500 per sqft, 17% above what three-beds in Palazzo Versace were fetching at the time (AED 2,131). 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. 1508's AED 390,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Oct 20265 October 2026 | 5,069 sqft | 10,400,000 | 2,051 | ||
| 6 Jul 20266 July 2026 | 2,239 sqft | 4,250,000 | 1,897 | ||
| 12 Feb 202612 February 2026 | 2,238 sqft | 5,800,000 | 2,591 | ||
| 11 Feb 202611 February 2026 | 3,799 sqft | 9,000,000 | 2,369 |
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 5th floor
All 166 units in Palazzo Versace| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 2-bed | 2,038 sqft | AED 4MAED 4,000,000 · Aug 2026August 2026 | 306,146 /yr | |
| 1502 | 3-bed | 2,238 sqft | AED 5.8MAED 5,800,000 · Feb 2026February 2026 | 410,000 /yr | |
| 1503 | 2-bed | 1,764 sqft | AED 3.55MAED 3,550,000 · Jun 2022June 2022 | 250,000 /yr | |
| 1504 | 2-bed | 1,763 sqft | AED 3.3MAED 3,300,000 · Oct 2025October 2025 | 135,000 /yr | |
| 1505 | 4-bed | 5,035 sqft | AED 12.79MAED 12,792,500 · Sep 2012September 2012 | 325,000 /yr | |
| 1506 | 2-bed | 1,685 sqft | AED 3.58MAED 3,580,000 · Feb 2024February 2024 | 150,000 /yr | |
| 1507 | 2-bed | 1,686 sqft | AED 5.08MAED 5,077,600 · May 2014May 2014 | 235,000 /yr | |
| 1509 | 3-bed | 3,808 sqft | AED 12.09MAED 12,093,100 · Apr 2014April 2014 | 240,000 /yr | |
| 1510 | 3-bed | 3,003 sqft | AED 6.26MAED 6,256,000 · May 2023May 2023 | 380,000 /yr | |
| 1511 | 2-bed | 2,021 sqft | AED 9.66MAED 9,659,750 · Feb 2009February 2009 | 240,000 /yr | |
| 1512 | 2-bed | 2,021 sqft | AED 4MAED 4,000,000 · Dec 2023December 2023 | 150,000 /yr | |
| 2513 | 2-bed | 2,038 sqft | AED 6.04MAED 6,035,040 · Sep 2013September 2013 | ||
| 2514 | 3-bed | 2,238 sqft | AED 8.5MAED 8,500,000 · Jul 2014July 2014 | ||
| 2515 | 2-bed | 1,764 sqft | AED 4MAED 4,000,000 · May 2025May 2025 | 280,000 /yr | |
| 2516 | 2-bed | 1,763 sqft | AED 6.8MAED 6,800,000 · Sep 2014September 2014 | 281,514 /yr | |
| 2517 | 4-bed | 5,035 sqft | AED 19.5MAED 19,500,000 · Jul 2013July 2013 | 700,000 /yr | |
| 2518 | 2-bed | 1,685 sqft | AED 6.44MAED 6,436,610 · Jul 2013July 2013 | 85,000 /yr | |
| 2519 | 2-bed | 1,686 sqft | AED 1.79MAED 1,790,000 · Feb 2018February 2018 | 232,000 /yr | |
| 2520 | 3-bed | 2,239 sqft | AED 5.69MAED 5,692,500 · Sep 2012September 2012 | 340,000 /yr | |
| 2521 | 3-bed | 3,808 sqft | AED 8.28MAED 8,275,350 · Sep 2012September 2012 | 425,000 /yr | |
| 2522 | 3-bed | 3,003 sqft | No registered sale | 300,000 /yr | |
| 2523 | 2-bed | 2,021 sqft | AED 2.61MAED 2,605,000 · May 2019May 2019 | 231,000 /yr | |
| 2524 | 2-bed | 2,021 sqft | AED 4MAED 4,000,000 · Jan 2017January 2017 | 241,500 /yr |
1508, Palazzo Versace in numbers
- Sold twice: first on 27 February 2013 for AED 6,272,100, last on 2 May 2025 for AED 5,600,000 (AED 2,500 per sqft).
- Rented since October 2016 on 5 Ejari contracts. The rent fell from AED 300,000 to AED 180,000 in 2020 and recovered to AED 390,000 by December 2021.
- At AED 390,000 a year the gross yield on the 2025 price is 7.0%.
- 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 2 May 2025.
Questions about 1508, Palazzo Versace
What did unit 1508 last sell for?
AED 5,600,000 on 2 May 2025: AED 2,500 per sqft for 2,239 sqft. The unit has 2 registered sales; the first was AED 6,272,100 in February 2013.
What is the rent for unit 1508?
AED 390,000 a year on the contract signed on 29 December 2021. The previous contract, from July 2020, was AED 180,000; the unit has been rented since October 2016.
How big is unit 1508?
2,239 sqft (208.0 sqm): a three-bedroom apartment on the 5th floor of a 8-storey tower completed in 2015.
What is unit 1508 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 1508? 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.
Mortgage on 1508, Palazzo Versace
Starts from the last sale price (AED 5.6M, 2 May 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 5,600,000
- Deposit, UAE resident (20%)
- AED 1,120,000
- Deposit, non-resident (40%)
- AED 2,240,000
- Monthly over 25 years at 3.7%
- AED 22,911
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →