3-bed · 3,003 sqftPalazzo Versace, Culture Village · 5th floor · completed 2015

1510, Palazzo Versace

Sold prices and rental history: sold twice, last in May 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1510 · DLD and Ejari recordsUpdated 24 November 2025
Last soldAED 6.26M31 May 2023
Current rentAED 380K /yr24 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1510, Palazzo Versace

What is 1510 worth today?

Last sold for AED 6,256,000 in 2023

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24 Nov 2025RentedNew contract
AED 380,000/yr12 months · AED 127 per sqft
7 Jul 2024RentedRenewal
AED 435,000/yr12 months · AED 145 per sqft
7 Jul 2023RentedNew contract
AED 450,000/yr12 months · AED 150 per sqft
31 May 2023SoldReady
AED 6,256,000AED 2,083 per sqft
10 Apr 2022RentedRenewal
AED 220,000/yr12 months · AED 73 per sqft
10 Apr 2021RentedRenewal
AED 200,000/yr12 months · AED 67 per sqft
10 Apr 2020RentedNew contract
AED 200,000/yr12 months · AED 67 per sqft
1 Feb 2020RentedNew contract
AED 230,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 24 November 2025.

Key facts

Type
3-bed apartment
Size
3,003 sqft
Floor
5th of 8
Parking
B1M-W045, B1M-W046
Developer
Emirates PV Dubai
Completed
2015
Last sold
AED 6.26M · May 2023

About 1510, Palazzo Versace

1510 is a three-bedroom apartment of 3,003 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 31 May 2023 for AED 6,256,000, or AED 2,083 per sqft.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, signed on 24 November 2025, is AED 380,000 a year: a gross yield of 6.1% on the 2023 price.

Sales and rents for 1510 over time

Sales
Unit 1510, 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, August 2013: AED 4,105,500 (AED 1,367 per sqft)Sold, May 2023: AED 6,256,000 (AED 2,083 per sqft)

1510 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1510, 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, February 2020: AED 230,000 a yearNew contract, April 2020: AED 200,000 a yearRenewal, April 2021: AED 200,000 a yearRenewal, April 2022: AED 220,000 a yearNew contract, July 2023: AED 450,000 a yearRenewal, July 2024: AED 435,000 a yearNew contract, November 2025: AED 380,000 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 1510 sits

All 65 3-beds →

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. 1510's AED 380,000 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
12 Feb 20265,800,000
11 Feb 20269,000,000
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
15023-bedAED 5.8M · Feb 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
1–7 of 23

1510, Palazzo Versace in numbers

  • Sold twice: first on 22 August 2013 for AED 4,105,500, last on 31 May 2023 for AED 6,256,000 (AED 2,083 per sqft).
  • Rented since February 2020 on 7 Ejari contracts. The rent fell from AED 230,000 to AED 200,000 in 2021 and recovered to AED 380,000 by November 2025.
  • At AED 380,000 a year the gross yield on the 2023 price is 6.1%.
  • 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 24 November 2025.

Questions about 1510, Palazzo Versace

What did unit 1510 last sell for?

AED 6,256,000 on 31 May 2023: AED 2,083 per sqft for 3,003 sqft. The unit has 2 registered sales; the first was AED 4,105,500 in August 2013.

What is the rent for unit 1510?

AED 380,000 a year on the contract signed on 24 November 2025. The previous contract, from July 2024, was AED 435,000; the unit has been rented since February 2020.

How big is unit 1510?

3,003 sqft (279.0 sqm): a three-bedroom apartment on the 5th floor of a 8-storey tower completed in 2015.

What is unit 1510 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.

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Mortgage on 1510, Palazzo Versace

Starts from the last sale price (AED 6.26M, 31 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 6,256,000
Deposit, UAE resident (20%)
AED 1,251,200
Deposit, non-resident (40%)
AED 2,502,400
Monthly over 25 years at 3.7%
AED 25,595

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