1603, Palazzo Versace
Sold prices and rental history: sold once, by the developer in January 2012, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1603, Palazzo Versace
What is 1603 worth today?
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Source: Dubai Land Department. Updated 9 January 2012.
Key facts
- Type
- 2-bed apartment
- Size
- 1,764 sqft
- Floor
- 6th of 8
- Parking
- B2-W174, B2-W175
- Developer
- Emirates PV Dubai
- Completed
- 2015
- Last sold
- AED 9.45M · January 2012
- Building
- Palazzo Versace
About 1603, Palazzo Versace
1603 is a two-bedroom apartment of 1,764 sqft on the 6th floor of Palazzo Versace, a 8-storey tower in Culture Village completed in 2015 by Emirates PV Dubai. The developer sold it on 9 January 2012 for AED 9,451,662, or AED 5,359 per sqft, 158% above the AED 2,077 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1603 over time
No registered sale of 1603; the dashed line is the two-bed median of each year in the building.
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 1603 sits
All 77 2-beds →1603 last sold in January 2012 at AED 5,359 per sqft, 158% above what two-beds in Palazzo Versace were fetching at the time (AED 2,077). 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.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Oct 20265 October 2026 | 1,763 sqft | 3,600,000 | 2,041 | ||
| 2 Oct 20262 October 2026 | 1,801 sqft | 3,900,000 | 2,165 | ||
| 19 Aug 202619 August 2026 | 2,038 sqft | 4,000,000 | 1,962 | ||
| 22 Jul 202622 July 2026 | 2,049 sqft | 3,500,000 | 1,708 |
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 6th floor
All 166 units in Palazzo Versace| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 2-bed | 2,038 sqft | AED 4.29MAED 4,285,000 · Jul 2024July 2024 | 170,000 /yr | |
| 1602 | 3-bed | 2,238 sqft | AED 4.6MAED 4,604,962 · Mar 2022March 2022 | 335,000 /yr | |
| 1604 | 2-bed | 1,763 sqft | AED 3.2MAED 3,200,000 · Jan 2019January 2019 | 150,700 /yr | |
| 1605 | 4-bed | 5,001 sqft | AED 139KAED 138,770 · Jan 2022January 2022 | 250,000 /yr | |
| 1606 | 2-bed | 1,685 sqft | AED 5.5MAED 5,500,000 · Apr 2011April 2011 | 260,000 /yr | |
| 1607 | 2-bed | 1,686 sqft | AED 4.33MAED 4,325,100 · Feb 2009February 2009 | 188,000 /yr | |
| 1608 | 3-bed | 2,239 sqft | AED 6.31MAED 6,311,590 · Feb 2014February 2014 | 310,000 /yr | |
| 1609 | 3-bed | 3,821 sqft | AED 12.28MAED 12,279,100 · Jan 2014January 2014 | 50,000 /yr | |
| 1610 | 3-bed | 2,975 sqft | AED 5.9MAED 5,900,000 · Dec 2024December 2024 | 380,000 /yr | |
| 1611 | 2-bed | 2,021 sqft | AED 6.12MAED 6,117,840 · Aug 2013August 2013 | 200,000 /yr | |
| 1612 | 2-bed | 2,021 sqft | AED 3.4MAED 3,400,000 · Sep 2023September 2023 | 25,000 /yr | |
| 2613 | 2-bed | 2,038 sqft | AED 3.09MAED 3,094,500 · Sep 2012September 2012 | 225,000 /yr | |
| 2614 | 3-bed | 2,238 sqft | AED 6MAED 6,000,000 · Feb 2018February 2018 | 320,000 /yr | |
| 2615 | 2-bed | 1,764 sqft | AED 3.4MAED 3,400,000 · May 2021May 2021 | 150,000 /yr | |
| 2616 | 2-bed | 1,763 sqft | AED 3.6MAED 3,600,000 · Oct 2026October 2026 | 260,000 /yr | |
| 2617 | 4-bed | 5,001 sqft | AED 20MAED 20,000,000 · Jul 2014July 2014 | 715,000 /yr | |
| 2618 | 2-bed | 1,685 sqft | AED 2.5MAED 2,500,000 · May 2021May 2021 | 150,000 /yr | |
| 2620 | 3-bed | 2,239 sqft | AED 10.11MAED 10,112,400 · Feb 2009February 2009 | ||
| 2621 | 3-bed | 3,821 sqft | AED 8.36MAED 8,360,000 · Oct 2024October 2024 | 50,000 /yr | |
| 2622 | 3-bed | 2,975 sqft | AED 4.75MAED 4,746,171 · Dec 2022December 2022 | ||
| 2623 | 2-bed | 1,071 sqft | AED 1.06MAED 1,059,976 · Sep 2019September 2019 | 210,000 /yr | |
| 2624 | 2-bed | 2,021 sqft | AED 2.74MAED 2,741,813 · Jan 2017January 2017 | 250,000 /yr |
1603, Palazzo Versace in numbers
- Sold once: by Emirates PV Dubai on 9 January 2012 for AED 9,451,662, or AED 5,359 per sqft.
- 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 9 January 2012.
Questions about 1603, Palazzo Versace
What did unit 1603 last sell for?
AED 9,451,662 on 9 January 2012, sold by the developer: AED 5,359 per sqft for 1,764 sqft. It is the only registered sale of the unit.
How big is unit 1603?
1,764 sqft (163.9 sqm): a two-bedroom apartment on the 6th floor of a 8-storey tower completed in 2015.
What is unit 1603 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 1603, Palazzo Versace
Starts from the last sale price (AED 9.45M, 9 January 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 9,451,662
- Deposit, UAE resident (20%)
- AED 1,890,332
- Deposit, non-resident (40%)
- AED 3,780,665
- Monthly over 25 years at 3.7%
- AED 38,670
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →