2-bed · 1,763 sqftPalazzo Versace, Culture Village · 6th floor · completed 2015

1604, Palazzo Versace

Sold prices and rental history: sold twice, last in January 2019, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 1604 · DLD and Ejari recordsUpdated 1 April 2025

Last soldAED 3.2M31 January 2019

Current rentAED 151K /yr1 April 2025

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1604, Palazzo Versace

Today

What is 1604 worth today?

Last sold for AED 3,200,000 in 2019

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1 Apr 2025

1 Apr 2025RentedNew contract

AED 150,700/yr12 months · AED 85 per sqft

1 Apr 2025

1 Apr 2025RentedNew contract

AED 150,700/yr12 months · AED 85 per sqft

25 Mar 2020

25 Mar 2020RentedNew contract

AED 130,000/yr12 months · AED 74 per sqft

31 Jan 2019

31 Jan 2019SoldReady

AED 3,200,000AED 1,814 per sqft

8 Oct 2018

8 Oct 2018RentedNew contract

AED 170,000/yr12 months · AED 96 per sqft

17 May 2017

17 May 2017Sold by developerReady

AED 4,001,938AED 2,269 per sqft

Source: Dubai Land Department. Updated 1 April 2025.

Key facts

Type: 2-bed apartment
Size: 1,763 sqft
Floor: 6th of 8
Parking: B2-W133, B2-W134
Developer: Emirates PV Dubai
Completed: 2015
Last sold: AED 3.2M · January 2019
Building: Palazzo Versace

About 1604, Palazzo Versace

1604 is a two-bedroom apartment of 1,763 sqft on the 6th floor of Palazzo Versace, a 8-storey tower in Culture Village completed in 2015 by Emirates PV Dubai. It last sold on 31 January 2019 for AED 3,200,000, or AED 1,814 per sqft, 7% above the AED 1,701 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 1 April 2025, is AED 150,700 a year: a gross yield of 4.7% on the 2019 price.

Sales and rents for 1604 over time

Sales

Unit 1604, each saleTypical two-bed in Palazzo Versace

1604 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents

Unit 1604, each contractTypical two-bed in Palazzo Versace

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 1604 sits

All 77 2-beds →

2-beds in Palazzo Versace · last 12 months2,041 /sqft Palazzo Versace · all types2,051 /sqft

1604 last sold in January 2019 at AED 1,814 per sqft, 7% above what two-beds in Palazzo Versace were fetching at the time (AED 1,701). 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. 1604's AED 150,700 is at the bottom of that range.

Recent 2-bed sales	Size	Price (AED)	Per sqft
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

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 6th floor

All 166 units in Palazzo Versace


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
1603	2-bed	1,764 sqft	AED 9.45MAED 9,451,662 · Jan 2012January 2012
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

1–7 of 22

1604, Palazzo Versace in numbers

Sold twice: first on 17 May 2017 for AED 4,001,938, last on 31 January 2019 for AED 3,200,000 (AED 1,814 per sqft).
Rented since October 2018 on 4 Ejari contracts. The rent fell from AED 170,000 to AED 130,000 in 2020 and recovered to AED 150,700 by April 2025.
At AED 150,700 a year the gross yield on the 2019 price is 4.7%.
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 1 April 2025.

Questions about 1604, Palazzo Versace

What did unit 1604 last sell for?

AED 3,200,000 on 31 January 2019: AED 1,814 per sqft for 1,763 sqft. The unit has 2 registered sales; the first was AED 4,001,938 in May 2017.

What is the rent for unit 1604?

AED 150,700 a year on the contract signed on 1 April 2025. The previous contract, from April 2025, was AED 150,700; the unit has been rented since October 2018.

How big is unit 1604?

1,763 sqft (163.8 sqm): a two-bedroom apartment on the 6th floor of a 8-storey tower completed in 2015.

What is unit 1604 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 1604, Palazzo Versace

Starts from the last sale price (AED 3.2M, 31 January 2019). Switch to today's estimate once you have unlocked it.

Price: AED 3,200,000
Deposit, UAE resident (20%): AED 640,000
Deposit, non-resident (40%): AED 1,280,000
Monthly over 25 years at 3.7%: AED 13,092

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