1606, Palazzo Versace
Sold prices and rental history: sold once, by the developer in April 2011, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1606, Palazzo Versace
What is 1606 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 17 March 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,685 sqft
- Floor
- 6th of 8
- Parking
- B2-W142, B2-W161
- Developer
- Emirates PV Dubai
- Completed
- 2015
- Last sold
- AED 5.5M · April 2011
- Building
- Palazzo Versace
About 1606, Palazzo Versace
1606 is a two-bedroom apartment of 1,685 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 14 April 2011 for AED 5,500,000, or AED 3,263 per sqft.
It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, signed on 17 March 2026, is AED 260,000 a year: a gross yield of 4.7% on the 2011 price.
Sales and rents for 1606 over time
1606 has sold once; 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 1606 sits
All 77 2-beds →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. 1606's AED 260,000 is in the upper half of that range.
| 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 | |
| 1603 | 2-bed | 1,764 sqft | AED 9.45MAED 9,451,662 · Jan 2012January 2012 | ||
| 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 | |
| 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 |
1606, Palazzo Versace in numbers
- Sold once: by Emirates PV Dubai on 14 April 2011 for AED 5,500,000, or AED 3,263 per sqft.
- Rented since August 2018 on 9 Ejari contracts. The rent fell from AED 160,000 to AED 27,000 in 2025 and recovered to AED 260,000 by March 2026.
- At AED 260,000 a year the gross yield on the 2011 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 17 March 2026.
Questions about 1606, Palazzo Versace
What did unit 1606 last sell for?
AED 5,500,000 on 14 April 2011, sold by the developer: AED 3,263 per sqft for 1,685 sqft. It is the only registered sale of the unit.
What is the rent for unit 1606?
AED 260,000 a year on the contract signed on 17 March 2026. The previous contract, from May 2025, was AED 27,000; the unit has been rented since August 2018.
How big is unit 1606?
1,685 sqft (156.5 sqm): a two-bedroom apartment on the 6th floor of a 8-storey tower completed in 2015.
What is unit 1606 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.
Selling 1606? 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 1606, Palazzo Versace
Starts from the last sale price (AED 5.5M, 14 April 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 5,500,000
- Deposit, UAE resident (20%)
- AED 1,100,000
- Deposit, non-resident (40%)
- AED 2,200,000
- Monthly over 25 years at 3.7%
- AED 22,502
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →