3-bed · 2,239 sqftPalazzo Versace, Culture Village · 6th floor · completed 2015

1608, Palazzo Versace

Sold prices and rental history: sold twice, last in February 2014, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 1608 · DLD and Ejari recordsUpdated 24 August 2026

Last soldAED 6.31M9 February 2014

Current rentAED 310K /yr24 August 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1608, Palazzo Versace

Today

What is 1608 worth today?

Last sold for AED 6,311,590 in 2014

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24 Aug 2026

24 Aug 2026RentedNew contract

AED 310,000/yr12 months · AED 138 per sqft

27 May 2025

27 May 2025RentedNew contract · flagged as an outlier

AED 35,000/yr12 months · AED 16 per sqft

15 May 2025

15 May 2025RentedNew contract · flagged as an outlier

AED 30,000/yr12 months · AED 13 per sqft

8 Nov 2021

8 Nov 2021RentedNew contract

AED 210,000/yr12 months · AED 94 per sqft

8 Nov 2020

8 Nov 2020RentedNew contract

AED 180,000/yr12 months · AED 80 per sqft

22 Mar 2020

22 Mar 2020RentedNew contract

AED 180,000/yr12 months · AED 80 per sqft

9 Feb 2014

9 Feb 2014SoldOff-plan

AED 6,311,590AED 2,818 per sqft

10 Apr 2013

10 Apr 2013Sold by developerOff-plan

AED 6,311,590AED 2,818 per sqft

Source: Dubai Land Department. Updated 24 August 2026.

Key facts

Type: 3-bed apartment
Size: 2,239 sqft
Floor: 6th of 8
Parking: B2-W170, B2-W171
Developer: Emirates PV Dubai
Completed: 2015
Last sold: AED 6.31M · February 2014
Building: Palazzo Versace

About 1608, Palazzo Versace

1608 is a three-bedroom apartment of 2,239 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 9 February 2014 for AED 6,311,590, or AED 2,818 per sqft, in line with the AED 2,796 three-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 24 August 2026, is AED 310,000 a year: a gross yield of 4.9% on the 2014 price.

Sales and rents for 1608 over time

Sales

Unit 1608, each saleTypical three-bed in Palazzo Versace

1608 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents

Unit 1608, each contractTypical three-bed in Palazzo Versace

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 1608 sits

All 65 3-beds →

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

1608 last sold in February 2014 at AED 2,818 per sqft, in line with what three-beds in Palazzo Versace were fetching at the time (AED 2,796). 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. 1608's AED 310,000 is in the lower half of that range.

Recent 3-bed sales	Size	Price (AED)	Per sqft
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

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 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
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
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

1608, Palazzo Versace in numbers

Sold twice: first on 10 April 2013 for AED 6,311,590, last on 9 February 2014 for AED 6,311,590 (AED 2,818 per sqft).
Rented since March 2020 on 6 Ejari contracts. The rent fell from AED 180,000 to AED 30,000 in 2025 and recovered to AED 310,000 by August 2026.
At AED 310,000 a year the gross yield on the 2014 price is 4.9%.
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 August 2026.

Questions about 1608, Palazzo Versace

What did unit 1608 last sell for?

AED 6,311,590 on 9 February 2014: AED 2,818 per sqft for 2,239 sqft. The unit has 2 registered sales; the first was AED 6,311,590 in April 2013.

What is the rent for unit 1608?

AED 310,000 a year on the contract signed on 24 August 2026. The previous contract, from May 2025, was AED 35,000; the unit has been rented since March 2020.

How big is unit 1608?

2,239 sqft (208.0 sqm): a three-bedroom apartment on the 6th floor of a 8-storey tower completed in 2015.

What is unit 1608 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 1608, Palazzo Versace

Starts from the last sale price (AED 6.31M, 9 February 2014). Switch to today's estimate once you have unlocked it.

Price: AED 6,311,590
Deposit, UAE resident (20%): AED 1,262,318
Deposit, non-resident (40%): AED 2,524,636
Monthly over 25 years at 3.7%: AED 25,823

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