3-bed · 2,975 sqftPalazzo Versace, Culture Village · 6th floor · completed 2015

1610, Palazzo Versace

Sold prices and rental history: sold twice, last in December 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1610 · DLD and Ejari recordsUpdated 18 August 2026
Last soldAED 5.9M10 December 2024
Current rentAED 380K /yr18 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1610, Palazzo Versace

What is 1610 worth today?

Last sold for AED 5,900,000 in 2024

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18 Aug 2026RentedNew contract
AED 380,000/yr12 months · AED 128 per sqft
4 Aug 2025RentedNew contract
AED 380,000/yr12 months · AED 128 per sqft
20 Mar 2025RentedNew contract
AED 80,000/yr12 months · AED 27 per sqft
20 Mar 2025RentedNew contract
AED 80,000/yr12 months · AED 27 per sqft
10 Dec 2024SoldReady
AED 5,900,000AED 1,983 per sqft
14 Jan 2022RentedNew contract
AED 440,000/yr12 months · AED 148 per sqft
14 Jan 2022RentedNew contract
AED 220,000/yr24 months · AED 74 per sqft
24 Sep 2020RentedNew contract
AED 220,000/yr24 months · AED 74 per sqft

Source: Dubai Land Department. Updated 18 August 2026.

Key facts

Type
3-bed apartment
Size
2,975 sqft
Floor
6th of 8
Parking
B2-W166, B2-W167
Developer
Emirates PV Dubai
Completed
2015
Last sold
AED 5.9M · December 2024

About 1610, Palazzo Versace

1610 is a three-bedroom apartment of 2,975 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 10 December 2024 for AED 5,900,000, or AED 1,983 per sqft, 4% below the AED 2,057 three-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, signed on 18 August 2026, is AED 380,000 a year: a gross yield of 6.4% on the 2024 price.

Sales and rents for 1610 over time

Sales
Unit 1610, 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, April 2013: AED 10,500,000 (AED 3,529 per sqft)Sold, December 2024: AED 5,900,000 (AED 1,983 per sqft)

1610 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1610, 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, September 2020: AED 220,000 a yearNew contract, January 2022: AED 440,000 a yearNew contract, January 2022: AED 220,000 a yearNew contract, March 2025: AED 80,000 a yearNew contract, March 2025: AED 80,000 a yearNew contract, August 2025: AED 380,000 a yearNew contract, August 2026: 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 1610 sits

All 65 3-beds →

1610 last sold in December 2024 at AED 1,983 per sqft, 4% below what three-beds in Palazzo Versace were fetching at the time (AED 2,057). 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. 1610'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 6th floor

All 166 units in Palazzo Versace
Value
16012-bedAED 4.29M · Jul 2024
16023-bedAED 4.6M · Mar 2022
16032-bedAED 9.45M · Jan 2012
16042-bedAED 3.2M · Jan 2019
16054-bedAED 139K · Jan 2022
16062-bedAED 5.5M · Apr 2011
16072-bedAED 4.33M · Feb 2009
1–7 of 22

1610, Palazzo Versace in numbers

  • Sold twice: first on 22 April 2013 for AED 10,500,000, last on 10 December 2024 for AED 5,900,000 (AED 1,983 per sqft).
  • Rented since September 2020 on 7 Ejari contracts. The rent fell from AED 220,000 to AED 80,000 in 2025 and recovered to AED 380,000 by August 2026.
  • At AED 380,000 a year the gross yield on the 2024 price is 6.4%.
  • 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 18 August 2026.

Questions about 1610, Palazzo Versace

What did unit 1610 last sell for?

AED 5,900,000 on 10 December 2024: AED 1,983 per sqft for 2,975 sqft. The unit has 2 registered sales; the first was AED 10,500,000 in April 2013.

What is the rent for unit 1610?

AED 380,000 a year on the contract signed on 18 August 2026. The previous contract, from August 2025, was AED 380,000; the unit has been rented since September 2020.

How big is unit 1610?

2,975 sqft (276.4 sqm): a three-bedroom apartment on the 6th floor of a 8-storey tower completed in 2015.

What is unit 1610 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 1610, Palazzo Versace

Starts from the last sale price (AED 5.9M, 10 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 5,900,000
Deposit, UAE resident (20%)
AED 1,180,000
Deposit, non-resident (40%)
AED 2,360,000
Monthly over 25 years at 3.7%
AED 24,139

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