3-bed · 3,944 sqftPalazzo Versace, Culture Village · 7th floor · completed 2015

1703, Palazzo Versace

Sold prices and rental history: sold twice, last in June 2016, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 1703 · DLD and Ejari recordsUpdated 15 March 2022

Last soldAED 12.84M23 June 2016

Current rentAED 242K /yr15 March 2022

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Today's valuefree after one verification

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Property timeline for 1703, Palazzo Versace

Today

What is 1703 worth today?

Last sold for AED 12,841,100 in 2016

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15 Mar 2022

15 Mar 2022RentedRenewal

AED 241,500/yr12 months · AED 61 per sqft

15 Mar 2021

15 Mar 2021RentedNew contract

AED 230,000/yr12 months · AED 58 per sqft

30 Nov 2019

30 Nov 2019RentedNew contract

AED 220,000/yr12 months · AED 56 per sqft

23 Jun 2016

23 Jun 2016SoldReady

AED 12,841,100AED 3,255 per sqft

26 Feb 2009

26 Feb 2009Sold by developerOff-plan

AED 12,841,100AED 3,255 per sqft

Source: Dubai Land Department. Updated 15 March 2022.

Key facts

Type: 3-bed apartment
Size: 3,944 sqft
Floor: 7th of 8
Parking: B2-W157, B2-W158
Developer: Emirates PV Dubai
Completed: 2015
Last sold: AED 12.84M · June 2016
Building: Palazzo Versace

About 1703, Palazzo Versace

1703 is a three-bedroom apartment of 3,944 sqft on the 7th floor of Palazzo Versace, a 8-storey tower in Culture Village completed in 2015 by Emirates PV Dubai. It last sold on 23 June 2016 for AED 12,841,100, or AED 3,255 per sqft, in line with the AED 3,216 three-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, renewed on 15 March 2022, is AED 241,500 a year: a gross yield of 1.9% on the 2016 price.

Sales and rents for 1703 over time

Sales

Unit 1703, each saleTypical three-bed in Palazzo Versace

1703 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents

Unit 1703, 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 1703 sits

All 65 3-beds →

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

1703 last sold in June 2016 at AED 3,255 per sqft, in line with what three-beds in Palazzo Versace were fetching at the time (AED 3,216). 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. 1703's AED 241,500 is at the bottom 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 7th floor

All 166 units in Palazzo Versace


1701	3-bed	2,049 sqft	AED 3.4MAED 3,400,000 · Jan 2022January 2022	157,500 /yr
1702	4-bed	4,717 sqft	No registered sale	400,000 /yr
1704	5-bed	12,937 sqft	AED 21.3MAED 21,300,000 · Dec 2023December 2023	35,000 /yr
1705	2-bed	3,720 sqft	AED 11.79MAED 11,794,000 · Jun 2016June 2016	200,000 /yr
1706	4-bed	4,715 sqft	AED 9.2MAED 9,200,000 · Mar 2023March 2023	625,000 /yr
1707	3-bed	3,799 sqft	AED 9MAED 9,000,000 · Feb 2026February 2026	300,000 /yr
1708	3-bed	2,961 sqft	AED 7.91MAED 7,912,900 · Dec 2012December 2012	425,000 /yr
1709	2-bed	2,014 sqft	AED 2MAED 2,000,000 · Sep 2019September 2019	245,000 /yr
1710	2-bed	2,021 sqft	AED 3.47MAED 3,466,600 · Jun 2025June 2025	250,000 /yr
2711	2-bed	2,049 sqft	AED 3.5MAED 3,500,000 · Jul 2026July 2026	192,000 /yr
2712	4-bed	4,717 sqft	AED 7.9MAED 7,900,000 · Apr 2023April 2023	600,000 /yr
2713	3-bed	3,944 sqft	AED 12.75MAED 12,748,581 · Jan 2012January 2012
2714	5-bed	12,936 sqft	AED 28.95MAED 28,952,200 · Jun 2016June 2016	390,000 /yr
2715	2-bed	3,718 sqft	AED 3.87MAED 3,872,125 · Dec 2020December 2020	290,000 /yr
2716	4-bed	4,715 sqft	AED 13.5MAED 13,500,000 · Dec 2024December 2024	301,622 /yr
2717	3-bed	3,799 sqft	AED 8.28MAED 8,275,350 · Sep 2012September 2012	435,000 /yr
2718	3-bed	2,961 sqft	AED 9.9MAED 9,897,600 · Jun 2014June 2014	384,300 /yr
2719	2-bed	2,014 sqft	AED 7.93MAED 7,927,500 · Feb 2009February 2009	225,000 /yr
2720	2-bed	2,021 sqft	AED 3.9MAED 3,900,000 · Dec 2024December 2024	266,500 /yr

1–7 of 19

1703, Palazzo Versace in numbers

Sold twice: first on 26 February 2009 for AED 12,841,100, last on 23 June 2016 for AED 12,841,100 (AED 3,255 per sqft).
Rented since November 2019 on 3 Ejari contracts, from AED 220,000 to AED 241,500 a year.
At AED 241,500 a year the gross yield on the 2016 price is 1.9%.
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 15 March 2022.

Questions about 1703, Palazzo Versace

What did unit 1703 last sell for?

AED 12,841,100 on 23 June 2016: AED 3,255 per sqft for 3,944 sqft. The unit has 2 registered sales; the first was AED 12,841,100 in February 2009.

What is the rent for unit 1703?

AED 241,500 a year on the contract renewed on 15 March 2022. The previous contract, from March 2021, was AED 230,000; the unit has been rented since November 2019.

How big is unit 1703?

3,944 sqft (366.4 sqm): a three-bedroom apartment on the 7th floor of a 8-storey tower completed in 2015.

What is unit 1703 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 1703, Palazzo Versace

Starts from the last sale price (AED 12.84M, 23 June 2016). Switch to today's estimate once you have unlocked it.

Price: AED 12,841,100
Deposit, UAE resident (20%): AED 2,568,220
Deposit, non-resident (40%): AED 5,136,440
Monthly over 25 years at 3.7%: AED 52,537

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