1704, Palazzo Versace
Sold prices and rental history: sold 3 times, last in December 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1704, Palazzo Versace
What is 1704 worth today?
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Source: Dubai Land Department. Updated 30 May 2025.
Key facts
- Type
- 5-bed apartment
- Size
- 12,937 sqft
- Floor
- 7th of 8
- Parking
- B1M-W029, B1M-W030, B1M-W031
- Developer
- Emirates PV Dubai
- Completed
- 2015
- Last sold
- AED 21.3M · December 2023
- Building
- Palazzo Versace
About 1704, Palazzo Versace
1704 is a five-bedroom apartment of 12,937 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 28 December 2023 for AED 21,300,000, or AED 1,646 per sqft.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 30 May 2025, is AED 35,000 a year: a gross yield of 0.2% on the 2023 price.
5-beds in Palazzo Versace, and where 1704 sits
All 3 5-beds →| Recent 5-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Mar 202414 March 2024 | 10,678 sqft | 20,000,000 | 1,872 | ||
| 23 Jun 201623 June 2016 | 12,936 sqft | 28,952,200 | 2,238 | ||
| 16 Feb 201016 February 2010 | 10,678 sqft | 25,300,000 | 2,369 | ||
| 26 Feb 200926 February 2009 | 12,936 sqft | 28,952,200 | 2,238 |
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 7th floor
All 166 units in Palazzo Versace| ValueToday's value | |||||
|---|---|---|---|---|---|
| 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 | |
| 1703 | 3-bed | 3,944 sqft | AED 12.84MAED 12,841,100 · Jun 2016June 2016 | 241,500 /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 |
1704, Palazzo Versace in numbers
- Sold 3 times: first on 26 February 2009 for AED 28,952,200, last on 28 December 2023 for AED 21,300,000 (AED 1,646 per sqft).
- Rented since January 2019 on 5 Ejari contracts, from AED 512,500 to AED 35,000 a year.
- At AED 35,000 a year the gross yield on the 2023 price is 0.2%.
Source: Dubai Land Department. Updated 30 May 2025.
Questions about 1704, Palazzo Versace
What did unit 1704 last sell for?
AED 21,300,000 on 28 December 2023: AED 1,646 per sqft for 12,937 sqft. The unit has 3 registered sales; the first was AED 28,952,200 in February 2009.
What is the rent for unit 1704?
AED 35,000 a year on the contract signed on 30 May 2025. The previous contract, from May 2025, was AED 35,000; the unit has been rented since January 2019.
How big is unit 1704?
12,937 sqft (1201.9 sqm): a five-bedroom apartment on the 7th floor of a 8-storey tower completed in 2015.
What is unit 1704 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 1704, Palazzo Versace
Starts from the last sale price (AED 21.3M, 28 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 21,300,000
- Deposit, UAE resident (20%)
- AED 4,260,000
- Deposit, non-resident (40%)
- AED 8,520,000
- Monthly over 25 years at 3.7%
- AED 87,145
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →