1708, Palazzo Versace
Sold prices and rental history: sold once, by the developer in December 2012, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1708, Palazzo Versace
What is 1708 worth today?
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Source: Dubai Land Department. Updated 10 December 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 2,961 sqft
- Floor
- 7th of 8
- Parking
- B2-W151, B2-W152
- Developer
- Emirates PV Dubai
- Completed
- 2015
- Last sold
- AED 7.91M · December 2012
- Building
- Palazzo Versace
About 1708, Palazzo Versace
1708 is a three-bedroom apartment of 2,961 sqft on the 7th floor of Palazzo Versace, a 8-storey tower in Culture Village completed in 2015 by Emirates PV Dubai. The developer sold it on 19 December 2012 for AED 7,912,900, or AED 2,672 per sqft, 17% above the AED 2,276 three-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 10 December 2025, is AED 425,000 a year: a gross yield of 5.4% on the 2012 price.
Sales and rents for 1708 over time
1708 has sold once; the dashed line is the three-bed median of each year in the building.
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 1708 sits
All 65 3-beds →1708 last sold in December 2012 at AED 2,672 per sqft, 17% above what three-beds in Palazzo Versace were fetching at the time (AED 2,276). 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. 1708's AED 425,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 |
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 | |
| 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 | |
| 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 |
1708, Palazzo Versace in numbers
- Sold once: by Emirates PV Dubai on 19 December 2012 for AED 7,912,900, or AED 2,672 per sqft.
- Rented since March 2021 on 4 Ejari contracts. The rent fell from AED 235,000 to AED 50,000 in 2025 and recovered to AED 425,000 by December 2025.
- At AED 425,000 a year the gross yield on the 2012 price is 5.4%.
- 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 10 December 2025.
Questions about 1708, Palazzo Versace
What did unit 1708 last sell for?
AED 7,912,900 on 19 December 2012, sold by the developer: AED 2,672 per sqft for 2,961 sqft. It is the only registered sale of the unit.
What is the rent for unit 1708?
AED 425,000 a year on the contract signed on 10 December 2025. The previous contract, from May 2025, was AED 50,000; the unit has been rented since March 2021.
How big is unit 1708?
2,961 sqft (275.1 sqm): a three-bedroom apartment on the 7th floor of a 8-storey tower completed in 2015.
What is unit 1708 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 1708, Palazzo Versace
Starts from the last sale price (AED 7.91M, 19 December 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 7,912,900
- Deposit, UAE resident (20%)
- AED 1,582,580
- Deposit, non-resident (40%)
- AED 3,165,160
- Monthly over 25 years at 3.7%
- AED 32,374
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →