1802, Palazzo Versace
Sold prices and rental history: sold twice, last in June 2014, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1802, Palazzo Versace
What is 1802 worth today?
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Source: Dubai Land Department. Updated 29 November 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 3,213 sqft
- Floor
- 8th of 8
- Parking
- B2-W145, B2-W146
- Developer
- Emirates PV Dubai
- Completed
- 2015
- Last sold
- AED 11M · June 2014
- Building
- Palazzo Versace
About 1802, Palazzo Versace
1802 is a three-bedroom apartment of 3,213 sqft on the 8th floor of Palazzo Versace, a 8-storey tower in Culture Village completed in 2015 by Emirates PV Dubai. It last sold on 1 June 2014 for AED 11,000,000, or AED 3,423 per sqft, 8% above the AED 3,169 three-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, signed on 29 November 2024, is AED 450,000 a year: a gross yield of 4.1% on the 2014 price.
Sales and rents for 1802 over time
1802 has sold twice; 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 1802 sits
All 65 3-beds →1802 last sold in June 2014 at AED 3,423 per sqft, 8% above what three-beds in Palazzo Versace were fetching at the time (AED 3,169). 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. 1802's AED 450,000 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 8th floor
All 166 units in Palazzo Versace| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1801 | 1-bed | 1,548 sqft | AED 3.87MAED 3,870,000 · Mar 2016March 2016 | 210,000 /yr | |
| 1803 | 3-bed | 3,013 sqft | AED 9MAED 9,000,000 · Feb 2013February 2013 | ||
| 1804 | 2-bed | 1,132 sqft | AED 1.68MAED 1,682,900 · Jul 2018July 2018 | ||
| 1805 | 2-bed | 2,016 sqft | AED 2MAED 2,000,000 · Sep 2019September 2019 | 190,000 /yr | |
| 2806 | 1-bed | 1,548 sqft | AED 4.5MAED 4,500,000 · Nov 2012November 2012 | 150,000 /yr | |
| 2807 | 3-bed | 3,213 sqft | AED 6.85MAED 6,850,000 · May 2025May 2025 | 30,000 /yr | |
| 2808 | 3-bed | 3,015 sqft | AED 5.4MAED 5,400,000 · Jan 2024January 2024 | 425,000 /yr | |
| 2809 | 2-bed | 2,018 sqft | AED 2.05MAED 2,050,000 · Jan 2021January 2021 | 250,000 /yr | |
| 2810 | 2-bed | 2,016 sqft | AED 2.05MAED 2,050,000 · Jan 2021January 2021 | 250,000 /yr |
1802, Palazzo Versace in numbers
- Sold twice: first on 20 March 2013 for AED 8,000,000, last on 1 June 2014 for AED 11,000,000 (AED 3,423 per sqft).
- Rented since April 2016 on 7 Ejari contracts. The rent fell from AED 310,000 to AED 200,000 in 2020 and recovered to AED 450,000 by November 2024.
- At AED 450,000 a year the gross yield on the 2014 price is 4.1%.
- 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 29 November 2024.
Questions about 1802, Palazzo Versace
What did unit 1802 last sell for?
AED 11,000,000 on 1 June 2014: AED 3,423 per sqft for 3,213 sqft. The unit has 2 registered sales; the first was AED 8,000,000 in March 2013.
What is the rent for unit 1802?
AED 450,000 a year on the contract signed on 29 November 2024. The previous contract, from September 2023, was AED 390,000; the unit has been rented since April 2016.
How big is unit 1802?
3,213 sqft (298.5 sqm): a three-bedroom apartment on the 8th floor of a 8-storey tower completed in 2015.
What is unit 1802 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 1802, Palazzo Versace
Starts from the last sale price (AED 11M, 1 June 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 11,000,000
- Deposit, UAE resident (20%)
- AED 2,200,000
- Deposit, non-resident (40%)
- AED 4,400,000
- Monthly over 25 years at 3.7%
- AED 45,004
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →