1805, Palazzo Versace
Sold prices and rental history: sold 3 times, last in September 2019, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1805, Palazzo Versace
What is 1805 worth today?
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Source: Dubai Land Department. Updated 29 September 2019.
Key facts
- Type
- 2-bed apartment
- Size
- 2,016 sqft
- Floor
- 8th of 8
- Parking
- B2-W138, B2-W139
- Developer
- Emirates PV Dubai
- Completed
- 2015
- Last sold
- AED 2M · September 2019
- Building
- Palazzo Versace
About 1805, Palazzo Versace
1805 is a two-bedroom apartment of 2,016 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 29 September 2019 for AED 2,000,000, or AED 992 per sqft, in line with the AED 993 two-beds in the building were fetching at the time.
It has been rented since 2017 on 2 Ejari contracts. The current contract, signed on 24 July 2018, is AED 190,000 a year: a gross yield of 9.5% on the 2019 price.
Sales and rents for 1805 over time
1805 has sold 3 times; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Palazzo Versace, and where 1805 sits
All 77 2-beds →1805 last sold in September 2019 at AED 992 per sqft, in line with what two-beds in Palazzo Versace were fetching at the time (AED 993). Over the last 12 months two-beds sold for AED 3,015,526 to 4,000,000, around AED 2,041 per sqft, and rent for AED 165,000 to 330,000 a year. 1805's AED 190,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Oct 20265 October 2026 | 1,763 sqft | 3,600,000 | 2,041 | ||
| 2 Oct 20262 October 2026 | 1,801 sqft | 3,900,000 | 2,165 | ||
| 19 Aug 202619 August 2026 | 2,038 sqft | 4,000,000 | 1,962 | ||
| 22 Jul 202622 July 2026 | 2,049 sqft | 3,500,000 | 1,708 |
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 | |
| 1802 | 3-bed | 3,213 sqft | AED 11MAED 11,000,000 · Jun 2014June 2014 | 450,000 /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 | ||
| 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 |
1805, Palazzo Versace in numbers
- Sold 3 times: first on 17 April 2011 for AED 4,272,000, last on 29 September 2019 for AED 2,000,000 (AED 992 per sqft).
- Rented since October 2017 on 2 Ejari contracts, at AED 190,000 a year.
- At AED 190,000 a year the gross yield on the 2019 price is 9.5%.
- Two-beds in Palazzo Versace sold for AED 3,015,526–4,000,000 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 September 2019.
Questions about 1805, Palazzo Versace
What did unit 1805 last sell for?
AED 2,000,000 on 29 September 2019: AED 992 per sqft for 2,016 sqft. The unit has 3 registered sales; the first was AED 4,272,000 in April 2011.
What is the rent for unit 1805?
AED 190,000 a year on the contract signed on 24 July 2018. The previous contract, from October 2017, was AED 190,000.
How big is unit 1805?
2,016 sqft (187.3 sqm): a two-bedroom apartment on the 8th floor of a 8-storey tower completed in 2015.
What is unit 1805 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Palazzo Versace sold for AED 3,015,526 to 4,000,000 in the last 12 months, around AED 2,041 per sqft.
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Mortgage on 1805, Palazzo Versace
Starts from the last sale price (AED 2M, 29 September 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 2,000,000
- Deposit, UAE resident (20%)
- AED 400,000
- Deposit, non-resident (40%)
- AED 800,000
- Monthly over 25 years at 3.7%
- AED 8,183
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →