4-bed · 6,444 sqftPalazzo Versace, Culture Village · Ground floor · completed 2015

2008, Palazzo Versace

Sold prices and rental history: sold twice, last in December 2023, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2008 · DLD and Ejari recordsUpdated 30 May 2025
Last soldAED 14M19 December 2023
Current rentAED 40K /yr30 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2008, Palazzo Versace

What is 2008 worth today?

Last sold for AED 14,000,000 in 2023

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30 May 2025RentedNew contract · flagged as an outlier
AED 40,000/yr12 months · AED 6 per sqft
30 May 2025RentedNew contract · flagged as an outlier
AED 40,000/yr12 months · AED 6 per sqft
19 Dec 2023SoldReady
AED 14,000,000AED 2,172 per sqft
14 Aug 2012Sold by developerOff-plan
AED 15,000,000AED 2,327 per sqft

Source: Dubai Land Department. Updated 30 May 2025.

Key facts

Type
4-bed apartment
Size
6,444 sqft
Floor
Ground of 8
Parking
B1-E048, B1-E049, B1-E050
Developer
Emirates PV Dubai
Completed
2015
Last sold
AED 14M · December 2023

About 2008, Palazzo Versace

2008 is a four-bedroom apartment of 6,444 sqft on the ground floor of Palazzo Versace, a 8-storey tower in Culture Village completed in 2015 by Emirates PV Dubai. It last sold on 19 December 2023 for AED 14,000,000, or AED 2,172 per sqft, 11% above the AED 1,951 four-beds in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 30 May 2025, is AED 40,000 a year: a gross yield of 0.3% on the 2023 price.

Sales and rents for 2008 over time

Sales
Unit 2008, each saleTypical four-bed in Palazzo Versace
10M15M20092013201720212025Typical sale price by year: 2009 AED 16,055,500; 2012 AED 11,697,500; 2013 AED 15,849,250; 2018 AED 11,000,000; 2019 AED 6,755,000; 2021 AED 10,000,000; 2023 AED 12,500,000; 2024 AED 13,500,000Sold by developer, August 2012: AED 15,000,000 (AED 2,327 per sqft)Sold, December 2023: AED 14,000,000 (AED 2,172 per sqft)

2008 has sold twice; the dashed line is the four-bed median of each year in the building.

Rents
Unit 2008, each contractTypical four-bed in Palazzo Versace
400K600K20182020202220242026Typical rent by year: 2018 AED 365,000; 2019 AED 360,001; 2020 AED 350,000; 2021 AED 405,000; 2022 AED 650,000; 2023 AED 625,000; 2024 AED 715,000; 2025 AED 707,500

Annual rent on each registered contract; the dashed line is the four-bed median of each year in the building.

4-beds in Palazzo Versace, and where 2008 sits

All 17 4-beds →

2008 last sold in December 2023 at AED 2,172 per sqft, 11% above what four-beds in Palazzo Versace were fetching at the time (AED 1,951). Over the last 12 months four-beds sold for AED 12,800,000, around AED 2,429 per sqft, and rent for AED 301,622 to 625,000 a year. 2008's AED 40,000 is at the bottom of that range.

Recent 4-bed salesUnit no.Price (AED)Summary
1 May 202612,800,000
22 Jul 20258,125,000
24 Dec 202413,500,000
20 Dec 202413,000,000
1 4-bed sale 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 ground floor

All 166 units in Palazzo Versace
Value
10014-bedAED 15.5M · Jun 2023
10023-bedAED 3.5M · Aug 2019
10033-bedAED 10.4M · Oct 2026
10046-bedAED 25M · Jul 2024
10053-bedAED 15.13M · Feb 2009
10063-bedAED 13.34M · Jun 2014
10074-bedAED 15.25M · Oct 2024
1–7 of 12

2008, Palazzo Versace in numbers

  • Sold twice: first on 14 August 2012 for AED 15,000,000, last on 19 December 2023 for AED 14,000,000 (AED 2,172 per sqft).
  • Rented since May 2025 on 2 Ejari contracts, at AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2023 price is 0.3%.
  • Four-beds in Palazzo Versace sold for AED 12,800,000–12,800,000 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 30 May 2025.

Questions about 2008, Palazzo Versace

What did unit 2008 last sell for?

AED 14,000,000 on 19 December 2023: AED 2,172 per sqft for 6,444 sqft. The unit has 2 registered sales; the first was AED 15,000,000 in August 2012.

What is the rent for unit 2008?

AED 40,000 a year on the contract signed on 30 May 2025. The previous contract, from May 2025, was AED 40,000.

How big is unit 2008?

6,444 sqft (598.7 sqm): a four-bedroom apartment on the ground floor of a 8-storey tower completed in 2015.

What is unit 2008 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Palazzo Versace sold for AED 12,800,000 to 12,800,000 in the last 12 months, around AED 2,429 per sqft.

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Mortgage on 2008, Palazzo Versace

Starts from the last sale price (AED 14M, 19 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 14,000,000
Deposit, UAE resident (20%)
AED 2,800,000
Deposit, non-resident (40%)
AED 5,600,000
Monthly over 25 years at 3.7%
AED 57,278

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