Project profile
Palace Tower Project · Dubai Silicon Oasis · prices, sales and rents
Registered prices, construction progress and the record across its buildings.
Developer: Tameer Holding Investment
Data to 4 November 2026
- Registered sales
- 32
- Last 12 months
- Median ready price
- AED 889
- Per sq ft
- Construction progress
- 100%
- Completed
Dubai Land Department lists the project as completed on 25 August 2009. In the last 12 months, Dubai Land Department registered 32 sales in Palace Tower, worth AED 16.9M in total. The median price of ready homes was 889 AED/sqft.
Source: Dubai Land Department open data, published on Dubai Data under the Dubai Data Open Data Licence: registered sales and new rent contracts. Medians use at least 5 transactions.
A project, in progress.
Completed
- Start
- 20 March 2007
- DLD end date
- 25 August 2009
- Completion
- 25 August 2009
- Units
- 597
- Buildings
- 3
3 buildings in the DLD register, none with a page of its own here.
Palace Tower registered prices, over time.
Median registered price, AED per sq ft
Show the figures
| Month | Ready (registered sales) |
|---|---|
| Nov 2023 | — 4 sales |
| Dec 2023 | — 4 sales |
| Jan 2024 | 631 AED/sqft 6 sales |
| Feb 2024 | 974 AED/sqft 6 sales |
| Mar 2024 | 1,017 AED/sqft 5 sales |
| Apr 2024 | — 1 sale |
| May 2024 | 901 AED/sqft 5 sales |
| Jun 2024 | — 4 sales |
| Jul 2024 | — 3 sales |
| Aug 2024 | 959 AED/sqft 5 sales |
| Sep 2024 | — 2 sales |
| Oct 2024 | 898 AED/sqft 6 sales |
| Nov 2024 | 850 AED/sqft 5 sales |
| Dec 2024 | 735 AED/sqft 5 sales |
| Jan 2025 | — |
| Feb 2025 | — 3 sales |
| Mar 2025 | — |
| Apr 2025 | 751 AED/sqft 6 sales |
| May 2025 | 872 AED/sqft 8 sales |
| Jun 2025 | — 2 sales |
| Jul 2025 | 998 AED/sqft 5 sales |
| Aug 2025 | — 3 sales |
| Sep 2025 | 833 AED/sqft 6 sales |
| Oct 2025 | 1,163 AED/sqft 6 sales |
| Nov 2025 | — 1 sale |
| Dec 2025 | — 4 sales |
| Jan 2026 | — 3 sales |
| Feb 2026 | — 3 sales |
| Mar 2026 | — 3 sales |
| Apr 2026 | — 4 sales |
| May 2026 | — 2 sales |
| Jun 2026 | — 2 sales |
| Jul 2026 | 969 AED/sqft 5 sales |
| Aug 2026 | — 2 sales |
| Sep 2026 | — 1 sale |
| Oct 2026 | — 2 sales |
What does each home type sell and rent for in Palace Tower?
Apartment · Studio
- Ready median price
- AED 425K
- Median yearly rent
- AED 40K
- Gross yield
- 9.4%
Apartment · 1 bed
- Ready median price
- —
- Median yearly rent
- AED 55K
- Gross yield
- Rent only
Apartment · 2 beds
- Ready median price
- AED 840K
- Median yearly rent
- AED 75K
- Gross yield
- Rent only
Last 12 months. Medians of at least 5 registered sales or new rent contracts; the median price of all sales mixes ready and off-plan. Gross yield is the median new yearly rent over the ready median price, shown where a home type has at least 10 ready sales and 5 new rents (“rent only” otherwise), before service charges and other costs.
Service charges.
In the area report.
The Dubai Silicon Oasis area report ranks the area’s projects by sales, each with its own owners’ association budget per sq ft a year where it publishes one, beside the area median by budget year.
See the Dubai Silicon Oasis area reportThe latest registered sales in Palace Tower.
| Date | Unit | Size | Price | AED/sqft |
|---|---|---|---|---|
| 5 Oct 2026 | Apartment · Studio · ReadyT2 | 344 sqft | AED 395,000 | 1,148 |
| 1 Oct 2026 | Apartment · Studio · ReadyT2 | 470 sqft | AED 435,000 | 926 |
| 14 Sep 2026 | Apartment · 2 beds · ReadyT2 | 990 sqft | AED 840,000 | 848 |
| 21 Aug 2026 | Apartment · 2 beds · ReadyT2 | 990 sqft | AED 860,000 | 869 |
| 20 Aug 2026 | Apartment · Studio · ReadyT2 | 344 sqft | AED 390,000 | 1,134 |
| 22 Jul 2026 | Apartment · Studio · ReadyT2 | 459 sqft | AED 445,000 | 969 |
| 20 Jul 2026 | Apartment · Studio · ReadyT2 | 472 sqft | AED 320,000 | 678 |
| 14 Jul 2026 | Apartment · Studio · ReadyT2 | 431 sqft | AED 400,000 | 928 |
| 9 Jul 2026 | Apartment · Studio · ReadyT2 | 431 sqft | AED 460,000 | 1,067 |
| 3 Jul 2026 | Apartment · Studio · ReadyT2 | 470 sqft | AED 470,000 | 1,000 |
5 Oct 2026
ApartmentStudioReady344 sqft
T2AED 395,0001,148 AED/sqft
1 Oct 2026
ApartmentStudioReady470 sqft
T2AED 435,000926 AED/sqft
14 Sep 2026
Apartment2 bedsReady990 sqft
T2AED 840,000848 AED/sqft
21 Aug 2026
Apartment2 bedsReady990 sqft
T2AED 860,000869 AED/sqft
20 Aug 2026
ApartmentStudioReady344 sqft
T2AED 390,0001,134 AED/sqft
22 Jul 2026
ApartmentStudioReady459 sqft
T2AED 445,000969 AED/sqft
20 Jul 2026
ApartmentStudioReady472 sqft
T2AED 320,000678 AED/sqft
14 Jul 2026
ApartmentStudioReady431 sqft
T2AED 400,000928 AED/sqft
9 Jul 2026
ApartmentStudioReady431 sqft
T2AED 460,0001,067 AED/sqft
3 Jul 2026
ApartmentStudioReady470 sqft
T2AED 470,0001,000 AED/sqft
Questions about Palace Tower
What is the price per sq ft in Palace Tower?
In the 12 months to 4 November 2026, the median registered sale price of ready homes was 889 AED/sqft.
How many homes were sold in Palace Tower in the last 12 months?
In the last 12 months, Dubai Land Department registered 32 sales in Palace Tower, worth AED 16.9M in total. The median price of ready homes was 889 AED/sqft. Registered sales to 4 November 2026.
What is the rent in Palace Tower?
In the 12 months to 4 November 2026, Apartment · Studio was the most rented home type in Palace Tower, at a median of AED 40,000 a year over 110 new contracts. Against its ready median price of AED 425,000, that is a gross yield of 9.4%, before service charges and other costs.
When was Palace Tower completed?
Dubai Land Department lists the project as completed on 25 August 2009.
Where do these figures come from?
From Dubai Land Department open data, published on Dubai Data, to 4 November 2026: registered sales, new rent contracts and the project register. They are registered sales, not a valuation, and not investment advice.
To buy or rent
Looking to buy or rent in Palace Tower?
Leave your details and partner agents who work in Palace Tower can send you homes for sale or rent that match what you are looking for.