Dubai Silicon Oasis · Ready · 66% of recent sales are studios

Palace TowerWhat it sells and rents for

Studios resell for about AED 427k and rent for AED 38k a year.

At a glance

Updated with deals to 3 Nov 2026
Sells forAED 427kfor a typical studio

From 22 resales in the last 12 months.

Rents forAED 38ka year, new studio lease

From 43 new leases in the last 3 months. Renewing tenants pay about AED 34k.

Earns8.9%a year, as a share of the price
Palace Tower
Dubai Silicon Oasis

About the same as studios across Dubai Silicon Oasis.

What brings you here?

Apartment type

Prices and rents at Palace Tower

What should you pay for a studio?

AED 427k

That's the typical price. 10 of the 22 studios resold here in the last year went for AED 396k to AED 444k. Got an asking price? Enter it below to see how it compares.

Each dot is a real sale here in the last 12 months.

What should you offer first?

AED 396k

6 of the 22 studios resold here in the last year went for this or less. Start here and leave room to move.

  • Across Dubai Silicon Oasis255 recent resalesUp 7%

What will it really cost you?

Based on the typical studio here at AED 427k, and renting a studio here for AED 38k a year.

The mortgage is AED 1,270 a month less than renting.

Before service charges and any change in price.

Owning: mortgage each monthAED 1,897
Renting a studio hereAED 3,167

Cash you need

AED 118k

  • Down paymentAED 85,300
  • DLD transfer feeAED 17,640
  • Agency feeAED 8,957
  • Trustee, mortgage and valuationAED 6,243

Over 5 years, buying costs about AED 105k in fees and interest. Renting costs about AED 190k.

Fees: DLD transfer fee 4% plus AED 580; trustee fee AED 2,000 plus VAT; mortgage registration 0.25% of the loan plus AED 290; agency fee 2% plus VAT; bank valuation about AED 3,000. Up to 80% loan for a first home up to AED 5M. Your bank sets your rate.

What would it earn as a rental?

8.9%

A year's rent, about AED 38k, as a share of the price, before service charges. Studios across Dubai Silicon Oasis earn 8.8%.

AED 427kprice→AED 38kyearly rent=8.9%return

Will it be easy to sell later?

2 a month

That's how often a studio resells here.

Are prices rising or falling?

No clear move

Only 5 resales in the building in the last 3 months, too few to call a direction.

Sep 2024Oct 2026

Do bigger studios cost more?

Each dot is a studio sale here. The line is the going rate: every extra sq ft adds about AED 112. Dots well above the line sold for more than their size explains, so ask what made them worth it.

AED 300kAED 350kAED 400kAED 450k350375400425450475500525Size, sq ft →

Where is Palace Tower?

6% below

the typical resale price per sq ft in Dubai Silicon Oasis, over the last 12 months.

Palace Tower against Dubai Silicon Oasis

  • Palace TowerResale, 32 sales in 12 monthsAED 907 per sq ft
  • Dubai Silicon OasisResale, 1,029 sales in 12 monthsAED 960 per sq ft

A studio in Dubai Silicon Oasis

  • A typical studio resells forAED 480k
  • New studio leases sign forAED 42k a year
  • Rent as a share of the price8.8%

How busy it is

  • Sales in the last 12 months1,831
  • Off-plan share of sales44%

Still selling off-plan nearby

Typical off-plan price per sq ft and sales, last 3 months

See all of Dubai Silicon Oasis

More in Dubai Silicon Oasis

Questions people ask

Quick answers, from the same deals as the rest of this page.

How much is a studio in Palace Tower?

About AED 427k on resale; 10 of 22 sold for AED 396k to AED 444k.

How much is rent for a studio in Palace Tower?

About AED 38k a year on a new lease and AED 34k on a renewal.

What is the rental yield at Palace Tower?

About 8.9% gross on a studio, before service charges.

About our data

Where our numbers come from

Every number on this page comes from a real deal registered with the Dubai Land Department. Here's how we turn them into prices you can use.

Sales
Every sale of an apartment in Palace Tower registered with the Dubai Land Department since January 2024, up to 3 Nov 2026. Sales up to 2 Nov 2026 come from Dubai Real Estate Data, based on DLD open data (CC BY 4.0). Newer sales come straight from the DLD open-data portal.
Leases
Every Ejari lease registered with the Dubai Land Department since January 2026, up to 2 Nov 2026. Leases don't list bedrooms, so we work them out from the size. Lease length comes from the start and end dates.
What we count
Apartments and hotel apartments. Villas and townhouses aren't included yet.
Typical price
The middle deal: half sold for more, half for less. One penthouse can't skew it the way it skews an average.
Typical range
The range we show: from the 25th to the 75th percentile. Fair means inside it. High and low mean outside it.
Time frames
Prices look at the last 12 months of resales. Rents look at new leases since 3 Aug 2026. Price changes compare the last 3 months with the same 3 months a year earlier. Rent changes compare new leases now with those signed from January to March 2026.
Return
A year of typical rent as a share of the typical price, also called gross yield. It comes before service charges, fees and empty months.
Your apartment's value
We start from the typical price at the typical size, then add or take off the going price per sq ft for the difference in size.
When we hold back
We give a price or rent only with at least 10 resales in the last 12 months or 10 new leases in the last 3 months behind it. A project gets its own page with at least 30 sales in 12 months or 30 new leases in 3 months, or with at least 20 sales since January 2024 and 5 of them in the last 12 months. We say prices or rents rose or fell only when the change is over 3% and each period has at least 30 deals. Otherwise we say so and show nearby buildings instead.
What the records leave out
Floor, view, furnishing and condition.

We update with every data release. This page was last updated on 3 Nov 2026.

Free · From deals registered with the DLD

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