1-bed · 794 sqftPalace Towers Residential Block, Dubai Silicon Oasis · 12th floor · completed 2009

1215, Palace Towers Residential Block

Sold prices and rental history: sold 3 times, last in May 2025, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 1215 · DLD and Ejari recordsUpdated 14 March 2026

Last soldAED 610K14 May 2025

Current rentAED 60K /yr14 March 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1215, Palace Towers Residential Block

Today

What is 1215 worth today?

Last sold for AED 610,000 in 2025

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14 Mar 2026

14 Mar 2026RentedRenewal

AED 60,000/yr12 months · AED 76 per sqft

14 Sep 2025

14 Sep 2025RentedNew contract

AED 60,000/yr6 months · AED 76 per sqft

14 May 2025

14 May 2025SoldReady

AED 610,000AED 768 per sqft

10 Dec 2013

10 Dec 2013SoldReady

AED 620,000AED 781 per sqft

24 Jul 2013

24 Jul 2013Sold by developerReady

AED 555,800AED 700 per sqft

Source: Dubai Land Department. Updated 14 March 2026.

Key facts

Type: 1-bed apartment
Size: 794 sqft
Floor: 12th of 22
Parking: L3-24
Developer: Tameer Holding Investment
Completed: 2009
Service charge: AED 12,800 /yr
Last sold: AED 610K · May 2025
Building: Palace Towers Residential Block

About 1215, Palace Towers Residential Block

1215 is a one-bedroom apartment of 794 sqft on the 12th floor of Palace Towers Residential Block, a 22-storey tower in Dubai Silicon Oasis completed in 2009 by Tameer Holding Investment. It last sold on 14 May 2025 for AED 610,000, or AED 768 per sqft, in line with the AED 757 one-beds in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, renewed on 14 March 2026, is AED 60,000 a year: a gross yield of 9.8% on the 2025 price, before the service charge of about AED 12,800 a year.

Sales and rents for 1215 over time

Sales

Unit 1215, each saleTypical one-bed in Palace Towers Residential Block

1215 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents

Unit 1215, each contractTypical one-bed in Palace Towers Residential Block

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

1-beds in Palace Towers Residential Block, and where 1215 sits

All 72 1-beds →

1-beds in Palace Towers Residential Block · last 12 months720 /sqft Palace Towers Residential Block · all types906 /sqft

1215 last sold in May 2025 at AED 768 per sqft, in line with what one-beds in Palace Towers Residential Block were fetching at the time (AED 757). Over the last 12 months one-beds sold for AED 555,000 to 610,000, around AED 720 per sqft, and rent for AED 34,500 to 90,000 a year. 1215's AED 60,000 is in the lower half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
26 Jun 202626 June 2026	826 sqft	555,000	671
7 Apr 20267 April 2026	826 sqft	595,000	720
19 Feb 202619 February 2026	775 sqft	610,000	787
29 Oct 202529 October 2025	826 sqft	575,000	696

3 1-bed sales in the last 12 months

Palace Towers Residential Block

Building

424 apartments, studios to 2-bed over 22 floors in Dubai Silicon Oasis, completed in 2009 by Tameer Holding Investment. 32 sold in the last 12 months.

Typical price per sqft: AED 906 Up 5.1%
Typical sale: AED 443K
Typical rent: AED 42K /yr
Typical yield: 9.3%

Palace Towers Residential Block, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 12th floor

All 424 units in Palace Towers Residential Block


1201	1-bed	826 sqft	AED 559KAED 559,312 · Sep 2024September 2024	51,000 /yr
1202	Studio	470 sqft	AED 430KAED 430,000 · Jun 2024June 2024	39,000 /yr
1203	Studio	459 sqft	AED 390KAED 390,000 · Nov 2024November 2024	58,800 /yr
1204	Studio	431 sqft	AED 333KAED 333,000 · Jul 2010July 2010	40,000 /yr
1205	2-bed	990 sqft	AED 940KAED 940,000 · Nov 2014November 2014	62,370 /yr
1206	Studio	344 sqft	AED 312KAED 312,000 · Feb 2011February 2011	35,000 /yr
1207	Studio	344 sqft	AED 425KAED 425,000 · May 2014May 2014	33,000 /yr
1208	2-bed	990 sqft	AED 455KAED 455,000 · Oct 2022October 2022	70,000 /yr
1209	Studio	431 sqft	AED 362KAED 362,000 · Jun 2010June 2010	23,000 /yr
1210	1-bed	794 sqft	AED 410KAED 410,000 · Oct 2022October 2022	50,000 /yr
1211	Studio	482 sqft	AED 280KAED 280,000 · Nov 2019November 2019	42,000 /yr
1212	Studio	510 sqft	AED 200KAED 200,000 · Jan 2011January 2011	42,000 /yr
1213	Studio	510 sqft	AED 200KAED 200,000 · Oct 2010October 2010	40,000 /yr
1214	Studio	482 sqft	AED 250KAED 250,000 · Oct 2010October 2010
1216	Studio	431 sqft	AED 362KAED 362,000 · Jun 2010June 2010	34,000 /yr
1217	2-bed	990 sqft	AED 510KAED 510,000 · Nov 2022November 2022	80,000 /yr
1218	Studio	344 sqft	AED 415KAED 415,000 · May 2025May 2025	40,108 /yr
1219	Studio	344 sqft	AED 222KAED 221,666 · Jul 2012July 2012	42,000 /yr
1220	2-bed	990 sqft	AED 625KAED 625,000 · Apr 2019April 2019	78,000 /yr
1221	Studio	431 sqft	AED 450KAED 450,000 · Apr 2026April 2026	42,000 /yr
1222	Studio	459 sqft	AED 350KAED 350,395 · Dec 2010December 2010	42,000 /yr
1223	Studio	470 sqft	AED 316KAED 316,000 · Apr 2013April 2013	30,360 /yr
1224	1-bed	826 sqft	AED 365KAED 365,000 · Jun 2020June 2020	40,000 /yr

1–7 of 23

1215, Palace Towers Residential Block in numbers

Sold 3 times: first on 24 July 2013 for AED 555,800, last on 14 May 2025 for AED 610,000 (AED 768 per sqft).
Rented since September 2025 on 2 Ejari contracts, at AED 60,000 a year.
At AED 60,000 a year the gross yield on the 2025 price is 9.8%, before a service charge of about AED 12,800 a year (AED 16.09 per sqft).
One-beds in Palace Towers Residential Block sold for AED 555,000–610,000 in the 12 months to November 2026; the building's median across all types is AED 906 per sqft.

Source: Dubai Land Department. Updated 14 March 2026.

Questions about 1215, Palace Towers Residential Block

What did unit 1215 last sell for?

AED 610,000 on 14 May 2025: AED 768 per sqft for 794 sqft. The unit has 3 registered sales; the first was AED 555,800 in July 2013.

What is the rent for unit 1215?

AED 60,000 a year on the contract renewed on 14 March 2026. The previous contract, from September 2025, was AED 60,000.

How big is unit 1215?

794 sqft (73.8 sqm): a one-bedroom apartment on the 12th floor of a 22-storey tower completed in 2009.

What is unit 1215 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Palace Towers Residential Block sold for AED 555,000 to 610,000 in the last 12 months, around AED 720 per sqft.

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Mortgage on 1215, Palace Towers Residential Block

Starts from the last sale price (AED 610K, 14 May 2025). Switch to today's estimate once you have unlocked it.

Price: AED 610,000
Deposit, UAE resident (20%): AED 122,000
Deposit, non-resident (40%): AED 244,000
Monthly over 25 years at 3.7%: AED 2,496

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