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1-bed · 826 sqftPalace Towers Residential Block, Dubai Silicon Oasis · 13th floor · completed 2009

1301, Palace Towers Residential Block

Sold prices and rental history: sold 4 times, last in October 2025, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1301 · DLD and Ejari recordsUpdated 1 May 2026
Last soldAED 575K29 October 2025
Current rentAED 55K /yr1 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1301, Palace Towers Residential Block

What is 1301 worth today?

Last sold for AED 575,000 in 2025

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1 May 2026RentedNew contract
AED 55,000/yr12 months · AED 66 per sqft
1 Dec 2025RentedNew contract
AED 60,000/yr12 months · AED 73 per sqft
29 Oct 2025SoldReady
AED 575,000AED 696 per sqft
26 Jun 2024SoldReady
AED 710,010AED 859 per sqft
15 Aug 2023RentedRenewal
AED 32,000/yr12 months · AED 39 per sqft
15 Aug 2022RentedRenewal
AED 30,000/yr12 months · AED 36 per sqft
15 Aug 2021RentedNew contract
AED 28,000/yr12 months · AED 34 per sqft
1 May 2020RentedNew contract
AED 38,000/yr12 months · AED 46 per sqft

Source: Dubai Land Department. Updated 1 May 2026.

Key facts

Type
1-bed apartment
Size
826 sqft
Floor
13th of 22
Parking
B1-45
Developer
Tameer Holding Investment
Completed
2009
Service charge
AED 13,300 /yr
Last sold
AED 575K · October 2025
Building
Palace Towers Residential Block

About 1301, Palace Towers Residential Block

1301 is a one-bedroom apartment of 826 sqft on the 13th 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 29 October 2025 for AED 575,000, or AED 696 per sqft, 7% below the AED 750 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 1 May 2026, is AED 55,000 a year: a gross yield of 9.6% on the 2025 price, before the service charge of about AED 13,300 a year.

Sales and rents for 1301 over time

Sales
Unit 1301, each saleTypical one-bed in Palace Towers Residential Block
400K600K2009201420192024Typical sale price by year: 2009 AED 687,000; 2010 AED 657,574; 2011 AED 645,145; 2012 AED 491,547; 2013 AED 555,800; 2014 AED 680,500; 2015 AED 673,250; 2017 AED 560,000; 2020 AED 365,000; 2021 AED 367,500; 2022 AED 420,000; 2023 AED 420,000; 2024 AED 500,000; 2025 AED 600,750; 2026 AED 595,000Sold by developer, July 2009: AED 710,010 (AED 859 per sqft)Sold, June 2011: AED 710,010 (AED 859 per sqft)Sold, June 2024: AED 710,010 (AED 859 per sqft)Sold, October 2025: AED 575,000 (AED 696 per sqft)

1301 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1301, each contractTypical one-bed in Palace Towers Residential Block
40K60K2012201620202024Typical rent by year: 2012 AED 40,000; 2013 AED 50,000; 2014 AED 49,500; 2015 AED 60,000; 2016 AED 63,500; 2017 AED 56,000; 2018 AED 49,500; 2019 AED 40,500; 2020 AED 35,500; 2021 AED 30,541; 2022 AED 34,750; 2023 AED 40,000; 2024 AED 50,000; 2025 AED 52,000; 2026 AED 53,000New contract, May 2017: AED 55,000 a yearRenewal, May 2018: AED 55,000 a yearNew contract, May 2020: AED 38,000 a yearNew contract, August 2021: AED 28,000 a yearRenewal, August 2022: AED 30,000 a yearRenewal, August 2023: AED 32,000 a yearNew contract, December 2025: AED 60,000 a yearNew contract, May 2026: AED 55,000 a year

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 1301 sits

All 72 1-beds →

1301 last sold in October 2025 at AED 696 per sqft, 7% below what one-beds in Palace Towers Residential Block were fetching at the time (AED 750). 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. 1301's AED 55,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
26 Jun 2026555,000
7 Apr 2026595,000
19 Feb 2026610,000
3 Oct 2025625,000
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 13th floor

All 424 units in Palace Towers Residential Block
Value
1302StudioAED 280K · Sep 2022
1303StudioAED 407K · May 2026
1304StudioAED 335K · Jul 2010
13052-bedAED 791K · Jan 2013
1306StudioAED 400K · Oct 2025
1307StudioAED 350K · Mar 2024
13082-bedAED 630K · Jun 2023
1–7 of 23

1301, Palace Towers Residential Block in numbers

  • Sold 4 times: first on 27 July 2009 for AED 710,010, last on 29 October 2025 for AED 575,000 (AED 696 per sqft).
  • Rented since May 2017 on 8 Ejari contracts. The rent fell from AED 55,000 to AED 28,000 in 2021 and recovered to AED 55,000 by May 2026.
  • At AED 55,000 a year the gross yield on the 2025 price is 9.6%, before a service charge of about AED 13,300 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 1 May 2026.

Questions about 1301, Palace Towers Residential Block

What did unit 1301 last sell for?

AED 575,000 on 29 October 2025: AED 696 per sqft for 826 sqft. The unit has 4 registered sales; the first was AED 710,010 in July 2009.

What is the rent for unit 1301?

AED 55,000 a year on the contract signed on 1 May 2026. The previous contract, from December 2025, was AED 60,000; the unit has been rented since May 2017.

How big is unit 1301?

826 sqft (76.7 sqm): a one-bedroom apartment on the 13th floor of a 22-storey tower completed in 2009.

What is unit 1301 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 1301, Palace Towers Residential Block

Starts from the last sale price (AED 575K, 29 October 2025). Switch to today's estimate once you have unlocked it.
Price
AED 575,000
Deposit, UAE resident (20%)
AED 115,000
Deposit, non-resident (40%)
AED 230,000
Monthly over 25 years at 3.7%
AED 2,353

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