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Studio · 344 sqftPalace Towers Residential Block, Dubai Silicon Oasis · 13th floor · completed 2009

1306, Palace Towers Residential Block

Sold prices and rental history: sold 8 times, last in October 2025, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1306 · DLD and Ejari recordsUpdated 27 October 2026
Last soldAED 400K14 October 2025
Current rentAED 35K /yr27 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1306, Palace Towers Residential Block

What is 1306 worth today?

Last sold for AED 400,000 in 2025

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27 Oct 2026RentedNew contract
AED 35,000/yr12 months · AED 102 per sqft
14 Oct 2025SoldReady
AED 400,000AED 1,163 per sqft
23 Feb 2025RentedNew contract
AED 36,000/yr12 months · AED 105 per sqft
23 Feb 2024RentedNew contract
AED 35,000/yr12 months · AED 102 per sqft
24 May 2023SoldReady
AED 280,000AED 814 per sqft
10 Feb 2022SoldReady
AED 250,000AED 727 per sqft
22 Oct 2021RentedNew contract
AED 25,000/yr12 months · AED 73 per sqft
10 Jul 2020RentedNew contract
AED 21,000/yr12 months · AED 61 per sqft

Source: Dubai Land Department. Updated 27 October 2026.

Key facts

Type
Studio apartment
Size
344 sqft
Floor
13th of 22
Parking
B2-36
Developer
Tameer Holding Investment
Completed
2009
Service charge
AED 5,500 /yr
Last sold
AED 400K · October 2025
Building
Palace Towers Residential Block

About 1306, Palace Towers Residential Block

1306 is a studio of 344 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 14 October 2025 for AED 400,000, or AED 1,163 per sqft, 26% above the AED 920 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 27 October 2026, is AED 35,000 a year: a gross yield of 8.8% on the 2025 price, before the service charge of about AED 5,500 a year.

Sales and rents for 1306 over time

Sales
Unit 1306, each saleTypical studio in Palace Towers Residential Block
200K300K400K2009201420192024Typical sale price by year: 2009 AED 369,000; 2010 AED 362,000; 2011 AED 311,640; 2012 AED 255,000; 2013 AED 326,600; 2014 AED 425,000; 2015 AED 415,000; 2016 AED 405,000; 2017 AED 415,000; 2018 AED 312,500; 2019 AED 275,000; 2020 AED 222,500; 2021 AED 242,500; 2022 AED 250,000; 2023 AED 300,000; 2024 AED 365,000; 2025 AED 420,000; 2026 AED 426,500Sold by developer, July 2009: AED 314,000 (AED 913 per sqft)Sold, April 2010: AED 367,300 (AED 1,068 per sqft)Sold, April 2010: AED 314,000 (AED 913 per sqft)Sold, December 2013: AED 275,000 (AED 800 per sqft)Sold, May 2015: AED 380,000 (AED 1,105 per sqft)Sold, February 2022: AED 250,000 (AED 727 per sqft)Sold, May 2023: AED 280,000 (AED 814 per sqft)Sold, October 2025: AED 400,000 (AED 1,163 per sqft)

1306 has sold 8 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1306, each contractTypical studio in Palace Towers Residential Block
20K30K40K2012201620202024Typical rent by year: 2012 AED 26,500; 2013 AED 30,000; 2014 AED 35,000; 2015 AED 40,000; 2016 AED 40,000; 2017 AED 40,000; 2018 AED 35,000; 2019 AED 30,000; 2020 AED 24,000; 2021 AED 22,000; 2022 AED 25,000; 2023 AED 30,000; 2024 AED 33,536; 2025 AED 38,400; 2026 AED 39,000New contract, July 2020: AED 21,000 a yearNew contract, October 2021: AED 25,000 a yearNew contract, February 2024: AED 35,000 a yearNew contract, February 2025: AED 36,000 a yearNew contract, October 2026: AED 35,000 a year

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

Studios in Palace Towers Residential Block, and where 1306 sits

All 280 studios →

1306 last sold in October 2025 at AED 1,163 per sqft, 26% above what studios in Palace Towers Residential Block were fetching at the time (AED 920). Over the last 12 months studios sold for AED 320,000 to 470,000, around AED 962 per sqft, and rent for AED 10,714 to 66,000 a year. 1306's AED 35,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
5 Oct 2026395,000
1 Oct 2026435,000
20 Aug 2026390,000
21 Jul 2026445,000
22 studio 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
9.2%
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
13011-bedAED 575K · Oct 2025
1302StudioAED 280K · Sep 2022
1303StudioAED 407K · May 2026
1304StudioAED 335K · Jul 2010
13052-bedAED 791K · Jan 2013
1307StudioAED 350K · Mar 2024
13082-bedAED 630K · Jun 2023
1–7 of 23

1306, Palace Towers Residential Block in numbers

  • Sold 8 times: first on 27 July 2009 for AED 314,000, last on 14 October 2025 for AED 400,000 (AED 1,163 per sqft).
  • Rented since July 2020 on 5 Ejari contracts, from AED 21,000 to AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2025 price is 8.8%, before a service charge of about AED 5,500 a year (AED 16.09 per sqft).
  • Studios in Palace Towers Residential Block sold for AED 320,000–470,000 in the 12 months to November 2026; the building's median across all types is AED 906 per sqft.

Source: Dubai Land Department. Updated 27 October 2026.

Questions about 1306, Palace Towers Residential Block

What did unit 1306 last sell for?

AED 400,000 on 14 October 2025: AED 1,163 per sqft for 344 sqft. The unit has 8 registered sales; the first was AED 314,000 in July 2009.

What is the rent for unit 1306?

AED 35,000 a year on the contract signed on 27 October 2026. The previous contract, from February 2025, was AED 36,000; the unit has been rented since July 2020.

How big is unit 1306?

344 sqft (32.0 sqm): a studio on the 13th floor of a 22-storey tower completed in 2009.

What is unit 1306 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Palace Towers Residential Block sold for AED 320,000 to 470,000 in the last 12 months, around AED 962 per sqft.

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Mortgage on 1306, Palace Towers Residential Block

Starts from the last sale price (AED 400K, 14 October 2025). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

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