Home
Dubai prices
About
Research
Studio · 470 sqftPalace Towers Residential Block, Dubai Silicon Oasis · 15th floor · completed 2009

1502, Palace Towers Residential Block

Sold prices and rental history: sold twice, last in October 2013, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1502 · DLD and Ejari recordsUpdated 3 October 2013
Last soldAED 398K3 October 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 1502

Property timeline for 1502, Palace Towers Residential Block

What is 1502 worth today?

Last sold for AED 397,950 in 2013

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

3 Oct 2013SoldReady
AED 397,950AED 846 per sqft
21 Apr 2010Sold by developerOff-plan
AED 397,950AED 846 per sqft

Source: Dubai Land Department. Updated 3 October 2013.

Key facts

Type
Studio apartment
Size
470 sqft
Floor
15th of 22
Parking
B1-79
Developer
Tameer Holding Investment
Completed
2009
Service charge
AED 7,600 /yr
Last sold
AED 398K · October 2013
Building
Palace Towers Residential Block

About 1502, Palace Towers Residential Block

1502 is a studio of 470 sqft on the 15th 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 3 October 2013 for AED 397,950, or AED 846 per sqft, 10% above the AED 768 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1502 over time

Sales
Unit 1502, 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, April 2010: AED 397,950 (AED 846 per sqft)Sold, October 2013: AED 397,950 (AED 846 per sqft)

1502 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1502, 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 39,000

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 1502 sits

All 280 studios →

1502 last sold in October 2013 at AED 846 per sqft, 10% above what studios in Palace Towers Residential Block were fetching at the time (AED 768). 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.

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 15th floor

All 424 units in Palace Towers Residential Block
Value
15011-bedAED 595K · Apr 2026
1503StudioAED 359K · Jan 2011
1504StudioAED 275K · Jan 2023
15052-bedAED 795K · Jun 2010
1506StudioAED 425K · Mar 2026
1507StudioAED 350K · Mar 2024
15082-bedAED 470K · Jun 2021
1–7 of 23

1502, Palace Towers Residential Block in numbers

  • Sold twice: first on 21 April 2010 for AED 397,950, last on 3 October 2013 for AED 397,950 (AED 846 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 3 October 2013.

Questions about 1502, Palace Towers Residential Block

What did unit 1502 last sell for?

AED 397,950 on 3 October 2013: AED 846 per sqft for 470 sqft. The unit has 2 registered sales; the first was AED 397,950 in April 2010.

How big is unit 1502?

470 sqft (43.7 sqm): a studio on the 15th floor of a 22-storey tower completed in 2009.

What is unit 1502 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.

Selling 1502? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1502, Palace Towers Residential Block

Starts from the last sale price (AED 398K, 3 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 397,950
Deposit, UAE resident (20%)
AED 79,590
Deposit, non-resident (40%)
AED 159,180
Monthly over 25 years at 3.7%
AED 1,628

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