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2-bed · 990 sqftPalace Towers Residential Block, Dubai Silicon Oasis · 17th floor · completed 2009

1720, Palace Towers Residential Block

Sold prices and rental history: sold 6 times, last in August 2025, and rented once, from September 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1720 · DLD and Ejari recordsUpdated 20 September 2025
Last soldAED 790K20 August 2025
Current rentAED 75K /yr20 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1720, Palace Towers Residential Block

What is 1720 worth today?

Last sold for AED 790,000 in 2025

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20 Sep 2025RentedNew contract
AED 75,000/yr12 months · AED 76 per sqft
20 Aug 2025SoldReady
AED 790,000AED 798 per sqft
23 Jul 2024SoldReady
AED 670,000AED 676 per sqft
8 Jul 2012SoldReady
AED 797,190AED 805 per sqft
8 Jul 2012SoldReady
AED 797,190AED 805 per sqft
8 Jul 2012SoldReady · flagged as an outlier
AED 250,000AED 252 per sqft
17 Jul 2009Sold by developerOff-plan
AED 797,190AED 805 per sqft

Source: Dubai Land Department. Updated 20 September 2025.

Key facts

Type
2-bed apartment
Size
990 sqft
Floor
17th of 22
Parking
B2-52, 53
Developer
Tameer Holding Investment
Completed
2009
Service charge
AED 15,900 /yr
Last sold
AED 790K · August 2025
Building
Palace Towers Residential Block

About 1720, Palace Towers Residential Block

1720 is a two-bedroom apartment of 990 sqft on the 17th 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 20 August 2025 for AED 790,000, or AED 798 per sqft, in line with the AED 813 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 20 September 2025. The current contract, signed on 20 September 2025, is AED 75,000 a year: a gross yield of 9.5% on the 2025 price, before the service charge of about AED 15,900 a year.

Sales and rents for 1720 over time

Sales
Unit 1720, each saleTypical two-bed in Palace Towers Residential Block
400K600K800K2009201420192024Typical sale price by year: 2009 AED 838,950; 2010 AED 815,000; 2011 AED 805,000; 2012 AED 500,000; 2013 AED 720,000; 2014 AED 850,000; 2015 AED 855,000; 2018 AED 650,000; 2019 AED 580,000; 2021 AED 454,000; 2022 AED 485,000; 2023 AED 570,000; 2024 AED 670,000; 2025 AED 820,000; 2026 AED 850,000Sold by developer, July 2009: AED 797,190 (AED 805 per sqft)Sold, July 2012: AED 797,190 (AED 805 per sqft)Sold, July 2012: AED 797,190 (AED 805 per sqft)Sold, July 2024: AED 670,000 (AED 676 per sqft)Sold, August 2025: AED 790,000 (AED 798 per sqft)

1720 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1720, each contractTypical two-bed in Palace Towers Residential Block
40K60K80K2012201620202024Typical rent by year: 2012 AED 55,000; 2013 AED 58,524; 2014 AED 73,500; 2015 AED 81,000; 2016 AED 79,558; 2017 AED 70,000; 2018 AED 65,000; 2019 AED 55,000; 2020 AED 50,000; 2021 AED 42,000; 2022 AED 49,450; 2023 AED 55,000; 2024 AED 63,000; 2025 AED 65,464; 2026 AED 70,000New contract, September 2025: AED 75,000 a year

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

2-beds in Palace Towers Residential Block, and where 1720 sits

All 72 2-beds →

1720 last sold in August 2025 at AED 798 per sqft, in line with what two-beds in Palace Towers Residential Block were fetching at the time (AED 813). Over the last 12 months two-beds sold for AED 825,000 to 880,000, around AED 848 per sqft, and rent for AED 35,000 to 85,000 a year. 1720's AED 75,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
11 Sep 2026840,000
21 Aug 2026860,000
5 May 2026880,000
6 Apr 2026840,000
7 2-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 17th floor

All 424 units in Palace Towers Residential Block
Value
17011-bedAED 470K · May 2013
1702StudioAED 420K · May 2012
1703StudioAED 265K · Mar 2012
1704StudioAED 455K · Dec 2015
17052-bedAED 830K · Mar 2016
1706StudioAED 345K · Oct 2024
1707StudioAED 270K · Jul 2022
1–7 of 23

1720, Palace Towers Residential Block in numbers

  • Sold 6 times: first on 17 July 2009 for AED 797,190, last on 20 August 2025 for AED 790,000 (AED 798 per sqft).
  • Rented since September 2025 on one Ejari contract, at AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2025 price is 9.5%, before a service charge of about AED 15,900 a year (AED 16.09 per sqft).
  • Two-beds in Palace Towers Residential Block sold for AED 825,000–880,000 in the 12 months to November 2026; the building's median across all types is AED 906 per sqft.

Source: Dubai Land Department. Updated 20 September 2025.

Questions about 1720, Palace Towers Residential Block

What did unit 1720 last sell for?

AED 790,000 on 20 August 2025: AED 798 per sqft for 990 sqft. The unit has 6 registered sales; the first was AED 797,190 in July 2009.

What is the rent for unit 1720?

AED 75,000 a year on the contract signed on 20 September 2025.

How big is unit 1720?

990 sqft (92.0 sqm): a two-bedroom apartment on the 17th floor of a 22-storey tower completed in 2009.

What is unit 1720 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Palace Towers Residential Block sold for AED 825,000 to 880,000 in the last 12 months, around AED 848 per sqft.

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Mortgage on 1720, Palace Towers Residential Block

Starts from the last sale price (AED 790K, 20 August 2025). Switch to today's estimate once you have unlocked it.
Price
AED 790,000
Deposit, UAE resident (20%)
AED 158,000
Deposit, non-resident (40%)
AED 316,000
Monthly over 25 years at 3.7%
AED 3,232

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