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Studio · 344 sqftPalace Towers Residential Block, Dubai Silicon Oasis · 18th floor · completed 2009

1806, Palace Towers Residential Block

Sold prices and rental history: sold twice, last in August 2010, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1806 · DLD and Ejari recordsUpdated 25 February 2026
Last soldAED 347K2 August 2010
Current rentAED 37K /yr25 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1806, Palace Towers Residential Block

What is 1806 worth today?

Last sold for AED 346,756 in 2010

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25 Feb 2026RentedRenewal
AED 37,000/yr12 months · AED 108 per sqft
25 Feb 2025RentedNew contract
AED 37,000/yr12 months · AED 108 per sqft
25 Nov 2023RentedRenewal
AED 27,720/yr12 months · AED 81 per sqft
25 Nov 2022RentedRenewal
AED 25,200/yr12 months · AED 73 per sqft
25 Nov 2021RentedNew contract
AED 21,000/yr12 months · AED 61 per sqft
20 Feb 2021RentedRenewal
AED 26,000/yr12 months · AED 76 per sqft
20 Feb 2020RentedRenewal
AED 32,000/yr12 months · AED 93 per sqft
20 Feb 2019RentedNew contract
AED 36,000/yr12 months · AED 105 per sqft

Source: Dubai Land Department. Updated 25 February 2026.

Key facts

Type
Studio apartment
Size
344 sqft
Floor
18th of 22
Parking
B1-65
Developer
Tameer Holding Investment
Completed
2009
Service charge
AED 5,500 /yr
Last sold
AED 347K · August 2010
Building
Palace Towers Residential Block

About 1806, Palace Towers Residential Block

1806 is a studio of 344 sqft on the 18th 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 2 August 2010 for AED 346,756, or AED 1,008 per sqft, 20% above the AED 838 studios in the building were fetching at the time.

It has been rented continuously since 2012 on 15 Ejari contracts. The current contract, renewed on 25 February 2026, is AED 37,000 a year: a gross yield of 10.7% on the 2010 price, before the service charge of about AED 5,500 a year.

Sales and rents for 1806 over time

Sales
Unit 1806, 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 346,756 (AED 1,008 per sqft)Sold, August 2010: AED 346,756 (AED 1,008 per sqft)

1806 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1806, 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, February 2012: AED 24,000 a yearRenewal, February 2013: AED 24,000 a yearRenewal, February 2014: AED 25,200 a yearRenewal, February 2015: AED 28,980 a yearRenewal, February 2016: AED 31,878 a yearRenewal, February 2017: AED 33,472 a yearRenewal, February 2018: AED 35,145 a yearNew contract, February 2019: AED 36,000 a yearRenewal, February 2020: AED 32,000 a yearRenewal, February 2021: AED 26,000 a yearNew contract, November 2021: AED 21,000 a yearRenewal, November 2022: AED 25,200 a yearRenewal, November 2023: AED 27,720 a yearNew contract, February 2025: AED 37,000 a yearRenewal, February 2026: AED 37,000 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 1806 sits

All 280 studios →

1806 last sold in August 2010 at AED 1,008 per sqft, 20% above what studios in Palace Towers Residential Block were fetching at the time (AED 838). 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. 1806's AED 37,000 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 18th floor

All 424 units in Palace Towers Residential Block
Value
18011-bedAED 652K · Aug 2010
1802StudioAED 384K · Aug 2010
1803StudioAED 364K · Aug 2010
1804StudioAED 344K · Aug 2010
18052-bedAED 794K · Aug 2010
1807StudioAED 347K · Aug 2010
18082-bedAED 815K · Aug 2010
1–7 of 23

1806, Palace Towers Residential Block in numbers

  • Sold twice: first on 27 July 2009 for AED 346,756, last on 2 August 2010 for AED 346,756 (AED 1,008 per sqft).
  • Rented since February 2012 on 15 Ejari contracts. The rent fell from AED 24,000 to AED 21,000 in 2021 and recovered to AED 37,000 by February 2026.
  • At AED 37,000 a year the gross yield on the 2010 price is 10.7%, 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 25 February 2026.

Questions about 1806, Palace Towers Residential Block

What did unit 1806 last sell for?

AED 346,756 on 2 August 2010: AED 1,008 per sqft for 344 sqft. The unit has 2 registered sales; the first was AED 346,756 in July 2009.

What is the rent for unit 1806?

AED 37,000 a year on the contract renewed on 25 February 2026. The previous contract, from February 2025, was AED 37,000; the unit has been rented since February 2012.

How big is unit 1806?

344 sqft (32.0 sqm): a studio on the 18th floor of a 22-storey tower completed in 2009.

What is unit 1806 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 1806, Palace Towers Residential Block

Starts from the last sale price (AED 347K, 2 August 2010). Switch to today's estimate once you have unlocked it.
Price
AED 346,756
Deposit, UAE resident (20%)
AED 69,351
Deposit, non-resident (40%)
AED 138,702
Monthly over 25 years at 3.7%
AED 1,419

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