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1-bed · 794 sqftPalace Towers Residential Block, Dubai Silicon Oasis · 18th floor · completed 2009

1815, Palace Towers Residential Block

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

Unit 1815 · DLD and Ejari recordsUpdated 1 January 2026
Last soldAED 656K7 December 2010
Current rentAED 50K /yr1 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1815, Palace Towers Residential Block

What is 1815 worth today?

Last sold for AED 655,880 in 2010

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1 Jan 2026RentedNew contract
AED 50,000/yr12 months · AED 63 per sqft
20 Oct 2024RentedNew contract
AED 50,000/yr12 months · AED 63 per sqft
20 Oct 2023RentedNew contract
AED 45,000/yr12 months · AED 56 per sqft
10 Aug 2022RentedNew contract
AED 37,000/yr12 months · AED 46 per sqft
10 Jan 2021RentedNew contract
AED 28,000/yr12 months · AED 35 per sqft
20 Dec 2019RentedNew contract
AED 38,000/yr12 months · AED 48 per sqft
20 Sep 2018RentedNew contract
AED 46,000/yr12 months · AED 58 per sqft
28 Apr 2016RentedNew contract
AED 60,000/yr12 months · AED 75 per sqft

Source: Dubai Land Department. Updated 1 January 2026.

Key facts

Type
1-bed apartment
Size
794 sqft
Floor
18th of 22
Parking
L2-83
Developer
Tameer Holding Investment
Completed
2009
Service charge
AED 12,800 /yr
Last sold
AED 656K · December 2010
Building
Palace Towers Residential Block

About 1815, Palace Towers Residential Block

1815 is a one-bedroom apartment of 794 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 7 December 2010 for AED 655,880, or AED 826 per sqft, in line with the AED 848 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, signed on 1 January 2026, is AED 50,000 a year: a gross yield of 7.6% on the 2010 price, before the service charge of about AED 12,800 a year.

Sales and rents for 1815 over time

Sales
Unit 1815, 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 655,880 (AED 826 per sqft)Sold, December 2010: AED 655,880 (AED 826 per sqft)

1815 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1815, 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, October 2012: AED 40,000 a yearNew contract, April 2016: AED 60,000 a yearNew contract, September 2018: AED 46,000 a yearNew contract, December 2019: AED 38,000 a yearNew contract, January 2021: AED 28,000 a yearNew contract, August 2022: AED 37,000 a yearNew contract, October 2023: AED 45,000 a yearNew contract, October 2024: AED 50,000 a yearNew contract, January 2026: AED 50,000 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 1815 sits

All 72 1-beds →

1815 last sold in December 2010 at AED 826 per sqft, in line with what one-beds in Palace Towers Residential Block were fetching at the time (AED 848). 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. 1815's AED 50,000 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
29 Oct 2025575,000
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
9.2%
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
1806StudioAED 347K · Aug 2010
1807StudioAED 347K · Aug 2010
1–7 of 23

1815, Palace Towers Residential Block in numbers

  • Sold twice: first on 27 July 2009 for AED 655,880, last on 7 December 2010 for AED 655,880 (AED 826 per sqft).
  • Rented since October 2012 on 9 Ejari contracts. The rent fell from AED 40,000 to AED 28,000 in 2021 and recovered to AED 50,000 by January 2026.
  • At AED 50,000 a year the gross yield on the 2010 price is 7.6%, before a service charge of about AED 12,800 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 January 2026.

Questions about 1815, Palace Towers Residential Block

What did unit 1815 last sell for?

AED 655,880 on 7 December 2010: AED 826 per sqft for 794 sqft. The unit has 2 registered sales; the first was AED 655,880 in July 2009.

What is the rent for unit 1815?

AED 50,000 a year on the contract signed on 1 January 2026. The previous contract, from October 2024, was AED 50,000; the unit has been rented since October 2012.

How big is unit 1815?

794 sqft (73.8 sqm): a one-bedroom apartment on the 18th floor of a 22-storey tower completed in 2009.

What is unit 1815 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 1815, Palace Towers Residential Block

Starts from the last sale price (AED 656K, 7 December 2010). Switch to today's estimate once you have unlocked it.
Price
AED 655,880
Deposit, UAE resident (20%)
AED 131,176
Deposit, non-resident (40%)
AED 262,352
Monthly over 25 years at 3.7%
AED 2,683

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