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2-bed · 990 sqftPalace Towers Residential Block, Dubai Silicon Oasis · 18th floor · completed 2009

1820, Palace Towers Residential Block

Sold prices and rental history: sold 4 times, last in September 2016, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1820 · DLD and Ejari recordsUpdated 5 September 2026
Last soldAED 775K25 September 2016
Current rentAED 64K /yr5 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1820, Palace Towers Residential Block

What is 1820 worth today?

Last sold for AED 775,000 in 2016

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5 Sep 2026RentedRenewal
AED 63,525/yr12 months · AED 64 per sqft
5 Sep 2025RentedRenewal
AED 57,750/yr12 months · AED 58 per sqft
5 Sep 2024RentedRenewal
AED 55,200/yr12 months · AED 56 per sqft
5 Sep 2023RentedRenewal
AED 50,200/yr12 months · AED 51 per sqft
5 Sep 2022RentedRenewal
AED 42,000/yr12 months · AED 42 per sqft
5 Sep 2021RentedNew contract
AED 35,000/yr12 months · AED 35 per sqft
1 Apr 2020RentedRenewal
AED 55,000/yr12 months · AED 56 per sqft
1 Apr 2019RentedNew contract
AED 55,000/yr12 months · AED 56 per sqft

Source: Dubai Land Department. Updated 5 September 2026.

Key facts

Type
2-bed apartment
Size
990 sqft
Floor
18th of 22
Parking
L1-11, 12
Developer
Tameer Holding Investment
Completed
2009
Service charge
AED 15,900 /yr
Last sold
AED 775K · September 2016
Building
Palace Towers Residential Block

About 1820, Palace Towers Residential Block

1820 is a two-bedroom apartment of 990 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 25 September 2016 for AED 775,000, or AED 782 per sqft, 7% below the AED 845 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 10 Ejari contracts. The current contract, renewed on 5 September 2026, is AED 63,525 a year: a gross yield of 8.2% on the 2016 price, before the service charge of about AED 15,900 a year.

Sales and rents for 1820 over time

Sales
Unit 1820, 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 815,459 (AED 823 per sqft)Sold, December 2010: AED 815,459 (AED 823 per sqft)Sold, August 2011: AED 550,000 (AED 555 per sqft)Sold, September 2016: AED 775,000 (AED 782 per sqft)

1820 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1820, each contractTypical two-bed in Palace Towers Residential Block
50K75K2012201620202024Typical 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, February 2017: AED 65,000 a yearRenewal, February 2018: AED 65,000 a yearNew contract, April 2019: AED 55,000 a yearRenewal, April 2020: AED 55,000 a yearNew contract, September 2021: AED 35,000 a yearRenewal, September 2022: AED 42,000 a yearRenewal, September 2023: AED 50,200 a yearRenewal, September 2024: AED 55,200 a yearRenewal, September 2025: AED 57,750 a yearRenewal, September 2026: AED 63,525 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 1820 sits

All 72 2-beds →

1820 last sold in September 2016 at AED 782 per sqft, 7% below what two-beds in Palace Towers Residential Block were fetching at the time (AED 845). 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. 1820's AED 63,525 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 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

1820, Palace Towers Residential Block in numbers

  • Sold 4 times: first on 27 July 2009 for AED 815,459, last on 25 September 2016 for AED 775,000 (AED 782 per sqft).
  • Rented since February 2017 on 10 Ejari contracts. The rent fell from AED 65,000 to AED 35,000 in 2021 and recovered to AED 63,525 by September 2026.
  • At AED 63,525 a year the gross yield on the 2016 price is 8.2%, 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 5 September 2026.

Questions about 1820, Palace Towers Residential Block

What did unit 1820 last sell for?

AED 775,000 on 25 September 2016: AED 782 per sqft for 990 sqft. The unit has 4 registered sales; the first was AED 815,459 in July 2009.

What is the rent for unit 1820?

AED 63,525 a year on the contract renewed on 5 September 2026. The previous contract, from September 2025, was AED 57,750; the unit has been rented since February 2017.

How big is unit 1820?

990 sqft (92.0 sqm): a two-bedroom apartment on the 18th floor of a 22-storey tower completed in 2009.

What is unit 1820 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 1820, Palace Towers Residential Block

Starts from the last sale price (AED 775K, 25 September 2016). Switch to today's estimate once you have unlocked it.
Price
AED 775,000
Deposit, UAE resident (20%)
AED 155,000
Deposit, non-resident (40%)
AED 310,000
Monthly over 25 years at 3.7%
AED 3,171

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