Home
Dubai prices
About
Research
Studio · 470 sqftPalace Towers Residential Block, Dubai Silicon Oasis · 19th floor · completed 2009

1902, Palace Towers Residential Block

Sold prices and rental history: sold 3 times, last in January 2017, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1902 · DLD and Ejari recordsUpdated 16 April 2025
Last soldAED 380K10 January 2017
Current rentAED 44K /yr16 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 1902

Property timeline for 1902, Palace Towers Residential Block

What is 1902 worth today?

Last sold for AED 380,000 in 2017

Unlock today's estimate, updated daily, with

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

16 Apr 2025RentedNew contract
AED 44,000/yr12 months · AED 94 per sqft
16 Apr 2024RentedNew contract
AED 42,000/yr12 months · AED 89 per sqft
15 Jan 2023RentedNew contract
AED 30,000/yr12 months · AED 63 per sqft
10 Jan 2017SoldReady
AED 380,000AED 807 per sqft
30 Apr 2014SoldReady
AED 490,000AED 1,041 per sqft
9 Jan 2012Sold by developerReady
AED 305,000AED 648 per sqft

Source: Dubai Land Department. Updated 16 April 2025.

Key facts

Type
Studio apartment
Size
470 sqft
Floor
19th of 22
Parking
L1-99
Developer
Tameer Holding Investment
Completed
2009
Service charge
AED 7,600 /yr
Last sold
AED 380K · January 2017
Building
Palace Towers Residential Block

About 1902, Palace Towers Residential Block

1902 is a studio of 470 sqft on the 19th 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 10 January 2017 for AED 380,000, or AED 807 per sqft, 12% below the AED 921 studios in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 16 April 2025, is AED 44,000 a year: a gross yield of 11.6% on the 2017 price, before the service charge of about AED 7,600 a year.

Sales and rents for 1902 over time

Sales
Unit 1902, each saleTypical studio in Palace Towers Residential Block
200K400K2009201420192024Typical 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, January 2012: AED 305,000 (AED 648 per sqft)Sold, April 2014: AED 490,000 (AED 1,041 per sqft)Sold, January 2017: AED 380,000 (AED 807 per sqft)

1902 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1902, 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, January 2023: AED 30,000 a yearNew contract, April 2024: AED 42,000 a yearNew contract, April 2025: AED 44,000 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 1902 sits

All 280 studios →

1902 last sold in January 2017 at AED 807 per sqft, 12% below what studios in Palace Towers Residential Block were fetching at the time (AED 921). 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. 1902's AED 44,000 is in the upper 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 19th floor

All 424 units in Palace Towers Residential Block
Value
19011-bedAED 560K · Dec 2016
1903StudioAED 440K · Apr 2025
1904StudioAED 245K · Mar 2022
19052-bedAED 799K · Dec 2010
1906StudioAED 450K · Oct 2025
1907StudioAED 385K · Mar 2014
19082-bedAED 799K · Dec 2010
1–7 of 23

1902, Palace Towers Residential Block in numbers

  • Sold 3 times: first on 9 January 2012 for AED 305,000, last on 10 January 2017 for AED 380,000 (AED 807 per sqft).
  • Rented since January 2023 on 3 Ejari contracts, from AED 30,000 to AED 44,000 a year.
  • At AED 44,000 a year the gross yield on the 2017 price is 11.6%, before a service charge of about AED 7,600 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 16 April 2025.

Questions about 1902, Palace Towers Residential Block

What did unit 1902 last sell for?

AED 380,000 on 10 January 2017: AED 807 per sqft for 470 sqft. The unit has 3 registered sales; the first was AED 305,000 in January 2012.

What is the rent for unit 1902?

AED 44,000 a year on the contract signed on 16 April 2025. The previous contract, from April 2024, was AED 42,000; the unit has been rented since January 2023.

How big is unit 1902?

470 sqft (43.7 sqm): a studio on the 19th floor of a 22-storey tower completed in 2009.

What is unit 1902 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 1902? 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 1902, Palace Towers Residential Block

Starts from the last sale price (AED 380K, 10 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 380,000
Deposit, UAE resident (20%)
AED 76,000
Deposit, non-resident (40%)
AED 152,000
Monthly over 25 years at 3.7%
AED 1,555

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