1-bed · 762 sqftPalace Towers Residential Block, Dubai Silicon Oasis · 20th floor · completed 2009

2001, Palace Towers Residential Block

Sold prices and rental history: sold 3 times, last in July 2025, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2001 · DLD and Ejari recordsUpdated 1 February 2026
Last soldAED 580K22 July 2025
Current rentAED 65K /yr1 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2001, Palace Towers Residential Block

What is 2001 worth today?

Last sold for AED 580,000 in 2025

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1 Feb 2026RentedNew contract
AED 65,000/yr12 months · AED 85 per sqft
22 Jul 2025SoldReady
AED 580,000AED 761 per sqft
4 Jan 2021RentedNew contract
AED 40,000/yr12 months · AED 53 per sqft
25 Oct 2020RentedNew contract
AED 30,000/yr12 months · AED 39 per sqft
6 Jun 2020RentedNew contract
AED 30,000/yr12 months · AED 39 per sqft
21 Apr 2019RentedNew contract
AED 35,000/yr12 months · AED 46 per sqft
9 Jan 2019RentedNew contract
AED 50,000/yr12 months · AED 65 per sqft
10 Jan 2017SoldReady
AED 550,000AED 722 per sqft

Source: Dubai Land Department. Updated 1 February 2026.

Key facts

Type
1-bed apartment
Size
762 sqft
Floor
20th of 22
Parking
L1-96
Developer
Tameer Holding Investment
Completed
2009
Service charge
AED 12,300 /yr
Last sold
AED 580K · July 2025

About 2001, Palace Towers Residential Block

2001 is a one-bedroom apartment of 762 sqft on the 20th 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 22 July 2025 for AED 580,000, or AED 761 per sqft, in line with the AED 750 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 1 February 2026, is AED 65,000 a year: a gross yield of 11.2% on the 2025 price, before the service charge of about AED 12,300 a year.

Sales and rents for 2001 over time

Sales
Unit 2001, 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, January 2012: AED 487,000 (AED 639 per sqft)Sold, January 2017: AED 550,000 (AED 722 per sqft)Sold, July 2025: AED 580,000 (AED 761 per sqft)

2001 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2001, 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, January 2017: AED 50,000 a yearNew contract, January 2019: AED 50,000 a yearNew contract, April 2019: AED 35,000 a yearNew contract, June 2020: AED 30,000 a yearNew contract, October 2020: AED 30,000 a yearNew contract, January 2021: AED 40,000 a yearNew contract, February 2026: AED 65,000 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 2001 sits

All 72 1-beds →

2001 last sold in July 2025 at AED 761 per sqft, in line with what one-beds in Palace Towers Residential Block were fetching at the time (AED 750). 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. 2001's AED 65,000 is in the upper 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 →
Value
2002StudioAED 362K · Apr 2024
2003StudioAED 369K · Jun 2010
2004StudioAED 460K · Mar 2020
20052-bedAED 850K · Feb 2014
2006StudioAED 387K · Jul 2011
2007StudioAED 425K · May 2014
20082-bedAED 400K · Jul 2023
1–7 of 23

2001, Palace Towers Residential Block in numbers

  • Sold 3 times: first on 9 January 2012 for AED 487,000, last on 22 July 2025 for AED 580,000 (AED 761 per sqft).
  • Rented since January 2017 on 7 Ejari contracts. The rent fell from AED 50,000 to AED 30,000 in 2020 and recovered to AED 65,000 by February 2026.
  • At AED 65,000 a year the gross yield on the 2025 price is 11.2%, before a service charge of about AED 12,300 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 February 2026.

Questions about 2001, Palace Towers Residential Block

What did unit 2001 last sell for?

AED 580,000 on 22 July 2025: AED 761 per sqft for 762 sqft. The unit has 3 registered sales; the first was AED 487,000 in January 2012.

What is the rent for unit 2001?

AED 65,000 a year on the contract signed on 1 February 2026. The previous contract, from January 2021, was AED 40,000; the unit has been rented since January 2017.

How big is unit 2001?

762 sqft (70.8 sqm): a one-bedroom apartment on the 20th floor of a 22-storey tower completed in 2009.

What is unit 2001 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 2001, Palace Towers Residential Block

Starts from the last sale price (AED 580K, 22 July 2025). Switch to today's estimate once you have unlocked it.
Price
AED 580,000
Deposit, UAE resident (20%)
AED 116,000
Deposit, non-resident (40%)
AED 232,000
Monthly over 25 years at 3.7%
AED 2,373

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