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Studio · 459 sqftPalace Towers Residential Block, Dubai Silicon Oasis · 20th floor · completed 2009

2003, Palace Towers Residential Block

Sold prices and rental history: sold twice, last in June 2010, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2003 · DLD and Ejari recordsUpdated 1 September 2026
Last soldAED 369K28 June 2010
Current rentAED 38K /yr1 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2003, Palace Towers Residential Block

What is 2003 worth today?

Last sold for AED 369,062 in 2010

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1 Sep 2026RentedRenewal
AED 38,000/yr12 months · AED 83 per sqft
1 Sep 2025RentedRenewal
AED 38,000/yr12 months · AED 83 per sqft
1 Sep 2024RentedNew contract
AED 36,000/yr12 months · AED 78 per sqft
2 Aug 2022RentedRenewal
AED 26,400/yr12 months · AED 58 per sqft
2 Sep 2021RentedNew contract
AED 26,400/yr11 months · AED 58 per sqft
28 Jun 2010SoldReady
AED 369,062AED 803 per sqft
28 Jul 2009Sold by developerOff-plan
AED 369,062AED 803 per sqft

Source: Dubai Land Department. Updated 1 September 2026.

Key facts

Type
Studio apartment
Size
459 sqft
Floor
20th of 22
Parking
B1-18
Developer
Tameer Holding Investment
Completed
2009
Service charge
AED 7,400 /yr
Last sold
AED 369K · June 2010
Building
Palace Towers Residential Block

About 2003, Palace Towers Residential Block

2003 is a studio of 459 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 28 June 2010 for AED 369,062, or AED 803 per sqft, 5% below the AED 843 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 1 September 2026, is AED 38,000 a year: a gross yield of 10.3% on the 2010 price, before the service charge of about AED 7,400 a year.

Sales and rents for 2003 over time

Sales
Unit 2003, 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 369,062 (AED 803 per sqft)Sold, June 2010: AED 369,062 (AED 803 per sqft)

2003 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 2003, 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, September 2021: AED 26,400 a yearRenewal, August 2022: AED 26,400 a yearNew contract, September 2024: AED 36,000 a yearRenewal, September 2025: AED 38,000 a yearRenewal, September 2026: AED 38,000 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 2003 sits

All 280 studios →

2003 last sold in June 2010 at AED 803 per sqft, 5% below what studios in Palace Towers Residential Block were fetching at the time (AED 843). 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. 2003's AED 38,000 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 20th floor

All 424 units in Palace Towers Residential Block
Value
20011-bedAED 580K · Jul 2025
2002StudioAED 362K · Apr 2024
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

2003, Palace Towers Residential Block in numbers

  • Sold twice: first on 28 July 2009 for AED 369,062, last on 28 June 2010 for AED 369,062 (AED 803 per sqft).
  • Rented since September 2021 on 5 Ejari contracts, from AED 26,400 to AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2010 price is 10.3%, before a service charge of about AED 7,400 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 1 September 2026.

Questions about 2003, Palace Towers Residential Block

What did unit 2003 last sell for?

AED 369,062 on 28 June 2010: AED 803 per sqft for 459 sqft. The unit has 2 registered sales; the first was AED 369,062 in July 2009.

What is the rent for unit 2003?

AED 38,000 a year on the contract renewed on 1 September 2026. The previous contract, from September 2025, was AED 38,000; the unit has been rented since September 2021.

How big is unit 2003?

459 sqft (42.6 sqm): a studio on the 20th floor of a 22-storey tower completed in 2009.

What is unit 2003 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 2003, Palace Towers Residential Block

Starts from the last sale price (AED 369K, 28 June 2010). Switch to today's estimate once you have unlocked it.
Price
AED 369,062
Deposit, UAE resident (20%)
AED 73,812
Deposit, non-resident (40%)
AED 147,625
Monthly over 25 years at 3.7%
AED 1,510

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