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1-bed · 786 sqftPalace Towers Residential Block, Dubai Silicon Oasis · 20th floor · completed 2009

2010, Palace Towers Residential Block

Sold prices and rental history: sold 5 times, last in November 2022, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2010 · DLD and Ejari recordsUpdated 1 February 2026
Last soldAED 435K15 November 2022
Current rentAED 50K /yr1 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2010, Palace Towers Residential Block

What is 2010 worth today?

Last sold for AED 435,000 in 2022

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1 Feb 2026RentedNew contract
AED 50,000/yr12 months · AED 64 per sqft
1 Feb 2025RentedRenewal
AED 50,000/yr12 months · AED 64 per sqft
1 Feb 2024RentedNew contract
AED 50,000/yr12 months · AED 64 per sqft
28 Dec 2022RentedNew contract
AED 40,000/yr12 months · AED 51 per sqft
15 Nov 2022SoldReady
AED 435,000AED 553 per sqft
19 Sep 2021SoldReady
AED 396,000AED 503 per sqft
5 Nov 2019RentedNew contract
AED 34,000/yr12 months · AED 43 per sqft
1 Oct 2017RentedNew contract
AED 50,000/yr12 months · AED 64 per sqft

Source: Dubai Land Department. Updated 1 February 2026.

Key facts

Type
1-bed apartment
Size
786 sqft
Floor
20th of 22
Parking
B1-100&101
Developer
Tameer Holding Investment
Completed
2009
Service charge
AED 12,700 /yr
Last sold
AED 435K · November 2022
Building
Palace Towers Residential Block

About 2010, Palace Towers Residential Block

2010 is a one-bedroom apartment of 786 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 15 November 2022 for AED 435,000, or AED 553 per sqft, 7% above the AED 516 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 1 February 2026, is AED 50,000 a year: a gross yield of 11.5% on the 2022 price, before the service charge of about AED 12,700 a year.

Sales and rents for 2010 over time

Sales
Unit 2010, each saleTypical one-bed in Palace Towers Residential Block
400K600K800K2009201420192024Typical 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, December 2009: AED 765,638 (AED 973 per sqft)Sold, December 2009: AED 765,638 (AED 973 per sqft)Sold, June 2010: AED 765,638 (AED 973 per sqft)Sold, September 2021: AED 396,000 (AED 503 per sqft)Sold, November 2022: AED 435,000 (AED 553 per sqft)

2010 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2010, 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 2017: AED 50,000 a yearNew contract, November 2019: AED 34,000 a yearNew contract, December 2022: AED 40,000 a yearNew contract, February 2024: AED 50,000 a yearRenewal, February 2025: AED 50,000 a yearNew contract, February 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 2010 sits

All 72 1-beds →

2010 last sold in November 2022 at AED 553 per sqft, 7% above what one-beds in Palace Towers Residential Block were fetching at the time (AED 516). 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. 2010'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
9.3%
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
2003StudioAED 369K · Jun 2010
2004StudioAED 460K · Mar 2020
20052-bedAED 850K · Feb 2014
2006StudioAED 387K · Jul 2011
2007StudioAED 425K · May 2014
1–7 of 23

2010, Palace Towers Residential Block in numbers

  • Sold 5 times: first on 20 December 2009 for AED 765,638, last on 15 November 2022 for AED 435,000 (AED 553 per sqft).
  • Rented since October 2017 on 6 Ejari contracts. The rent fell from AED 50,000 to AED 34,000 in 2019 and recovered to AED 50,000 by February 2026.
  • At AED 50,000 a year the gross yield on the 2022 price is 11.5%, before a service charge of about AED 12,700 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 2010, Palace Towers Residential Block

What did unit 2010 last sell for?

AED 435,000 on 15 November 2022: AED 553 per sqft for 786 sqft. The unit has 5 registered sales; the first was AED 765,638 in December 2009.

What is the rent for unit 2010?

AED 50,000 a year on the contract signed on 1 February 2026. The previous contract, from February 2025, was AED 50,000; the unit has been rented since October 2017.

How big is unit 2010?

786 sqft (73.0 sqm): a one-bedroom apartment on the 20th floor of a 22-storey tower completed in 2009.

What is unit 2010 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 2010, Palace Towers Residential Block

Starts from the last sale price (AED 435K, 15 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 435,000
Deposit, UAE resident (20%)
AED 87,000
Deposit, non-resident (40%)
AED 174,000
Monthly over 25 years at 3.7%
AED 1,780

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