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Studio · 473 sqftPalace Towers Residential Block, Dubai Silicon Oasis · 20th floor · completed 2009

2013, Palace Towers Residential Block

Sold prices and rental history: sold 5 times, last in March 2023, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2013 · DLD and Ejari recordsUpdated 15 October 2026
Last soldAED 265K17 March 2023
Current rentAED 38K /yr15 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2013, Palace Towers Residential Block

What is 2013 worth today?

Last sold for AED 265,000 in 2023

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15 Oct 2026RentedRenewal
AED 37,500/yr12 months · AED 79 per sqft
15 Oct 2025RentedNew contract
AED 42,000/yr12 months · AED 89 per sqft
1 Oct 2024RentedNew contract
AED 40,000/yr12 months · AED 84 per sqft
17 Mar 2023SoldReady
AED 265,000AED 560 per sqft
1 Sep 2022RentedNew contract
AED 30,000/yr12 months · AED 63 per sqft
1 Sep 2021RentedNew contract
AED 24,000/yr12 months · AED 51 per sqft
14 Jul 2021SoldReady
AED 330,000AED 698 per sqft
3 Nov 2015SoldReady
AED 455,000AED 962 per sqft

Source: Dubai Land Department. Updated 15 October 2026.

Key facts

Type
Studio apartment
Size
473 sqft
Floor
20th of 22
Parking
B1-160
Developer
Tameer Holding Investment
Completed
2009
Service charge
AED 7,600 /yr
Last sold
AED 265K · March 2023
Building
Palace Towers Residential Block

About 2013, Palace Towers Residential Block

2013 is a studio of 473 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 17 March 2023 for AED 265,000, or AED 560 per sqft, 10% below the AED 625 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 15 October 2026, is AED 37,500 a year: a gross yield of 14.1% on the 2023 price, before the service charge of about AED 7,600 a year.

Sales and rents for 2013 over time

Sales
Unit 2013, 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 316,000 (AED 668 per sqft)Sold, April 2014: AED 490,000 (AED 1,036 per sqft)Sold, November 2015: AED 455,000 (AED 962 per sqft)Sold, July 2021: AED 330,000 (AED 698 per sqft)Sold, March 2023: AED 265,000 (AED 560 per sqft)

2013 has sold 5 times; the dashed line is the studio median of each year in the building.

Rents
Unit 2013, 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 24,000 a yearNew contract, September 2022: AED 30,000 a yearNew contract, October 2024: AED 40,000 a yearNew contract, October 2025: AED 42,000 a yearRenewal, October 2026: AED 37,500 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 2013 sits

All 280 studios →

2013 last sold in March 2023 at AED 560 per sqft, 10% below what studios in Palace Towers Residential Block were fetching at the time (AED 625). 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. 2013's AED 37,500 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
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

2013, Palace Towers Residential Block in numbers

  • Sold 5 times: first on 9 January 2012 for AED 316,000, last on 17 March 2023 for AED 265,000 (AED 560 per sqft).
  • Rented since September 2021 on 5 Ejari contracts, from AED 24,000 to AED 37,500 a year.
  • At AED 37,500 a year the gross yield on the 2023 price is 14.1%, 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 15 October 2026.

Questions about 2013, Palace Towers Residential Block

What did unit 2013 last sell for?

AED 265,000 on 17 March 2023: AED 560 per sqft for 473 sqft. The unit has 5 registered sales; the first was AED 316,000 in January 2012.

What is the rent for unit 2013?

AED 37,500 a year on the contract renewed on 15 October 2026. The previous contract, from October 2025, was AED 42,000; the unit has been rented since September 2021.

How big is unit 2013?

473 sqft (43.9 sqm): a studio on the 20th floor of a 22-storey tower completed in 2009.

What is unit 2013 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 2013, Palace Towers Residential Block

Starts from the last sale price (AED 265K, 17 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 265,000
Deposit, UAE resident (20%)
AED 53,000
Deposit, non-resident (40%)
AED 106,000
Monthly over 25 years at 3.7%
AED 1,084

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