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

2015, Palace Towers Residential Block

Sold prices and rental history: sold twice, last in January 2011, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2015 · DLD and Ejari recordsUpdated 23 December 2025
Last soldAED 766K18 January 2011
Current rentAED 35K /yr23 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2015, Palace Towers Residential Block

What is 2015 worth today?

Last sold for AED 765,638 in 2011

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23 Dec 2025RentedRenewal
AED 34,500/yr12 months · AED 44 per sqft
23 Dec 2024RentedRenewal
AED 46,000/yr12 months · AED 59 per sqft
23 Dec 2023RentedNew contract
AED 48,000/yr12 months · AED 61 per sqft
1 Oct 2021RentedRenewal
AED 29,000/yr12 months · AED 37 per sqft
1 Oct 2020RentedNew contract
AED 28,000/yr12 months · AED 36 per sqft
12 Nov 2019RentedRenewal
AED 38,000/yr12 months · AED 48 per sqft
12 Nov 2018RentedNew contract
AED 40,000/yr12 months · AED 51 per sqft
25 Jul 2018RentedNew contract
AED 46,000/yr12 months · AED 59 per sqft

Source: Dubai Land Department. Updated 23 December 2025.

Key facts

Type
1-bed apartment
Size
786 sqft
Floor
20th of 22
Parking
L3-20
Developer
Tameer Holding Investment
Completed
2009
Service charge
AED 12,700 /yr
Last sold
AED 766K · January 2011
Building
Palace Towers Residential Block

About 2015, Palace Towers Residential Block

2015 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 18 January 2011 for AED 765,638, or AED 973 per sqft, 19% above the AED 816 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, renewed on 23 December 2025, is AED 34,500 a year: a gross yield of 4.5% on the 2011 price, before the service charge of about AED 12,700 a year.

Sales and rents for 2015 over time

Sales
Unit 2015, 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, July 2009: AED 765,638 (AED 973 per sqft)Sold, January 2011: AED 765,638 (AED 973 per sqft)

2015 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2015, 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, February 2015: AED 61,000 a yearRenewal, February 2016: AED 61,000 a yearNew contract, July 2018: AED 46,000 a yearNew contract, November 2018: AED 40,000 a yearRenewal, November 2019: AED 38,000 a yearNew contract, October 2020: AED 28,000 a yearRenewal, October 2021: AED 29,000 a yearNew contract, December 2023: AED 48,000 a yearRenewal, December 2024: AED 46,000 a yearRenewal, December 2025: AED 34,500 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 2015 sits

All 72 1-beds →

2015 last sold in January 2011 at AED 973 per sqft, 19% above what one-beds in Palace Towers Residential Block were fetching at the time (AED 816). 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. 2015's AED 34,500 is at the bottom 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 →

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

2015, Palace Towers Residential Block in numbers

  • Sold twice: first on 28 July 2009 for AED 765,638, last on 18 January 2011 for AED 765,638 (AED 973 per sqft).
  • Rented since February 2015 on 10 Ejari contracts. The rent fell from AED 61,000 to AED 28,000 in 2020 and recovered to AED 34,500 by December 2025.
  • At AED 34,500 a year the gross yield on the 2011 price is 4.5%, 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 23 December 2025.

Questions about 2015, Palace Towers Residential Block

What did unit 2015 last sell for?

AED 765,638 on 18 January 2011: AED 973 per sqft for 786 sqft. The unit has 2 registered sales; the first was AED 765,638 in July 2009.

What is the rent for unit 2015?

AED 34,500 a year on the contract renewed on 23 December 2025. The previous contract, from December 2024, was AED 46,000; the unit has been rented since February 2015.

How big is unit 2015?

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

What is unit 2015 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 2015, Palace Towers Residential Block

Starts from the last sale price (AED 766K, 18 January 2011). Switch to today's estimate once you have unlocked it.
Price
AED 765,638
Deposit, UAE resident (20%)
AED 153,128
Deposit, non-resident (40%)
AED 306,255
Monthly over 25 years at 3.7%
AED 3,132

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