Home
Dubai prices
About
Research
Studio · 514 sqftPalace Towers Residential Block, Dubai Silicon Oasis · 21st floor · completed 2009

2103, Palace Towers Residential Block

Sold prices and rental history: sold 3 times, last in December 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2103 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 300K16 December 2012
Current rentAED 30K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 2103

Property timeline for 2103, Palace Towers Residential Block

What is 2103 worth today?

Last sold for AED 300,000 in 2012

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Sep 2024RentedRenewal
AED 30,250/yr12 months · AED 59 per sqft
1 Sep 2023RentedRenewal
AED 27,500/yr12 months · AED 54 per sqft
1 Sep 2022RentedRenewal
AED 25,000/yr12 months · AED 49 per sqft
1 Sep 2021RentedRenewal
AED 21,000/yr12 months · AED 41 per sqft
1 Sep 2020RentedNew contract
AED 21,000/yr12 months · AED 41 per sqft
20 May 2019RentedNew contract
AED 28,000/yr12 months · AED 55 per sqft
18 Aug 2018RentedNew contract
AED 32,000/yr12 months · AED 62 per sqft
26 Aug 2015RentedNew contract
AED 45,000/yr12 months · AED 88 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type
Studio apartment
Size
514 sqft
Floor
21st of 22
Parking
L3-46
Developer
Tameer Holding Investment
Completed
2009
Service charge
AED 8,300 /yr
Last sold
AED 300K · December 2012
Building
Palace Towers Residential Block

About 2103, Palace Towers Residential Block

2103 is a studio of 514 sqft on the 21st 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 16 December 2012 for AED 300,000, or AED 584 per sqft, 5% below the AED 614 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 1 September 2024, is AED 30,250 a year: a gross yield of 10.1% on the 2012 price, before the service charge of about AED 8,300 a year.

Sales and rents for 2103 over time

Sales
Unit 2103, 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, April 2010: AED 368,641 (AED 717 per sqft)Sold, December 2012: AED 300,000 (AED 584 per sqft)Sold, December 2012: AED 368,641 (AED 717 per sqft)

2103 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 2103, each contractTypical studio in Palace Towers Residential Block
20K40K2012201620202024Typical 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, May 2013: AED 35,000 a yearNew contract, May 2014: AED 35,000 a yearNew contract, August 2015: AED 45,000 a yearNew contract, August 2018: AED 32,000 a yearNew contract, May 2019: AED 28,000 a yearNew contract, September 2020: AED 21,000 a yearRenewal, September 2021: AED 21,000 a yearRenewal, September 2022: AED 25,000 a yearRenewal, September 2023: AED 27,500 a yearRenewal, September 2024: AED 30,250 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 2103 sits

All 280 studios →

2103 last sold in December 2012 at AED 584 per sqft, 5% below what studios in Palace Towers Residential Block were fetching at the time (AED 614). 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. 2103's AED 30,250 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 21st floor

All 424 units in Palace Towers Residential Block
Value
21011-bedAED 610K · Sep 2012
2102StudioAED 310K · Dec 2012
2104StudioAED 310K · Dec 2024
21052-bedAED 400K · Jul 2011
21062-bedAED 495K · Mar 2019
2107StudioAED 381K · Jun 2010
21081-bedAED 484K · Aug 2010
1–7 of 19

2103, Palace Towers Residential Block in numbers

  • Sold 3 times: first on 22 April 2010 for AED 368,641, last on 16 December 2012 for AED 300,000 (AED 584 per sqft).
  • Rented since May 2013 on 10 Ejari contracts. The rent fell from AED 35,000 to AED 21,000 in 2021 and recovered to AED 30,250 by September 2024.
  • At AED 30,250 a year the gross yield on the 2012 price is 10.1%, before a service charge of about AED 8,300 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 2024.

Questions about 2103, Palace Towers Residential Block

What did unit 2103 last sell for?

AED 300,000 on 16 December 2012: AED 584 per sqft for 514 sqft. The unit has 3 registered sales; the first was AED 368,641 in April 2010.

What is the rent for unit 2103?

AED 30,250 a year on the contract renewed on 1 September 2024. The previous contract, from September 2023, was AED 27,500; the unit has been rented since May 2013.

How big is unit 2103?

514 sqft (47.8 sqm): a studio on the 21st floor of a 22-storey tower completed in 2009.

What is unit 2103 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.

Selling 2103? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 2103, Palace Towers Residential Block

Starts from the last sale price (AED 300K, 16 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 300,000
Deposit, UAE resident (20%)
AED 60,000
Deposit, non-resident (40%)
AED 120,000
Monthly over 25 years at 3.7%
AED 1,227

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