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Studio · 422 sqftPalace Towers Residential Block, Dubai Silicon Oasis · 21st floor · completed 2009

2104, Palace Towers Residential Block

Sold prices and rental history: sold 3 times, last in December 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2104 · DLD and Ejari recordsUpdated 9 December 2024
Last soldAED 310K9 December 2024
Current rentAED 18K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2104, Palace Towers Residential Block

What is 2104 worth today?

Last sold for AED 310,000 in 2024

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9 Dec 2024SoldReady
AED 310,000AED 733 per sqft
1 Oct 2024RentedNew contract
AED 18,000/yr12 months · AED 43 per sqft
1 Jun 2023RentedNew contract
AED 26,000/yr12 months · AED 62 per sqft
1 Jun 2022RentedNew contract
AED 22,000/yr12 months · AED 52 per sqft
1 May 2018RentedNew contract
AED 37,000/yr12 months · AED 88 per sqft
12 Dec 2016RentedRenewal
AED 35,000/yr12 months · AED 83 per sqft
12 Dec 2015RentedRenewal
AED 33,600/yr12 months · AED 80 per sqft
12 Dec 2014RentedNew contract
AED 32,000/yr12 months · AED 76 per sqft

Source: Dubai Land Department. Updated 9 December 2024.

Key facts

Type
Studio apartment
Size
422 sqft
Floor
21st of 22
Parking
L2-33
Developer
Tameer Holding Investment
Completed
2009
Service charge
AED 6,800 /yr
Last sold
AED 310K · December 2024
Building
Palace Towers Residential Block

About 2104, Palace Towers Residential Block

2104 is a studio of 422 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 9 December 2024 for AED 310,000, or AED 733 per sqft, 16% below the AED 871 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 1 October 2024, is AED 18,000 a year: a gross yield of 5.8% on the 2024 price, before the service charge of about AED 6,800 a year.

Sales and rents for 2104 over time

Sales
Unit 2104, 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, October 2012: AED 275,000 (AED 651 per sqft)Sold by developer, October 2012: AED 351,515 (AED 832 per sqft)Sold, December 2024: AED 310,000 (AED 733 per sqft)

2104 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 2104, 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, December 2013: AED 29,000 a yearNew contract, December 2014: AED 32,000 a yearRenewal, December 2015: AED 33,600 a yearRenewal, December 2016: AED 35,000 a yearNew contract, May 2018: AED 37,000 a yearNew contract, June 2022: AED 22,000 a yearNew contract, June 2023: AED 26,000 a yearNew contract, October 2024: AED 18,000 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 2104 sits

All 280 studios →

2104 last sold in December 2024 at AED 733 per sqft, 16% below what studios in Palace Towers Residential Block were fetching at the time (AED 871). 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. 2104's AED 18,000 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 21st floor

All 424 units in Palace Towers Residential Block
Value
21011-bedAED 610K · Sep 2012
2102StudioAED 310K · Dec 2012
2103StudioAED 300K · Dec 2012
21052-bedAED 400K · Jul 2011
21062-bedAED 495K · Mar 2019
2107StudioAED 381K · Jun 2010
21081-bedAED 484K · Aug 2010
1–7 of 19

2104, Palace Towers Residential Block in numbers

  • Sold 3 times: first on 17 October 2012 for AED 351,515, last on 9 December 2024 for AED 310,000 (AED 733 per sqft).
  • Rented since December 2013 on 8 Ejari contracts, from AED 29,000 to AED 18,000 a year.
  • At AED 18,000 a year the gross yield on the 2024 price is 5.8%, before a service charge of about AED 6,800 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 9 December 2024.

Questions about 2104, Palace Towers Residential Block

What did unit 2104 last sell for?

AED 310,000 on 9 December 2024: AED 733 per sqft for 422 sqft. The unit has 3 registered sales; the first was AED 351,515 in October 2012.

What is the rent for unit 2104?

AED 18,000 a year on the contract signed on 1 October 2024. The previous contract, from June 2023, was AED 26,000; the unit has been rented since December 2013.

How big is unit 2104?

422 sqft (39.2 sqm): a studio on the 21st floor of a 22-storey tower completed in 2009.

What is unit 2104 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 2104, Palace Towers Residential Block

Starts from the last sale price (AED 310K, 9 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 310,000
Deposit, UAE resident (20%)
AED 62,000
Deposit, non-resident (40%)
AED 124,000
Monthly over 25 years at 3.7%
AED 1,268

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