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1-bed · 775 sqftPalace Towers Residential Block, Dubai Silicon Oasis · 21st floor · completed 2009

2108, Palace Towers Residential Block

Sold prices and rental history: sold twice, last in August 2010, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2108 · DLD and Ejari recordsUpdated 30 July 2024
Last soldAED 484K10 August 2010
Current rentAED 50K /yr30 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2108, Palace Towers Residential Block

What is 2108 worth today?

Last sold for AED 483,948 in 2010

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30 Jul 2024RentedNew contract
AED 50,000/yr12 months · AED 65 per sqft
1 Nov 2020RentedNew contract
AED 28,000/yr12 months · AED 36 per sqft
10 Aug 2010SoldReady
AED 483,948AED 624 per sqft
17 Jun 2010Sold by developerReady
AED 657,574AED 848 per sqft

Source: Dubai Land Department. Updated 30 July 2024.

Key facts

Type
1-bed apartment
Size
775 sqft
Floor
21st of 22
Parking
L3-10
Developer
Tameer Holding Investment
Completed
2009
Service charge
AED 12,500 /yr
Last sold
AED 484K · August 2010
Building
Palace Towers Residential Block

About 2108, Palace Towers Residential Block

2108 is a one-bedroom apartment of 775 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 10 August 2010 for AED 483,948, or AED 624 per sqft, 27% below the AED 850 one-beds in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 30 July 2024, is AED 50,000 a year: a gross yield of 10.3% on the 2010 price, before the service charge of about AED 12,500 a year.

Sales and rents for 2108 over time

Sales
Unit 2108, each saleTypical one-bed in Palace Towers Residential Block
400K600K2009201420192024Typical 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, June 2010: AED 657,574 (AED 848 per sqft)Sold, August 2010: AED 483,948 (AED 624 per sqft)

2108 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2108, 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, November 2020: AED 28,000 a yearNew contract, July 2024: 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 2108 sits

All 72 1-beds →

2108 last sold in August 2010 at AED 624 per sqft, 27% below what one-beds in Palace Towers Residential Block were fetching at the time (AED 850). 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. 2108'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
9.2%
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
2104StudioAED 310K · Dec 2024
21052-bedAED 400K · Jul 2011
21062-bedAED 495K · Mar 2019
2107StudioAED 381K · Jun 2010
1–7 of 19

2108, Palace Towers Residential Block in numbers

  • Sold twice: first on 17 June 2010 for AED 657,574, last on 10 August 2010 for AED 483,948 (AED 624 per sqft).
  • Rented since November 2020 on 2 Ejari contracts, from AED 28,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2010 price is 10.3%, before a service charge of about AED 12,500 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 30 July 2024.

Questions about 2108, Palace Towers Residential Block

What did unit 2108 last sell for?

AED 483,948 on 10 August 2010: AED 624 per sqft for 775 sqft. The unit has 2 registered sales; the first was AED 657,574 in June 2010.

What is the rent for unit 2108?

AED 50,000 a year on the contract signed on 30 July 2024. The previous contract, from November 2020, was AED 28,000.

How big is unit 2108?

775 sqft (72.0 sqm): a one-bedroom apartment on the 21st floor of a 22-storey tower completed in 2009.

What is unit 2108 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 2108, Palace Towers Residential Block

Starts from the last sale price (AED 484K, 10 August 2010). Switch to today's estimate once you have unlocked it.
Price
AED 483,948
Deposit, UAE resident (20%)
AED 96,790
Deposit, non-resident (40%)
AED 193,579
Monthly over 25 years at 3.7%
AED 1,980

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