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Studio · 472 sqftPalace Towers Residential Block, Dubai Silicon Oasis · 21st floor · completed 2009

2109, Palace Towers Residential Block

Sold prices and rental history: sold 6 times, last in July 2026, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2109 · DLD and Ejari recordsUpdated 17 July 2026
Last soldAED 320K17 July 2026
Current rentAED 14K /yr5 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2109, Palace Towers Residential Block

What is 2109 worth today?

Last sold for AED 320,000 in 2026

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17 Jul 2026SoldReady
AED 320,000AED 677 per sqft
5 May 2023RentedNew contract
AED 14,000/yr12 months · AED 30 per sqft
1 May 2021RentedNew contract
AED 36,000/yr12 months · AED 76 per sqft
11 Oct 2019RentedNew contract
AED 26,000/yr12 months · AED 55 per sqft
4 Aug 2018RentedRenewal
AED 36,999/yr14 months · AED 78 per sqft
4 Aug 2017RentedNew contract
AED 40,000/yr12 months · AED 84 per sqft
1 Nov 2015RentedNew contract
AED 48,000/yr12 months · AED 101 per sqft
1 Nov 2014RentedNew contract
AED 48,000/yr12 months · AED 101 per sqft

Source: Dubai Land Department. Updated 17 July 2026.

Key facts

Type
Studio apartment
Size
472 sqft
Floor
21st of 22
Parking
L3-28
Developer
Tameer Holding Investment
Completed
2009
Service charge
AED 7,600 /yr
Last sold
AED 320K · July 2026
Building
Palace Towers Residential Block

About 2109, Palace Towers Residential Block

2109 is a studio of 472 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 17 July 2026 for AED 320,000, or AED 677 per sqft, 30% below the AED 965 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 5 May 2023, is AED 14,000 a year: a gross yield of 4.4% on the 2026 price, before the service charge of about AED 7,600 a year.

Sales and rents for 2109 over time

Sales
Unit 2109, 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, July 2009: AED 410,498 (AED 869 per sqft)Sold, November 2011: AED 410,498 (AED 869 per sqft)Sold, September 2012: AED 250,000 (AED 529 per sqft)Sold, October 2012: AED 285,000 (AED 603 per sqft)Sold, November 2012: AED 295,000 (AED 624 per sqft)Sold, July 2026: AED 320,000 (AED 677 per sqft)

2109 has sold 6 times; the dashed line is the studio median of each year in the building.

Rents
Unit 2109, 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, November 2014: AED 48,000 a yearNew contract, November 2015: AED 48,000 a yearNew contract, August 2017: AED 40,000 a yearRenewal, August 2018: AED 36,999 a yearNew contract, October 2019: AED 26,000 a yearNew contract, May 2021: AED 36,000 a yearNew contract, May 2023: AED 14,000 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 2109 sits

All 280 studios →

2109 last sold in July 2026 at AED 677 per sqft, 30% below what studios in Palace Towers Residential Block were fetching at the time (AED 965). 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. 2109's AED 14,000 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
2104StudioAED 310K · Dec 2024
21052-bedAED 400K · Jul 2011
21062-bedAED 495K · Mar 2019
2107StudioAED 381K · Jun 2010
1–7 of 19

2109, Palace Towers Residential Block in numbers

  • Sold 6 times: first on 28 July 2009 for AED 410,498, last on 17 July 2026 for AED 320,000 (AED 677 per sqft).
  • Rented since November 2014 on 7 Ejari contracts, from AED 48,000 to AED 14,000 a year.
  • At AED 14,000 a year the gross yield on the 2026 price is 4.4%, 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 17 July 2026.

Questions about 2109, Palace Towers Residential Block

What did unit 2109 last sell for?

AED 320,000 on 17 July 2026: AED 677 per sqft for 472 sqft. The unit has 6 registered sales; the first was AED 410,498 in July 2009.

What is the rent for unit 2109?

AED 14,000 a year on the contract signed on 5 May 2023. The previous contract, from May 2021, was AED 36,000; the unit has been rented since November 2014.

How big is unit 2109?

472 sqft (43.9 sqm): a studio on the 21st floor of a 22-storey tower completed in 2009.

What is unit 2109 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 2109, Palace Towers Residential Block

Starts from the last sale price (AED 320K, 17 July 2026). Switch to today's estimate once you have unlocked it.
Price
AED 320,000
Deposit, UAE resident (20%)
AED 64,000
Deposit, non-resident (40%)
AED 128,000
Monthly over 25 years at 3.7%
AED 1,309

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