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Studio · 420 sqftPalace Towers Residential Block, Dubai Silicon Oasis · 21st floor · completed 2009

2117, Palace Towers Residential Block

Sold prices and rental history: sold 4 times, last in December 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2117 · DLD and Ejari recordsUpdated 15 October 2025
Last soldAED 320K9 December 2024
Current rentAED 40K /yr15 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2117, Palace Towers Residential Block

What is 2117 worth today?

Last sold for AED 320,000 in 2024

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15 Oct 2025RentedNew contract
AED 40,000/yr12 months · AED 95 per sqft
9 Dec 2024SoldReady
AED 320,000AED 761 per sqft
1 Apr 2024RentedNew contract
AED 19,636/yr11 months · AED 47 per sqft
1 Mar 2020RentedNew contract
AED 30,000/yr12 months · AED 71 per sqft
15 Oct 2017RentedNew contract
AED 36,000/yr12 months · AED 86 per sqft
1 Nov 2012SoldReady
AED 280,000AED 666 per sqft
27 Jul 2010SoldReady
AED 380,639AED 906 per sqft
28 Jul 2009Sold by developerOff-plan
AED 380,638AED 906 per sqft

Source: Dubai Land Department. Updated 15 October 2025.

Key facts

Type
Studio apartment
Size
420 sqft
Floor
21st of 22
Parking
L1-22, 23
Developer
Tameer Holding Investment
Completed
2009
Service charge
AED 6,800 /yr
Last sold
AED 320K · December 2024
Building
Palace Towers Residential Block

About 2117, Palace Towers Residential Block

2117 is a studio of 420 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 320,000, or AED 761 per sqft, 13% below the AED 871 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 15 October 2025, is AED 40,000 a year: a gross yield of 12.5% on the 2024 price, before the service charge of about AED 6,800 a year.

Sales and rents for 2117 over time

Sales
Unit 2117, 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 380,638 (AED 906 per sqft)Sold, July 2010: AED 380,639 (AED 906 per sqft)Sold, November 2012: AED 280,000 (AED 666 per sqft)Sold, December 2024: AED 320,000 (AED 761 per sqft)

2117 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 2117, 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, October 2017: AED 36,000 a yearNew contract, March 2020: AED 30,000 a yearNew contract, April 2024: AED 19,636 a yearNew contract, October 2025: AED 40,000 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 2117 sits

All 280 studios →

2117 last sold in December 2024 at AED 761 per sqft, 13% 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. 2117's AED 40,000 is in the upper 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
9.3%
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

2117, Palace Towers Residential Block in numbers

  • Sold 4 times: first on 28 July 2009 for AED 380,638, last on 9 December 2024 for AED 320,000 (AED 761 per sqft).
  • Rented since October 2017 on 4 Ejari contracts. The rent fell from AED 36,000 to AED 19,636 in 2024 and recovered to AED 40,000 by October 2025.
  • At AED 40,000 a year the gross yield on the 2024 price is 12.5%, 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 15 October 2025.

Questions about 2117, Palace Towers Residential Block

What did unit 2117 last sell for?

AED 320,000 on 9 December 2024: AED 761 per sqft for 420 sqft. The unit has 4 registered sales; the first was AED 380,638 in July 2009.

What is the rent for unit 2117?

AED 40,000 a year on the contract signed on 15 October 2025. The previous contract, from April 2024, was AED 19,636; the unit has been rented since October 2017.

How big is unit 2117?

420 sqft (39.0 sqm): a studio on the 21st floor of a 22-storey tower completed in 2009.

What is unit 2117 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 2117, Palace Towers Residential Block

Starts from the last sale price (AED 320K, 9 December 2024). 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 →