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1-bed · 765 sqftPalace Towers Residential Block, Dubai Silicon Oasis · 22nd floor · completed 2009

2201, Palace Towers Residential Block

Sold prices and rental history: sold 3 times, last in August 2015, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2201 · DLD and Ejari recordsUpdated 1 January 2025
Last soldAED 570K19 August 2015
Current rentAED 50K /yr1 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2201, Palace Towers Residential Block

What is 2201 worth today?

Last sold for AED 570,000 in 2015

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1 Jan 2025RentedRenewal
AED 50,000/yr12 months · AED 65 per sqft
1 Jan 2024RentedNew contract
AED 50,000/yr12 months · AED 65 per sqft
1 May 2018RentedNew contract
AED 56,000/yr12 months · AED 73 per sqft
31 Jul 2017RentedNew contract
AED 60,000/yr12 months · AED 79 per sqft
19 Aug 2015SoldReady
AED 570,000AED 745 per sqft
1 Feb 2015SoldReady
AED 723,043AED 945 per sqft
28 Jul 2009Sold by developerOff-plan
AED 723,043AED 945 per sqft

Source: Dubai Land Department. Updated 1 January 2025.

Key facts

Type
1-bed apartment
Size
765 sqft
Floor
22nd of 22
Parking
L2-10
Developer
Tameer Holding Investment
Completed
2009
Service charge
AED 12,300 /yr
Last sold
AED 570K · August 2015
Building
Palace Towers Residential Block

About 2201, Palace Towers Residential Block

2201 is a one-bedroom apartment of 765 sqft on the 22nd 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 19 August 2015 for AED 570,000, or AED 745 per sqft, 14% below the AED 869 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, renewed on 1 January 2025, is AED 50,000 a year: a gross yield of 8.8% on the 2015 price, before the service charge of about AED 12,300 a year.

Sales and rents for 2201 over time

Sales
Unit 2201, 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, July 2009: AED 723,043 (AED 945 per sqft)Sold, February 2015: AED 723,043 (AED 945 per sqft)Sold, August 2015: AED 570,000 (AED 745 per sqft)

2201 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2201, 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, July 2017: AED 60,000 a yearNew contract, May 2018: AED 56,000 a yearNew contract, January 2024: AED 50,000 a yearRenewal, January 2025: 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 2201 sits

All 72 1-beds →

2201 last sold in August 2015 at AED 745 per sqft, 14% below what one-beds in Palace Towers Residential Block were fetching at the time (AED 869). 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. 2201'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 22nd floor

All 424 units in Palace Towers Residential Block
Value
2202StudioAED 300K · Apr 2023
2203StudioAED 460K · Jul 2014
2204StudioAED 380K · Oct 2024
22052-bedAED 650K · Sep 2018
22062-bedAED 500K · Jul 2012
2207StudioAED 452K · Jan 2013
22081-bedAED 610K · Feb 2026
1–7 of 19

2201, Palace Towers Residential Block in numbers

  • Sold 3 times: first on 28 July 2009 for AED 723,043, last on 19 August 2015 for AED 570,000 (AED 745 per sqft).
  • Rented since July 2017 on 4 Ejari contracts, from AED 60,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2015 price is 8.8%, before a service charge of about AED 12,300 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 1 January 2025.

Questions about 2201, Palace Towers Residential Block

What did unit 2201 last sell for?

AED 570,000 on 19 August 2015: AED 745 per sqft for 765 sqft. The unit has 3 registered sales; the first was AED 723,043 in July 2009.

What is the rent for unit 2201?

AED 50,000 a year on the contract renewed on 1 January 2025. The previous contract, from January 2024, was AED 50,000; the unit has been rented since July 2017.

How big is unit 2201?

765 sqft (71.1 sqm): a one-bedroom apartment on the 22nd floor of a 22-storey tower completed in 2009.

What is unit 2201 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 2201, Palace Towers Residential Block

Starts from the last sale price (AED 570K, 19 August 2015). Switch to today's estimate once you have unlocked it.
Price
AED 570,000
Deposit, UAE resident (20%)
AED 114,000
Deposit, non-resident (40%)
AED 228,000
Monthly over 25 years at 3.7%
AED 2,332

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