2-bed · 990 sqftPalace Towers Residential Block, Dubai Silicon Oasis · 7th floor · completed 2009

708, Palace Towers Residential Block

Sold prices and rental history: sold twice, last in July 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 708 · DLD and Ejari recordsUpdated 1 November 2025

Last soldAED 841K7 July 2010

Current rentAED 90K /yr1 November 2025

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 708, Palace Towers Residential Block

Today

What is 708 worth today?

Last sold for AED 841,050 in 2010

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1 Nov 2025

1 Nov 2025RentedRenewal

AED 90,000/yr12 months · AED 91 per sqft

1 Nov 2025

1 Nov 2025RentedNew contract

AED 66,000/yr12 months · AED 67 per sqft

1 Nov 2024

1 Nov 2024RentedRenewal

AED 63,000/yr12 months · AED 64 per sqft

1 Nov 2023

1 Nov 2023RentedRenewal

AED 55,000/yr12 months · AED 56 per sqft

1 Nov 2022

1 Nov 2022RentedRenewal

AED 55,000/yr12 months · AED 56 per sqft

1 Nov 2020

1 Nov 2020RentedRenewal

AED 50,000/yr12 months · AED 50 per sqft

1 Nov 2019

1 Nov 2019RentedRenewal

AED 58,000/yr12 months · AED 59 per sqft

1 Nov 2018

1 Nov 2018RentedNew contract

AED 58,000/yr12 months · AED 59 per sqft

Source: Dubai Land Department. Updated 1 November 2025.

Key facts

Type: 2-bed apartment
Size: 990 sqft
Floor: 7th of 22
Parking: B2-111
Developer: Tameer Holding Investment
Completed: 2009
Service charge: AED 15,900 /yr
Last sold: AED 841K · July 2010
Building: Palace Towers Residential Block

About 708, Palace Towers Residential Block

708 is a two-bedroom apartment of 990 sqft on the 7th 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 7 July 2010 for AED 841,050, or AED 849 per sqft, in line with the AED 827 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 14 Ejari contracts. The current contract, renewed on 1 November 2025, is AED 90,000 a year: a gross yield of 10.7% on the 2010 price, before the service charge of about AED 15,900 a year.

Sales and rents for 708 over time

Sales

Unit 708, each saleTypical two-bed in Palace Towers Residential Block

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

Rents

Unit 708, each contractTypical two-bed in Palace Towers Residential Block

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Palace Towers Residential Block, and where 708 sits

All 72 2-beds →

2-beds in Palace Towers Residential Block · last 12 months848 /sqft Palace Towers Residential Block · all types906 /sqft

708 last sold in July 2010 at AED 849 per sqft, in line with what two-beds in Palace Towers Residential Block were fetching at the time (AED 827). Over the last 12 months two-beds sold for AED 825,000 to 880,000, around AED 848 per sqft, and rent for AED 35,000 to 85,000 a year. 708's AED 90,000 is at the top of that range.

Recent 2-bed sales	Size	Price (AED)	Per sqft
11 Sep 202611 September 2026	990 sqft	840,000	848
21 Aug 202621 August 2026	990 sqft	860,000	868
5 May 20265 May 2026	990 sqft	880,000	888
6 Apr 20266 April 2026	990 sqft	840,000	848

7 2-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 7th floor

All 424 units in Palace Towers Residential Block


701	1-bed	826 sqft	AED 360KAED 360,000 · Mar 2012March 2012	46,000 /yr
702	Studio	470 sqft	AED 381KAED 381,150 · Oct 2013October 2013	48,000 /yr
703	Studio	459 sqft	AED 380KAED 380,000 · Aug 2013August 2013	40,500 /yr
704	Studio	431 sqft	AED 270KAED 270,000 · Apr 2019April 2019	36,000 /yr
705	2-bed	990 sqft	AED 450KAED 450,000 · Apr 2013April 2013	80,000 /yr
706	Studio	344 sqft	AED 151KAED 151,000 · Jul 2012July 2012	35,000 /yr
707	Studio	344 sqft	AED 220KAED 220,000 · Sep 2022September 2022	34,000 /yr
709	Studio	431 sqft	AED 352KAED 352,000 · Nov 2010November 2010	31,000 /yr
710	1-bed	794 sqft	AED 742KAED 741,983 · Jul 2009July 2009
711	Studio	482 sqft	AED 298KAED 298,000 · Jul 2011July 2011	44,000 /yr
712	Studio	510 sqft	AED 250KAED 250,000 · Feb 2021February 2021	46,000 /yr
713	Studio	510 sqft	AED 240KAED 240,000 · Oct 2011October 2011	43,000 /yr
714	Studio	482 sqft	AED 450KAED 450,000 · Sep 2025September 2025	40,000 /yr
715	1-bed	794 sqft	AED 707KAED 706,650 · Dec 2015December 2015	42,400 /yr
716	Studio	431 sqft	AED 420KAED 420,000 · Oct 2016October 2016	42,692 /yr
717	2-bed	990 sqft	AED 300KAED 300,000 · Feb 2013February 2013
718	Studio	344 sqft	AED 309KAED 308,500 · Feb 2024February 2024	25,000 /yr
719	Studio	344 sqft	AED 440KAED 440,000 · Oct 2025October 2025	34,000 /yr
720	2-bed	990 sqft	AED 840KAED 840,000 · Jan 2026January 2026	84,000 /yr
721	Studio	431 sqft	AED 255KAED 255,000 · Jul 2011July 2011	38,000 /yr
722	Studio	459 sqft	AED 286KAED 286,000 · May 2022May 2022	65,811 /yr
723	Studio	470 sqft	AED 440KAED 440,000 · Mar 2026March 2026	40,000 /yr
724	1-bed	826 sqft	AED 704KAED 703,500 · Aug 2024August 2024	52,000 /yr

1–7 of 23

708, Palace Towers Residential Block in numbers

Sold twice: first on 26 August 2009 for AED 841,050, last on 7 July 2010 for AED 841,050 (AED 849 per sqft).
Rented since July 2013 on 14 Ejari contracts, from AED 55,000 to AED 90,000 a year.
At AED 90,000 a year the gross yield on the 2010 price is 10.7%, before a service charge of about AED 15,900 a year (AED 16.09 per sqft).
Two-beds in Palace Towers Residential Block sold for AED 825,000–880,000 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 November 2025.

Questions about 708, Palace Towers Residential Block

What did unit 708 last sell for?

AED 841,050 on 7 July 2010: AED 849 per sqft for 990 sqft. The unit has 2 registered sales; the first was AED 841,050 in August 2009.

What is the rent for unit 708?

AED 90,000 a year on the contract renewed on 1 November 2025. The previous contract, from November 2025, was AED 66,000; the unit has been rented since July 2013.

How big is unit 708?

990 sqft (92.0 sqm): a two-bedroom apartment on the 7th floor of a 22-storey tower completed in 2009.

What is unit 708 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Palace Towers Residential Block sold for AED 825,000 to 880,000 in the last 12 months, around AED 848 per sqft.

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Mortgage on 708, Palace Towers Residential Block

Starts from the last sale price (AED 841K, 7 July 2010). Switch to today's estimate once you have unlocked it.

Price: AED 841,050
Deposit, UAE resident (20%): AED 168,210
Deposit, non-resident (40%): AED 336,420
Monthly over 25 years at 3.7%: AED 3,441

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