1-bed · 794 sqftPalace Towers Residential Block, Dubai Silicon Oasis · 7th floor · completed 2009

710, Palace Towers Residential Block

Sold prices and rental history: sold once, by the developer in July 2009, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 710 · DLD and Ejari recordsUpdated 23 July 2009
Last soldAED 742K23 July 2009
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 710, Palace Towers Residential Block

What is 710 worth today?

Last sold for AED 741,983 in 2009

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23 Jul 2009Sold by developerOff-plan
AED 741,983AED 934 per sqft

Source: Dubai Land Department. Updated 23 July 2009.

Key facts

Type
1-bed apartment
Size
794 sqft
Floor
7th of 22
Parking
L3-27
Developer
Tameer Holding Investment
Completed
2009
Service charge
AED 12,800 /yr
Last sold
AED 742K · July 2009

About 710, Palace Towers Residential Block

710 is a one-bedroom apartment of 794 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. The developer sold it on 23 July 2009 for AED 741,983, or AED 934 per sqft, 16% above the AED 807 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 710 over time

Sales
Unit 710, each saleTypical one-bed in Palace Towers Residential Block
400K600K800K2009201420192024Typical 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 741,983 (AED 934 per sqft)

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

Rents
Unit 710, 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 53,000

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 710 sits

All 72 1-beds →

710 last sold in July 2009 at AED 934 per sqft, 16% above what one-beds in Palace Towers Residential Block were fetching at the time (AED 807). 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.

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 →
Value
7011-bedAED 360K · Mar 2012
702StudioAED 381K · Oct 2013
703StudioAED 380K · Aug 2013
704StudioAED 270K · Apr 2019
7052-bedAED 450K · Apr 2013
706StudioAED 151K · Jul 2012
707StudioAED 220K · Sep 2022
1–7 of 23

710, Palace Towers Residential Block in numbers

  • Sold once: by Tameer Holding Investment on 23 July 2009 for AED 741,983, or AED 934 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 23 July 2009.

Questions about 710, Palace Towers Residential Block

What did unit 710 last sell for?

AED 741,983 on 23 July 2009, sold by the developer: AED 934 per sqft for 794 sqft. It is the only registered sale of the unit.

How big is unit 710?

794 sqft (73.8 sqm): a one-bedroom apartment on the 7th floor of a 22-storey tower completed in 2009.

What is unit 710 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 710, Palace Towers Residential Block

Starts from the last sale price (AED 742K, 23 July 2009). Switch to today's estimate once you have unlocked it.
Price
AED 741,983
Deposit, UAE resident (20%)
AED 148,397
Deposit, non-resident (40%)
AED 296,793
Monthly over 25 years at 3.7%
AED 3,036

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