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Studio · 482 sqftPalace Towers Residential Block, Dubai Silicon Oasis · 7th floor · completed 2009

714, Palace Towers Residential Block

Sold prices and rental history: sold 6 times, last in September 2025, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 714 · DLD and Ejari recordsUpdated 15 April 2026
Last soldAED 450K10 September 2025
Current rentAED 40K /yr15 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 714, Palace Towers Residential Block

What is 714 worth today?

Last sold for AED 450,000 in 2025

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15 Apr 2026RentedNew contract
AED 40,000/yr12 months · AED 83 per sqft
10 Sep 2025SoldReady
AED 450,000AED 934 per sqft
15 Apr 2025RentedRenewal
AED 32,670/yr12 months · AED 67 per sqft
15 Apr 2025RentedRenewal
AED 39,000/yr12 months · AED 81 per sqft
15 Apr 2024RentedNew contract
AED 39,000/yr12 months · AED 81 per sqft
20 Feb 2023RentedNew contract
AED 28,000/yr12 months · AED 58 per sqft
16 Dec 2022SoldReady
AED 279,000AED 579 per sqft
15 Oct 2021RentedNew contract
AED 23,000/yr12 months · AED 47 per sqft

Source: Dubai Land Department. Updated 15 April 2026.

Key facts

Type
Studio apartment
Size
482 sqft
Floor
7th of 22
Parking
B2-134
Developer
Tameer Holding Investment
Completed
2009
Service charge
AED 7,800 /yr
Last sold
AED 450K · September 2025
Building
Palace Towers Residential Block

About 714, Palace Towers Residential Block

714 is a studio of 482 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 10 September 2025 for AED 450,000, or AED 934 per sqft, in line with the AED 914 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, signed on 15 April 2026, is AED 40,000 a year: a gross yield of 8.9% on the 2025 price, before the service charge of about AED 7,800 a year.

Sales and rents for 714 over time

Sales
Unit 714, each saleTypical studio in Palace Towers Residential Block
200K400K2009201420192024Typical 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 397,980 (AED 826 per sqft)Sold, June 2010: AED 397,980 (AED 826 per sqft)Sold, January 2012: AED 245,000 (AED 508 per sqft)Sold, March 2018: AED 390,000 (AED 809 per sqft)Sold, December 2022: AED 279,000 (AED 579 per sqft)Sold, September 2025: AED 450,000 (AED 934 per sqft)

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

Rents
Unit 714, 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, January 2013: AED 29,000 a yearNew contract, February 2014: AED 48,000 a yearNew contract, February 2015: AED 48,000 a yearNew contract, April 2018: AED 38,000 a yearRenewal, April 2019: AED 35,000 a yearRenewal, April 2020: AED 30,000 a yearNew contract, September 2020: AED 25,000 a yearNew contract, October 2021: AED 23,000 a yearNew contract, February 2023: AED 28,000 a yearNew contract, April 2024: AED 39,000 a yearRenewal, April 2025: AED 32,670 a yearRenewal, April 2025: AED 39,000 a yearNew contract, April 2026: 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 714 sits

All 280 studios →

714 last sold in September 2025 at AED 934 per sqft, in line with what studios in Palace Towers Residential Block were fetching at the time (AED 914). 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. 714'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
9.2%
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
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

714, Palace Towers Residential Block in numbers

  • Sold 6 times: first on 23 July 2009 for AED 397,980, last on 10 September 2025 for AED 450,000 (AED 934 per sqft).
  • Rented since January 2013 on 13 Ejari contracts. The rent fell from AED 29,000 to AED 23,000 in 2021 and recovered to AED 40,000 by April 2026.
  • At AED 40,000 a year the gross yield on the 2025 price is 8.9%, before a service charge of about AED 7,800 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 April 2026.

Questions about 714, Palace Towers Residential Block

What did unit 714 last sell for?

AED 450,000 on 10 September 2025: AED 934 per sqft for 482 sqft. The unit has 6 registered sales; the first was AED 397,980 in July 2009.

What is the rent for unit 714?

AED 40,000 a year on the contract signed on 15 April 2026. The previous contract, from April 2025, was AED 32,670; the unit has been rented since January 2013.

How big is unit 714?

482 sqft (44.8 sqm): a studio on the 7th floor of a 22-storey tower completed in 2009.

What is unit 714 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 714, Palace Towers Residential Block

Starts from the last sale price (AED 450K, 10 September 2025). Switch to today's estimate once you have unlocked it.
Price
AED 450,000
Deposit, UAE resident (20%)
AED 90,000
Deposit, non-resident (40%)
AED 180,000
Monthly over 25 years at 3.7%
AED 1,841

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