Studio · 344 sqftPalace Towers Residential Block, Dubai Silicon Oasis · 7th floor · completed 2009

719, Palace Towers Residential Block

Sold prices and rental history: sold 5 times, last in October 2025, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 719 · DLD and Ejari recordsUpdated 24 October 2026
Last soldAED 440K18 October 2025
Current rentAED 34K /yr24 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 719, Palace Towers Residential Block

What is 719 worth today?

Last sold for AED 440,000 in 2025

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24 Oct 2026RentedRenewal
AED 34,000/yr12 months · AED 99 per sqft
13 Jun 2026RentedNew contract
AED 48,000/yr12 months · AED 139 per sqft
24 Oct 2025RentedNew contract
AED 53,000/yr12 months · AED 154 per sqft
18 Oct 2025SoldReady
AED 440,000AED 1,280 per sqft
20 May 2024SoldReady
AED 475,000AED 1,382 per sqft
8 Nov 2022SoldReady
AED 255,000AED 741 per sqft
16 Dec 2010SoldReady
AED 302,000AED 878 per sqft
23 Jul 2009Sold by developerOff-plan
AED 302,000AED 878 per sqft

Source: Dubai Land Department. Updated 24 October 2026.

Key facts

Type
Studio apartment
Size
344 sqft
Floor
7th of 22
Parking
B1-77
Developer
Tameer Holding Investment
Completed
2009
Service charge
AED 5,500 /yr
Last sold
AED 440K · October 2025

About 719, Palace Towers Residential Block

719 is a studio of 344 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 18 October 2025 for AED 440,000, or AED 1,280 per sqft, 39% above the AED 920 studios in the building were fetching at the time.

It has been rented since 2025 on 3 Ejari contracts. The current contract, renewed on 24 October 2026, is AED 34,000 a year: a gross yield of 7.7% on the 2025 price, before the service charge of about AED 5,500 a year.

Sales and rents for 719 over time

Sales
Unit 719, 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 302,000 (AED 878 per sqft)Sold, December 2010: AED 302,000 (AED 878 per sqft)Sold, November 2022: AED 255,000 (AED 741 per sqft)Sold, May 2024: AED 475,000 (AED 1,382 per sqft)Sold, October 2025: AED 440,000 (AED 1,280 per sqft)

719 has sold 5 times; the dashed line is the studio median of each year in the building.

Rents
Unit 719, 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, October 2025: AED 53,000 a yearNew contract, June 2026: AED 48,000 a yearRenewal, October 2026: AED 34,000 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 719 sits

All 280 studios →

719 last sold in October 2025 at AED 1,280 per sqft, 39% above what studios in Palace Towers Residential Block were fetching at the time (AED 920). 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. 719's AED 34,000 is in the lower 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 →
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

719, Palace Towers Residential Block in numbers

  • Sold 5 times: first on 23 July 2009 for AED 302,000, last on 18 October 2025 for AED 440,000 (AED 1,280 per sqft).
  • Rented since October 2025 on 3 Ejari contracts, from AED 53,000 to AED 34,000 a year.
  • At AED 34,000 a year the gross yield on the 2025 price is 7.7%, before a service charge of about AED 5,500 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 24 October 2026.

Questions about 719, Palace Towers Residential Block

What did unit 719 last sell for?

AED 440,000 on 18 October 2025: AED 1,280 per sqft for 344 sqft. The unit has 5 registered sales; the first was AED 302,000 in July 2009.

What is the rent for unit 719?

AED 34,000 a year on the contract renewed on 24 October 2026. The previous contract, from June 2026, was AED 48,000; the unit has been rented since October 2025.

How big is unit 719?

344 sqft (32.0 sqm): a studio on the 7th floor of a 22-storey tower completed in 2009.

What is unit 719 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 719, Palace Towers Residential Block

Starts from the last sale price (AED 440K, 18 October 2025). Switch to today's estimate once you have unlocked it.
Price
AED 440,000
Deposit, UAE resident (20%)
AED 88,000
Deposit, non-resident (40%)
AED 176,000
Monthly over 25 years at 3.7%
AED 1,800

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