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Studio · 431 sqftPalace Towers Residential Block, Dubai Silicon Oasis · 8th floor · completed 2009

804, Palace Towers Residential Block

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

Unit 804 · DLD and Ejari recordsUpdated 2 October 2026
Last soldAED 317K20 May 2013
Current rentAED 35K /yr2 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 804, Palace Towers Residential Block

What is 804 worth today?

Last sold for AED 316,875 in 2013

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2 Oct 2026RentedRenewal
AED 34,650/yr12 months · AED 80 per sqft
2 Oct 2025RentedRenewal
AED 33,000/yr12 months · AED 77 per sqft
2 Oct 2024RentedRenewal
AED 32,000/yr12 months · AED 74 per sqft
2 Oct 2023RentedRenewal
AED 24,000/yr12 months · AED 56 per sqft
2 Oct 2022RentedRenewal
AED 21,000/yr12 months · AED 49 per sqft
2 Oct 2021RentedRenewal
AED 21,000/yr12 months · AED 49 per sqft
2 Oct 2020RentedRenewal
AED 22,000/yr12 months · AED 51 per sqft
2 Oct 2019RentedNew contract
AED 28,000/yr12 months · AED 65 per sqft

Source: Dubai Land Department. Updated 2 October 2026.

Key facts

Type
Studio apartment
Size
431 sqft
Floor
8th of 22
Parking
B2-12
Developer
Tameer Holding Investment
Completed
2009
Service charge
AED 6,900 /yr
Last sold
AED 317K · May 2013
Building
Palace Towers Residential Block

About 804, Palace Towers Residential Block

804 is a studio of 431 sqft on the 8th 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 20 May 2013 for AED 316,875, or AED 734 per sqft, 11% above the AED 663 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 2 October 2026, is AED 34,650 a year: a gross yield of 10.9% on the 2013 price, before the service charge of about AED 6,900 a year.

Sales and rents for 804 over time

Sales
Unit 804, each saleTypical studio in Palace Towers Residential Block
200K300K400K2009201420192024Typical 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 316,875 (AED 734 per sqft)Sold, May 2013: AED 316,875 (AED 734 per sqft)

804 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 804, each contractTypical studio in Palace Towers Residential Block
20K30K40K2012201620202024Typical 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, June 2013: AED 35,000 a yearNew contract, June 2014: AED 40,000 a yearNew contract, October 2019: AED 28,000 a yearRenewal, October 2020: AED 22,000 a yearRenewal, October 2021: AED 21,000 a yearRenewal, October 2022: AED 21,000 a yearRenewal, October 2023: AED 24,000 a yearRenewal, October 2024: AED 32,000 a yearRenewal, October 2025: AED 33,000 a yearRenewal, October 2026: AED 34,650 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 804 sits

All 280 studios →

804 last sold in May 2013 at AED 734 per sqft, 11% above what studios in Palace Towers Residential Block were fetching at the time (AED 663). 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. 804's AED 34,650 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
9.3%
Palace Towers Residential Block, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 8th floor

All 424 units in Palace Towers Residential Block
Value
8011-bedAED 620K · Apr 2025
802StudioAED 350K · Mar 2024
803StudioAED 345K · May 2011
8052-bedAED 720K · Jul 2013
806StudioAED 370K · Jul 2015
807StudioAED 304K · Jul 2010
8082-bedAED 880K · May 2026
1–7 of 23

804, Palace Towers Residential Block in numbers

  • Sold twice: first on 23 July 2009 for AED 316,875, last on 20 May 2013 for AED 316,875 (AED 734 per sqft).
  • Rented since June 2013 on 10 Ejari contracts. The rent fell from AED 35,000 to AED 21,000 in 2022 and recovered to AED 34,650 by October 2026.
  • At AED 34,650 a year the gross yield on the 2013 price is 10.9%, before a service charge of about AED 6,900 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 2 October 2026.

Questions about 804, Palace Towers Residential Block

What did unit 804 last sell for?

AED 316,875 on 20 May 2013: AED 734 per sqft for 431 sqft. The unit has 2 registered sales; the first was AED 316,875 in July 2009.

What is the rent for unit 804?

AED 34,650 a year on the contract renewed on 2 October 2026. The previous contract, from October 2025, was AED 33,000; the unit has been rented since June 2013.

How big is unit 804?

431 sqft (40.0 sqm): a studio on the 8th floor of a 22-storey tower completed in 2009.

What is unit 804 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 804, Palace Towers Residential Block

Starts from the last sale price (AED 317K, 20 May 2013). Switch to today's estimate once you have unlocked it.
Price
AED 316,875
Deposit, UAE resident (20%)
AED 63,375
Deposit, non-resident (40%)
AED 126,750
Monthly over 25 years at 3.7%
AED 1,296

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