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2-bed · 990 sqftPalace Towers Residential Block, Dubai Silicon Oasis · 8th floor · completed 2009

805, Palace Towers Residential Block

Sold prices and rental history: sold 3 times, last in July 2013, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 805 · DLD and Ejari recordsUpdated 1 December 2025
Last soldAED 720K31 July 2013
Current rentAED 58K /yr1 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 805, Palace Towers Residential Block

What is 805 worth today?

Last sold for AED 720,000 in 2013

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1 Dec 2025RentedRenewal
AED 58,000/yr12 months · AED 59 per sqft
1 Dec 2025RentedRenewal
AED 58,000/yr12 months · AED 59 per sqft
1 Dec 2025RentedNew contract
AED 73,000/yr12 months · AED 74 per sqft
1 Dec 2024RentedRenewal
AED 66,150/yr12 months · AED 67 per sqft
1 Dec 2023RentedNew contract
AED 63,000/yr12 months · AED 64 per sqft
6 Nov 2022RentedNew contract
AED 59,000/yr12 months · AED 60 per sqft
30 Jun 2021RentedRenewal
AED 44,875/yr12 months · AED 46 per sqft
30 Jun 2020RentedRenewal
AED 48,000/yr12 months · AED 48 per sqft

Source: Dubai Land Department. Updated 1 December 2025.

Key facts

Type
2-bed apartment
Size
990 sqft
Floor
8th of 22
Parking
B1-241
Developer
Tameer Holding Investment
Completed
2009
Service charge
AED 15,900 /yr
Last sold
AED 720K · July 2013
Building
Palace Towers Residential Block

About 805, Palace Towers Residential Block

805 is a two-bedroom apartment of 990 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 31 July 2013 for AED 720,000, or AED 727 per sqft, 7% above the AED 680 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 12 Ejari contracts. The current contract, renewed on 1 December 2025, is AED 58,000 a year: a gross yield of 8.1% on the 2013 price, before the service charge of about AED 15,900 a year.

Sales and rents for 805 over time

Sales
Unit 805, each saleTypical two-bed in Palace Towers Residential Block
500K750K2009201420192024Typical sale price by year: 2009 AED 838,950; 2010 AED 815,000; 2011 AED 805,000; 2012 AED 500,000; 2013 AED 720,000; 2014 AED 850,000; 2015 AED 855,000; 2018 AED 650,000; 2019 AED 580,000; 2021 AED 454,000; 2022 AED 485,000; 2023 AED 570,000; 2024 AED 670,000; 2025 AED 820,000; 2026 AED 850,000Sold by developer, August 2009: AED 820,050 (AED 828 per sqft)Sold, July 2010: AED 410,025 (AED 414 per sqft)Sold, July 2013: AED 720,000 (AED 727 per sqft)

805 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 805, each contractTypical two-bed in Palace Towers Residential Block
50K75K2012201620202024Typical rent by year: 2012 AED 55,000; 2013 AED 58,524; 2014 AED 73,500; 2015 AED 81,000; 2016 AED 79,558; 2017 AED 70,000; 2018 AED 65,000; 2019 AED 55,000; 2020 AED 50,000; 2021 AED 42,000; 2022 AED 49,450; 2023 AED 55,000; 2024 AED 63,000; 2025 AED 65,464; 2026 AED 70,000New contract, March 2015: AED 90,000 a yearNew contract, April 2016: AED 60,000 a yearNew contract, May 2017: AED 64,000 a yearNew contract, June 2019: AED 53,000 a yearRenewal, June 2020: AED 48,000 a yearRenewal, June 2021: AED 44,875 a yearNew contract, November 2022: AED 59,000 a yearNew contract, December 2023: AED 63,000 a yearRenewal, December 2024: AED 66,150 a yearRenewal, December 2025: AED 58,000 a yearRenewal, December 2025: AED 58,000 a yearNew contract, December 2025: AED 73,000 a year

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 805 sits

All 72 2-beds →

805 last sold in July 2013 at AED 727 per sqft, 7% above what two-beds in Palace Towers Residential Block were fetching at the time (AED 680). 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. 805's AED 58,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
11 Sep 2026840,000
21 Aug 2026860,000
5 May 2026880,000
6 Apr 2026840,000
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 8th floor

All 424 units in Palace Towers Residential Block
Value
8011-bedAED 620K · Apr 2025
802StudioAED 350K · Mar 2024
803StudioAED 345K · May 2011
804StudioAED 317K · May 2013
806StudioAED 370K · Jul 2015
807StudioAED 304K · Jul 2010
8082-bedAED 880K · May 2026
1–7 of 23

805, Palace Towers Residential Block in numbers

  • Sold 3 times: first on 26 August 2009 for AED 820,050, last on 31 July 2013 for AED 720,000 (AED 727 per sqft).
  • Rented since March 2015 on 12 Ejari contracts. The rent fell from AED 90,000 to AED 44,875 in 2021 and recovered to AED 58,000 by December 2025.
  • At AED 58,000 a year the gross yield on the 2013 price is 8.1%, 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 December 2025.

Questions about 805, Palace Towers Residential Block

What did unit 805 last sell for?

AED 720,000 on 31 July 2013: AED 727 per sqft for 990 sqft. The unit has 3 registered sales; the first was AED 820,050 in August 2009.

What is the rent for unit 805?

AED 58,000 a year on the contract renewed on 1 December 2025. The previous contract, from December 2025, was AED 58,000; the unit has been rented since March 2015.

How big is unit 805?

990 sqft (92.0 sqm): a two-bedroom apartment on the 8th floor of a 22-storey tower completed in 2009.

What is unit 805 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 805, Palace Towers Residential Block

Starts from the last sale price (AED 720K, 31 July 2013). Switch to today's estimate once you have unlocked it.
Price
AED 720,000
Deposit, UAE resident (20%)
AED 144,000
Deposit, non-resident (40%)
AED 288,000
Monthly over 25 years at 3.7%
AED 2,946

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