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

808, Palace Towers Residential Block

Sold prices and rental history: sold 4 times, last in May 2026, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 808 · DLD and Ejari recordsUpdated 5 May 2026
Last soldAED 880K5 May 2026
Current rentAED 75K /yr15 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 808, Palace Towers Residential Block

What is 808 worth today?

Last sold for AED 880,000 in 2026

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5 May 2026SoldReady
AED 880,000AED 888 per sqft
15 Nov 2024RentedRenewal
AED 75,000/yr12 months · AED 76 per sqft
15 Nov 2022RentedNew contract
AED 57,000/yr12 months · AED 58 per sqft
17 Oct 2022SoldReady
AED 485,000AED 489 per sqft
15 Sep 2021RentedNew contract
AED 46,000/yr12 months · AED 46 per sqft
12 Jun 2018RentedRenewal
AED 70,000/yr12 months · AED 71 per sqft
12 Jun 2017RentedNew contract
AED 70,000/yr12 months · AED 71 per sqft
7 Jul 2010SoldReady
AED 843,150AED 851 per sqft

Source: Dubai Land Department. Updated 5 May 2026.

Key facts

Type
2-bed apartment
Size
990 sqft
Floor
8th of 22
Parking
B1-29
Developer
Tameer Holding Investment
Completed
2009
Service charge
AED 15,900 /yr
Last sold
AED 880K · May 2026

About 808, Palace Towers Residential Block

808 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 5 May 2026 for AED 880,000, or AED 888 per sqft, 6% above the AED 841 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 15 November 2024, is AED 75,000 a year: a gross yield of 8.5% on the 2026 price, before the service charge of about AED 15,900 a year.

Sales and rents for 808 over time

Sales
Unit 808, each saleTypical two-bed in Palace Towers Residential Block
400K600K800K2009201420192024Typical 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, July 2009: AED 843,150 (AED 851 per sqft)Sold, July 2010: AED 843,150 (AED 851 per sqft)Sold, October 2022: AED 485,000 (AED 489 per sqft)Sold, May 2026: AED 880,000 (AED 888 per sqft)

808 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 808, each contractTypical two-bed in Palace Towers Residential Block
40K60K80K2012201620202024Typical 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, June 2017: AED 70,000 a yearRenewal, June 2018: AED 70,000 a yearNew contract, September 2021: AED 46,000 a yearNew contract, November 2022: AED 57,000 a yearRenewal, November 2024: AED 75,000 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 808 sits

All 72 2-beds →

808 last sold in May 2026 at AED 888 per sqft, 6% above what two-beds in Palace Towers Residential Block were fetching at the time (AED 841). 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. 808's AED 75,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
11 Sep 2026840,000
21 Aug 2026860,000
6 Apr 2026840,000
16 Jan 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 →
Value
8011-bedAED 620K · Apr 2025
802StudioAED 350K · Mar 2024
803StudioAED 345K · May 2011
804StudioAED 317K · May 2013
8052-bedAED 720K · Jul 2013
806StudioAED 370K · Jul 2015
807StudioAED 304K · Jul 2010
1–7 of 23

808, Palace Towers Residential Block in numbers

  • Sold 4 times: first on 23 July 2009 for AED 843,150, last on 5 May 2026 for AED 880,000 (AED 888 per sqft).
  • Rented since June 2017 on 5 Ejari contracts. The rent fell from AED 70,000 to AED 46,000 in 2021 and recovered to AED 75,000 by November 2024.
  • At AED 75,000 a year the gross yield on the 2026 price is 8.5%, 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 5 May 2026.

Questions about 808, Palace Towers Residential Block

What did unit 808 last sell for?

AED 880,000 on 5 May 2026: AED 888 per sqft for 990 sqft. The unit has 4 registered sales; the first was AED 843,150 in July 2009.

What is the rent for unit 808?

AED 75,000 a year on the contract renewed on 15 November 2024. The previous contract, from November 2022, was AED 57,000; the unit has been rented since June 2017.

How big is unit 808?

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

What is unit 808 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 808, Palace Towers Residential Block

Starts from the last sale price (AED 880K, 5 May 2026). Switch to today's estimate once you have unlocked it.
Price
AED 880,000
Deposit, UAE resident (20%)
AED 176,000
Deposit, non-resident (40%)
AED 352,000
Monthly over 25 years at 3.7%
AED 3,600

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