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

820, Palace Towers Residential Block

Sold prices and rental history: sold 3 times, last in January 2026, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 820 · DLD and Ejari recordsUpdated 1 August 2026
Last soldAED 875K2 January 2026
Current rentAED 75K /yr1 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 820, Palace Towers Residential Block

What is 820 worth today?

Last sold for AED 875,000 in 2026

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1 Aug 2026RentedNew contract
AED 75,000/yr12 months · AED 76 per sqft
2 Jan 2026SoldReady
AED 875,000AED 883 per sqft
8 Dec 2021RentedRenewal
AED 38,000/yr12 months · AED 38 per sqft
8 Dec 2020RentedNew contract
AED 38,000/yr12 months · AED 38 per sqft
3 Nov 2017RentedRenewal
AED 72,386/yr12 months · AED 73 per sqft
1 Nov 2016RentedNew contract
AED 74,586/yr12 months · AED 75 per sqft
3 Oct 2014RentedRenewal
AED 100,000/yr24 months · AED 101 per sqft
2 Oct 2013RentedNew contract
AED 74,799/yr12 months · AED 76 per sqft

Source: Dubai Land Department. Updated 1 August 2026.

Key facts

Type
2-bed apartment
Size
990 sqft
Floor
8th of 22
Parking
L1-119
Developer
Tameer Holding Investment
Completed
2009
Service charge
AED 15,900 /yr
Last sold
AED 875K · January 2026
Building
Palace Towers Residential Block

About 820, Palace Towers Residential Block

820 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 2 January 2026 for AED 875,000, or AED 883 per sqft, 6% above the AED 833 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, signed on 1 August 2026, is AED 75,000 a year: a gross yield of 8.6% on the 2026 price, before the service charge of about AED 15,900 a year.

Sales and rents for 820 over time

Sales
Unit 820, 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, July 2009: AED 421,150 (AED 425 per sqft)Sold, September 2010: AED 421,575 (AED 425 per sqft)Sold, January 2026: AED 875,000 (AED 883 per sqft)

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

Rents
Unit 820, each contractTypical two-bed in Palace Towers Residential Block
50K100K2012201620202024Typical 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, October 2012: AED 65,000 a yearNew contract, October 2013: AED 74,799 a yearRenewal, October 2014: AED 100,000 a yearNew contract, November 2016: AED 74,586 a yearRenewal, November 2017: AED 72,386 a yearNew contract, December 2020: AED 38,000 a yearRenewal, December 2021: AED 38,000 a yearNew contract, August 2026: 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 820 sits

All 72 2-beds →

820 last sold in January 2026 at AED 883 per sqft, 6% above what two-beds in Palace Towers Residential Block were fetching at the time (AED 833). 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. 820'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
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
9.3%
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
804StudioAED 317K · May 2013
8052-bedAED 720K · Jul 2013
806StudioAED 370K · Jul 2015
807StudioAED 304K · Jul 2010
1–7 of 23

820, Palace Towers Residential Block in numbers

  • Sold 3 times: first on 23 July 2009 for AED 421,150, last on 2 January 2026 for AED 875,000 (AED 883 per sqft).
  • Rented since October 2012 on 8 Ejari contracts. The rent fell from AED 65,000 to AED 38,000 in 2021 and recovered to AED 75,000 by August 2026.
  • At AED 75,000 a year the gross yield on the 2026 price is 8.6%, 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 August 2026.

Questions about 820, Palace Towers Residential Block

What did unit 820 last sell for?

AED 875,000 on 2 January 2026: AED 883 per sqft for 990 sqft. The unit has 3 registered sales; the first was AED 421,150 in July 2009.

What is the rent for unit 820?

AED 75,000 a year on the contract signed on 1 August 2026. The previous contract, from December 2021, was AED 38,000; the unit has been rented since October 2012.

How big is unit 820?

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

What is unit 820 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 820, Palace Towers Residential Block

Starts from the last sale price (AED 875K, 2 January 2026). Switch to today's estimate once you have unlocked it.
Price
AED 875,000
Deposit, UAE resident (20%)
AED 175,000
Deposit, non-resident (40%)
AED 350,000
Monthly over 25 years at 3.7%
AED 3,580

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