Studio · 459 sqftPalace Towers Residential Block, Dubai Silicon Oasis · 8th floor · completed 2009

822, Palace Towers Residential Block

Sold prices and rental history: sold twice, last in December 2011, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 822 · DLD and Ejari recordsUpdated 1 December 2020

Last soldAED 375K29 December 2011

Current rentAED 20K /yr1 December 2020

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 822, Palace Towers Residential Block

Today

What is 822 worth today?

Last sold for AED 375,000 in 2011

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1 Dec 2020

1 Dec 2020RentedNew contract

AED 20,000/yr12 months · AED 43 per sqft

1 Jul 2018

1 Jul 2018RentedNew contract

AED 35,000/yr12 months · AED 76 per sqft

29 Dec 2011

29 Dec 2011SoldReady

AED 375,000AED 816 per sqft

23 Jul 2009

23 Jul 2009Sold by developerOff-plan

AED 375,000AED 816 per sqft

Source: Dubai Land Department. Updated 1 December 2020.

Key facts

Type: Studio apartment
Size: 459 sqft
Floor: 8th of 22
Parking: L1-109
Developer: Tameer Holding Investment
Completed: 2009
Service charge: AED 7,400 /yr
Last sold: AED 375K · December 2011
Building: Palace Towers Residential Block

About 822, Palace Towers Residential Block

822 is a studio of 459 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 29 December 2011 for AED 375,000, or AED 816 per sqft, in line with the AED 825 studios in the building were fetching at the time.

It has been rented since 2018 on 2 Ejari contracts. The current contract, signed on 1 December 2020, is AED 20,000 a year: a gross yield of 5.3% on the 2011 price, before the service charge of about AED 7,400 a year.

Sales and rents for 822 over time

Sales

Unit 822, each saleTypical studio in Palace Towers Residential Block

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

Rents

Unit 822, each contractTypical studio in Palace Towers Residential Block

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 822 sits

All 280 studios →

Studios in Palace Towers Residential Block · last 12 months962 /sqft Palace Towers Residential Block · all types906 /sqft

822 last sold in December 2011 at AED 816 per sqft, in line with what studios in Palace Towers Residential Block were fetching at the time (AED 825). 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. 822's AED 20,000 is in the lower half of that range.

Recent studio sales	Size	Price (AED)	Per sqft
5 Oct 20265 October 2026	344 sqft	395,000	1,149
1 Oct 20261 October 2026	470 sqft	435,000	924
20 Aug 202620 August 2026	344 sqft	390,000	1,134
21 Jul 202621 July 2026	459 sqft	445,000	969

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 →

Other units on the 8th floor

All 424 units in Palace Towers Residential Block


801	1-bed	826 sqft	AED 620KAED 620,000 · Apr 2025April 2025	57,000 /yr
802	Studio	470 sqft	AED 350KAED 350,000 · Mar 2024March 2024	45,000 /yr
803	Studio	459 sqft	AED 345KAED 345,000 · May 2011May 2011	46,800 /yr
804	Studio	431 sqft	AED 317KAED 316,875 · May 2013May 2013	34,650 /yr
805	2-bed	990 sqft	AED 720KAED 720,000 · Jul 2013July 2013	73,000 /yr
806	Studio	344 sqft	AED 370KAED 370,000 · Jul 2015July 2015	29,040 /yr
807	Studio	344 sqft	AED 304KAED 304,000 · Jul 2010July 2010	38,000 /yr
808	2-bed	990 sqft	AED 880KAED 880,000 · May 2026May 2026	75,000 /yr
809	Studio	431 sqft	AED 354KAED 354,000 · Jul 2010July 2010	34,903 /yr
810	1-bed	794 sqft	AED 596KAED 595,500 · Oct 2013October 2013	56,000 /yr
811	Studio	482 sqft	AED 396KAED 395,920 · Jun 2010June 2010	20,000 /yr
812	Studio	510 sqft	AED 200KAED 200,000 · Feb 2012February 2012	40,000 /yr
813	Studio	510 sqft	AED 200KAED 200,000 · Feb 2012February 2012	38,000 /yr
814	Studio	482 sqft	AED 396KAED 395,920 · Jun 2010June 2010	31,531 /yr
815	1-bed	794 sqft	AED 724KAED 724,000 · Jun 2015June 2015	52,000 /yr
816	Studio	431 sqft	AED 285KAED 285,000 · Mar 2012March 2012	38,000 /yr
817	2-bed	990 sqft	AED 535KAED 535,000 · Sep 2019September 2019	70,000 /yr
818	Studio	344 sqft	AED 298KAED 297,920 · Feb 2011February 2011	42,000 /yr
819	Studio	344 sqft	AED 400KAED 400,000 · Feb 2025February 2025	39,000 /yr
820	2-bed	990 sqft	AED 875KAED 875,000 · Jan 2026January 2026	75,000 /yr
821	Studio	431 sqft	AED 440KAED 440,000 · Feb 2026February 2026	46,000 /yr
823	Studio	470 sqft	AED 165KAED 165,000 · Apr 2011April 2011	42,000 /yr
824	1-bed	826 sqft	AED 480KAED 480,000 · Jun 2021June 2021	55,000 /yr

1–7 of 23

822, Palace Towers Residential Block in numbers

Sold twice: first on 23 July 2009 for AED 375,000, last on 29 December 2011 for AED 375,000 (AED 816 per sqft).
Rented since July 2018 on 2 Ejari contracts, from AED 35,000 to AED 20,000 a year.
At AED 20,000 a year the gross yield on the 2011 price is 5.3%, before a service charge of about AED 7,400 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 1 December 2020.

Questions about 822, Palace Towers Residential Block

What did unit 822 last sell for?

AED 375,000 on 29 December 2011: AED 816 per sqft for 459 sqft. The unit has 2 registered sales; the first was AED 375,000 in July 2009.

What is the rent for unit 822?

AED 20,000 a year on the contract signed on 1 December 2020. The previous contract, from July 2018, was AED 35,000.

How big is unit 822?

459 sqft (42.6 sqm): a studio on the 8th floor of a 22-storey tower completed in 2009.

What is unit 822 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 822, Palace Towers Residential Block

Starts from the last sale price (AED 375K, 29 December 2011). Switch to today's estimate once you have unlocked it.

Price: AED 375,000
Deposit, UAE resident (20%): AED 75,000
Deposit, non-resident (40%): AED 150,000
Monthly over 25 years at 3.7%: AED 1,534

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