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Studio · 470 sqftPalace Towers Residential Block, Dubai Silicon Oasis · 9th floor · completed 2009

902, Palace Towers Residential Block

Sold prices and rental history: sold 4 times, last in July 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 902 · DLD and Ejari recordsUpdated 16 July 2017
Last soldAED 375K16 July 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 902, Palace Towers Residential Block

What is 902 worth today?

Last sold for AED 375,000 in 2017

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16 Jul 2017SoldReady
AED 375,000AED 797 per sqft
13 Aug 2014SoldReady
AED 350,000AED 744 per sqft
1 Nov 2010SoldReady
AED 385,350AED 819 per sqft
26 Jul 2009Sold by developerOff-plan
AED 385,350AED 819 per sqft

Source: Dubai Land Department. Updated 16 July 2017.

Key facts

Type
Studio apartment
Size
470 sqft
Floor
9th of 22
Parking
B1-5
Developer
Tameer Holding Investment
Completed
2009
Service charge
AED 7,600 /yr
Last sold
AED 375K · July 2017
Building
Palace Towers Residential Block

About 902, Palace Towers Residential Block

902 is a studio of 470 sqft on the 9th 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 16 July 2017 for AED 375,000, or AED 797 per sqft, 15% below the AED 934 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 902 over time

Sales
Unit 902, 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 385,350 (AED 819 per sqft)Sold, November 2010: AED 385,350 (AED 819 per sqft)Sold, August 2014: AED 350,000 (AED 744 per sqft)Sold, July 2017: AED 375,000 (AED 797 per sqft)

902 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 902, 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 39,000

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 902 sits

All 280 studios →

902 last sold in July 2017 at AED 797 per sqft, 15% below what studios in Palace Towers Residential Block were fetching at the time (AED 934). 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.

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 9th floor

All 424 units in Palace Towers Residential Block
Value
9011-bedAED 636K · Jun 2010
903StudioAED 330K · Oct 2024
904StudioAED 320K · Sep 2023
9052-bedAED 450K · Nov 2021
906StudioAED 300K · Aug 2023
907StudioAED 415K · Jan 2015
9082-bedAED 453K · May 2021
1–7 of 23

902, Palace Towers Residential Block in numbers

  • Sold 4 times: first on 26 July 2009 for AED 385,350, last on 16 July 2017 for AED 375,000 (AED 797 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 16 July 2017.

Questions about 902, Palace Towers Residential Block

What did unit 902 last sell for?

AED 375,000 on 16 July 2017: AED 797 per sqft for 470 sqft. The unit has 4 registered sales; the first was AED 385,350 in July 2009.

How big is unit 902?

470 sqft (43.7 sqm): a studio on the 9th floor of a 22-storey tower completed in 2009.

What is unit 902 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 902, Palace Towers Residential Block

Starts from the last sale price (AED 375K, 16 July 2017). 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 →