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Studio · 431 sqftPalace Towers Residential Block, Dubai Silicon Oasis · 9th floor · completed 2009

904, Palace Towers Residential Block

Sold prices and rental history: sold 4 times, last in September 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 904 · DLD and Ejari recordsUpdated 21 September 2025
Last soldAED 320K27 September 2023
Current rentAED 35K /yr21 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 904, Palace Towers Residential Block

What is 904 worth today?

Last sold for AED 320,000 in 2023

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21 Sep 2025RentedNew contract
AED 35,000/yr12 months · AED 81 per sqft
27 Sep 2023SoldReady
AED 320,000AED 741 per sqft
12 Apr 2022RentedNew contract
AED 21,000/yr12 months · AED 49 per sqft
21 Sep 2020RentedNew contract
AED 25,000/yr12 months · AED 58 per sqft
24 Nov 2019SoldReady
AED 275,000AED 637 per sqft
1 Sep 2018RentedNew contract
AED 35,000/yr12 months · AED 81 per sqft
5 Apr 2010SoldReady
AED 327,000AED 758 per sqft
26 Jul 2009Sold by developerOff-plan
AED 327,000AED 758 per sqft

Source: Dubai Land Department. Updated 21 September 2025.

Key facts

Type
Studio apartment
Size
431 sqft
Floor
9th of 22
Parking
P1-28
Developer
Tameer Holding Investment
Completed
2009
Service charge
AED 6,900 /yr
Last sold
AED 320K · September 2023
Building
Palace Towers Residential Block

About 904, Palace Towers Residential Block

904 is a studio of 431 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 27 September 2023 for AED 320,000, or AED 741 per sqft, 16% above the AED 637 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 21 September 2025, is AED 35,000 a year: a gross yield of 10.9% on the 2023 price, before the service charge of about AED 6,900 a year.

Sales and rents for 904 over time

Sales
Unit 904, 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 327,000 (AED 758 per sqft)Sold, April 2010: AED 327,000 (AED 758 per sqft)Sold, November 2019: AED 275,000 (AED 637 per sqft)Sold, September 2023: AED 320,000 (AED 741 per sqft)

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

Rents
Unit 904, 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 39,000New contract, September 2018: AED 35,000 a yearNew contract, September 2020: AED 25,000 a yearNew contract, April 2022: AED 21,000 a yearNew contract, September 2025: AED 35,000 a year

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 904 sits

All 280 studios →

904 last sold in September 2023 at AED 741 per sqft, 16% above what studios in Palace Towers Residential Block were fetching at the time (AED 637). 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. 904's AED 35,000 is in the lower half of that range.

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
9.2%
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
902StudioAED 375K · Jul 2017
903StudioAED 330K · Oct 2024
9052-bedAED 450K · Nov 2021
906StudioAED 300K · Aug 2023
907StudioAED 415K · Jan 2015
9082-bedAED 453K · May 2021
1–7 of 23

904, Palace Towers Residential Block in numbers

  • Sold 4 times: first on 26 July 2009 for AED 327,000, last on 27 September 2023 for AED 320,000 (AED 741 per sqft).
  • Rented since September 2018 on 4 Ejari contracts. The rent fell from AED 35,000 to AED 21,000 in 2022 and recovered to AED 35,000 by September 2025.
  • At AED 35,000 a year the gross yield on the 2023 price is 10.9%, before a service charge of about AED 6,900 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 21 September 2025.

Questions about 904, Palace Towers Residential Block

What did unit 904 last sell for?

AED 320,000 on 27 September 2023: AED 741 per sqft for 431 sqft. The unit has 4 registered sales; the first was AED 327,000 in July 2009.

What is the rent for unit 904?

AED 35,000 a year on the contract signed on 21 September 2025. The previous contract, from April 2022, was AED 21,000; the unit has been rented since September 2018.

How big is unit 904?

431 sqft (40.0 sqm): a studio on the 9th floor of a 22-storey tower completed in 2009.

What is unit 904 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 904, Palace Towers Residential Block

Starts from the last sale price (AED 320K, 27 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 320,000
Deposit, UAE resident (20%)
AED 64,000
Deposit, non-resident (40%)
AED 128,000
Monthly over 25 years at 3.7%
AED 1,309

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