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Studio · 344 sqftPalace Towers Residential Block, Dubai Silicon Oasis · 9th floor · completed 2009

907, Palace Towers Residential Block

Sold prices and rental history: sold 4 times, last in January 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 907 · DLD and Ejari recordsUpdated 15 July 2026
Last soldAED 415K18 January 2015
Current rentAED 33K /yr15 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 907, Palace Towers Residential Block

What is 907 worth today?

Last sold for AED 415,000 in 2015

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15 Jul 2026RentedRenewal
AED 33,351/yr12 months · AED 97 per sqft
15 Jul 2025RentedRenewal
AED 31,763/yr12 months · AED 92 per sqft
15 Jul 2024RentedRenewal
AED 30,250/yr12 months · AED 88 per sqft
15 Jul 2023RentedRenewal
AED 27,500/yr12 months · AED 80 per sqft
15 Jul 2022RentedNew contract
AED 25,000/yr12 months · AED 73 per sqft
10 Jun 2021RentedNew contract
AED 19,000/yr12 months · AED 55 per sqft
25 Aug 2020RentedNew contract
AED 20,000/yr12 months · AED 58 per sqft
27 Jun 2019RentedNew contract
AED 26,000/yr12 months · AED 75 per sqft

Source: Dubai Land Department. Updated 15 July 2026.

Key facts

Type
Studio apartment
Size
344 sqft
Floor
9th of 22
Parking
L1-40
Developer
Tameer Holding Investment
Completed
2009
Service charge
AED 5,500 /yr
Last sold
AED 415K · January 2015
Building
Palace Towers Residential Block

About 907, Palace Towers Residential Block

907 is a studio of 344 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 18 January 2015 for AED 415,000, or AED 1,207 per sqft, 25% above the AED 969 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, renewed on 15 July 2026, is AED 33,351 a year: a gross yield of 8.0% on the 2015 price, before the service charge of about AED 5,500 a year.

Sales and rents for 907 over time

Sales
Unit 907, each saleTypical studio in Palace Towers Residential Block
200K400K2009201420192024Typical 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 306,000 (AED 890 per sqft)Sold, May 2011: AED 306,000 (AED 890 per sqft)Sold, January 2014: AED 495,000 (AED 1,440 per sqft)Sold, January 2015: AED 415,000 (AED 1,207 per sqft)

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

Rents
Unit 907, 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, June 2019: AED 26,000 a yearNew contract, August 2020: AED 20,000 a yearNew contract, June 2021: AED 19,000 a yearNew contract, July 2022: AED 25,000 a yearRenewal, July 2023: AED 27,500 a yearRenewal, July 2024: AED 30,250 a yearRenewal, July 2025: AED 31,763 a yearRenewal, July 2026: AED 33,351 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 907 sits

All 280 studios →

907 last sold in January 2015 at AED 1,207 per sqft, 25% above what studios in Palace Towers Residential Block were fetching at the time (AED 969). 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. 907's AED 33,351 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
9.3%
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
902StudioAED 375K · Jul 2017
903StudioAED 330K · Oct 2024
904StudioAED 320K · Sep 2023
9052-bedAED 450K · Nov 2021
906StudioAED 300K · Aug 2023
9082-bedAED 453K · May 2021
1–7 of 23

907, Palace Towers Residential Block in numbers

  • Sold 4 times: first on 26 July 2009 for AED 306,000, last on 18 January 2015 for AED 415,000 (AED 1,207 per sqft).
  • Rented since June 2019 on 8 Ejari contracts. The rent fell from AED 26,000 to AED 19,000 in 2021 and recovered to AED 33,351 by July 2026.
  • At AED 33,351 a year the gross yield on the 2015 price is 8.0%, before a service charge of about AED 5,500 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 15 July 2026.

Questions about 907, Palace Towers Residential Block

What did unit 907 last sell for?

AED 415,000 on 18 January 2015: AED 1,207 per sqft for 344 sqft. The unit has 4 registered sales; the first was AED 306,000 in July 2009.

What is the rent for unit 907?

AED 33,351 a year on the contract renewed on 15 July 2026. The previous contract, from July 2025, was AED 31,763; the unit has been rented since June 2019.

How big is unit 907?

344 sqft (32.0 sqm): a studio on the 9th floor of a 22-storey tower completed in 2009.

What is unit 907 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 907, Palace Towers Residential Block

Starts from the last sale price (AED 415K, 18 January 2015). Switch to today's estimate once you have unlocked it.
Price
AED 415,000
Deposit, UAE resident (20%)
AED 83,000
Deposit, non-resident (40%)
AED 166,000
Monthly over 25 years at 3.7%
AED 1,698

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