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

918, Palace Towers Residential Block

Sold prices and rental history: sold 3 times, last in July 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 918 · DLD and Ejari recordsUpdated 14 March 2026
Last soldAED 280K9 July 2013
Current rentAED 43K /yr14 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 918, Palace Towers Residential Block

What is 918 worth today?

Last sold for AED 280,000 in 2013

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14 Mar 2026RentedNew contract
AED 43,302/yr12 months · AED 126 per sqft
19 Sep 2025RentedRenewal
AED 42,000/yr12 months · AED 122 per sqft
19 Sep 2024RentedNew contract
AED 42,000/yr12 months · AED 122 per sqft
4 Aug 2023RentedNew contract
AED 39,000/yr12 months · AED 113 per sqft
28 Mar 2023RentedNew contract
AED 38,400/yr12 months · AED 112 per sqft
1 Nov 2019RentedNew contract
AED 30,000/yr12 months · AED 87 per sqft
15 Oct 2018RentedNew contract
AED 31,000/yr12 months · AED 90 per sqft
11 Sep 2015RentedNew contract
AED 48,500/yr12 months · AED 141 per sqft

Source: Dubai Land Department. Updated 14 March 2026.

Key facts

Type
Studio apartment
Size
344 sqft
Floor
9th of 22
Parking
L2-28
Developer
Tameer Holding Investment
Completed
2009
Service charge
AED 5,500 /yr
Last sold
AED 280K · July 2013
Building
Palace Towers Residential Block

About 918, Palace Towers Residential Block

918 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 9 July 2013 for AED 280,000, or AED 814 per sqft, 19% above the AED 683 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 14 March 2026, is AED 43,302 a year: a gross yield of 15.5% on the 2013 price, before the service charge of about AED 5,500 a year.

Sales and rents for 918 over time

Sales
Unit 918, 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 306,000 (AED 890 per sqft)Sold, July 2011: AED 306,000 (AED 890 per sqft)Sold, July 2013: AED 280,000 (AED 814 per sqft)

918 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 918, each contractTypical studio in Palace Towers Residential Block
20K40K2012201620202024Typical 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, August 2014: AED 45,000 a yearNew contract, September 2015: AED 48,500 a yearNew contract, October 2018: AED 31,000 a yearNew contract, November 2019: AED 30,000 a yearNew contract, March 2023: AED 38,400 a yearNew contract, August 2023: AED 39,000 a yearNew contract, September 2024: AED 42,000 a yearRenewal, September 2025: AED 42,000 a yearNew contract, March 2026: AED 43,302 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 918 sits

All 280 studios →

918 last sold in July 2013 at AED 814 per sqft, 19% above what studios in Palace Towers Residential Block were fetching at the time (AED 683). 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. 918's AED 43,302 is in the upper 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
904StudioAED 320K · Sep 2023
9052-bedAED 450K · Nov 2021
906StudioAED 300K · Aug 2023
907StudioAED 415K · Jan 2015
1–7 of 23

918, Palace Towers Residential Block in numbers

  • Sold 3 times: first on 26 July 2009 for AED 306,000, last on 9 July 2013 for AED 280,000 (AED 814 per sqft).
  • Rented since August 2014 on 9 Ejari contracts. The rent fell from AED 45,000 to AED 30,000 in 2019 and recovered to AED 43,302 by March 2026.
  • At AED 43,302 a year the gross yield on the 2013 price is 15.5%, 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 14 March 2026.

Questions about 918, Palace Towers Residential Block

What did unit 918 last sell for?

AED 280,000 on 9 July 2013: AED 814 per sqft for 344 sqft. The unit has 3 registered sales; the first was AED 306,000 in July 2009.

What is the rent for unit 918?

AED 43,302 a year on the contract signed on 14 March 2026. The previous contract, from September 2025, was AED 42,000; the unit has been rented since August 2014.

How big is unit 918?

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

What is unit 918 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 918, Palace Towers Residential Block

Starts from the last sale price (AED 280K, 9 July 2013). Switch to today's estimate once you have unlocked it.
Price
AED 280,000
Deposit, UAE resident (20%)
AED 56,000
Deposit, non-resident (40%)
AED 112,000
Monthly over 25 years at 3.7%
AED 1,146

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