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1-bed · 826 sqftPalace Towers Residential Block, Dubai Silicon Oasis · 9th floor · completed 2009

924, Palace Towers Residential Block

Sold prices and rental history: sold 3 times, last in June 2022, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 924 · DLD and Ejari recordsUpdated 8 October 2026
Last soldAED 420K9 June 2022
Current rentAED 55K /yr8 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 924, Palace Towers Residential Block

What is 924 worth today?

Last sold for AED 420,000 in 2022

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8 Oct 2026RentedNew contract
AED 55,000/yr12 months · AED 67 per sqft
9 Jun 2022SoldReady
AED 420,000AED 508 per sqft
3 May 2021RentedRenewal
AED 28,000/yr12 months · AED 34 per sqft
3 May 2020RentedRenewal
AED 35,000/yr12 months · AED 42 per sqft
3 May 2019RentedNew contract
AED 40,000/yr12 months · AED 48 per sqft
1 Mar 2017RentedRenewal
AED 63,000/yr12 months · AED 76 per sqft
1 Mar 2016RentedNew contract
AED 65,000/yr12 months · AED 78 per sqft
20 Nov 2014RentedNew contract
AED 50,000/yr12 months · AED 60 per sqft

Source: Dubai Land Department. Updated 8 October 2026.

Key facts

Type
1-bed apartment
Size
826 sqft
Floor
9th of 22
Parking
L3-25
Developer
Tameer Holding Investment
Completed
2009
Service charge
AED 13,300 /yr
Last sold
AED 420K · June 2022
Building
Palace Towers Residential Block

About 924, Palace Towers Residential Block

924 is a one-bedroom apartment of 826 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 June 2022 for AED 420,000, or AED 508 per sqft, in line with the AED 503 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, signed on 8 October 2026, is AED 55,000 a year: a gross yield of 13.1% on the 2022 price, before the service charge of about AED 13,300 a year.

Sales and rents for 924 over time

Sales
Unit 924, each saleTypical one-bed in Palace Towers Residential Block
400K600K2009201420192024Typical sale price by year: 2009 AED 687,000; 2010 AED 657,574; 2011 AED 645,145; 2012 AED 491,547; 2013 AED 555,800; 2014 AED 680,500; 2015 AED 673,250; 2017 AED 560,000; 2020 AED 365,000; 2021 AED 367,500; 2022 AED 420,000; 2023 AED 420,000; 2024 AED 500,000; 2025 AED 600,750; 2026 AED 595,000Sold by developer, July 2009: AED 674,000 (AED 816 per sqft)Sold, October 2010: AED 674,000 (AED 816 per sqft)Sold, June 2022: AED 420,000 (AED 508 per sqft)

924 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 924, each contractTypical one-bed in Palace Towers Residential Block
40K60K2012201620202024Typical rent by year: 2012 AED 40,000; 2013 AED 50,000; 2014 AED 49,500; 2015 AED 60,000; 2016 AED 63,500; 2017 AED 56,000; 2018 AED 49,500; 2019 AED 40,500; 2020 AED 35,500; 2021 AED 30,541; 2022 AED 34,750; 2023 AED 40,000; 2024 AED 50,000; 2025 AED 52,000; 2026 AED 53,000New contract, August 2012: AED 39,000 a yearNew contract, November 2013: AED 50,000 a yearNew contract, November 2014: AED 50,000 a yearNew contract, March 2016: AED 65,000 a yearRenewal, March 2017: AED 63,000 a yearNew contract, May 2019: AED 40,000 a yearRenewal, May 2020: AED 35,000 a yearRenewal, May 2021: AED 28,000 a yearNew contract, October 2026: AED 55,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Palace Towers Residential Block, and where 924 sits

All 72 1-beds →

924 last sold in June 2022 at AED 508 per sqft, in line with what one-beds in Palace Towers Residential Block were fetching at the time (AED 503). Over the last 12 months one-beds sold for AED 555,000 to 610,000, around AED 720 per sqft, and rent for AED 34,500 to 90,000 a year. 924's AED 55,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
26 Jun 2026555,000
7 Apr 2026595,000
19 Feb 2026610,000
29 Oct 2025575,000
3 1-bed 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
907StudioAED 415K · Jan 2015
1–7 of 23

924, Palace Towers Residential Block in numbers

  • Sold 3 times: first on 26 July 2009 for AED 674,000, last on 9 June 2022 for AED 420,000 (AED 508 per sqft).
  • Rented since August 2012 on 9 Ejari contracts. The rent fell from AED 39,000 to AED 28,000 in 2021 and recovered to AED 55,000 by October 2026.
  • At AED 55,000 a year the gross yield on the 2022 price is 13.1%, before a service charge of about AED 13,300 a year (AED 16.09 per sqft).
  • One-beds in Palace Towers Residential Block sold for AED 555,000–610,000 in the 12 months to November 2026; the building's median across all types is AED 906 per sqft.

Source: Dubai Land Department. Updated 8 October 2026.

Questions about 924, Palace Towers Residential Block

What did unit 924 last sell for?

AED 420,000 on 9 June 2022: AED 508 per sqft for 826 sqft. The unit has 3 registered sales; the first was AED 674,000 in July 2009.

What is the rent for unit 924?

AED 55,000 a year on the contract signed on 8 October 2026. The previous contract, from May 2021, was AED 28,000; the unit has been rented since August 2012.

How big is unit 924?

826 sqft (76.7 sqm): a one-bedroom apartment on the 9th floor of a 22-storey tower completed in 2009.

What is unit 924 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Palace Towers Residential Block sold for AED 555,000 to 610,000 in the last 12 months, around AED 720 per sqft.

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Mortgage on 924, Palace Towers Residential Block

Starts from the last sale price (AED 420K, 9 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 420,000
Deposit, UAE resident (20%)
AED 84,000
Deposit, non-resident (40%)
AED 168,000
Monthly over 25 years at 3.7%
AED 1,718

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