Bedroom typeDubai Silicon Oasis · Tameer Holding Investment · 2009

Studios in Palace Towers Residential Block

Studios in Dubai Silicon Oasis. 22 studios sold in the last 12 months; every sale, rent and unit is below.

Last 12 months · studiosUpdated 7 November 2026
Typical price per sqftAED 962Up 4.0% on the year
Typical saleAED 427K22 sales
Typical rentAED 39K /yrAED 91 per sqft
Typical yield9.4%AED 16.09/sqft charge

About the studios in Palace Towers Residential Block

Palace Towers Residential Block has 280 studios, 66% of its 424 apartments, at 113 to 514 sqft. They are the most traded homes in the building: 22 of the 32 sales registered in the last 12 months were studios. The service charge is AED 16.09 per sqft a year.

22 studios sold in the 12 months to November 2026, at a median of AED 962 per sqft, up 4.0% on the year before. The median sale was AED 427,000, from AED 320,000 to 470,000, against a median of AED 906 per sqft for the building as a whole. 161 contracts registered over the same 12 months rented them for AED 10,714 to 66,000 a year, a gross yield of about 9.4% before the service charge.

Studios
280
Share of building
66%
Size
113–514 sqft
Last sale
5 October 2026
Building
Palace Towers Residential Block

Dubai Silicon Oasis, Dubai

Average prices in Palace Towers Residential Block

Studios in Palace Towers Residential Block sell for around AED 427,000, or AED 962 per sqft, 6% more per sqft than the building average. The other types: AED 595,000 for one-beds and AED 840,000 for two-beds.

Last 12 months of DLD sales, median per type. The paler bars link to the other types’ pages.

Studio price history in Palace Towers Residential Block

8001,0001,200May 2026Nov 20262025-11-26: AED 954, Studio, 482 sqft2025-12-09: AED 936, Studio, 459 sqft2025-12-11: AED 686, Studio, 510 sqft2025-12-15: AED 1,088, Studio, 344 sqft2026-01-26: AED 881, Studio, 431 sqft2026-02-12: AED 992, Studio, 431 sqft2026-02-13: AED 1,020, Studio, 431 sqft2026-03-02: AED 1,236, Studio, 344 sqft2026-03-09: AED 886, Studio, 459 sqft2026-03-26: AED 935, Studio, 470 sqft2026-04-15: AED 1,043, Studio, 431 sqft2026-04-15: AED 975, Studio, 482 sqft2026-05-20: AED 886, Studio, 459 sqft2026-06-08: AED 867, Studio, 482 sqft2026-07-03: AED 999, Studio, 470 sqft2026-07-09: AED 1,066, Studio, 431 sqft2026-07-14: AED 927, Studio, 431 sqft2026-07-17: AED 677, Studio, 472 sqft2026-07-21: AED 969, Studio, 459 sqft2026-08-20: AED 1,134, Studio, 344 sqft2026-10-01: AED 924, Studio, 470 sqft2026-10-05: AED 1,149, Studio, 344 sqftTrend: AED 937 to AED 996

Every registered sale in the last 12 months; the dashed line is the trend, grey dots are flagged outliers left out of it.

Studio transactions in Palace Towers Residential Block

  • CompletedStudio · 343 sqft 05 Oct 2026AED 395,0001,149 /sqft
  • CompletedStudio · 470 sqft 01 Oct 2026AED 435,000925 /sqft
  • CompletedStudio · 343 sqft 20 Aug 2026AED 390,0001,135 /sqft
  • CompletedStudio · 459 sqft 21 Jul 2026AED 445,000969 /sqft
  • CompletedStudio · 472 sqft 17 Jul 2026AED 320,000678 /sqft
  • CompletedStudio · 431 sqft 14 Jul 2026AED 400,000927 /sqft
  • CompletedStudio · 431 sqft 09 Jul 2026AED 460,0001,067 /sqft
  • CompletedStudio · 470 sqft 03 Jul 2026AED 470,000999 /sqft
  • CompletedStudio · 481 sqft 08 Jun 2026AED 417,685867 /sqft
  • CompletedStudio · 459 sqft 20 May 2026AED 407,000887 /sqft

Over the last 12 months, Palace Towers Residential Block has recorded 22 studio sales. Typical homes sold for around AED 427K (about AED 962 per sqft) with a median size of 459 sqft, from roughly AED 320K to AED 470K.

1–10 of 964

Studios in Palace Towers Residential Block

280 units
  • Unit 502Studio · 470 sqftSold AED 359K, Aug 2010
  • Unit 503Studio · 459 sqftSold AED 339K, Jun 2010
  • Unit 504Studio · 431 sqftSold AED 319K, May 2010
  • Unit 506Studio · 344 sqftSold AED 298K, Aug 2010
  • Unit 507Studio · 344 sqftSold AED 325K, Oct 2023
  • Unit 509Studio · 431 sqftSold AED 332K, Oct 2023
  • Unit 511Studio · 482 sqftSold AED 350K, Nov 2023
  • Unit 512Studio · 510 sqftSold AED 400K, May 2024
  • Unit 513Studio · 510 sqftSold AED 340K, Oct 2023
  • Unit 514Studio · 482 sqftSold AED 400K, Nov 2023
1–10 of 280
Every unit in Palace Towers Residential Block, by number

Nearby in Dubai Silicon Oasis

All 78 →
BuildingSale /sqftYield
Palace Towers T3Few sales
Spring TowerAED 8788.2%
Silicon Gates 1AED 8778.9%
SIT TowerFew sales
Ruby ResidenceAED 9647.5%
1–5 of 77 · nearest first

Palace Towers Residential Block studios in numbers

  • Across 22 DLD sales in the 12 months to November 2026, the median price in Studios in Palace Towers Residential Block was AED 962 per sqft and the typical home sold for about AED 427K.
  • Completed in 2009 by Tameer Holding Investment; 22 floors of studios to two-beds; service charge AED 16.09 per sqft a year.
  • Studios of 113 to 514 sqft sold for AED 320,000 to 470,000 between November 2025 and October 2026, a median AED 962 per sqft.
  • A studio of 113 to 514 sqft rents for AED 10,714 to 66,000 a year on the 161 contracts registered in the last 12 months.
  • Gross rental yield 9.4%: the median rent per sqft over the median sale price per sqft, before service charges.

Source: Dubai Land Department. Updated 7 November 2026.

Questions

How much does a studio in Palace Towers Residential Block cost?

22 studios sold in the 12 months to November 2026, for AED 320,000 to 470,000; the median was AED 426,500, or AED 962 per sqft.

How much is a studio for rent in Palace Towers Residential Block?

About AED 39,000 a year: that is the median of the 161 contracts for studios registered with Ejari in the 12 months to November 2026, from AED 10,714 to 66,000.

What is the rental yield in Palace Towers Residential Block?

About 9.4% gross for studios, before service charges: the median rent per sqft over the median sale price per sqft in the last 12 months.

Have prices in Palace Towers Residential Block gone up?

The median price per sqft rose from about AED 925 to AED 962 over the 12 months to November 2026, up 4.0%, on 22 sales against 32 the year before.

What is the service charge in Palace Towers Residential Block?

AED 16.09 per sqft a year. For a typical 113 sqft home that is about AED 1,800 a year.

Who built Palace Towers Residential Block and when?

Tameer Holding Investment; completed in 2009; 22 floors; 424 apartments.

How many studios are there in Palace Towers Residential Block?

280, of 113 to 514 sqft, 66% of the building's 424 apartments.

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