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Dubai project data

PALACE TOWER: sale prices and rents

برج القصر

Registered sales and rent contracts for the project PALACE TOWER in Dubai Silicon Oasis, from Dubai Land Department open data.

PALACE TOWER (Dubai Silicon Oasis): 48 registered sales in the 12 months to September 2026, median AED 884 per sq ft, gross rental yield 9.41%. Source: Dubai Land Department open data via data.dubai, as of 23 Oct 2026, calculated by Zolia.

Key figures, last 12 months

Data as of 23 Oct 2026 · Period Oct 2025 – Sep 2026

Registered sales
48
−21.3% vs previous 12 months
Median price per sq ft
AED 884 per sq ft
+10.8% vs previous 12 months
Median sale price
AED 555,000
Off-plan share of sales
under 3
Registered rent contracts
251
Median annual rent
AED 42,000
Gross rental yield
9.41%
Mortgage registrations
15
Units in the register
597

Indicative figures from registered transactions and rent contracts, not a valuation of any unit.

Registered mortgage transactions only, without interest rates and without lenders.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Off-plan and ready sales in PALACE TOWER

StatusSalesMedian per sq ftMiddle range per sq ft
Off-planunder 3under 3under 3
Ready48AED 884 per sq ft786 – 999

Off-plan sales are sales of properties before completion, as registered in Dubai Land Department transactions; ready sales are sales of completed properties.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Rents and rental yield in PALACE TOWER

Registered rent contracts
251
Median annual rent
AED 42,000
Middle range of registered annual rents: AED 37,000 – AED 52,000
Median annual rent per sq ft
AED 84 per sq ft
Gross rental yield
9.41%

The permitted rent increase is set by the Smart Rental Index of the Dubai Land Department; this page does not compute an index value. About the Smart Rental Index

Indicative figures from registered transactions and rent contracts, not a valuation of any unit.

Price per sq ft and rents by unit type in PALACE TOWER

Unit typeSalesMedian per sq ftMedian annual rentGross yield
Studio23AED 976 per sq ftAED 39,375under 30 sales (23)
1 bedroom5AED 720 per sq ftAED 53,000under 30 sales (5)
2 bedrooms8AED 849 per sq ftAED 70,000under 30 sales (8)

Indicative figures from registered transactions and rent contracts, not a valuation of any unit.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Price trend in PALACE TOWER

MonthSalesMedian per sq ftRent contracts
Oct 20246AED 820 per sq ft33
Nov 20247AED 818 per sq ft23
Dec 20246AED 709 per sq ft20
Jan 2025under 3under 322
Feb 20257AED 768 per sq ft28
Mar 2025under 3under 318
Apr 20257AED 751 per sq ft13
May 20257AED 873 per sq ft17
Jun 20254AED 684 per sq ft12
Jul 20256AED 782 per sq ft25
Aug 20253AED 904 per sq ft15
Sep 20256AED 833 per sq ft37
Oct 20259AED 1,135 per sq ft30
Nov 2025under 3under 322
Dec 20258AED 775 per sq ft26
Jan 20266AED 786 per sq ft18
Feb 20264AED 789 per sq ft20
Mar 20263AED 935 per sq ft17
Apr 20265AED 858 per sq ft12
May 2026under 3under 312
Jun 2026under 3under 314
Jul 20265AED 969 per sq ft32
Aug 2026under 3under 329
Sep 2026under 3under 319
Sales per calendar year
YearSalesMedian per sq ft
2009458AED 832 per sq ft
2010353AED 838 per sq ft
2011146AED 825 per sq ft
2012156AED 582 per sq ft
2013176AED 750 per sq ft
201472AED 890 per sq ft
201542AED 884 per sq ft
201634AED 881 per sq ft
201734AED 882 per sq ft
201825AED 607 per sq ft
201924AED 563 per sq ft
202014AED 471 per sq ft
202135AED 464 per sq ft
202241AED 550 per sq ft
202366AED 638 per sq ft
202465AED 785 per sq ft
202560AED 833 per sq ft

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Location

PALACE TOWER is a project in the DLD area Nadd Hessa.

Figures for Dubai Silicon Oasis

Names as in the registered transactions and rent contracts; company names are not shown.

Buildings in PALACE TOWER

  • PALACE TOWER T2 36 registered transactions and rent contracts in 12 months.

More projects in Dubai Silicon Oasis

  • PALACIO 240 registered transactions and rent contracts in 12 months.
  • THE HILLGATE 216 registered transactions and rent contracts in 12 months.
  • SILICON GATES 4 212 registered transactions and rent contracts in 12 months.
  • AXIS RESIDENCES 1 185 registered transactions and rent contracts in 12 months.
  • AXIS RESIDENCES 2 176 registered transactions and rent contracts in 12 months.
  • SILICON HEIGHTS 162 registered transactions and rent contracts in 12 months.

Questions about PALACE TOWER

How many sales were registered in PALACE TOWER?
48 sales were registered in PALACE TOWER in Oct 2025 – Sep 2026.
What is the median price per sq ft in PALACE TOWER?
The median price of registered sales in PALACE TOWER was AED 884 per sq ft in Oct 2025 – Sep 2026.
What is the median annual rent in PALACE TOWER?
The median annual rent of registered rent contracts in PALACE TOWER was AED 42,000 in Oct 2025 – Sep 2026.
What is the gross rental yield in PALACE TOWER?
The gross rental yield of ready properties in PALACE TOWER was 9.41% in Oct 2025 – Sep 2026, before costs and vacancy.
Which DLD area is PALACE TOWER in?
PALACE TOWER is registered in the Dubai Land Department area Nadd Hessa (Dubai Silicon Oasis).

Method and source

All Dubai projects with figuresAll Dubai areasHow these figures are calculated

Figures based on fewer than 3 records are not shown.

Source: Dubai Land Department, open data via data.dubai (as of 23 Oct 2026). Prepared by Zolia; not an official product of the Dubai Land Department.

Open data portal: data.dubai · Licence: Dubai Open Data Licence

  • Source: Dubai Land Department (Open Data), https://dubailand.gov.ae/en/open-data/real-estate-data/, under the Dubai Open Data Licence dubailand.gov.ae