Market bulletin · Thu, 22 Oct 2026
Palace Towers Residential Block: 1 sales worth AED 435K in 30 days
Palace Towers Residential Block recorded 1 sale worth AED 435K in the 30 days to Thu, 22 Oct 2026. Over the last week 0 sales were registered (AED 0), against 0 the week before.
By market over 12 months: secondary (ready) sales 100%.
In Dubai Silicon Oasis, Palace Towers Residential Block ranked #11 of 11 leading projects by 12-month sales value; it is developed by Tameer.
Leases registered in the last three months had a median annual rent of AED 40K. The best gross yield is on Studio apartments at about 9.2%.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | — |
| Sept 26 | — |
| Aug 26 | — |
| Jul 26 | — |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | — |
| Dec 25 | — |
| Nov 25 | — |
| Oct 25 | AED 1,222 |
| Sept 25 | AED 884 |
| Aug 25 | — |
| Jul 25 | AED 772 |
| Jun 25 | — |
| May 25 | AED 894 |
| Apr 25 | AED 751 |
| Mar 25 | — |
| Feb 25 | — |
| Jan 25 | — |
| Dec 24 | AED 706 |
| Nov 24 | AED 850 |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 0 | 0 | 1 |
| Sept 26 | 0 | 0 | 0 |
| Aug 26 | 0 | 0 | 1 |
| Jul 26 | 0 | 0 | 3 |
| Jun 26 | 0 | 0 | 1 |
| May 26 | 0 | 0 | 2 |
| Apr 26 | 0 | 0 | 4 |
| Mar 26 | 0 | 0 | 2 |
| Feb 26 | 0 | 0 | 2 |
| Jan 26 | 0 | 0 | 3 |
| Dec 25 | 0 | 0 | 4 |
| Nov 25 | 0 | 0 | 1 |
Period comparison
This market against its own past: each window vs the one before it and vs the same window a year earlier.
| Window | Sales | vs prior | Value | AED/sqft | vs prior |
|---|---|---|---|---|---|
| Last 1 month | 1 | — | AED 435K | — | — |
| Last 3 months | 2 | down 66.7% | AED 825K | — | — |
| Last 6 months | 8 | down 55.6% | AED 3.83M | 926 | up 4.6% |
| Last 12 months | 26 | down 56.7% | AED 14.0M | 907 | up 9.1% |
Raw medians — the headline change above is like-for-like (same market, type and bedrooms).
| Market | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Secondary (ready) | 26 | 100% | AED 448K | 907 | up 9.1% |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Studio | 17 | 65% | AED 425K | 955 | up 3.1% |
| 1 bedroom | 3 | 12% | — | — | — |
| 2 bedrooms | 6 | 23% | AED 843K | 866 | up 8.5% |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 26 | 100% | AED 448K | 907 | up 9.1% |
Rents & yields
Leases registered with Ejari / DLD.
Median annual rent
Monthly median of registered leases (new and renewed)
View data table
| Date | Annual rent |
|---|---|
| Oct 26 | AED 39K |
| Sept 26 | AED 41K |
| Aug 26 | AED 42K |
| Jul 26 | AED 40K |
| Jun 26 | AED 42K |
| May 26 | AED 41K |
| Apr 26 | AED 41K |
| Mar 26 | AED 43K |
| Feb 26 | AED 50K |
| Jan 26 | AED 40K |
| Dec 25 | AED 48K |
| Nov 25 | AED 46K |
| Oct 25 | AED 40K |
| Sept 25 | AED 43K |
| Aug 25 | AED 39K |
| Jul 25 | AED 42K |
| Jun 25 | AED 42K |
| May 25 | AED 44K |
| Apr 25 | AED 39K |
| Mar 25 | AED 42K |
| Feb 25 | AED 42K |
| Jan 25 | AED 33K |
| Dec 24 | AED 36K |
| Nov 24 | AED 39K |
- Leases (12M)
- 301
- New leases
- 59.1%
- Median rent 3M
- AED 40K
- Rent/sqft 3M
- AED 83
| Studio apartments | AED 39K / AED 425K | 9.2% |
|---|---|---|
| 2 BR apartments | AED 67K / AED 843K | 7.9% |
| Bedrooms | Leases | Median rent | New leases | AED/sqft/yr |
|---|---|---|---|---|
| Studio | 172 | AED 39K | AED 42K | 91 |
| 1 BR | 42 | AED 54K | AED 55K | 66 |
| 2 BR | 35 | AED 67K | AED 75K | 67 |
Competing projects in Dubai Silicon Oasis
CompareOther projects trading in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Timez by DanubeDanube Properties | 280 | 1,947 | — |
| The Hillgate AEllington Properties Development | 91 | 1,622 | — |
| Silicon Star 2Dubai Silicon Oasis Authority - DSOA | 64 | 902 | — |
| The Hillgate BEllington Properties Development | 80 | 1,741 | — |
| Aura PrestigeAura Infinite Real Estate Development | 48 | 1,277 | — |
| Ayat OasisPrivate Investor | 71 | 913 | — |
| The Eighty EightIthra Dubai | 54 | 1,200 | unchanged 0.0% |
| Tria by DeyaarDeyaar Development | 67 | 1,323 | — |
| Belle Vie by ZimayaZimaya Properties | 39 | 1,341 | — |
| Solen ResidenceMohammad Abuhijleh Real Estate Development | 37 | 1,250 | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 435K | Studio Apartment · 470 sqftPalace Towers Residential Block · Dubai Silicon Oasis | 1 Oct |
| AED 390K | Studio Apartment · 344 sqftPalace Towers Residential Block · Dubai Silicon Oasis | 20 Aug |
Questions about Palace Towers Residential Block
How many properties were sold in Palace Towers Residential Block in the last year?
26 sales worth AED 14.0M were registered in the last 12 months: 0% developer off-plan, 0% off-plan resales and 100% secondary (ready) sales.
What is the average rent in Palace Towers Residential Block?
The median annual rent on leases registered in the last three months was AED 40K, and the best gross rental yield is about 9.2%.
Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.
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