APARTMENT FOR SALE IN PALACE TOWER 2, PALACE TOWERS

RENTED UNIT | MID FLOOR | PRIME LOCATION

Property Type:

Apartment

Property Size:

470 sqft / 44 sqm

Bedrooms:

studio

Bathrooms:

1

Service Charges:

11.71 AED per sqft

Available from:

3 Jan 2024


395,000 AED

Own this from just

1,649 AED/month

Muhammad Yasir Khan usually responds within 1 hour



Report this listing

Location

Map

Palace Tower 2

Dubai, Dubai Silicon Oasis, Palace Towers

Agent

Muhammad Yasir Khan

Hunter and Hunter Properties

(29 Properties)
Residential Insights
Palace Tower 2
4.8/57 building reviews
Price Range:40K - 54K AED/year
Community Insights
Dubai Silicon Oasis
4.1/562 building reviews
Budget-Friendly | Mostly apartments
Price Range:35K - 1M AED/year

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Amenities

Central A/C

Balcony

Shared Pool

Security

Covered Parking

Built in Wardrobes

View of Landmark

Pets Allowed

Shared Gym

Lobby in Building

Children's Pool

Children's Play Area


Description

Palace Tower 2 is one of the high-rise buildings of the Palace Towers complex, situated in Dubai Silicon Oasis. It is a 24-storey tower that consists of two basement levels, one ground floor and 22 residential floors. The project was launched by Tameer Holding Investments in 2006 and was completed by the end of the year 2009.

Palace Tower 2 contains a total of 424 residential units which are available in studio, 1-bedroom and 2-bedroom configurations. It features a range of amenities, such as a fitness club, spa and sauna services, landscaped podium, play area and retail facilities.

Dubai Silicon Oasis is a popular area for renting and buying apartments. It spread over an area of 7.2 million sq. m. with a number of residential and commercial properties and a technology park.

IN A NUTSHELL
Type of building: Residential
Location: Dubai Silicon Oasis
Developer: Tameer Holdings
Date of completion: 2009
Number of floors: 24
Number of units: 424
Unit type: Studio, 1-bed and 2-bed
Amenities: safe covered parking, CCTV security,

Transactions for Similar Properties

NaN Beds Apartment in Palace Tower 2

Sold for

DateAEDArea (sqft)
18 Apr 2024361,719470
27 Mar 2024368,866459
26 Mar 2024350,000344
18 Mar 2024350,000344
15 Mar 2024350,000470

Rented for

DateAED/yearArea (sqft)
1 Apr 202438,000470
9 Dec 202329,000344
1 Nov 202329,000344
1 Sep 202327,500344
10 Feb 202327,000431
See all transactions in this location

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This property costs 4% less than the average price of studio bedroom in Dubai Silicon Oasis

Average Sale Price is 411,651 AED

This property is 3% bigger than the average size of studio bedroom in Dubai Silicon Oasis

Average size is 457 sqft

The data displayed is based on average prices and sizes of all listings that were live on Property Finder in Dubai Silicon Oasis


Get the right mortgage for you

300,000 AED35,000,000 AED
20%
79,000 AED316,000 AED
1 year25 years

Estimate your monthly mortgage payment

Monthly payment

1,649 AED

with interest rate of

3.89%

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Reference:

YR - PALACEDXB

Listed:

3 months ago

Broker ORN:

944


DLD Permit Number:

7124726400


395,000 AED

Own this from just

1,649 AED/month

Muhammad Yasir Khan usually responds within 1 hour

Report this listing

Own this property from just

1,649 AED /month

Fixed rates from: 3.89%

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