AED 445,000
Own this from just
1,830 AED/monthStudio
1 Bathroom
343 sqft / 32 sqm
APARTMENT FOR SALE IN PALACE TOWER 2, PALACE TOWERSAbout Palace Towers, Silicon OasisPalace Towers is a mixed-use complex in Dubai Silicon Oasis consisting of two high-rise buildings. One is referred to as Palace Tower 1, which is a 27-storey commercial building. The other is a 24-floor residential building called Palace Tower 2.
Palace Towers, Silicon Oasis was developed by Tameer Holding Investments, while its design has been done by Al Hashemi architects. The construction of the project started in 2007 and it was completed in 2009. The exterior design of Palace Towers buildings features a blend of neo-classical and postmodern architecture. The commercial building consists of 150 offices, whereas the residential tower features 424 apartments. Housing 17 retail units, the project also features a total retail area of 33,000 sq. ft. spread across the ground level. Palace Towers features a range of facilities, such as a fitness club, a swimming pool, play area and spa services. In addition to being situated opposite Academic City, the complex also houses an educational institute called British Orchard Nursery.
A holistic community, Dubai Silicon Oasis is free-zone urban development situated at the gateway to ‘New Dubai’. Ranking among the top five areas of the city, its popularity for renting apartments is clearly reflected through Bayut’s Market Report for 2020. This 7.2 million sq. m. large technology park hosts a number of commercial properties as well as a variety of accommodations.
VACANT | FURNISHED | READY | HIGH FLOOR
Palace Towers, Silicon Oasis was developed by Tameer Holding Investments, while its design has been done by Al Hashemi architects. The construction of the project started in 2007 and it was completed in 2009. The exterior design of Palace Towers buildings features a blend of neo-classical and postmodern architecture. The commercial building consists of 150 offices, whereas the residential tower features 424 apartments. Housing 17 retail units, the project also features a total retail area of 33,000 sq. ft. spread across the ground level. Palace Towers features a range of facilities, such as a fitness club, a swimming pool, play area and spa services. In addition to being situated opposite Academic City, the complex also houses an educational institute called British Orchard Nursery.
A holistic community, Dubai Silicon Oasis is free-zone urban development situated at the gateway to ‘New Dubai’. Ranking among the top five areas of the city, its popularity for renting apartments is clearly reflected through Bayut’s Market Report for 2020. This 7.2 million sq. m. large technology park hosts a number of commercial properties as well as a variety of accommodations.
Property details
Property Type
Apartment
Property Size
343 sqft / 32 sqm
Bedrooms
studio
Bathrooms
1
Service Charges
12.72 AED per sqft
Amenities
Central A/C
Shared Pool
Security
Covered Parking
Built in Wardrobes
Kitchen Appliances
View of Landmark
Pets Allowed
Shared Gym
Children's Pool
Location
Price Insights
Transactions for Similar Properties
Studio Apartment in Palace Tower 2
Sold for
| Date | AED | Area (sqft) |
|---|---|---|
| 10 Jul 2025 | 430,000 | 431 |
| 10 Jul 2025 | 400,000 | 344 |
| 12 Jun 2025 | 420,000 | 431 |
| 28 May 2025 | 300,000 | 344 |
| 26 May 2025 | 415,000 | 344 |
Rented for
| Date | AED/year | Area (sqft) |
|---|---|---|
| 15 Jul 2025 | 41,000 | 510 |
| 15 Jul 2025 | 31,763 | 344 |
| 12 Jul 2025 | 50,000 | 470 |
| 4 Jul 2025 | 37,000 | 510 |
| 1 Jul 2025 | 38,000 | 431 |
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This property costs 13% less than the average price of studio bedroom in Dubai Silicon Oasis
Average Sale Price is 514,111 AED
This property is 21% smaller than the average size of studio bedroom in Dubai Silicon Oasis
Average size is 435 sqft
The data displayed is based on average prices and sizes of all listings that were live on Property Finder in Dubai Silicon Oasis
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Response time
within 15 minutes
Experience
18 years
Closed Deals
2
Languages
English, Urdu, Punjabi
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Estimate your monthly mortgage payment
Monthly payment
1,830 AED
with interest rate of
3.75%
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Regulatory information
Regulatory information
Reference
YR-PALACEDXB
Listed
1 day ago
Broker License
944
Agency name
HUNTER & HUNTER PROPERTIES
Zone name
Nad Al Shiba
DLD Permit Number:
7125054200
Agent License
28533
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Own this property from just
1,830 AED /month
Fixed rates from: 3.75%
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