Residential Insights
Palace Tower 2
4.8/57 building reviews
Price Range:48K - 78K AED/year
60,000 AED/year
studio Bedrooms
1 Bathrooms
431 sqft / 40 sqm
12 cheque-Monthly payment acceptable
Property Type:
Apartment
Location
Palace Tower 2
Dubai, Dubai Silicon Oasis, Palace Towers
Agent
Afnan shabir
Luxury King Properties L.L.C
(46 Properties)
Amenities
Central A/C
Balcony
Shared Pool
Security
Concierge
Maid Service
Covered Parking
Built in Wardrobes
Kitchen Appliances
View of Water
View of Landmark
Shared Gym
Lobby in Building
Barbecue Area
Description
12 cheques possible -monthly 5000 bills include
Apartment Details
bills include -internet not include
Yearly Contract
Chiller Free Building
Vacant
Palace Towers is 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.
Transactions for Similar Properties
NaN Beds Apartment in Palace Tower 2
Sold for
| Date | AED | Area (sqft) |
|---|---|---|
| 7 Jun 2024 | 430,000 | 470 |
| 5 Jun 2024 | 356,000 | 473 |
| 4 Jun 2024 | 340,000 | 431 |
| 20 May 2024 | 475,000 | 344 |
| 17 May 2024 | 375,000 | 473 |
Rented for
| Date | AED/year | Area (sqft) |
|---|---|---|
| 7 Jun 2024 | 24,000 | 459 |
| 7 Jun 2024 | 42,000 | 473 |
| 4 Jun 2024 | 36,000 | 510 |
| 25 May 2024 | 36,000 | 344 |
| 5 Apr 2024 | 38,000 | 431 |
Powered byDataGuru
This property costs 56% more than the average price of studio bedroom in Dubai Silicon Oasis
Average Rent is 38,552 AED
This property is 8% smaller than the average size of studio bedroom in Dubai Silicon Oasis
Average size is 471 sqft
The data displayed is based on average prices and sizes of all listings that were live on Property Finder in Dubai Silicon Oasis
Regulatory information
Regulatory information
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