Area view, not a building-specific photograph
Palace Tower T2, Dubai
Homes sold for a median AED 946 per sq ft. There were 16 sales in the last 12 months.
Mostly ready sales in Silicon Oasis. A typical studio sold for AED 429,000.
Get a price for Palace Tower T2- Median sold price
- AED 946
- Per sq ft, 12 months to 5 Oct 2026
- Change in a year
- +9.7%
- ↑ +9.7%
- Registered sales
- 16
- 12 months
- Lowest recent sale
- AED 350,000
- Recent sales shown below
- Typical price
- StudioAED 429,0002BRAED 843,000
- Rounded registered medians, the last 12 months to 5 Oct 2026
Price per sq ft over five years
Median sold price each quarter, against the Silicon Oasis median. Gaps mean fewer than 3 sales that quarter.
Palace Tower T2884Last recorded: 2026 Q1
Silicon Oasis median883Last recorded: 2026 Q1
Exact registered values are available in the data table below.
- Palace Tower T2, 2022 Q1: Mix of homes sold changed this quarter
- Palace Tower T2, 2025 Q1: Mix of homes sold changed this quarter
View chart data
| Period | Palace Tower T2 | Silicon Oasis median |
|---|---|---|
| 2021 Q4 | 457 | 541 |
| 2022 Q1 | 727 | 585 |
| 2022 Q2 | 623 | 614 |
| 2022 Q3 | 640 | 571 |
| 2022 Q4 | 566 | 559 |
| 2023 Q1 | 626 | 591 |
| 2023 Q2 | 608 | 584 |
| 2023 Q3 | 763 | 599 |
| 2023 Q4 | 736 | 672 |
| 2024 Q1 | 898 | 683 |
| 2024 Q2 | 826 | 721 |
| 2024 Q3 | 851 | 758 |
| 2024 Q4 | 819 | 713 |
| 2025 Q1 | 1,164 | 786 |
| 2025 Q2 | 868 | 777 |
| 2025 Q3 | 909 | 841 |
| 2025 Q4 | 955 | 929 |
| 2026 Q1 | 884 | 883 |
| 2026 Q2 | Not reported | Not reported |
| 2026 Q3 | Not reported | Not reported |
Source: Land Department open data, 5 Oct 2026. Prices describe homes sold, not a valuation.
By number of bedrooms
Compare the median price paid for each home size.
| Home | Sales | Median price, rounded | Size, sq ft | AED per sq ft |
|---|---|---|---|---|
| Studio | 10 | AED 429,000 | 431 | 995 |
| 2 bedrooms | 4 | AED 843,000 | 990 | 851 |
Source: Land Department open data. Sale medians cover the last 12 months, to 5 Oct 2026.
Not enough Ejari rent contracts in this area yet to show rents.
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Latest registered sales
Compare the recorded prices, sizes and dates of the Palace Tower T2 sales shown below.
| 2026-02-13 | Studio | Ready | 431 | 440,000 | 1,021 |
| 2026-02-12 | Studio | Ready | 431 | 428,000 | 993 |
| 2026-01-27 | Studio | Ready | 431 | 380,000 | 882 |
| 2026-01-16 | 2 bedrooms | Ready | 990 | 840,000 | 848 |
| 2026-01-05 | 2 bedrooms | Ready | 990 | 875,000 | 884 |
| 2025-12-19 | 2 bedrooms | Ready | 990 | 825,000 | 833 |
| 2025-12-15 | Studio | Ready | 344 | 374,000 | 1,087 |
| 2025-12-12 | Studio | Ready | 510 | 350,000 | 686 |
Source: Land Department open data, 5 Oct 2026. Records don't include unit numbers, so individual homes can't be identified.
What a studio in Palace Tower T2 really costs
Use your purchase price, rent and charges to compare the cash needed and income after costs.
These inputs are examples. Sale medians and community rents help you start. They are not a quote for a home for sale.
Where your purchase costs go
The chart shows how the one-off purchase fees are divided for your inputs.
- Cash you need on day one
- AED 457,849
- Net yield after costs
- Add your service charge
| DLD transfer fee | AED 17,160 |
|---|---|
| DLD admin fee | AED 580 |
| Registration trustee fee (incl. VAT) | AED 2,100 |
| Agent commission (incl. VAT) | AED 9,009 |
| Total fees | AED 28,849 |
- Monthly mortgage payment
- AED 0
- Service charge a year
- Add your service charge
- Gross yield
- 6.5%
Source: fee schedule dated 2026-10-14. DLD transfer 4%, trustee and admin fees, mortgage registration 0.25% + AED 290, agent 2% + VAT. Official fee references and labelled calculator planning assumptions. Confirm the itemised charges in writing before a deal.
Open these figures in the full calculator
Price and size are this building's medians. Rent is a placeholder; enter your own. Add the building's service charge from the Land Department's Service Charge Index to see the net yield.
Other buildings in Silicon Oasis
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Questions people ask
These answers explain the prices and registered sales shown for Palace Tower T2.
What is the price per sq ft in Palace Tower T2?
The median sold price was AED 946 per sq ft. There were 16 sales over the last 12 months to 5 Oct 2026. Prices changed by +9.7% from the 12 months before. The last sale was on 13 Feb 2026.
How much does a studio in Palace Tower T2 cost?
The median price for a studio was AED 429,000. The median size was about 431 sq ft. This covers 10 sales in the last 12 months.
Is Palace Tower T2 expensive for Silicon Oasis?
Palace Tower T2 sells at 3.4% above the Silicon Oasis median of AED 915 per sq ft, comparing both over the last 12 months.
Sources
Source update: 26 Oct 2026. Source: Dubai Land Department open data via Dubai Pulse, re-published by Dubai Real Estate Data (dataset), licensed CC BY 4.0. Sales to 5 Oct 2026. aggregated to medians; non-residential, land and flagged rows excluded.