PALACE TOWER T2

Building report · Nadd Hessa · Silicon Oasis
Oct 2025 – Sep 202612 complete months · building sales; rental scope labelled below

Sales

36

Transactions in the reporting window

Sales transactions
36
Average purchase price
AED 539.4K
Average area
592 sqft
Sale price / sqft
AED 953/sqft

Transacted value: AED 19.4M

Building rentals

Project-level only

Project records available; building split unavailable

Rental project keys are shared by multiple named buildings. The source does not identify an individual tower; this does not mean there were no rentals.

PALACE TOWER: 347 project contracts.

View project-level rental data ↓

Gross rental yields

Rental figures are pooled at project level. They cannot support a building-specific gross yield.

Ready-stock basis. Gross rental yield is income before costs, not total ROI. Capital gains, financing, service charges and vacancy are not modeled.

Registration breakdown

Oct 2025 – Sep 2026

Off-plan and ready sales

Sales registrations · same reporting window
SegmentRecordsAverage priceAverage areaSale rate
Ready36AED 539.4K592 sqftAED 953/sqft
Off-plan0———
Unclassified0———

New and renewal building rentals

These registrations are not split by building. See the project-level new/renewal figures below.

Project-level rental context

Oct 2025 – Sep 2026

These are registered-project figures, not PALACE TOWER T2-only rentals. They are excluded from this building’s rental totals and gross yields.

PALACE TOWER

Registered project 213 · source area 484

Named buildings in this project: PALACE TOWER T2 · PALACE TOWERS T1 · PALACE TOWERS T3. The rental source does not identify individual buildings.

Some historical sales also omit a building label.

Rental contracts
347
Average annual rent
AED 74.5K
Average area
1,024 sqft
Annual rent / sqft
AED 80/sqft
Rental registrations · same reporting window
SegmentRecordsAverage annual rentAverage areaAnnual rate
New203AED 75.4K1,005 sqftAED 84/sqft
Renewal144AED 73.2K1,051 sqftAED 75/sqft
Unclassified0———
PALACE TOWER · pooled unit-type averages, not tower-specific
Layout / property / useContractsNewRenewalUnclassifiedAverage annual rentAverage areaAnnual rate
Studio · Apartment · Residential167101660AED 39.7K433 sqftAED 93/sqft
1 Bedroom · Apartment · Residential4427170AED 53.6K801 sqftAED 67/sqft
2 Bedroom · Apartment · Residential3119120AED 71.5K990 sqftAED 72/sqft
Unspecified layout · Unit · Commercial10556490AED 139.2K2,067 sqftAED 67/sqft
New/renewal averages and sample sizes by unit type
PALACE TOWER · annual rents · separate field sample counts
Layout / property / useRegistrationContractsAverage annual rentAverage areaAnnual rateRent / area / rate samples
Studio · Apartment · ResidentialNew101AED 41.4K432 sqftAED 97/sqft101 / 101 / 101
Studio · Apartment · ResidentialRenewal66AED 37.3K433 sqftAED 87/sqft66 / 66 / 66
Studio · Apartment · ResidentialUnclassified0———0 / 0 / 0
1 Bedroom · Apartment · ResidentialNew27AED 55.1K797 sqftAED 69/sqft27 / 27 / 27
1 Bedroom · Apartment · ResidentialRenewal17AED 51.3K807 sqftAED 64/sqft17 / 17 / 17
1 Bedroom · Apartment · ResidentialUnclassified0———0 / 0 / 0
2 Bedroom · Apartment · ResidentialNew19AED 73.8K987 sqftAED 75/sqft19 / 19 / 19
2 Bedroom · Apartment · ResidentialRenewal12AED 67.9K993 sqftAED 68/sqft12 / 12 / 12
2 Bedroom · Apartment · ResidentialUnclassified0———0 / 0 / 0
Unknown · Unit · CommercialNew56AED 147.0K2,143 sqftAED 70/sqft56 / 56 / 56
Unknown · Unit · CommercialRenewal49AED 130.4K1,980 sqftAED 64/sqft49 / 49 / 49
Unknown · Unit · CommercialUnclassified0———0 / 0 / 0

The same project may appear on several building pages. Do not add those copies together. Source: Dubai Land Department via Dubai Data Establishment.

Building unit types: prices, rents and areas

Oct 2025 – Sep 2026 · separate sales and rental samples
Residential · Apartment

Studio

23 sales · Building rental split unavailable

Sales

Sales transactions
23
Average purchase price
AED 419.7K
Average area
428 sqft
Sale price / sqft
AED 996/sqft
Ready / off-plan
Sales registrations · same reporting window
SegmentRecordsAverage priceAverage areaSale rate
Ready23AED 419.7K428 sqftAED 996/sqft
Off-plan0———
Unclassified0———

Building rentals

No building-specific rental match. Available pooled rents are shown in the project-level context, not assigned to this building.

Gross rental yield

—

Ready-sale price basis · before costs

Project rents cannot be allocated to this building and layout; no building yield is calculated.

Ready-sale rate samples
23
Rental rate samples
—
Price, rent and area sample sizes

Sales: 23 price samples · 23 area samples · 23 rate samples.

Building rental samples are unavailable.

Residential · Apartment

1 Bedroom

5 sales · Building rental split unavailable

Sales

Sales transactions
5
Average purchase price
AED 592.0K
Average area
807 sqft
Sale price / sqft
AED 735/sqft

Low sales sample

Ready / off-plan
Sales registrations · same reporting window
SegmentRecordsAverage priceAverage areaSale rate
Ready5AED 592.0K807 sqftAED 735/sqft
Off-plan0———
Unclassified0———

Building rentals

No building-specific rental match. Available pooled rents are shown in the project-level context, not assigned to this building.

Gross rental yield

—

Ready-sale price basis · before costs

Project rents cannot be allocated to this building and layout; no building yield is calculated.

Ready-sale rate samples
5
Rental rate samples
—
Price, rent and area sample sizes

Sales: 5 price samples · 5 area samples · 5 rate samples.

Building rental samples are unavailable.

Residential · Apartment

2 Bedroom

8 sales · Building rental split unavailable

Sales

Sales transactions
8
Average purchase price
AED 850.6K
Average area
928 sqft
Sale price / sqft
AED 966/sqft

Low sales sample

Ready / off-plan
Sales registrations · same reporting window
SegmentRecordsAverage priceAverage areaSale rate
Ready8AED 850.6K928 sqftAED 966/sqft
Off-plan0———
Unclassified0———

Building rentals

No building-specific rental match. Available pooled rents are shown in the project-level context, not assigned to this building.

Gross rental yield

—

Ready-sale price basis · before costs

Project rents cannot be allocated to this building and layout; no building yield is calculated.

Ready-sale rate samples
8
Rental rate samples
—
Price, rent and area sample sizes

Sales: 8 price samples · 8 area samples · 8 rate samples.

Building rental samples are unavailable.

Monthly history

Complete months through Sep 2026. Gaps mean unavailable values, not zero.

Average purchase price

All, ready and off-plan sales where classified.

PALACE TOWER T2 — Average purchase price
PALACE TOWER T2 — Average purchase price
PeriodAll salesReady
Oct 2025555833.3333333334555833.3333333334
Nov 2025460000460000
Dec 2025494750494750
Jan 2026698333.3333333334698333.3333333334
Feb 2026492666.6666666667492666.6666666667
Mar 2026424000424000
Apr 2026588750588750
May 2026643500643500
Jun 2026486342.5486342.5
Jul 2026419000419000
Aug 2026625000625000
Sep 2026840000840000

Source: Dubai Land Department via Dubai Data Establishment

Sales activity

Recorded sales transactions per month; independent count scale.

PALACE TOWER T2 — monthly sales
PALACE TOWER T2 — monthly sales
PeriodAll salesReadyOff-plan
Oct 2025660
Nov 2025110
Dec 2025440
Jan 2026330
Feb 2026330
Mar 2026330
Apr 2026440
May 2026220
Jun 2026220
Jul 2026550
Aug 2026220
Sep 2026110

Source: Dubai Land Department via Dubai Data Establishment

Monthly averages can have small samples; consult the record counts. Historical registration splits and rental records appear only where the detailed building profile supplies them.

Monthly figures for the selected metric
PALACE TOWER T2 · monthly observations, not cumulative totals
MonthAverage purchase priceSalesReadyOff-planUnclassified sales
Oct 2025AED 555.8K6600
Nov 2025AED 460.0K1100
Dec 2025AED 494.8K4400
Jan 2026AED 698.3K3300
Feb 2026AED 492.7K3300
Mar 2026AED 424.0K3300
Apr 2026AED 588.8K4400
May 2026AED 643.5K2200
Jun 2026AED 486.3K2200
Jul 2026AED 419.0K5500
Aug 2026AED 625.0K2200
Sep 2026AED 840.0K1100
Building scope and calculation notes
  • Sales building: PALACE TOWER T2; source area ID 484. Sales periods exclude the incomplete current month.
  • Rental project keys are shared by multiple named buildings. The source does not identify an individual tower; this does not mean there were no rentals.
  • Rents are annualized contract values for retained single-property physical-unit contracts. Whole assets, Virtual Ejari, pooled multi-property contracts and contracts with unknown property counts are excluded from unit comparisons.
  • Ready/off-plan and new/renewal categories follow source registrations. Unknown registrations remain explicit; segment counts sum to the all-record total where provided.
  • Average purchase price and annual rent are total unit amounts, not medians. Average areas use their own non-missing sample counts. Area is converted using 1 sqm = 10.764 sqft.
  • Gross yield compares annual rent per area with ready-sale price per area for the same building, residential asset class, layout and period. At least 10 ready-sale and 30 rental rate samples are required. These are cohorts, not the same individual units.
  • Detailed profile generated 2026-10-06. Earlier sales history comes from legacy monthly aggregates; earlier rental/registration detail remains unavailable.
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