Palace TowerDubai Silicon Oasis

426,500 AEDmarket

984 AED/ft²

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Delivered: Q3 2009

Completed

Palace Tower

Dubai Silicon Oasis

Studio, 1 - 2 BedsApartment

Launch price

308,000 AED

Palace Tower

Dubai Silicon Oasis

Studio, 1 - 2 BedsApartment

Launch price

308,000 AED

Palace Tower

Dubai Silicon Oasis

by Tameer

Booking

Construction

Handover

Local Information

Description

Palace Tower offers apartments for sale in Dubai Silicon Oasis, a completed 24-storey residential building developed by Tameer Holding Investments with 399 units. Construction on the project began in March 2007. The tower was completed in 2009, featuring studio, one, and two-bedroom apartments. Palace Tower 2, the residential component of the complex, also includes retail units on the ground floor. The development is situated opposite Academic City and provides easy access to Sheikh Mohammed Bin Zayed Road and Al Ain Road. Nearby educational institutions include GEMS Wellington Academy and German International School Dubai. Residents have access to amenities such as a swimming pool and gymnasium. The complex is also close to Silicon Oasis Community Park and various shopping centers.

Price History for Palace Tower

Comparable Projects in Dubai Silicon Oasis

Project	Price per ft²	Construction	Handover	Developer
Axis Residences 1GGICO 670 AED/ft² 100% Q3 2009	Axis Residences 1	670 AED/ft²	100%	Q3 2009
Jade ResidenceDeyaar 895 AED/ft² 100% Q4 2009	Jade Residence	895 AED/ft²	100%	Q4 2009
Axis Residences 7GGICO 575 AED/ft² 100% Q4 2009	Axis Residences 7	575 AED/ft²	100%	Q4 2009
Sapphire ResidenceDeyaar 887 AED/ft² 100% Q1 2010	Sapphire Residence	887 AED/ft²	100%	Q1 2010
Ruby ResidenceDeyaar 1,000 AED/ft² 100% Q1 2010	Ruby Residence	1,000 AED/ft²	100%	Q1 2010

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Unit Plot Map for Palace Tower

What's Available for Palace Tower

Unit #	Type	Beds	From	Built-up	Int. Area	Ext. Area	Floor
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Neighborhood Overview

Dubai Silicon Oasis

91 Buildings For You

Buy: AED 168K - 4.5M

YoY Price Change: +10.0%

Gross Yield: No rental data available yet

Neighborhood stats provided by Dubai Land Department.

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FAQ

Palace Tower reached completion and was handed over to residents on August 25, 2009. The project, developed by Tameer, has been fully operational since that date.

The project features a total of 399 apartments, offering a unit mix that includes studio, one-bedroom, and two-bedroom layouts. The residential building is part of a mixed-use complex that also incorporates ground-floor retail spaces.

This development is well-suited for professionals and small families seeking established residential options within the Dubai Silicon Oasis free zone. Its location opposite Academic City and proximity to major road networks like Sheikh Mohammed Bin Zayed Road provide practical connectivity for daily commuters.

Residents of Palace Tower have access to a swimming pool and a gymnasium located within the complex. These facilities are designed to support the daily needs of those living in this established technology-driven community.