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Palace Tower 1
Palace Tower 1Dubai Silicon Oasis
TBD
- AED/ft²
Delivered: Q3 2009
Completed
Tameer

Palace Tower 1

Dubai Silicon Oasis

Studio, 1 - 2 BedsApartment

Launch price

308,000 AED

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Buildings
Dubai Silicon Oasis
Palace Tower 1
Tameer

Palace Tower 1

Dubai Silicon Oasis

Studio, 1 - 2 BedsApartment

Launch price

308,000 AED

Palace Tower 1

Dubai Silicon Oasis

by Tameer

Booking
-

Booking

Construction
-

Construction

Handover
-

Handover

Local Information

MapSchoolsShop & Eat
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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.

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Price Analysis for Palace Tower 1

Apartment

Studio

280 units
343 – 513 ft²
No market history available yet

Starting price

308K

877 /ft²

Current price

,

Price History for Palace Tower 1

No sales transactions found

What's Available for Palace Tower 1

Unit #TypeBedsFromBuilt-upInt. AreaExt. AreaFloor

No units to display

No units to display

Price Trends

For units in Dubai Silicon Oasis

Comparable Buildings in Dubai Silicon Oasis

Assigned Schools

Affordability

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FAQ

Palace Tower 1 is a 27-storey commercial building situated within the Palace Towers complex in Dubai Silicon Oasis. It is specifically designed for business use, housing 150 office units that are available in fully fitted, furnished, and unfurnished configurations.
The project was developed by Tameer Holding Investments. It was completed in 2009 as part of a mixed-use complex that also features a separate residential tower.
The building shares an extensive landscaped podium with the adjacent tower, which includes recreational facilities such as swimming pools, gyms, and multi-purpose rooms. Additionally, the ground level of the complex features 17 retail units covering 33,000 square feet and hosts the British Orchard Nursery.
Parking for Palace Tower 1 is provided via a basement level and a lower ground floor. The building allocates a minimum of two parking slots for each office unit.
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Price Trends

For units in Dubai Silicon Oasis

AED/ft²

Mean value
Palace Tower 1:

The full spread,
reveals the bias.

Every bedroom vs areaDeeper market contextLive benchmarks
Price trends provided by Dubai Land Department.

Comparable Buildings in Dubai Silicon Oasis

BuildingPrice per ft²ConstructionHandoverDeveloper
Mas TowerRevi Realty
1,168 AED/ft²
100%
Q4 2023
Mas Tower
1,168 AED/ft²
100%
Q4 2023
Revi Realty logo
Oasis StarPrivate Developer
1,055 AED/ft²
100%
Q3 2011
Oasis Star
1,055 AED/ft²
100%
Q3 2011
Private Developer logo
Silicon Star 1Al Shirawi
771 AED/ft²
100%
Q4 2012
Silicon Star 1
771 AED/ft²
100%
Q4 2012
Al Shirawi logo
Binghatti PointBinghatti
1,114 AED/ft²
100%
Q1 2022
Binghatti Point
1,114 AED/ft²
100%
Q1 2022
Binghatti logo
Le Presidium Tower 2Credo Investments
940 AED/ft²
100%
Q3 2016
Le Presidium Tower 2
940 AED/ft²
100%
Q3 2016
Credo Investments logo

The strongest comps
sit beyond the first pass.

Every ranked comparableEvery ranked comparableDeeper yield dataDeeper yield dataCross-building contextCross-building context

Neighborhood Overview

Map showing Dubai Silicon Oasis neighborhood outline
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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.