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Palace Tower 2
Palace Tower 2Dubai Silicon Oasis
426,500 AEDmarket
984 AED/ft²
Delivered: Q3 2009
Completed
Tameer

Palace Tower 2

Dubai Silicon Oasis

Studio, 1 - 2 BedsApartment

Launch price

308,000 AED

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Buildings
Dubai Silicon Oasis
Palace Tower 2
Tameer

Palace Tower 2

Dubai Silicon Oasis

Studio, 1 - 2 BedsApartment

Launch price

308,000 AED

Palace Tower 2

Dubai Silicon Oasis

by Tameer

Booking
-

Booking

Construction
-

Construction

Handover
-

Handover

Local Information

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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 2

Apartment

Studio

12%
280 units
343 – 513 ft²
No market history available yet

Starting price

308K

877 /ft²

Current price

427K

984 /ft²

Every bedroom
priced differently.

All chartsLaunch curvesLive comparables

Price History for Palace Tower 2

DatePriceTypeBeds
15 Apr 2026470,000ApartmentStudio482 ft²—975
15 Apr 2026450,000ApartmentStudio431 ft²—1,044
26 Mar 2026440,000ApartmentStudio470 ft²—936
9 Mar 2026407,000ApartmentStudio459 ft²—887
2 Mar 2026425,000ApartmentStudio344 ft²—1,235
13 Feb 2026440,000ApartmentStudio431 ft²—1,021
12 Feb 2026428,000ApartmentStudio431 ft²—993
27 Jan 2026380,000ApartmentStudio431 ft²—882
15 Apr 2026
470,000
StudioApartment

482 ft²

—

975

15 Apr 2026
450,000
StudioApartment

431 ft²

—

1,044

26 Mar 2026
440,000
StudioApartment

470 ft²

—

936

9 Mar 2026
407,000
StudioApartment

459 ft²

—

887

2 Mar 2026
425,000
StudioApartment

344 ft²

—

1,235

13 Feb 2026
440,000
StudioApartment

431 ft²

—

1,021

12 Feb 2026
428,000
StudioApartment

431 ft²

—

993

27 Jan 2026
380,000
StudioApartment

431 ft²

—

882

A little more context
changes the read.

All transactionsAll transactionsSales and RentalsBoth sales and rentalsPrice per ft²Full price per ft²

Showing 8 most recent sales transactions

What's Available for Palace Tower 2

Unit #TypeBedsFromBuilt-upInt. AreaExt. AreaFloor

No units to display

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Price Trends

For units in Dubai Silicon Oasis

Comparable Buildings in Dubai Silicon Oasis

Assigned Schools

Affordability

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FAQ

Palace Tower 2 features a total of 424 residential units. These apartments are configured as studios, 1-bedroom, and 2-bedroom layouts.
The building was developed by Tameer Holding Investments. It forms part of the two-building Palace Towers complex in Dubai Silicon Oasis.
Residents of Palace Tower 2 have access to shared facilities within the complex, including a fully equipped gymnasium, a swimming pool, sauna services, and a children's play area. The ground level also houses approximately 33,000 sq. ft. of retail space.
Each residential unit in Palace Tower 2 is provided with an allocated parking spot in the building's basement levels. Visitors to the tower can utilize street parking available outside the building.
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Price Trends

For units in Dubai Silicon Oasis

AED/ft²

Mean Studio value
Palace Tower 2: 984

AED/ft²

Mean value
Palace Tower 2:

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
Oasis StarPrivate Developer
1,055 AED/ft²
7.2%
100%
Q3 2011
Oasis Star
1,055 AED/ft²7.2%
100%
Q3 2011
Private Developer logo
The DunesMaximus Group
1,009 AED/ft²
2.5%
100%
Q1 2009
The Dunes
1,009 AED/ft²2.5%
100%
Q1 2009
Maximus Group logo
Oasis High ParkPrivate Developer
1,007 AED/ft²
2.3%
100%
Q4 2014
Oasis High Park
1,007 AED/ft²2.3%
100%
Q4 2014
Private Developer logo
Lynx ResidenceEarth Developers
1,123 AED/ft²
14.1%
100%
Q2 2018
Lynx Residence
1,123 AED/ft²14.1%
100%
Q2 2018
Earth Developers logo
Silicon Gates 2Time Properties
1,054 AED/ft²
7.1%
100%
Q2 2014
Silicon Gates 2
1,054 AED/ft²7.1%
100%
Q2 2014
Time Properties 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
© Mapbox © OpenStreetMap · Improve this map
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.