About Palace Tower
Palace Tower is a residential and commercial development by Tameer Holding Investment, in Dubai Silicon Oasis, Dubai. The project comprises 597 homes across 3 buildings.
Key information
Developer
Tameer Holding Investment
- Handover
- Q3 2009
- Status
- Handed over
- Location
- Dubai Silicon Oasis, Dubai
- Master project
- Silicon Oasis
- Construction started
- 2007
- Number of buildings
- 3
- Number of units
- 597
- Service charge
- AED 15/sqft
- Registered with DLD
- 08 Nov 2008
- Escrow bank
- Abu Dhabi Islamic Bank
- Escrow account no.
- 12337130
- DLD transfer fee
- 4%
Source: official Dubai Land Department project data.
Project timeline
- Construction started2007
- Handed overQ3 2009
Amenities
Physical features recorded on the Dubai Land Department buildings register.
27 Floors
Retail & Shops
425 Residential Units
Sales and prices
Recorded sales from the Dubai Land Department register, not asking prices.
Recorded sales
1,812
Median price
AED 437K
Median price / sqft
AED 814+4%
Off-plan share
27%
Priced 0% above than the Nadd Hessa median of AED 810/sqft.
Sold by bedroom
| Layout | Sold | Typical size | Avg price | Avg / sqft |
|---|---|---|---|---|
| Studio | 949 | 431 sqft | AED 350K | AED 822 |
| 1 Bed | 217 | 797 sqft | AED 595K | AED 754 |
| 2 Bed | 211 | 985 sqft | AED 769K | AED 785 |
Price per sqft by year
+4% since 2009AED/sqft
Recent recorded sales
| Date | Type | Size | Price | Price / sqft |
|---|---|---|---|---|
| 21 Aug 2026 | Resale | 990 sqft | AED 860K | AED 869 |
| 20 Aug 2026 | Resale | 344 sqft | AED 390K | AED 1K |
| 22 Jul 2026 | Resale | 459 sqft | AED 445K | AED 969 |
| 20 Jul 2026 | Resale | 472 sqft | AED 320K | AED 678 |
| 14 Jul 2026 | Resale | 431 sqft | AED 400K | AED 927 |
| 09 Jul 2026 | Resale | 431 sqft | AED 460K | AED 1K |
| 03 Jul 2026 | Resale | 470 sqft | AED 470K | AED 999 |
| 29 Jun 2026 | Resale | 826 sqft | AED 555K | AED 672 |
Unit mix
597 registered units, by layout and size, from the Dubai Land Department.
| Layout | Units | Size range |
|---|---|---|
| Shop | 17 | - |
| Office | 156 | - |
| Studio | 280 | 344 - 514 sqft |
| 1 B/R | 72 | 762 - 826 sqft |
| 2 B/R | 72 | 947 - 1,023 sqft |
Payment plan
Payment plans are set by Tameer Holding and change with each release. We'll send the plan that applies to the units available now, with the milestone breakdown.
Request the payment planLocation
Approximate location in Dubai Silicon Oasis, Dubai.
Dubai Silicon Oasis
Dubai, United Arab Emirates
Frequently asked questions
Palace Tower has already been handed over (Q3 2009), according to Dubai Land Department records.
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